Eeach Year UK Banking Customers Receive Nearly 40,000 Tons Of Paper From Banks
- 11 years 3 months ago
- Banking
UK banking customers receive almost 40,000 (39,899) tons of paper communications from their banks every year, new research has found. Digital financial services software provider Intelligent Environments has found that customers are sent more than 1.2 billion (1,276,776,000) paper communications from their bank each year, including letters and statements. If all letters were stacked up, the pile would reach the equivalent of 6,200 times the... more
Sberbank Unseats VTB Capital Atop Institutional Investor's All-Russia Research Team
- 11 years 3 months ago
- Banking
Last year VTB Capital knocked Sberbank CIB out of the top spot on the All-Russia Research Team, Institutional Investor's exclusive annual ranking of the nation's best sell-side analysts. This year Sberbank returns the favor.
Gulf Capital Receives Dual Recognition for “Best Credit Fund” and “Best Private Equity Firm” in the Middle East at the Banker Middle East Industry Awards
- 11 years 3 months ago
- Banking
Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, received dual recognition at the Banker Middle East Awards yesterday when its flagship GC Credit Opportunities Fund I was voted as the “Best SME Credit Fund” in MENA and when the firm received the “Best Private Equity Firm” accolade for the 5th year in a row.
Finesse and Fintellix to showcase Fintellix's Multi-country Banking Regulatory Compliance Product at ABTEC 2015, Abu Dhabi.
- 11 years 3 months ago
- Banking
ABTEC is the largest and most prestigious event that convenes the entire financial technology community from across the Middle East and North Africa (MENA) region. Featuring industry-leading conferences, a tightly focused trade exhibition and much more, ABTEC is a definitive platform where top decision-makers share insights with technology providers and collaborate to rethink financial services. Year after year, ABTEC attracts the financial... more
SWIFT Announces That The KYC Registry Is Open
- 11 years 3 months ago
- Banking
SWIFT announces that The KYC Registry is now available to fund distributors and custodians. In response to an identified need within its Community, SWIFT is extending the reach of The KYC Registry beyond correspondent banking to support Know Your Customer (KYC) compliance requirements for funds distribution and custody services.
RMB Announced #1 In Asia Pacific For Payments With Greater China
- 11 years 3 months ago
- Banking
SWIFT’s RMB Tracker shows that the value in weight of the RMB used for payments exchanged with China and Hong Kong within Asia Pacific increased by 327% between April 2012 and April 2015. During this three year period, the Chinese currency moved from position number five to the top currency used in Asia Pacific to do business with Greater China.
Thomson Reuters Named Best Multibank and Independent Platform in Euromoney FX Poll for 13th Year
- 11 years 3 months ago
- Banking
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that its dealer-to-customer trading venue, FXall, has again been named “Best multibank and independent platform” in this year’s Euromoney Foreign Exchange Survey for the 13th consecutive year. Euromoney’s annual quantitative and qualitative study of the FX markets is the result of a poll of more than 14,000 FX market... more
A Minority of the UK now rely on Banks for their International Money Transfers
- 11 years 3 months ago
- Banking
Only 40 per cent of UK consumers would still rather use their bank for international money transfer services than any other available platform, according to research from FXcompared Intelligence, the research division of FXcompared. This lack of a preference for bank-based transfers is seen across a range of currency transaction values.
Merck Sharp & Dohme Federal Credit Union Expressively Expands Relationship with Fiserv
- 11 years 3 months ago
- Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Merck Sharp & Dohme Federal Credit Union, based in Chalfont, Pennsylvania, has expanded its relationship with Fiserv through the addition of multiple solutions that will support and strengthen the credit union’s sales culture. The $536 million asset credit union will use the DNA(TM) account processing platform and 19... more
Banks are well equipped to win the customer loyalty race, says new Temenos report
- 11 years 3 months ago
- Banking
Temenos (SIX: TEMN), the market leading provider of mission-critical solutions to the financial services industry, today launches its latest white paper “Experience-Driven Banking – A Race Banks Must Win” at the Temenos Community Forum (TCF) 2015.
Visa certified FIS for EMV testing
- 11 years 3 months ago
- Banking
FIS (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, today announced that its FIS’ Clear2Pay Open Test Solutions group has been confirmed by Visa for Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV enabled contact and contactless payment devices in the United States.
FIS’ Role as Global Tech Partner Earns Multiple Asian Banker Awards
- 11 years 3 months ago
- Banking
FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, continues to garner recognition for the quality of its technology solutions and the strength of service it provides financial institutions.
Swift Business Forum London Delegates Say Regulation Remains A Top Strategic Priority
- 11 years 3 months ago
- Banking
SWIFT held its annual Business Forum London on 23 April 2015, where more than 1,100 industry leaders gathered to discuss the latest trends and innovations in financial services. The theme of this year’s forum was ‘Harnessing change in financial services’, and the programme explored how the industry can channel innovation to address challenges such as regulation, the technology revolution, new entrants and changing customer behaviour.
Euro Pacific Bank adopts T24 in the cloud
- 11 years 3 months ago
- Banking
Temenos (SIX: TEMN), the market leading provider of mission-critical solutions to the financial services industry, today announces that Euro Pacific Bank Ltd, has selected T24, Temenos’ core banking platform and anti-money laundering solutions, to be delivered via the Microsoft Azure cloud. With this move the bank gains access to a highly scalable and automated platform to support its rapid growth.
Fiserv Recognized as a Mobile Banking and Payments Leader by IDC MarketScape
- 11 years 3 months ago
- Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that it was named a leader in both the IDC MarketScape: North American Mobile Banking Software Solutions Vendor Assessment (March 2015) and the IDC MarketScape: North American Mobile Banking Payments Software Vendor Assessment (April 2015). Fiserv was recognized due to its broad range of implementations, focus on mobile payments and... more
