26 September 2016
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Company announcements

Post-trade & ops

Asset managers prioritise back office automation and regulatory reporting

10 minutes ago  |  253 views  |  0 comments

Asset management professionals continue to prioritize back-office automation and managing increased regulatory reporting, according to the 2016 Asset Management Industry Trends Survey released today by Confluence, a global leader in investment data management automation for regulatory, financial and investor reporting.


Swift to launch new hosted Name Screening service

13 minutes ago  |  299 views  |  0 comments

SWIFT announces today that it will launch a new hosted cloud service, Name Screening, designed to allow online search engine-style lookup of individual names. Developed to address the needs of small to midsized banks, investment managers and corporates, the service will complement Sanctions Screening, SWIFT’s hosted transaction screening tool.

Retail banking

Soramitsu contributes code to Hyperledger

20 minutes ago  |  343 views  |  0 comments

Soramitsu Co., Ltd. (CEOs : Makoto Takemiya and Ryu Okada; hereafter, "Soramitsu") has announced today the open sourcing and proposal of a distributed ledger technology (blockchain) platform called "Iroha" to the Hyperledger Project, an open source Linux Foundation collaborative project for the enhancement of blockchain and distributed ledger technology.

Retail banking

CIBC launches reloadable pre-paid foreign currency cards

32 minutes ago  |  518 views  |  0 comments

CIBC (CM) (CM) today announced an innovation in prepaid foreign exchange with the new CIBC Smart Prepaid Travel Visa card available through CIBC, in the most popular denominations used by Canadians when they travel including US dollars, Euros, Pounds, and Mexican Pesos.


First National Bank app comes with debit card controls

37 minutes ago  |  548 views  |  0 comments

First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation (FNB), has introduced CardGuard, the latest upgrade to the FNB Direct mobile banking app.


Current account fraud doubles in past two years

41 minutes ago  |  549 views  |  0 comments

New figures from Experian show that current account frauds have more than doubled in the last two years.

Wholesale banking

Over half of financial institutions look to outsource tax services

43 minutes ago  |  561 views  |  0 comments

Research conducted by SIX Securities Services has revealed that as financial institutions become increasingly capital constrained, almost a third (32%) are looking to outsourcing as a way to reduce costs.

Retail banking

FTV Capital closes $850 million equity fund raise

44 minutes ago  |  546 views  |  0 comments

FTV Capital, a leading growth equity investment firm, today announced the final closing of the firm’s significantly oversubscribed fifth fund, FTV V, L.P. (“FTV V”) , with $850 million in limited partner commitments.

Retail banking

Samsung plans voice and face biometrics for mobile banking

2 hours ago  |  1158 views  |  0 comments

Sensory Inc., a Silicon Valley company focused on improving the user experience and security of consumer electronics through state-of-the-art embedded voice and vision technologies, and Samsung SDS, a global ICT service provider, today announced a global partnership that will provide customers with a more secure, more convenient way to use mobile banking and enterprise authentication services.


Bank payment revenues hit $1.1 trillion in 2015 - BCG

2 hours ago  |  1046 views  |  0 comments | 1 linkedin

Facing tough challenges both from small fintech startups and from global digital giants, incumbent transaction-banking leaders must improve customer journeys, maximize security, minimize complexity, and add value beyond pure payments if they hope to survive and thrive, according to a new report by The Boston Consulting Group (BCG).

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