25 May 2013

Latest News

Risk & regulation

Temasek acquires 10% stake in Markit

22 May 2013  |  1730 views  |  0

Temasek, Singapore's state-owned investment company, has acquired a 10% stake in financial data firm Markit for $500 million.

Mobile & online

ANZ and Royal Bank of Canada to engage with IBM's Watson

22 May 2013  |  2323 views  |  0

ANZ and Royal Bank of Canada are working with IBM to test the capabilities of Watson Engagement Advisor for crunching account data and providing clients with relevant, nuanced answers to online and mobile queries.

Cards

Live: EBAday 2013, day two

22 May 2013  |  2293 views  |  1

Payments professionals from across Europe are gathering in Berlin this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

Cards

Mobile POS sales to top $2 billion in 2013

22 May 2013  |  1899 views  |  0

The Mobile POS market will surpass $2 billion in hardware/software sales in North America in 2013, and 28% of North American retailers plan to adopt Mobile POS in some form by the end of 2013, according to research from IHL Group

Wholesale banking

Young exits Bloomberg after less than a year

21 May 2013  |  1787 views  |  0

Stanley Young has departed Bloomberg less than a year after jumping ship as CEO of Nyse Technologies to become chief executive of the market data vendor's enterprise products and solutions division.

Retail banking

Square launches e-mail cash transfers; Google shutters CheckOut

21 May 2013  |  2908 views  |  0

Square is to move into PayPal's core territory with the invitation-only launch of a P2P email cash transfer service, dubbed Square Cash.

Transaction banking

Live: EBAday 2013, day one

21 May 2013  |  3010 views  |  0

Payments professionals from across Europe are gathering in Berlin this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

Wholesale banking

Major German banks to switch domestic payments to EBA's Step2 ACH

21 May 2013  |  2379 views  |  1

A core group of seven German banks are to use EBA Clearing's pan-European Automated Clearing House Step2 for processing Sepa-compliant domestic payments in euros.

Retail banking

Vasco acquires Cronto

20 May 2013  |  1739 views  |  0

Software security house Vasco has acquired UK-based Cronto for a maximum EUR17 million in cash.

Risk & regulation

Buy side spending on execution and order management systems rising year-on-year

20 May 2013  |  2684 views  |  0

Institutional investors spend between $1.5 billion and $2 billion per year on order management and execution management systems for their trading desks - a growing amount due to increased demands for compliance tools and the need to keep pace with rapid changes in market structure.

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