Latest Retail banking News: Finextra Research

ACI signs Abu Dhabi Commercial Bank to Base24-es platform

Abu Dhabi Commercial Bank is implementing ACI Worldwide's online transaction processing system, Base24-es, to manage both ATM and point of sale (pos) payments.

05 January 2005

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Sainsbury's Bank launches Internet only account

Sainsbury's Bank, the financial services arm of the UK supermarket chain, is launching its first Internet only banking account.

05 January 2005

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Fujitsu wins Lloyds TSB IT outsourcing deal

UK bank Lloyds TSB is outsourcing the remaining part of its distributed IT services to Fujitsu.

05 January 2005

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Chip and PIN programme hails successful transition despite retailer criticism

The UK's Chip and PIN programme says the nationwide transition to the new point-of-sale security technology has been a success, despite fierce condemnation of the effort by the Forum of Private Business (FPB).

04 January 2005

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Cyota secures $7.25 million financing

New York security software vendor Cyota has secured $7.25 million in a round of private financing led by Bessemer Venture Partners.

04 January 2005

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Metavante buys Prime Associates

Metavante, the highly acquisitive financial technology subsidiary of Marshall & Ilsley Corporation, is buying Prime Associates, a New Jersey-based provider of anti-money laundering software and services to financial firms, for an undisclosed sum.

04 January 2005

/retail

HSBC hit by technical glitch

HSBC is investigating a systems failure that brought much of its ATM and online banking network in the UK to a standstill yesterday, the height of the festive sales season.

04 January 2005

/retail

ActivCard acquires Aspace

US authentication firm ActivCard has acquired the outstanding 51% equity interest in UK multi-channel software outfit Aspace that it didn't already own.

04 January 2005

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