28 August 2015

All News

BNY Mellon and its fund manager clients are scrambling to assess the damage caused after a third party system run by SunGard and used by the bank to value assets worth billions of dollars broke down.

Rich people use the internet, too. HSBC is blaming the rise in online banking for its decision to shut down a branch in Poole that caters only to wealth customers.

Goldman Sachs is preparing to add hundreds of new employees to its technology and operations base in Warsaw, Poland.

A US district court judge has thrown out a lawsuit brought against Barclays and a number of US exchanges that accused the bank of rigging its dark pool in favour of high frequency traders (HFTs).

Retail banking

Wirecard bids for Worldpay - Bloomberg

26 August 2015  | 1 comments | 9 tweets | 7 linkedin

German payments giant Wirecard has made a £6 billion bid for British rival Worldpay, according to Bloomberg.

Mobile & online

Kenya's NIC Bank links to Twitter and WhatsApp

26 August 2015  | 0 comments | 26 tweets | 13 linkedin

Kenya's National Industrial Credit (NIC) Bank is set to enable customers to view their balances and make payments via WhatsApp, Facebook and Twitter.

Features and analysis

Latest posts

Christian Voigt
Christian Voigt

Lightening the load

26 August 2015  | 0 comments | 1 tweets
Steve Grob
Steve Grob

The Dragon chasing its own tail

26 August 2015  | 0 comments
Tolga Tavlas
Tolga Tavlas

DIGITAL BANKING Tips - Tip 28: Video Banking

25 August 2015  | 0 comments | 4 tweets | 1 linkedin
Robert Siciliano
Robert Siciliano

Zeus Malware Gang take-down

25 August 2015  | 0 comments | 1 tweets

More News


Oxfam and Visa use prepaid cards for disaster relief

26 August 2015  | 0 comments | 10 tweets | 10 linkedin

Oxfam has teamed up with Visa, Philippines-based UnionBank and payments firm i2c to channel funds to people in disaster-affected communities through prepaid cards.

Digitally enabled insurgents are placing bank-based lenders under increasing pressure and pose "a significant threat to every part of the commercial lending business" says a survey conducted by Misys.

Almost half of asset managers are still reliant on costly manual processes to manage complex derivatives creating a dangerous level of operational risk according to a report from buy-side systems vendor SimCorp.

Retail banking

US mobile cheque deposit takeup stutters

26 August 2015  | 0 comments | 8 tweets | 6 linkedin

Despite the prevalence of cheques in the US, the vast majority of people still do not deposit them using their mobile phones, research from the American Bankers Association shows.

Latest company announcements

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