Latest CheckFree News: Finextra Research

RMB Asset Management live with Accurate NXG for reconciliations

RMB Asset Management, a subsidiary of South African financial services group FirstRand, is using technology from Accurate Software to manage its cash and securities reconciliations.

31 January 2005

/retail

CheckFree bounces back into the black

US-based electronic payments firm CheckFree has posted a second quarter profit of $13 million - compared to a $1.9 million loss a year ago - after recording increased sales at its electronic commerce, investment services and software divisions.

21 January 2005

/retail

OneVu turns to Web simulation to promote EBPP service to banks and billers

OneVu, the electronic bill presentment and payment (EBPP) service set up by Voca and CheckFree last year, is using Web site simulation technology from VeriSIM in a bid to persuade more banks and billers to sign up to the scheme.

19 January 2005

/regulation

Accurate Software wins European Investment Bank contract

The European Investment Bank (EIB), the European Union's financing institution, is implementing Accurate Software's operational risk management software, Accurate NXG, to automate reconciliation processes at its headquarters in Luxembourg.

01 December 2004

/retail

ALG Software signs three for cost management kit

ALG Software has signed European securities depository Euroclear, US payments systems vendor Checkfree and Austria's Erste Bank to its activity-based management (ABM) software.

03 November 2004

/regulation

Barclays signs as first user of Cable & Wireless real-time nostro direct feed

Cable & Wireless has launched the Real Time Nostro (RTN) direct service, with Barclays as the first user. The direct feed option supplements the Web delivery of transaction information, which a growing number of banks have subscribed to this year.

14 October 2004

/regulation

Accurate NXG matches up at Silicon Valley Bank

Silicon Valley Bank (SVB), a US based commercial bank, is claiming 85% automation of its domestic and foreign currency bank account transaction and balance activities following implementation of Accurate's operational risk management solution, NXG.

13 October 2004

/Sibos

European Fund Administration goes live with Accurate Software

European Fund Administration (EFA), Europe's largest independent third-party fund administration service provider, is using the Accurate NXG solution to provide a single operational control framework for the straight-through processing of cash and securities transactions related to funds under management.

12 October 2004

/regulation

Jefferies & Company selects Accurate for cash and securities reconciliation

Jefferies & Company, the New York-based investment bank and institutional securities firm, has selected Accurate Software's Operational Risk Management system to improve the automation of its reconciliation and exception management processes across its international offices.

11 October 2004

/regulation

National Bank Financial licenses Accurate operational risk software

Canada's National Bank Financial (NBF) is deploying Accurate Software's operational risk management package, NXG, to extend the automation of its back office operations.

03 August 2004

/retail

Bacs and CheckFree sign HSBC and Lloyds TSB to UK bill payment venture

HSBC and Lloyds TSB have signed up to develop and participate in the electronic bill presentment and payment (EBPP) service set up by UK clearing house Bacs and CheckFree.

30 July 2004

/retail

Customers prefer paying multiple e-bills on one site - CheckFree

US online customers that are able to pay multiple bills from a single Web site are the most satisfied with their Internet banking services, according to a survey conducted by The Marketing Workshop and Harris Interactive on behalf of CheckFree.

19 May 2004

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