06 March 2015

All wholesale banking news

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Swift Nordics Conference - Live Blog Day 2

05 March 2015  | 0 comments | 3 tweets

The main theme for the Swift Regional Conference in Copenhagen this year is disruption. The programme will explore the different challenges arising from newcomers, technology and regulation. It will look at how the financial industry can cope and turn these challenges into opportunities.

At least 67% of bank IT budgets are still being spent on maintenance and compliance rather than transformative projects that can create value, according to research conducted by Finextra on behalf of CSC.

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Bank of America sued over $1.03 million cyber-breach

04 March 2015  | 0 comments | 8 tweets | 11 linkedin

A Washington hospital has filed a lawsuit against Bank of America to recover some of its losses from a $1 million cyber-breach in 2013.

chess

Temenos moves into fund admin with Multifonds acquisition

04 March 2015  | 0 comments | 2 tweets | 8 linkedin

Core banking vendor Temenos is to move into the fast-growing funds admin business with a EUR235 million acquisition of Luxembourg-based Multifonds

Swift logo

Swift Nordics Conference - Live Blog Day 1

04 March 2015  | 0 comments | 3 tweets | 1 linkedin

The main theme for the Swift Regional Conference in Copenhagen this year is disruption. The programme will explore the different challenges arising from newcomers, technology and regulation. It will look at how the financial industry can cope and turn these challenges into opportunities.

Australian banks and tech companies are providing $2 million in funding to get the country's first physical fintech hub off the ground in Sydney.

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