Oracle has acquired AdminServer, a Pennsylvania-based provider of insurance policy administration software. Financial terms of the deal were not disclosed.

The UK's Nationwide Building Society is deploying NCR's multi-vendor ATM software, Aptra Advance NDC, across its national network of 2650 cash machines.

UK bank Lloyds TSB is transferring up to 250 permanent IT jobs and 200 contractor positions to offshore centres in India.

Nyse Euronext-owned Wombat Financial Software has signed Börse Berlin Equiduct Trading to its tick data management platform, One Tick.

The UK's Payments Council has delivered its first national payments plan which includes proposals for the "managed decline" of paper-based cheques and the development of a collaborative "bank account ...

Transatlantic exchange Nyse Euronext has migrated its electronic trading infrastructure to the Linux operating system under a deal with open source vendor Red Hat.

The UK's Office of Fair Trading (OFT) has called for feedback from "interested parties" on whether it should launch a competition investigation into clearing and settlement in the derivatives market.

Problems with a systems integration project at Japan's Bank of Tokyo-Mitsubishi UFJ (BTMU) left thousands of customers unable to use ATMs earlier this week.

Swiss investment bank UBS says its global equities business has launched an alternative trading system (ATS) for crossing orders in US stocks.

US market operator IntercontinentalExchange (ICE) has received regulatory approval to establish its own clearing operation in London.

Shares in British banking systems firm Misys continued to edge up today on the back of renewed speculation that a rival vendor is gearing up to make a bid for the business.

Less than a month after reporting the thefts of four laptops containing unencrypted customer data, Bank of Ireland (BoI) says it is investigating claims that another computer containing confidential ...

IBM has introduced a front office kiosk for branches that enables customers to interact with a virtual bank teller.

Citi has launched a service that enables its customers in Singapore to make purchases on US-based online shopping Web sites.

Hewlett Packard (HP) has confirmed that it is acquiring IT services firm Electronic Data Systems (EDS) in a deal worth around $13.9 billion.

Bank of New York Mellon has acquired Lamp Technologies, a Dallas-based provider of back office accounting and administration services to alternative investment firms. Financial terms of the deal have ...

It was a mixed bag for financial technology companies last week as earnings reporting season hit full swing. Missed expectations and downgraded forecasts dragged Cognizant, ACI Worldwide and Jack ...

Some credit firms are flouting advertising rules when using social networking site Facebook to target young people with cheap loans, says UK debt charity Credit Action.

Spending on technology by Japan's banking sector approached US$14.7 billion in 2007 and will grow at a five-year compound annual growth rate (CAGR) of 4.2% to reach US$18.2 billion by early 2012, ...

Research in Motion (RIM)- the Canadian maker of the Blackberry handheld device - is teaming with Thomson Reuters to set up a $150 million venture capital fund that will invest in applications and ...