26 November 2014

Company announcements

Retail banking

TruMark Financial selects nCino for commercial lending ops

19 November 2014  |  1031 views  |  0

nCino, the leader in secure, cloud-based operating solutions to the financial services industry, announced today that $1.5 billion TruMark Financial® Credit Union has selected its Bank Operating System to standardize and automate the workflow of its commercial lending processes as well as provide transparency into loan operations and production.

Wholesale banking

Redi adds Evercore ISI to multi-broker network

19 November 2014  |  853 views  |  0

REDI Holdings LLC (“REDI”), the independent, industry-backed provider of the REDIPlus® trade management platform, today announced the addition of Evercore ISI Institutional Equities’ (Evercore ISI) electronic execution platform to the REDI multi-broker network.

Mobile & online

President's Choice Financial introduces mobile cheque deposits

19 November 2014  |  1109 views  |  0

President's Choice Financial® services today announced the addition of a mobile cheque deposit feature, adding to its array of convenient services aimed at making banking simple and better for busy Canadians. The free service allows customers to safely and securely deposit cheques on-the-go through their mobile devices.

Risk & regulation

Qatar's Ahli Bank deploys SunGard risk reporting tech

19 November 2014  |  1411 views  |  0

Ahli Bank Q.S.C, a leading Qatari bank specializing in retail and corporate banking, has deployed SunGard’s risk solutions to enhance its regulatory capital calculation.

Mobile & online

Italian online insurer Genialloyd adopts MyBank

19 November 2014  |  1078 views  |  0

Italian online insurer Genialloyd has activated the MyBank payment option on its website and is now offering this Europe-wide online payment method to its retail and corporate customers.


Fujitsu combines biometrics with Chip and PIN for multa-factor authentication device

19 November 2014  |  2824 views  |  0

Fujitsu today introduces the latest in a long line of human centric innovations based on the company’s ground-breaking biometric authentication technology that uses the unique pattern of veins in the human hand to verify identity.

Wholesale banking

Icap revenue and profits drop in "fragile" market

19 November 2014  |  1278 views  |  0

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today its results for the six months ended 30 September 2014.

Retail banking

Russia's Egar Technology to join Misys partner programme

19 November 2014  |  1175 views  |  0

Misys, the leading financial software company, has signed an agreement with EGAR Technology to become a member of the Misys InFusion Partner programme.

Wholesale banking

Caplin Systems appoints John Ashworth to succeed founder Paul Caplin as CEO

19 November 2014  |  1302 views  |  0

Caplin Systems, e-distribution specialist, is pleased to announce the appointment of John Ashworth as Chief Executive Officer, with immediate effect. He succeeds founder, Paul Caplin, who remains on the Board as Executive Chairman.

Transaction banking

BTMU fined $315 million over US dollar clearing controls

19 November 2014  |  1034 views  |  0

The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”) announced today that it has entered into a consent agreement with the New York State Department of Financial Services (“DFS”) to resolve issues relating to instructions given to PricewaterhouseCoopers LLP (“PwC”) and the disclosures made to the DFS in connection with BTMU’s 2007 and 2008 voluntary investigation of BTMU’s U.S. dollar clearing activity toward countries under U.S. economic sanctions.


State Bank of India moves to instant debit card issuance with Entrust

19 November 2014  |  1311 views  |  0

Entrust Datacard today announced that it has launched the first integrated instant issuance kiosk solution in South Asia with State Bank of India (SBI).

Retail banking

Financial Solutions Lab innovation challenge to focus on household cash flow

19 November 2014  |  945 views  |  0

The Financial Solutions Lab at the Center for Financial Services Innovation (CFSI) today announced that household liquidity, the management and alignment of income and expenses, will be the focus of its first innovation challenge.


Western Union integrates with India's IMPS for faster payments

19 November 2014  |  1067 views  |  0

The Western Union Company (NYSE: WU), a leader in global payment services, has advanced its international direct-to-bank transfers to select banks in India, paving the way for customers to send money in minutes* to major Indian banks.


First Data adds James Nevels to board

18 November 2014  |  1878 views  |  0

First Data Chairman and CEO Frank Bisignano today announced that James E. Nevels has joined the First Data Board of Directors.

Start ups

Coinbase rolls out tip button

18 November 2014  |  1371 views  |  0

Today, we are excited to release a new bitcoin tip button for accepting micropayments anywhere on the web. The tip button can be easily added to any web page and enables website visitors to tip using a Coinbase account or other bitcoin wallet.

Retail banking

Checkprint reports Nigerian cheque scanner deal

18 November 2014  |  1171 views  |  0

Checkprint, part of the Tall Group of Companies, the UK leader in the provision of secure paper and payment solutions, has announced further success in Sub-Saharan African markets with the five-figure sale of 100 specialist cheque scanners to Nigeria.

Retail banking

EC approves Tradeshift data format for government purchasing

18 November 2014  |  1695 views  |  0

The data format on which the Tradeshift platform is based has been approved for public procurement by the European Commission.

Wholesale banking

Ebury appoints Toby Young as CTO

18 November 2014  |  1267 views  |  0

Ebury, the fast-growing fintech company that enables organisations to trade and transact internationally, is pleased to announce the appointment of Toby Young as Chief Technology Officer.

Retail banking

Square prepares for Christmas with gift cards for local businesses

18 November 2014  |  876 views  |  0

If you've ever wanted to offer gift cards at your business, you've probably hit some roadblocks. For one, there's the price - third-party providers charge up to $3.50 per card.

Retail banking

UC Group sets up online merchant acquiring unit

18 November 2014  |  1422 views  |  0

Payments management experts UC Group has launched a unique acquiring financial institution, Secure Trading Financial Services (STFS).

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