ACI Worldwide Survey Finds Mobile Payments Popular among Indian Millennials
- 10 years 3 months ago
- Transaction Banking, Payments
Mobile and alternative payment continue to gain traction among Indian millennials, according to a new survey from ACI Worldwide , a global provider of real-time
Morningstar Report Shows that Investors Still Face Challenges in Using Mutual Funds
- 10 years 3 months ago
- Transaction Banking, Fund Management, Investment Management
Morningstar, Inc, a provider of independent investment research, published its annual study of investor returns, which measure how the average investor fared in a fund. Morningstar Investor Return is a dollar-weighted return that incorporates the effect of cash inflows and outflows from purchases and sales as well as the increase in a fund's assets.
BofA Merrill Lynch launches Instinct® Loans
- 10 years 4 months ago
- Trading Systems, Transaction Banking, Cash management
Bank of America Merrill Lynch today announced the launch of a new electronic platform, Instinct® Loans, for the secondary trading of syndicated corporate loans. The platform, which is part of the firm’s ongoing commitment to providing liquidity to clients, strives to simplify and enhance the market by combining innovative technology with market-leading sales and trading professionals.
Earthport and MoneyGram Collaborate to Launch New Service in Romania
- 10 years 4 months ago
- Transaction Banking, Payments
MoneyGram and Earthport announce the launch of a new service that allows MoneyGram customers around the globe to send money directly to any RON bank account in Romania.
Western Union Brings Digital Money Transfer to Cuba
- 10 years 4 months ago
- Transaction Banking, Payments, Infrastructure
The Western Union Company (NYSE: WU), a leader in global payments, today pioneered mobile and online money transfers to Cuba via the Western Union app and wu.com in the U.S., paving the way for a new generation of tech-savvy customers to move money into Cuba in minutes.* The move solidifies Western Union’s more than 15 years of serving Cuba and reflects its commitment to bring access to its global omni-channel strategy to the Cuban diaspora in ... more
Glory Global helps Metro Bank to Transform its Branch Operations
- 10 years 4 months ago
- Transaction Banking, Cash management, Banking
Metro Bank, the UK’s leading challenger bank, will begin deploying Vertera 6G Teller Cash Recyclers from Glory Global Solutions across its new stores opening in 2016-17, as well as replacing older technology in a number of their existing locations. Metro Bank is a new customer for Glory and the agreement reaffirms Glory’s position as the leading supplier of TCRs in the UK.
BMV Group Taps Catalys by Itiviti for their Transactional Needs
- 10 years 4 months ago
- Trading Systems, Derivatives and OTC Derivatives, Transaction Banking
Itiviti, a world-leading technology provider for the capital markets industry, today announced that Bolsa Mexicana de Valores (BMV Group), Mexico’s premier exchange for equities and derivatives, has chosen the next generation FIX Engine, Catalys by Itiviti, to support their transactional needs.
Thomson Reuters Unveils 2pm WM/Reuters FX Benchmark for Settle Cross-Border Transactions
- 10 years 4 months ago
- Transaction Banking, IT Innovations, Infrastructure
Thomson Reuters today launches the WM/Reuters 2pm CET benchmark, a new FX benchmark service designed for corporates looking to value, hedge and settle cross-border transactions. The Thomson Reuters 2pm CET benchmark offers a reliable, transaction-oriented alternative to the European Central Bank (ECB) 2:15pm CET reference rates.
FinTech Start-up ChangeJar Releases Mobile App for Everyday Cash Transactions
- 10 years 4 months ago
- Transaction Banking, Payments, FinTech StartUps
Canadian FinTech start-up ChangeJar, Inc., today launched ChangeJar Mobile, the first mobile app that lets users receive or pay with change from everyday transactions using their smartphones. Just launched at select Ottawa-area cafes and merchants, ChangeJar Mobile supports and improves – instead of replaces – cash transactions by making them simpler, faster and more convenient.
MasterCard Unveils New Fraud Prevention Tool
- 10 years 4 months ago
- Transaction Banking, Payments, Security
Further delivering on its commitment to fight fraud, MasterCard today launchedSimplify Controls, allowing small- and medium-sized businesses to control, prevent and monitor e-commerce transactions in real time. The solution, a complement to payments platform Simplify Commerce, helps businesses maximize online sales by letting legitimate orders through and keeping fraudulent transactions out.
Bankia Spain Selects NCR Technology to Enhance Customer Service and Account Access
- 10 years 4 months ago
- Transaction Banking, ATMs, Infrastructure
NCR Corporation, the global leader in consumer transaction technologies, announced today that Bankia Spain, the fourth largest bank in Spain, will upgrade its ATM network with more than 600 NCR SelfServ 34 and NCR SelfServ 32 cash deposit ATMs in the course of 2016. The decision was made following a thorough evaluation process, highlighted by NCR’s technical excellence and level of service. The upgrade project is part of Bankia’s long term... more
OpenFin Boosts London Team
- 10 years 4 months ago
- Trading Systems, Transaction Banking, Securities Services
OpenFin, the financial industry's leading provider of HTML5 runtime technology, expanded its global management team with two senior appointments in London. Cecilia Harvey joins OpenFin as Director of Account Management. Leigha Ruiz assumes the role of COO Europe. The new appointments will enable OpenFin to scale as it continues its rapid growth with deployments at 44 sell-side firms and over 250 buy-side firms.
The B2 Group Named Global Finance Product Innovator for Transaction Services in 2016
- 10 years 5 months ago
- Transaction Banking, Financial, Infrastructure
The B2 Group, provider of financial systems integration solutions, has won the title ‘Product Innovator’ for Transaction Services in the prestigious 2016 Global Finance awards in recognition of its advanced Multi-Bank Integrator™ automated banking platform for corporate cash and treasury management.
Calastone Strengthens its Presence in Australasia
- 10 years 5 months ago
- Trading Systems, Transaction Banking, Infrastructure
Calastone, the global fund transaction network, has expanded into New Zealand, bringing critical infrastructure to support smoother transaction flow across Australasia. Calastone Managing Director Australia, Sarah Hayward, said the firm’s extended cross border coverage enables transactions between Australian and New Zealand platforms, fund managers and respective counterparts. “Our expansion has been primarily driven by our Australian clients... more
Barri and TransferTo Team Up to Boost Mobile Money Transfers in El Salvador
- 10 years 5 months ago
- Transaction Banking, Payments, Mobile Banking
Barri Financial Group, a US-based money transfer service provider, has signed a strategic partnership with TransferTo, a leading B2B mobile payment network, to enable real-time Mobile Money transfers to Tigo Money accounts in El Salvador. For the first time, Barri customers in the US will be able to send Mobile Money to friends and family living in El Salvador within seconds.
