02 August 2015

Company announcements

Retail banking

Reparo Finance signs for Mambu cloud platform

27 July 2015  |  1858 views  |  0 comments

Mambu, the SaaS banking platform provider, today announced that Reparo Finance, an independently-owned business finance company specializing in SME business lending, has selected Mambu to launch a new business line offering loans to small-to-midsize enterprises (SMEs) in the UK.

Risk & regulation

Goldman Sachs fined $1.8m for reporting failures

27 July 2015  |  1380 views  |  0 comments

The Financial Industry Regulatory Authority (Finra) announced today that it has fined Goldman Sachs Execution & Clearing, L.P. $1.8 million for systemic Order Audit Trail System (Oats) reporting violations spanning a period of more than eight years, failure to accurately submit required trade reports to the appropriate Finra Trade Reporting Facility (TRF), and related supervisory failures.

Retail banking

HSBC names Eddie Norton head, payments and cash management, Europe

27 July 2015  |  1674 views  |  0 comments

HSBC has appointed Eddie Norton as Head of Payments and Cash Management (PCM) for Europe.


InAuth hires former BofA man as chief strategy officer

27 July 2015  |  1777 views  |  0 comments | 1 tweets

InAuth, the leading provider of mobile fraud prevention and mobile application security, today announced that it has hired information security and financial services industry veteran Michael Lynch as its first Chief Strategy Officer.

Retail banking

Swisscom makes investment in Cognia

27 July 2015  |  1318 views  |  0 comments

Cognia, the leading global provider of cloud PCI payment solutions for telephone-based transactions, today announces its latest investment from Swisscom Ventures, the corporate venture arm of Switzerland's largest telecommunications provider.


Fiserv to offer Fujitsu biometric tech for account holder verification

27 July 2015  |  1831 views  |  0 comments

Fujitsu Frontech North America Inc., a global technology and front-end solutions provider, announced today that Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, has signed an agreement that will allow them to integrate Fujitsu’s PalmSecure biometric technology into the DNA account processing platform from Fiserv.

Trade execution

McGraw Hill to acquire SNL Financial

27 July 2015  |  1183 views  |  0 comments | 1 tweets

McGraw Hill Financial has announced that it has signed a definitive agreement to acquire SNL Financial for approximately $2.225 billion in cash.


Western Union re-activates remittances to Greece

27 July 2015  |  1171 views  |  0 comments

The Western Union Company, a leader in global payment services, today announced the activation of international remittances into Greece, allowing customers to receive cash payouts in minutes at select walk-in retail Agent locations from almost anywhere around the world.


Global Payments, CaixaBank and Erste Group Bank form payments JV

27 July 2015  |  1835 views  |  0 comments | 1 linkedin

Global Payments Inc. (GPN), a leading worldwide provider of payment technology services, CaixaBank, Spain’s largest bank by market share, and Erste Group Bank AG, a leading financial services provider in Central and Eastern Europe (CEE), announced today an agreement to form a joint venture to provide merchant acquiring and payment services in three core locations in Central and Eastern Europe: Czech Republic, Slovakia and Romania.

Retail banking

TCS announces global strategic partnership with FICO

27 July 2015  |  1262 views  |  0 comments

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, today announced a new global partnership with FICO, a leading analytics software company, to enable clients to purchase and implement FICO solutions through TCS.

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