30 September 2014

Company announcements

Retail banking

Merchants claim large savings from debit card reform; demand action on credit cards

2 minutes ago  |  31 views  |  0

As part of the Dodd-Frank Wall Street Reform Act, Congress reformed the debit-card swipe fees that banks charge merchants.

Wholesale banking

Argentina's Banco Macro launches SME loans entity on Mambu cloud platform

15 minutes ago  |  136 views  |  0

Banco Macro, Argentina’s largest domestically-owned private bank, and the sixth-largest by deposits and lending, is launching a new business loans entity for microenterprises and small businesses, with the help of cloud banking platform provider Mambu.

Wholesale banking

Regulation driving business transformation in financial institutions

26 minutes ago  |  187 views  |  0

Broadridge Financial Solutions, Inc. (NYSE:BR), the leading provider of investor communications, technology-driven solutions and data and analytics, today announced the findings of a global survey of more than 400 executives assessing recent operational changes among financial institutions.

Wholesale banking

Xignite releases new SDKs for fintech developers

38 minutes ago  |  279 views  |  0

Cloud-based financial market data provider Xignite today released new Software Development Kits (SDKs) for Java and .NET on GitHub for immediate use by clients, prospects and financial technology developers.

Retail banking

Elavon Fanfare loyalty system available on VeriFone terminals

49 minutes ago  |  295 views  |  0

VeriFone Systems, Inc. (PAY), and Elavon, a wholly owned subsidiary of U.S. Bancorp (USB) and leading global payments provider, announced today that Elavon’s new Fanfare loyalty solution for small to mid-sized customers is now available on VeriFone’s countertop payment terminals and PIN pads—the VX 520 and VX 820.

Retail banking

ACI Money Transfer System gets Swift certified

51 minutes ago  |  307 views  |  0

ACI Worldwide (ACIW), a leading global provider of electronic payment and banking solutions, today announced that its market-leading global payment processing solution, ACI Money Transfer System, has achieved the 2014 SWIFT Certified Application for Payments label.

Retail banking

Fiserv converts two more credit unions to DNA

55 minutes ago  |  257 views  |  0

Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, today announced that it successfully converted the thirteenth-largest credit union in the United States, $6 billion Randolph-Brooks Federal Credit Union (RBFCU) based in Live Oak, Texas, and $1.5 billion Navigant Credit Union based in Smithfield, R.I., to the DNA™ platform over Labor Day weekend.


Western Union deploys self-service money kiosks in UAE

58 minutes ago  |  277 views  |  0

The Western Union Company (WU), a world-leading money transfer company, announced today that it has gone live with automated self-service kiosks in the UAE that allow customers to pay bills and send money to friends and family anywhere in the world via easy-to-use touch screen terminals on a 24x7 basis.


MasterCard and Newgen partner for B2B payments venture

2 hours ago  |  680 views  |  0

MasterCard and Newgen Software, a leading global provider of Business Process Management, Enterprise Content Management, and Customer Communication Management solutions, today announced a partnership to launch a digital payment solution that will facilitate faster and more secure B2B payments.

Retail banking

Punjab National Bank inks five-year outsourcing deal with Aegis

3 hours ago  |  512 views  |  0

Aegis Limited, a global outsourcing and technology services company, announced today that it signed a 5-year contract with Punjab National Bank (PNB), one of the largest nationalized banks in India with over 6,000 branches and a legacy of over 120 years.

Wholesale banking

SGSS launches outsourced wealth management platform in UK

3 hours ago  |  415 views  |  0

Societe Generale Securities Services (SGSS) has launched a fully integrated Wealth and Investment Management outsourcing solution for the UK.


Agricultural Bank of China signs for NCR ATMs

3 hours ago  |  473 views  |  0

NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, today announced that for three years in a row it has out-competed other vendors in winning the largest share of the automated teller machine (ATMs) order from the central purchase of Agricultural Bank of China (ABC).

Transaction banking

Standard bank selects Fundtech for corporate payments

3 hours ago  |  454 views  |  0

Fundtech, a market leader in global transaction banking solutions, today announces that Standard Bank has selected Fundtech’s cash management solution, Global CASHplus, to provide real-time liquidity management, cash flow forecasting, and balance reporting services to its corporate customers.

Wholesale banking

Diamis’ Cristal selected by SGSS for managing liquidity in T2S

4 hours ago  |  523 views  |  0

SGSS has selected Diamis, a joint venture between Atos and Steria, for providing a T2S liquidity management solution in order to support Target2-Securities deployment across entities throughout Europe.


Ulster Bank joins Ibos network

4 hours ago  |  491 views  |  0

Ulster Bank has joined the IBOS international banking network as a full member, which enables us offer banking services in Ireland to clients of other IBOS member banks, and also allows us offer the services of these banks to our Irish client base who continue to expand globally.

Risk & regulation

OCC and US options exchanges agree new risk controls

4 hours ago  |  443 views  |  0

OCC and the U.S. options exchanges announced today the adoption of risk control standards that include price reasonability checks, drill-through protections, activity-based protections and kill-switch protections, pending regulatory approval.

Trade execution

TMX appoints Lou Eccleston as CEO

4 hours ago  |  426 views  |  0

TMX Group Limited today announced that it has selected Lou Eccleston to lead the organization as its Chief Executive Officer (CEO).

Trade execution

Nasdaq OMX to implement T+2 standard in Nordic and Baltic markets

4 hours ago  |  425 views  |  0

NASDAQ OMX is going to implement two-day standard settlement (T+2) to securities admitted to trading on the NASDAQ OMX Copenhagen, Helsinki, Iceland, Stockholm, Tallinn, Riga and Vilnius exchanges and the respective First North markets.

Post-trade & ops

Indata selects lanware as preferred technology partner for UK

5 hours ago  |  604 views  |  0

INDATA, a leading industry provider of software and services for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office delivered via iPM Epic - the industry’s first investment management platform specifically designed for the era of big data – today announced that it has selected Lanware Limited as the company’s preferred technology partner within the UK market.

Mobile & online

TransCentra ups security for remote cheque deposit

5 hours ago  |  556 views  |  0

TransCentra, a leading provider of billing and payment software and services, has enhanced its remote deposit capture (RDC) offering with additional security features and created a single platform solution for clients using both RDC and remote lockbox services.

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