22 December 2014

Company announcements

Retail banking

Wallet One opens Georgian e-wallet

7 hours ago  |  866 views  |  0

Georgia has become first country in the South Caucasus, where Wallet One (W1) international payment system has launched its multi-currency e-wallet via franchising model.


MasterCard launches global hackathon series with $100,000 grand prize

7 hours ago  |  997 views  |  0

MasterCard today announced the MasterCard Masters of Code™ competition. The intense, 10-city hackathon series will traverse the globe – from Sydney to Silicon Valley – to find the master artisans of our day: developers.

Mobile & online

Icici Bank launches banking by Facebook for non-resident Indian customers

9 hours ago  |  1483 views  |  0

ICICI Bank (NYSE:IBN), India’s largest private sector bank, announced the launch of ‘Pockets by ICICI Bank’, an innovative desktop application that enables its NRI customers across the globe to access their bank accounts on Facebook.


Evry signs four Norwegian banks to Nkr1.2 billion core banking contract

11 hours ago  |  1102 views  |  0

EVRY has entered into a comprehensive agreement to provide payment services to Sparebanken Sør, Sparebanken Sogn og Fjordane, Helgeland Sparebank and Gjensidige Bank. The contract runs for a period of five years and represents total contract value of NOK 1.2 billion.

Mobile & online

Reuters launches UK edition of mobile app

19 December 2014  |  2045 views  |  0

Today Reuters, the world’s largest multimedia news provider, announced a new UK edition of its news app for iOS and Android devices.

Risk & regulation

Esma puiblishes MiFID II rules

19 December 2014  |  1966 views  |  1

The European Securities and Markets Authority (ESMA) has published today its final technical advice (TA) and launches a consultation on its draft regulatory technical and implementing standards (RTS/ ITS) regarding the implementation of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).

Virtual currency

New York regulator further refine BitLicense rules

19 December 2014  |  1909 views  |  0

Benjamin M. Lawsky, Superintendent of Financial Services, is today delivering remarks on the new, revised, proposed New York State Department of Financial Services (DFS) BitLicense framework for regulating virtual currencies, as well as broader trends and issues in payments technology, at the Bipartisan Policy Center in Washington, DC.

Trade execution

Canadian regulatory body publishes HFT impact studies

19 December 2014  |  1863 views  |  0

The Investment Industry Regulatory Organization of Canada (IIROC) yesterday published academic papers from three of the four academic teams chosen to assess the impact of high frequency trading (HFT) and related activity on Canadian equity markets, as part of the final phase of IIROC’s comprehensive HFT Study.


Bank note counterfeiting in the cyber underground

19 December 2014  |  1689 views  |  0

U.S. Attorney David J. Hickton for the Western District of Pennsylvania and U.S. Secret Service Special Agent in Charge Eric P. Zahren of the Pittsburgh Field Office today announced the filing of a criminal complaint in Pittsburgh charging a U.S. citizen with leading an international counterfeit currency operation headquartered in the Republic of Uganda.

Retail banking

NSD Payment System gets clean bill of health from Russian Central Bank

19 December 2014  |  1336 views  |  0

The Bank of Russia has conducted an assessment of the Payment System of National Settlement Depository (NSD), Russia’s central securities depository, and has acknowledged a high level of the System’s compliance with the Principles for financial market infrastructures. Previously, the NSD Payment System was recognized as a systemically and nationally important.

Retail banking

Xerox to sell IT outsourcing business to Atos for $1.1 billion

19 December 2014  |  1657 views  |  0

Xerox (NYSE: XRX) today announced an agreement to sell its Information Technology Outsourcing (ITO) business to Atos for $1.05 billion prior to closing adjustments, with additional consideration of $50 million subject to the condition of certain assets at closing.


Mozido acquires majority ownership in CorFire

18 December 2014  |  1880 views  |  0

Mozido, a cloud platform mobile payments and retail engagement solutions provider, today announced it has acquired the majority ownership in SK C&C USA dba CorFire, a U.S.-based mobile commerce company previously wholly-owned by South Korean IT services provider SK C&C.

Retail banking

New German digital bank Consors implements PFM technology from Meniga

18 December 2014  |  2140 views  |  0

Newly launched German bank Consors Bank (CB), born from France-based BNP Paribas’ German personal investment and online trading broker Cortal Consors SA, has entered the growing German retail-banking sector.


Luxembourg's BIL to offer cardless ATM withdrawals

18 December 2014  |  1855 views  |  0

To increase security, convenience and customer satisfaction at the self-service channel, Banque Internationale a Luxembourg (BIL) has partnered with Diebold, Incorporated (DBD) to launch a cardless transaction solution that enables end-users to remotely program and withdraw cash via a smartphone from any of the more than 100 ATMs in BIL's network.

Wholesale banking

IEX to use Kx software for data platform

18 December 2014  |  1376 views  |  0

Kx Systems, a leader in high-performance database and time-series analytics, today announced that IEX, a rapidly growing equity trading venue, has officially chosen kdb+ software for its data platform.

Wholesale banking

Baldwin Brothers selects SS&C wealth platform

18 December 2014  |  1032 views  |  0

SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of financial services software and software-enabled services, is pleased to announce that Baldwin Brothers Inc. has selected SS&C’s wealth management platform.

Wholesale banking

Vanare acquires NestEgg for robo-wealth management

18 December 2014  |  2514 views  |  0

Vanare, a next-generation wealth management technology platform for investment advisors, announced today the acquisition of NestEgg Wealth to launch the first ever offering that completely integrates online wealth management with traditional wealth management in one seamless solution.

Wholesale banking

RateSetter takes on GraduRates loan book

18 December 2014  |  1674 views  |  0

Just before 2014 draws to a close, RateSetter is delighted to announce that it has taken on the loan book of GraduRates, a fellow P2P lender which helps students finance their education, funding loans for postgraduate study.

Wholesale banking

Esma clarifies position on investment-based crowd funding

18 December 2014  |  1395 views  |  0

The European Securities and Markets Authority (ESMA) has published an Opinion along with an Advice on Investment-based crowdfunding.

Retail banking

Tunis International Bank goes live on ICS Banks

18 December 2014  |  992 views  |  0

Tunis International Bank (TIB), the first bank established in Tunisia under the non-resident banking regulations and a member of Burgan Banking Group, the regional banking arm of Kuwait Projects Co. (KIPCO), went live on ICS BANKS® from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.

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