21 August 2017
Find out more

Bangkok Bank implements Gifts wire transfer and AML software

30 April 2003  |  3674 views  |  0 Bangkok Bank implements Gifts wire transfer and AML software

Bangkok Bank in New York has installed funds transfer and anti-money laundering compliance software from Gifts Software, displacing Logica's Bess system.

Gifts' Global Integrated Funds transfer & Telecommunication System will be used to automate both the payment and telecommunications processing of the bank, further streamlining and automating payment & OFAC processing.

Eadie Condron, VP and branch manager at the bank's New York office comments: "We project that the installation of the Gifts system will save the bank more than a million dollars over the next five years."

The Bank will also implement the GiftsWeb Transaction Inquiry Module - an e-banking platform designed to replace older cash management systems - and the GiftsWeb EDD Anti-Money Laundering solution.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

LogicaCMG joins Mantas Global Alliance Programme

LogicaCMG joins Mantas Global Alliance Programme

15 April 2003  |  3606 views  |  0 comments
JCB expands in Thailand with Bangkok Bank deal

JCB expands in Thailand with Bangkok Bank deal

15 April 2003  |  3575 views  |  0 comments | 1 tweets
LogicaCMG financial services revenues down; more jobs to be axed

LogicaCMG financial services revenues down; more jobs to be axed

05 March 2003  |  3111 views  |  0 comments

Related company news

 

Related company information

CGI Group UK

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.abe-eba.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
10298 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8621 views comments | 19 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
8406 views 0 | 3 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8294 views comments | 10 tweets | 7 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
7625 views comments | 15 tweets | 14 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job