25 October 2014

Company announcements

 
Transaction banking

US Bank ships mobile app for corporate payments

23 October 2014  |  897 views  |  0

U.S. Bank Corporate Travel and Purchasing card clients can now retrieve account information on the go with the new U.S. Bank Access® Online Mobile app.

 
Wholesale banking

Orbium opens four new offices in Europe and Asia pacific

23 October 2014  |  700 views  |  0

Orbium, the business and IT consulting company focusing exclusively on the financial services industry, announces the opening of four new offices: Frankfurt, Paris, Hong Kong and Manila.

 
Payments

American Express launches SafeKey in South Africa

23 October 2014  |  949 views  |  0

American Express has announced the availability of its 3-D Secure authentication tool SafeKey in South Africa, intended to improve the security of online transactions.

 
Wholesale banking

Cyberattacks top of mind for financial institutions - DTCC risk survey

23 October 2014  |  936 views  |  0

In the wake of several recent high-profile cyber attacks on major sectors of the global economy, cyber security now ranks as the principal concern of the financial services industry, according to results of a new survey released today by The Depository Trust & Clearing Corporation (DTCC).

 
Wholesale banking

Spain, Brazil and Australia ranked as most expensive markets for clearing and setlement

23 October 2014  |  1183 views  |  0

A research report commissioned by a group of clearing participants including Pershing, Citi, Deutsche Bank, Credit Suisse, Morgan Stanley and Bank of America Merrill Lynch has found Australia to be one of the world’s most expensive developed markets to clear and settle equities.

 
Transaction banking

Tungsten allies with TrustWeaver for secure e-invoicing

23 October 2014  |  775 views  |  0

Tungsten Corporation plc (TUNG.L), the global electronic trading network, today announces that its electronic invoicing platform, Tungsten Network, is now working with TrustWeaver, a provider of digital signatures for electronic invoices and credit notes.

 
Trade execution

Tora readies for SH-HK Stock Connect

23 October 2014  |  727 views  |  0

TORA, the leading provider of advanced trading technology and financial services, today announced the release of an enhancement to its Order and Execution Management System to accommodate the Shanghai-Hong Kong Stock Connect for clients.

 
Payments

Earthport revenues more than double

23 October 2014  |  815 views  |  0

Earthport (AIM: EPO.L), the global payments service provider, is pleased to announce its final results for the year ended 30 June 2014.

 
Retail banking

Provenir appoints Paul Thomas as MD, international

23 October 2014  |  720 views  |  0

Provenir (UK) Ltd., the credit and loan origination specialist, is pleased to announce Paul Thomas as Managing Director for Provenir’s operations outside of North America.

 
Mobile & online

MCash selects Promon for application security

23 October 2014  |  776 views  |  0

Leading B2B security software provider Promon has announced that mCASH is using Promon Shield to protect its customers from security threats. Responding to the rising threat of malware attacks and identity theft in the wake of the growing mobile banking and payments trend, mCASH is using Promon’s patented Shield technology to protect their customers from security threats.

 
Retail banking

Temenos expands US operations

23 October 2014  |  1047 views  |  0

Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, today announces that it is further expanding its US operations, with investment into a country Model Bank and the creation of an onshore development center, and showing strong traction with newly-launched products.

 
Risk & regulation

MSCI develops methodology to backtest Basel Committee-mandated Expected Shortfall calculation

23 October 2014  |  978 views  |  0

a leading provider of investment decision support tools worldwide, announced today that it has developed a methodology to backtest Expected Shortfall, a risk measure that has been proposed by the Basel Committee on Banking Supervision as an alternative to Value at Risk (VaR).

 
Payments

MasterCard appoints Khan to lead Islamic payments business in South East Asia

23 October 2014  |  738 views  |  0

MasterCard today announced that it has appointed Safdar Khan to lead its growing Islamic payments business in Southeast Asia with immediate effect.

 
Post-trade & ops

Neonet partners with Commcise for commission management

23 October 2014  |  776 views  |  0

Neonet Securities, the independent agency broker and execution specialist, today announced that it has partnered with Commcise, the independent buy-side investment technology vendor, to broaden its service offering within commission management.

 
Retail banking

Sparkasse Bremen renews outsourcing contract with Wincor Nixdorf Portavis

23 October 2014  |  925 views  |  0

Wincor Nixdorf Portavis’s contract as IT outsourcing partner of Sparkasse Bremen is to be renewed for a further five years starting October 1, 2015.

 
Trade execution

TriOptima bids to resolve trade matching issues

23 October 2014  |  829 views  |  0

TriOptima, leading provider of OTC derivative post trade risk services, announces that its triResolve service for portfolio reconciliation offers a solution to the unmatched trade problem reporting institutions are facing in European trade repositories.

 
Cards

IConnect POS integrates app into Intuit App Center

22 October 2014  |  1311 views  |  0

Today, iConnect POS announces the integration of its mobile point-of-sale app for iPad into the Intuit App Center.

 
Wholesale banking

Crypto Next unveils platform for creating currency exchanges

22 October 2014  |  953 views  |  0

Crypto Next plc unveiled its first product at the Inside Bitcoins Conference in Tel Aviv on Sunday; a global currency platform aimed at white label customers.

 
Retail banking

BitFury invests in GoCoin

22 October 2014  |  846 views  |  0

BitFury Capital, the investment arm of leading Bitcoin infrastructure provider and Bitcoin transaction processing company BitFury Group, today announced a strategic investment into GoCoin.

 
Trade execution

TrueEX adopts CameronTec FIX monitoring and testing tools

22 October 2014  |  703 views  |  0

CameronTec Group, the global standard in financial messaging infrastructure and tools for the Capital Markets industry, today announced that trueEX, the leading derivatives execution and processing platform, will be offering its FIX-based monitoring and testing solution to its clients.

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