28 October 2016
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Company announcements


Mastercard third quarter net income jumps 21%

5 hours ago  |  1621 views  |  0 comments

Mastercard Incorporated (MA) today announced financial results for the third quarter of 2016. The company reported net income of $1.2 billion, an increase of 21% versus the year-ago period, or 15% excluding a special item related to the termination of the U.S. employee pension plan taken in last year’s third quarter.

Retail banking

IT spending in Indian financial services to hit $7.8 billion in 2017 - Gartner

6 hours ago  |  1712 views  |  0 comments

T spending by banking and securities firms in India will reach $7.8 billion dollars in 2017, an increase of 8.6 percent from 2016, according to Gartner, Inc.

Wholesale banking

Latvia's ABLV Bank selects Wolters Kluwer for regulatory reporting

6 hours ago  |  1798 views  |  0 comments

ABLV Bank, the Latvia-based private bank, has chosen Wolters Kluwer’s OneSumX to provide its regulatory reporting software for both its Latvian headquarters and its Luxembourg-based subsidiary, including European Banking Authority reporting obligations.

Start ups

First National Bank to stage CodeOne hackathon

8 hours ago  |  1956 views  |  0 comments | 1 tweets

First National Bank, a division of First National of Nebraska, the largest privately owned banking company in the United States, will once again host its highly regarded CodeOne Hackathon.


Contis Group appoints COO

27 October 2016  |  2890 views  |  0 comments

Sarah Colville joins Contis Group from Williams Lea Tag, the London-based global Marketing and Communications Supply Chain Services business.

Retail banking

NBC restructuring sees 600 jobs disappear and the creation of 500 knowledge-economy posts

27 October 2016  |  2788 views  |  0 comments

National Bank of Canada ("National Bank") today announced that it expects to take a charge in its fiscal 2016 fourth quarter earnings relating to certain restructuring initiatives and write-offs of intangible assets totalling approximately $175 million, or $128 million after tax ($0.38 per share).


Bitfinex offers hacked users equity

27 October 2016  |  3335 views  |  0 comments | 3 tweets

Bitfinex, one of the world's largest cryptocurrency exchanges, announced today that many of its largest BFX token holders have agreed to exchange over 20 million BFX tokens for equity in Bitfinex.

Mobile & online

Icici Bank launches Indian remittance service in Nordics

27 October 2016  |  2854 views  |  0 comments | 1 tweets

ICICI Bank UK PLC, a wholly owned subsidiary of ICICI Bank Ltd, announced the launch of its online money transfer service, ‘Money2India Europe’ in Sweden, Norway and Denmark.

Wholesale banking

DataArt opens development centre in Sofia

27 October 2016  |  2709 views  |  0 comments | 2 tweets

Continuing its global expansion, DataArt announced the opening of a new development centre in Sofia, Bulgaria, its first on the Balkan peninsula. It brings the total number of DataArt locations worldwide to seventeen.

Trade execution

RBC gets Canadian patent for Thor smart order router

27 October 2016  |  3271 views  |  0 comments | 2 tweets | 4 linkedin

Thor technology, a smart order router that significantly enhances investors' ability to access liquidity in the market and receive the best prices and execution, has been granted a patent in Canada by the Canadian Intellectual Property Office.

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