Sageworks To Launch E-tax Return Reader Solution for Banks and Credit Unions
- 9 years 5 months ago
- Infrastructure
Sageworks, a financial information company that provides credit risk management solutions to financial institutions, today announced it will debut a major time-saving enhancement as part of the Sageworks solutions available to banks and credit unions.
Emerging Markets Payments To Work Premier Bank in Somalia
- 9 years 5 months ago
- Payments
Emerging Markets Payments (EMP), the leading electronic payments processing company in Africa and the Middle East, is pleased to announce that it is now working with Premier Bank, its first customer in Somalia. Working together, EMP will deliver debit and prepaid issuing services, as well as ATM aquiring throughout the Premier Bank network.
Tradeweb Markets Has Been Awarded Two ECB Contracts
- 9 years 5 months ago
Tradeweb Markets, the leading global marketplace for electronic fixed income, derivatives and ETF trading, announced it has been awarded two contracts to supply its electronic trading platform (ETP) to the European Central Bank (ECB). The contracts cover the provision of an ETP for trading euro-denominated European government bonds, European credit, supranationals and covered bonds, along with U.S. treasuries, Japanese government bonds, U.S....
Wordline To Continue Arrangement of Comdirect Credit Card Processing For Seven Years
- 9 years 5 months ago
- Payments
Worldline, European market leader in payment and transactional services, will continue to manage comdirect’s credit card processing for a further seven years. By extending its partnership with Worldline, comdirect ensures its ever-expanding portfolio continues to meet the highest security and compliance standards, while also guaranteeing security over investments at a market cost-effective level for the bank.
AIM Software Announced of Appointment Ian Grow to Bolster Growth in North America
- 9 years 5 months ago
- People Moves
AIM Software, a global software provider of Enterprise Data Management (EDM) solutions for financial and securities institutions worldwide, today announced the appointment of Ian Grow as Director of Sales for the North American Market. Based in Washington, DC, Ian Grow will report to Vienna-based Chief Commercial Officer Josef Sommeregger. Grow will play a key role in supporting and expanding the AIM Software's customer portfolio in North...
Fiserv Extends Agreement with Charles Schwab for Scalable and Integrated Managed Account Technology
- 9 years 5 months ago
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Charles Schwab & Co., Inc. has signed a three-year extension for the Unified Wealth Platform from Fiserv. A Fiserv client for over 14 years, Schwab utilizes the Unified Wealth Platform from Fiserv for portfolio management, accounting, trading and model-portfolio capabilities for its managed accounts platform across its...
Clandestine Cloud Culture discovered in UK
- 9 years 5 months ago
- Cloud
Despite being one of the most highly regulated industries, UK Financial Services organisations could be taking risks by circumventing the IT team when it comes to public cloud deployments across the business, a new study from EMC, VCE and VMware today reveals.
Alliance between EXIN and Huawei to promote e-Competences Framework
- 9 years 5 months ago
- Infrastructure
EXIN and Huawei Technologies Co., Ltd are joining forces for the development of ICT professionals based on the e-Competence Framework (e-CF). This partnership, signed in Beijing, is a breakthrough for Huawei, a leading global ICT solutions provider, and EXIN, a leading international certification institute in the ICT domain, opening up a new route for the development of ICT competences.
Fintellix to Unveil Nextgen Regulatory Compliance Platform for Bank of Mauritius ADF Reporting at Upcoming CXO Briefing
- 9 years 5 months ago
- Compliance
Overwhelmingly rapid change has become the new normal in regulatory compliance worldwide, including Mauritius. Form, content, format and calculation are being constantly changed by regulators to drive a stable financial ecosystem. Post the 2008 global crisis, regulators worldwide have begun adopting global standards for automating information exchange with banks and also to ensure that the banking ecosystem speaks a common language. Meanwhile...
FinTech start-up Money Mover raises £1m to tap $5.6 trillion SME international money transfer market
- 9 years 5 months ago
- Payments
Money Mover, the online business currency exchange and international payments service dedicated to SMEs, today announced that it has raised £1m from a group of financiers, entrepreneurs and technologists, including Andy Homer and Sir Peter Michael. Money Mover aims to make international money transfer an asset rather than an inhibitor for SME growth by empowering businesses to make international money transfers quickly, at significantly reduced...
CFPB Orders Citibank to Pay $700 Million in Consumer Relief for Illegal Credit Card Practices
- 9 years 5 months ago
- Payments
The Consumer Financial Protection Bureau (CFPB) has ordered Citibank, N.A. and its subsidiaries to provide an estimated $700 million in relief to eligible consumers harmed by illegal practices related to credit card add-on products and services. Roughly 7 million consumer accounts were affected by Citibank’s deceptive marketing, billing, and administration of debt protection and credit monitoring add-on products. A Citibank subsidiary also...
Genworth Enters Into Exclusive Negotiations With AXA S.A. To Sell Lifestyle Protection Insurance Business
- 9 years 5 months ago
- M&A Deals
Genworth Financial, Inc. (NYSE: GNW) announces it has entered into exclusive negotiations with AXA S.A. after receiving an irrevocable offer to purchase its lifestyle protection insurance business. The company expects to accept the offer and execute an associated purchase agreement upon completion of the French works council1consultation process.
Nomura to Open Asset Management Company With Japan Post Bank
- 9 years 5 months ago
Nomura Holdings has signed an agreement with Japan Post Bank, Japan Post, and Sumitomo Mitsui Trust Bank, Limited to establish a new asset management company and develop asset management products. Nomura will take a 20 percent stake in the new company, while Japan Post Bank will take a 45 percent stake, Sumitomo Mitsui Trust Bank a 30 percent stake, and Japan Post a 5 percent stake.
Linear Investments To Acquire AQX Securities's Assets
- 9 years 5 months ago
- M&A Deals
Linear Investments, the UK based broker and hedge fund platform, has acquired the assets of AQX Securities's agency execution business from the Aquila Group. The acquisition will enhance Linear's existing execution-only services and broaden its reach across asset classes, from equities, ETFs, futures and options, to cash fixed income.
Symantec to Deliver Keynote at GlobalPlatform’s Annual TEE Conference
- 9 years 5 months ago
GlobalPlatform, the association which standardizes the management of applications on secure chip technology, has confirmed that Nicolas Popp, Vice President, Information Protection at Symantec, will deliver the keynote address at its third annual trusted execution environment (TEE) conference, which takes place in Santa Clara, California on Tuesday, October 13.
