22 December 2014

Latest Retail banking announcements


Icici Bank launches banking by Facebook for non-resident Indian customers

9 minutes ago  |  188 views  |  0

ICICI Bank (NYSE:IBN), India’s largest private sector bank, announced the launch of ‘Pockets by ICICI Bank’, an innovative desktop application that enables its NRI customers across the globe to access their bank accounts on Facebook.


Evry signs four Norwegian banks to Nkr1.2 billion core banking contract

2 hours ago  |  793 views  |  0

EVRY has entered into a comprehensive agreement to provide payment services to Sparebanken Sør, Sparebanken Sogn og Fjordane, Helgeland Sparebank and Gjensidige Bank. The contract runs for a period of five years and represents total contract value of NOK 1.2 billion.


New York regulator further refine BitLicense rules

19 December 2014  |  1826 views  |  0

Benjamin M. Lawsky, Superintendent of Financial Services, is today delivering remarks on the new, revised, proposed New York State Department of Financial Services (DFS) BitLicense framework for regulating virtual currencies, as well as broader trends and issues in payments technology, at the Bipartisan Policy Center in Washington, DC.


Bank note counterfeiting in the cyber underground

19 December 2014  |  1624 views  |  0

U.S. Attorney David J. Hickton for the Western District of Pennsylvania and U.S. Secret Service Special Agent in Charge Eric P. Zahren of the Pittsburgh Field Office today announced the filing of a criminal complaint in Pittsburgh charging a U.S. citizen with leading an international counterfeit currency operation headquartered in the Republic of Uganda.


NSD Payment System gets clean bill of health from Russian Central Bank

19 December 2014  |  1250 views  |  0

The Bank of Russia has conducted an assessment of the Payment System of National Settlement Depository (NSD), Russia’s central securities depository, and has acknowledged a high level of the System’s compliance with the Principles for financial market infrastructures. Previously, the NSD Payment System was recognized as a systemically and nationally important.


Xerox to sell IT outsourcing business to Atos for $1.1 billion

19 December 2014  |  1586 views  |  0

Xerox (NYSE: XRX) today announced an agreement to sell its Information Technology Outsourcing (ITO) business to Atos for $1.05 billion prior to closing adjustments, with additional consideration of $50 million subject to the condition of certain assets at closing.


New German digital bank Consors implements PFM technology from Meniga

18 December 2014  |  2040 views  |  0

Newly launched German bank Consors Bank (CB), born from France-based BNP Paribas’ German personal investment and online trading broker Cortal Consors SA, has entered the growing German retail-banking sector.


Luxembourg's BIL to offer cardless ATM withdrawals

18 December 2014  |  1780 views  |  0

To increase security, convenience and customer satisfaction at the self-service channel, Banque Internationale a Luxembourg (BIL) has partnered with Diebold, Incorporated (DBD) to launch a cardless transaction solution that enables end-users to remotely program and withdraw cash via a smartphone from any of the more than 100 ATMs in BIL's network.


Baldwin Brothers selects SS&C wealth platform

18 December 2014  |  1004 views  |  0

SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of financial services software and software-enabled services, is pleased to announce that Baldwin Brothers Inc. has selected SS&C’s wealth management platform.


Vanare acquires NestEgg for robo-wealth management

18 December 2014  |  2432 views  |  0

Vanare, a next-generation wealth management technology platform for investment advisors, announced today the acquisition of NestEgg Wealth to launch the first ever offering that completely integrates online wealth management with traditional wealth management in one seamless solution.


RateSetter takes on GraduRates loan book

18 December 2014  |  1643 views  |  0

Just before 2014 draws to a close, RateSetter is delighted to announce that it has taken on the loan book of GraduRates, a fellow P2P lender which helps students finance their education, funding loans for postgraduate study.


Esma clarifies position on investment-based crowd funding

18 December 2014  |  1359 views  |  0

The European Securities and Markets Authority (ESMA) has published an Opinion along with an Advice on Investment-based crowdfunding.


Tunis International Bank goes live on ICS Banks

18 December 2014  |  963 views  |  0

Tunis International Bank (TIB), the first bank established in Tunisia under the non-resident banking regulations and a member of Burgan Banking Group, the regional banking arm of Kuwait Projects Co. (KIPCO), went live on ICS BANKS® from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.


Europe's first chargeback remediation specialist, Global Risk Technologies, launches

18 December 2014  |  992 views  |  0

International dynamic risk mitigation services firm Global Risk Technologies has launched in Europe to bring its unique end-to-end risk management solutions to European merchants, helping acquirers and issuers minimise chargebacks.


Tieto and SBAB sign new contract for cloud services

18 December 2014  |  991 views  |  0

Sweden's state-owned mortgage lender SBAB extends its IT-operation agreement with Tieto, investing in continued modernization and improved efficiency with new capacity and cloud solutions. The agreement is valid for five years.


Global Payments and Bank of the Philippine Islands form joint venture

18 December 2014  |  779 views  |  0

Global Payments Inc. (NYSE: GPN), one of the largest worldwide providers of payment solutions, and Bank of the Philippine Islands (BPI), a leading commercial bank in the Philippines, announced today an agreement to form a joint venture to provide merchant acquiring and payment services in the Philippines.


Alaric updates Fractals fraud detection tech

17 December 2014  |  1408 views  |  0

NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that Alaric, an NCR business, has released the latest version of its Fractals intelligent fraud detection solution.


OnDeck prices IPO at $20 a share

17 December 2014  |  1406 views  |  0

On Deck Capital, Inc. (ONDK), a leading online platform for small business lending, today announced that it has priced its initial public offering of 10,000,000 shares of its common stock at a price to the public of $20.00 per share.


TransJakarta Busway selects Wirecard for POS and electronic ticketing system

17 December 2014  |  1784 views  |  0

Wirecard, with its Indonesian subsidiary PT Prima Vista Solusi, will support TransJakarta Busway with an electronic ticketing system using innovative Point-of-Sale (POS) terminal solutions.


WorldRemit transfers up 55% since $40 million investment

17 December 2014  |  1107 views  |  0

Online money transfer service WorldRemit today shared details of its rapid growth since receiving a $40 million investment from Accel Partners, an early funder of Facebook, Spotify and Dropbox.

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