A new joint project between Spanish financial services project Next Bank Madrid and Swift’s Innotribe innovation wing aims to unleash the potential of Spanish, Portuguese and Latin American start-up companies in financial services.
The number of new financial services jobs available in London during May was 20% over the previous month and recruitment specialists say that the trend is upwards, but the number of new jobs in May was 59% down compared to the same period last year.
Just days before Apple’s annual Worldwide Developers Conference, which runs all this week in San Francisco, the U.S. Patent and Trademark Office (USPTO) has granted Apple another patent that could be a signal of what the tech giant is planning for mobile payments. The patent relates to a “method and system for managing credits […]
Green Dot Corp. will benefit from its exempt status from debit interchange caps by becoming the issuer of one of the largest GPR programs on the market—the Walmart MoneyCard. Green Dot Bank, which also serves as the issuer for Green Dot’s GPR cards, replaces GE Capital Retail Bank, which is bowing out of the relationship […]
New London derivatives market Nasdaq OMX NLX has partnered with technology specialist SuperDerivatives in a bid to ensure its pricing is as sound as possible, ahead of its looming battle to take business from its European derivatives rivals.
Malaysia’s AmBank has installed a risk management tool from Murex, which it says will help the bank to meet regulatory and reporting requirements as well as improve its internal oversight.
GFT Technologies has taken an 80% stake in Italian IT consultancy Sempla for an undisclosed cash sum. It has the option to acquire the remainder of the company after five years.
Nationwide Building Society has brought in a new tool from ATM maker NCR designed to protect its customers against card-skimming, a type of fraud in which criminals steal customer data from ATMs.
As new rules governing the central reporting of OTC derivatives take effect across the G20 nations, TriOptima, a subsidiary of broker ICAP, has said it will verify and reconcile OTC derivatives data from US post-trade utility the DTCC’s trade repository – making it the first provider to do so.
Nasdaq OMX plans to implement operational performance monitoring across its US trading platforms using software from Corvil. The CorvilNet performance monitoring system will provide the exchange group with the ability to simultaneously analyse activity at the network, application and trading layers. The information that is captured will allow it to alert for anomalies in real […]
During the opening keynote address at the Underbanked Financial Services Forum, which kicked off yesterday in Miami, CFSI President and CEO Jennifer Tescher suggested that conference attendees view themselves as being in the financial health business. Drawing heavily on analogies to the health care industry throughout her address, Tescher explained that the American psyche is […]
Dutch software company Bell ID has released a new tool that aims to simplify the provision of NFC mobile services, including mobile payment. The firm’s secure element in the cloud manages keys, certificates and NFC credentials in a remote environment rather than in the mobile device; the idea is to provide app issuers with the […]
The organization that stood out from the crowd in 2012 to make a positive, game-changing difference in the prepaid/emerging payments environment in a geographic region or globally. Best in Category: Rêv Worldwide Launched low-cost mobile card reader targeting 400 million SMEs in 12 countries, along with Brazil’s first GPR card and Mexico’s first mobile banking/prepaid […]
The retailer that has used prepaid most effectively to increase sales, promote its brand and/or extend convenience to customers. Best in Category: Walmart Prepaid Card Program Jason Marshall and Sabrina Chin, Walmart Aggressively promotes broadest assortment of innovative prepaid products at everyday low prices through extensive merchandising in the most valuable space in the […]
Asset management firm BlackRock and Euroclear Bank aim to unlock the potential of the European exchange-traded fund market by making settlement for ETFs cheaper and more efficient.
As Brazil gears up to host the World Cup next year and the Olympics in 2016, a clutch of government reforms hold high promise for the country’s financial infrastructure, according to Aldo Mendes, deputy governor, monetary policy at Brazil’s Central Bank.
Brokers need to cut back costs radically, reducing staff numbers and even casting aside parts of their equity business that were once considered core, according to new research by analyst firm Celent.
In business more than 60 years, Minneapolis firm demonstrates the wisdom of smart growth and leveraging core competency to become a leader in innovative card printing.
Innovation in financial services is currently at a seven-year low, reflecting a period of cost-cutting and scaling back in the face of new financial regulation – but innovative new technologies such as mobile may provide a solution, according to law firm RPC.
An Interview with John Walsh, CEO, SightSpan Serving on a corporate board is a great honor and a great responsibility, especially for those involved in financial services organizations. Gone are the days when directors were management’s rubberstamp. And particularly since the global financial crisis of 2008, significantly more is expected of non-management corporate directors. Today’s […]
Heartland School Solutions, a division of Princeton, N.J.-based payments processor Heartland Payment Systems, has unveiled a new mobile app that enables parents of school-aged children to manage their kids’ lunch expenses via smartphone or tablet.
As competition heats up in the mobile merchant acceptance arena, payleven hopes to improve its odds of gaining international market share with a deal to sell its chip-and-PIN readers in Apple Inc. stores across Europe plus a new strategic alliance it’s formed with Germany-based Wirecard AG.
Swift’s Innotribe innovation project has chosen the 15 US semi-finalists for its start-up challenge, which aims to bring together innovative ideas in financial services and turn them into functioning businesses.
The Royal Bank of Scotland has appointed former FSA supervisor Jon Pain as head of its conduct and regulatory affairs division, reporting directly to chief executive Stephen Hester.
ICE Clear Europe is to begin clearing for NYSE Liffe’s London derivatives market on 1 July, marking the end of NYSE’s migration from LCH Clearnet, and the beginning of ICE’s integration with NYSE Euronext, which it purchased in December for $8.2 billion.
June 3, 2013 Mobile banking is on the rise, with 33 percent of consumers now using banking apps on a mobile phone or tablet device, according to a report by electronic payments association SWACHA. The organization’s newly released 2013 Consumer Insights Survey shows just how quickly mobile banking has grown; in 2011, just 20 percent […]
Nasdaq Dubai is planning to open an Islamic finance exchange for trading Islamic sukuk bonds as well as conventional bonds.
