26 November 2014

All transaction banking news

The Bank of England has appointed Deloitte to conduct an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last month.

Bitcoin could become a market-leading technology that will change the way financial systems are engineered says BNP Paribas, in an analysis of the potential disruptive impact of the crypto-currency on banking and asset servicing.

Markit and Genpact say that they have signed over 600 buy side firms and corporations for their KYC data sharing portal and named former Goldman Sachs man John May as chief executive of the utility.

Deutsche Bank has appointed JP Rangaswami as its first chief data officer, recruiting the former Dresdner Kleinwort Wasserstein CIO from Salesforce, where he has been 'chief scientist' since 2010.

Swift's MyStandards tool is to be made available via Deutsche Bank's Autobahn Apps Market.

Bank of America Merrill Lynch is tapping the technology behind its P2P payments service to launch a system that lets companies send money directly to customers' accounts using their mobile number or email address.

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