£2.3bn wasted by UK companies on non-EU international payments in 2014
- 8 years 11 months ago
- Payments
UK companies wasted more than £2.3bn on non-EU international payments in 2014, according to a report from FXcompared Intelligence, the independent research division of FXcompared. A lack of awareness of better bank rates or non-bank foreign exchange and international money transfer services is revealed to unnecessarily add billions of pounds to the cost of exporting and importing, with SMEs suffering disproportionally.
HID Global Ushers in New Era with Solutions for Citizen IDs on Mobile Phones and Other Innovations at Secure Document World 2015
- 8 years 11 months ago
HID Global®, a worldwide leader in secure identity solutions, will be showcasing its broad offering of citizen ID solutions at Secure Document World 2015.
Thomson Reuters Expands Coverage of Canada’s Fixed Income Market
- 8 years 11 months ago
Thomson Reuters, the world’s leading source of information for businesses and professionals, now offers increased depth of coverage in Canada’s fixed income markets from the electronic bond trading marketplace CBID, operated by Perimeter Markets Inc.
NeoXam Acquires SmartCo
- 8 years 11 months ago
- M&A Deals
NeoXam, a leading provider of investment management software and services, has acquired SmartCo, an innovative enterprise data management software company, advancing NeoXam’s strategy to deliver cost effective, highly configurable solutions to the global asset management community.
KBC Will Introduce Online Direct Debit Mandates
- 8 years 11 months ago
- Wholesale Banking
From June 6, the business customers of KBC will be able to handle their European B2B direct debit mandates fully electronically.
ITG Launches New Hedge Fund Solution in Asia Pacific and Hires Industry Specialists
- 8 years 11 months ago
ITG, a leading execution broker and research provider, today announced the launch of its comprehensive hedge fund platform for Asia Pacific. The solution includes integrated execution, order and position management tools designed to improve operational efficiency and costs for hedge funds.
Custom House Fund Services Announces Enhancements to Its Gateway Portal for US Market
- 8 years 11 months ago
Custom House Fund Services, a leading provider of financial services to the alternative investment sector, has announced that it will release significant enhancements to its Gateway technology platform over the next several months. Gateway is their web based portal that connects fund servicing with solutions across the middle and back office, designed specifically for US alternative investment managers.
Eeach Year UK Banking Customers Receive Nearly 40,000 Tons Of Paper From Banks
- 8 years 11 months ago
- Banking
UK banking customers receive almost 40,000 (39,899) tons of paper communications from their banks every year, new research has found. Digital financial services software provider Intelligent Environments has found that customers are sent more than 1.2 billion (1,276,776,000) paper communications from their bank each year, including letters and statements. If all letters were stacked up, the pile would reach the equivalent of 6,200 times the...
MasterCard Announced Its Partnership With Premier Bank
- 8 years 11 months ago
- Payments
At the World Economic Forum on Africa today, MasterCard announced its partnership with Premier Bank, becoming the first international payments network to enter Somalia. As a result of the partnership, Premier Bank will now issue and accept the first MasterCard-branded payment cards in Somalia, a country which hasn't had any form of formal banking service since the collapse of the government and financial services system in 1991.
Fintellix to Demonstrate Advanced ALLL Management Product at the 2015 ABA CFO Exchange, Nashville, TN
- 8 years 11 months ago
- Banking
Fintellix will be sponsoring this year’s annual American Bankers Association CFO Exchange. Scheduled to be held from June 8 – 10 at the Hilton Downtown in Nashville, Tennessee the conference will educate community bank CFOs about accounting rules, economic trends, financial metrics, portfolio management, and more.
Nomis 4.6 Increases Active Market Signal Response
- 8 years 11 months ago
- Retail Banking
Nomis Solutions today announces the release of Nomis 4.6, the latest version of their feature-rich price optimization suite, which enables banks to utilize actionable insight to react more quickly in today’s dynamic financial services market.
US Bank Streamlines Corporate Mobile App
- 8 years 11 months ago
- Mobile Banking
U.S. Bank Access® Online Mobile, a dynamic productivity tool that gives users anytime access to information about their commercial cards, has been expanded to include more features of Access Online Payment Plus, the bank’s electronic payment management system.
Edgewater Fullscope Named a Finalist for the 2015 Microsoft Dynamics Industry Partner of the Year
- 8 years 11 months ago
- CRM
Edgewater Fullscope, Inc., a wholly-owned subsidiary of Edgewater Technology, Inc. (Nasdaq:EDGW), has been named a finalist for the 2015 Microsoft Dynamics Industry Partner of the Year Award. The Company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. The award ceremony will take place during the Microsoft Worldwide...
Deutsche Bank to open three innovation labs
- 8 years 11 months ago
- Infrastructure
Deutsche Bank today announced plans to open three innovation labs in Berlin, London and Silicon Valley, working with three technology partners: Microsoft in Berlin, HCL in London and IBM in Silicon Valley. The labs, which will be known as Deutsche Bank Labs, will help the organisation apply new technologies from three global centres of innovation to enhance its products, services and processes. They will also further strengthen the Bank’s...
SunGard’s New Outsourcing and BI Solutions to help US Health Insurers Reduce the Overall Cost of Care
- 8 years 11 months ago
- Trade Finance
In response to the need for health insurance plans in the US to drive down the overall cost of care while improving quality and transparency, SunGard has launched new capabilities for health plans, including outsourcing options for end-to-end claims processing support and business intelligence (BI) dashboards for improved workflow.
