Fiserv Clients Recognized by Retail Banker International for Strategy and Innovation
- 9 years 5 months ago
- Retail Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that four of its clients received recognition at the Retail Banker International Awards 2015 for initiatives executed in conjunction with FISERV. The successful banks and their winning categories include: Westpac Banking Corporation for IT Innovation of the Year, HSBC Mexico for Latin American Retail Bank of the Year and PNC Bank...
Deutsche Bourse To Buy SIX
- 9 years 5 months ago
- M&A Deals
Deutsche Boerse (DBAG) is in talks with Swiss Six Group to buy the remaining stakes in their joint ventures Stoxx and Indexium for 650 million Swiss francs ($692 million). The German exchange operator owns 50.1 percent of Stoxx AG and 49.9 percent of Indexium AG.
SIX Payment Services To Launch New Platform
- 9 years 5 months ago
- Payments, Infrastructure
When banks outsource their Issuing Processing, they rely on the expertise of their technology partner in payments as well as technical performance.
Barclaycard expands range of ‘bPay’ wearable payment devices
- 9 years 5 months ago
- FinTech StartUps, Payments
Barclaycard is to roll out a range of wearable payment devices that can be used to make ‘touch and go’ contactless payments across the UK, following a successful launch of its bPay band last year. Following the successful launch of its bPay band last year, Barclaycard unveils three new wearable payment devices – a wristband, fob and sticker.
Western Union To Suspend Its Money Transfer Operations In Greece
- 9 years 5 months ago
- Payments, e-Payments, Credit Cards, Retail Banking
Western Union is to suspend its money transfer operations in Greece as the crisis-wracked country reels from an overnight Government decision to shut all banks and the stock market for six business days and impose restrictions on cash machine withdrawals.
China Construction Bank and Euroclear sign MoU to foster offshore RMB growth
- 9 years 5 months ago
- Trade Finance, Banking
Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have today signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market. CCB Chairman Wang Hongzhang, Euroclear group Chairman Marc Antoine Autheman, and Euroclear Chief Technology and Services Officer Lieve Mostrey attended the signing ceremony, joined by the Prime Minister of the...
French Fintech Startups Bended Together
- 9 years 5 months ago
- Retail Banking
Thirty six fintech startups in France have banded together in a bid to foster a national ecosystem for innovation in financial services.
Reval Survey Shows Corporate Treasuries Pushing Centralization to its Limits
- 9 years 5 months ago
- Risk Management, Corporate, Treasury
Although 73 percent of respondents to a recent Reval survey of more than 200 finance professionals report that they have already centralized control in payments management, 70 percent indicate they will centralize further in 2015.
Lloyds Banking Group Recognised UK’s Digital Leader
- 9 years 6 months ago
- Banking
The 2015 Digital Leaders 100 list honours the highest digital achievements from across the UK’s public, private and non-profit sectors, celebrating individuals and organisations which are leveraging digital to transform the UK’s public services and its social and economic opportunities.
Wells Fargo To Launch a Fusion of Voice and Face Biometrics To Authenticate Mobile Users of Its Commercial Electronics Office
- 9 years 6 months ago
- Authentication Technology, Infrastructure
The new biometric identification feature is being rolled-out to CEO Mobile iPhone app users in 2016. The bank says that identifying a combination of customers’ faces, voices, and mobile devices will make it extremely difficult for bad actors to spoof the true user. “Biometric technology is emerging and accelerating change in financial services,” says Danny Peltz, executive vice president and head of treasury management at Wells Fargo. “We...
Large UK Investment House Chooses SimCorp Dimension
- 9 years 6 months ago
- Wealth Management, Infrastructure
SimCorp announces that it has signed a license agreement with one of the UK’s largest and longest established investment houses. The investment manager has selected SimCorp’s Investment Book of Record (IBOR) to provide position information across all asset classes, including cash, to be available as needed by the front office and other stakeholders. The IBOR functionality will be based on SimCorp’s investment management solution, SimCorp...
Thomson Reuters Announced a Distribution Agreement with FinWire
- 9 years 6 months ago
- Trade Finance
Through this agreement FinWire has widen its distribution by entering into a global redistribution agreement with Thomson Reuters. The agreement enables all FinWire news consisting of FinWire Small Cap and FinWire Social Media to become globally available in Thomson Reuters Eikon and Thomson Reuters Feed Solutions.
Over 1,000 Banks Across The World Use RMB For Payments With China And Hong Kong
- 9 years 6 months ago
- Payments
Recent SWIFT data shows that the growth in RMB payments is supported by an increasing number of banks. In May 2015, 1,081 financial institutions used the RMB for payments with China and Hong Kong, representing 35% of all institutions exchanging payments with the latter across all currencies. This is a 22% increase in the number of institutions using the RMB and a 6% increase in adoption, up from 29% two years ago.
Achmea Deploys BNY Mellon’s Eagle Data Management to Help Support Solvency II and IFRS Requirements
- 9 years 6 months ago
- Cloud, Data Management
Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, today announced that Achmea, the largest insurance provider in the Netherlands, is live using Eagle’s data management solution, deployed over its secure private cloud, Eagle ACCESS(SM).
Deloitte Partners with Recommind to Launch New Data Analysis Tool for OTC Contracts
- 9 years 6 months ago
Deloitte, the business advisory firm, today announced an alliance with Recommind, a leader in information intelligence, to deliver a managed service to investment banks, transforming the way Over-the-Counter International Swaps and Derivatives Association (ISDA) agreements are managed.