Search Results for: financial institutions
This Is For The ‘Nothing Is Happening’ Crowd…
September 30th, 2015
A lot of people out there expected something to happen in September that did not ultimately happen. There were all kinds of wild theories floating around, and many of them had no basis in reality whatsoever. But without a ...
Citi, HSBC Partner With R3CEV As Blockchain Project Adds 13 Banks
September 30th, 2015
Distributed ledger startup R3CEV has added 13 new banking partners, bringing the total number of banks involved in its activities to 22. In a release, R3 revealed Bank of America, BNY Mellon, Citi, Commerzbank, Deutsche Bank, HSBC, Mitsubishi UFJ ...
Caribbean Association of Banks endorses SWIFT’s KYC Registry
September 28th, 2015
SWIFT’s KYC Registry gains momentum amongst Caribbean banks. SWIFT today announces that the Caribbean Association of Banks (CAB), with regional membership of 45 financial institutions across 16 countries, endorses The Know Your Customer (KYC) Registry, a centralized repository that ...
Document Reveals How Deutsche Bank Fires Traders With a ‘Thank You’
September 28th, 2015
E-mails show discussions on firing traders amid Libor scandal Internal script disclosed in filing to German regulators Deutsche Bank AG traders should be wary of calls that start with a thank you. “Thank you for making yourself available ...
FactSet Acquires Portware, Execution Management System (EMS) Provider
September 23rd, 2015
FactSet Research Systems Inc. (NYSE:FDS) (NASDAQ:FDS), a leading provider of integrated financial information and analytical applications to the global investment community, announced that it has agreed to acquire all the issued and outstanding membership interests of Portware, LLC (www.portware.com) for cash consideration ...
Ultra-low Interest Rates: Dangerous or Just a Price?
September 22nd, 2015
Two recent reports start by observing that long-term interest rates have been at extraordinarily rock-bottom levels for several years now. But from that common starting point, the analysis of the reports heads in different directions. The Council of Economic ...
GlobalTrade Corporation integrates SWIFT’s Alliance Lite2 with its Multi-bank Trade Finance Platform
September 22nd, 2015
GlobalTrade Corporation becomes the first trade finance technology provider to use SWIFT’s Alliance Lite2 for Business Applications, offering corporates a single, cost-effective solution to automate trade flows. SWIFT announces that GlobalTrade Corporation (GTC), a leading provider of innovative multi-bank ...
ICAP invests further in Duco
September 21st, 2015
Series B funding to accelerate growth. Strategic investment made through Euclid Opportunities, ICAP’s early stage fintech funding business ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, has further invested in ...
InfoLink Services Limited Selects POSH from Fiserv to Upgrade its Payment Transactions Platform
September 18th, 2015
Fiserv selected as single technology partner for payment transaction processing by InfoLink Services Limited (ISL) ISL chose Fiserv to deliver cost effective, scalable, and PCI and EMV compliant capabilities with proven reliability and maximum uptime performance ISL will use Fiserv as its single technology partner for ...
Russian Firm Plans Local Version of Bitcoin Digital Currency
September 18th, 2015
A leading Russian payment services provider is developing the country’s first virtual currency — the bitruble. If the company, Qiwi, can overcome resistance from Russia’s financial authorities — which fear that cryptocurrencies could be used to launder money and ...
