Chubb Boosts Cyber Risk Engineering Capabilities in the UK and Ireland
- 9 years 11 months ago
- Security, Risk Management
Chubb expanded its cyber risk engineering capabilities in the UK and Ireland, as it continues to invest in building its cyber enterprise risk management proposition in the region.
House Advantage and Sightline Payments Announce a Strategic Integration Partnership
- 9 years 11 months ago
- Transaction Banking, Payments
House Advantage, a leading provider of customer loyalty strategy and solution expertise, and Sightline Payments, a market leader in payment solutions, announced a strategic integration partnership. As an integrated solution, Sightline Payments Play+® platform and SPAN™ Network will allow an account holder to transfer funds electronically from their Play+ account, directly to or from the casino and across other customer touch points through House...
Wells Fargo's Global Fund Services Business Acquired by SS&C
- 9 years 11 months ago
- M&A Deals
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced the acquisition of Wells Fargo Global Fund Services ("GFS"), a leading provider of comprehensive administration, middle-office, operations and cash/collateral management services to alternative investment managers. Financial terms were not disclosed.
Citisoft Named as Top Consulting Employer
- 9 years 11 months ago
- Investment Management, Consultancy
Citisoft, a leading global investment management consulting firm, has been recognised by Consulting Magazine as one of 2016’s ‘Best Small Firms to Work For’. The list of top consulting firms was ranked based on survey responses from over 10,000 consultants, representing 300 firms.
SAP and NTT Extend their Global Partnership
- 9 years 11 months ago
- IT Innovations, Infrastructure
SAP SE and Nippon Telegraph and Telephone Corporation (NTT) (NYSE: NTT) announced a partnership enhancement in co-innovation, global partnership and global reference.
KPMG Partners with Microsoft on Blockchain Services
- 9 years 11 months ago
- Blockchain
KPMG in Canada announced the introduction of its Digital Ledger Services, a comprehensive suite of services designed to help financial services companies realize the potential of blockchain capabilities -- providing faster and more secure transactions, streamlining and automating back office operations, and reducing costs by utilizing blockchain-based technologies.
DCB Bank to Launch mVisa
- 9 years 11 months ago
- Payments, Infrastructure
DCB Bank, a new-generation private sector bank in India, has announced the launch of mVisa. The mobile based payment solution will make payments at retail outlets much easier: Customers of any mVisa issuing bank can make digital payments at mVisa enabled retail outlets simply by scanning a unique QR code on their smartphones. To implement mVisa, the DCB Bank has partnered with GI Technology, a Chennai-based digital payment company.
Varo and The Bancorp Bank Team Up to Support Mobile Checking and Savings Accounts
- 9 years 11 months ago
- Infrastructure
Varo Money, a mobile-only banking start-up that will help consumers gain greater control of their financial lives, and The Bancorp Bank have signed an agreement whereby The Bancorp Bank will provide private label banking services to support Varo mobile checking and savings account products. Varo has also signed agreements with Galileo Processing, Inc. to provide payment and transaction processing services; Socure, Inc. for digital identity...
TWINO Group Reaches Milestone of €300 Million in Issued Loans
- 9 years 11 months ago
- Alternative Finance
TWINO Group, one of Europe’s fastest growing consumer lenders, announced today that it has reached an important milestone of €300 million in issued loans. The company, which has been operating since 2009, provides unsecured consumer loans for private individuals in ten countries, including Poland, Russia and Georgia.
The European Parliament Voted Against the Regulatory Technical Standard
- 9 years 11 months ago
- Regulatory Standards
Draft legislation for the implementation of the PRIIPs Regulation was rejected by Members of the European Parliament today. The unusual move throws doubt on the implementation timetable but does not in itself reduce industry pressure to prepare for compliance by 31 December 2016 as the timeline of the regulation remains in force. While the vote has invited speculation that delaying PRIIPs would be a natural next step, any delay would result in...
No Clear Owner Of Chat & Collaboration Within Financial Services Despite Soaring User Adoption
- 9 years 11 months ago
- Security and Compliance
MindLink, the leading provider of secure Chat Enabled Collaboration (CEC) tools for global businesses, has announced the results of an independent study it commissioned regarding the use of chat & collaboration technology within the financial services sector. The qualitative evaluation found that Chat and Collaboration applications are used by virtually every firm yet a lack of clear ownership of these tools and associated compliance risks...
Object Trading First Vendor to Conform to ASX’s New Trading Platform
- 9 years 11 months ago
- Trading Systems
Object Trading, a provider of global, multi-asset trading infrastructure, announced today that it is the first vendor providing market access to the ASX to have conformed to the upgraded ASX 24 (futures) New Trading Platform (NTP) from Cinnober, due to go live in early 2017. ASX 24 market participants need to connect to the NTP in order to continue trading. Clients using Object Trading’s Direct Market Access (DMA) Platform can adapt to the NTP...
Synechron to Acquire Cityfront Group
- 9 years 11 months ago
- M&A Deals
Synechron Inc., a global consulting and technology services provider specializing in the financial services market, has today announced the acquisition of Cityfront Group, a systems integrator for capital markets platforms such as Murex, Calypso and Summit. The acquisition expands Synechron’s existing global systems integration business, which offers the market a unique combination of end-to-end services that includes business and technology...
CMA's Open Banking Revolution Urges Banks to Break Siloes & Unify Data
- 9 years 11 months ago
- Banking, Regulatory Standards
The Competition and Marketing Authority (CMA)’s “Open Banking Revolution” promises challenger banks a golden opportunity to steal business from their more established competitors, thanks to their supposedly more modern approach to technology and customer services. However, challenger banks are missing an open goal by making the same customer service mistakes as the old guard, GMC Software has warned. While challenger banks focus on customer...
Thomson Reuters Welcomes Kristin Peck to The Board of Directors
- 9 years 11 months ago
- People Moves
Thomson Reuters announced the appointment of Kristin Peck to the company’s Board of Directors effective immediately. “Kristin's strategic and innovative business model experience has focused on global markets and deep customer interactions,” said David Thomson, chairman of Thomson Reuters. “Her passion for talent and leadership development bodes well for our future. We surely welcome Kristin's perspective to our boardroom.”
