Diebold debuts cardless ATM at CES
ATM maker Diebold has developed an ATM that lets customers withdraw cash without using a card – and saves the bank money in the process.
FinTech
Tough year ahead for NFC as retail payments diversify
NFC technology advocates face continued disappointment in 2013 as it is likely to be overshadowed by other developments in retail payments, according to a new report by financial research firm Celent.
SunGard boosts corporate actions automation capability through acquisition of XSP
Financial technology company SunGard has acquired XcitekSolutionsPlus, a company that provides corporate actions tools, in a move aimed at capitalising on the increasing automation of the sector.
Thomson Reuters debuts FATCA compliance kit
Thomson Reuters has launched a tool to help financial institutions comply with the US Foreign Account Tax Compliance Act, widely known as FATCA, which requires banks to identify their US customers for tax purposes.
Rogue trader terms identified as Switzerland’s oldest bank is forced to close
Ernst & Young has developed new software designed to catch employees engaged in corporate wrongdoing, as Swiss bank Wegelin and Co prepares to cease operations following the firm’s prosecution for helping US citizens evade taxes.
CIBC promotes NFC payments via BlackBerry
Canada’s CIBC bank has launched a novel promotion aimed at increasing uptake of NFC technology for mobile payments.
Celoxica debuts HFT futures trading tools
UK technology company Celoxica has launched a new futures trading platform, which it says will make automated trading strategies even faster and more efficient.
Unbundling tops banking reform recommendations
Global investment banks need to stop focusing on easy opportunities and start innovating, according to a new report by US business consultancy AlixPartners – even if that means unbundling services and embracing smaller financial institutions as allies.
New Year, New Job
New Year, New Job? With gloomy predictions and swingeing cuts at big firms, what do employment prospects look like in 2013? Also in this issue: Bloomberg’s Stanley Young on broadening its enterprise offerings. ART for art’s sake: Assess, Rationalise and Transform is the motto for risk management The Year Ahead: a round-up of views on what the year ahead […]
On board the enterprise
Like Apple under Steve Jobs, Bloomberg has a long-held reputation for being a ‘closed’ sort of company, reluctant to compromise its products or its ways of working.
BNY Mellon and Rule counter OTC derivatives conundrum
Asset managers should take five simple steps to counter the effect of rising collateral requirements for OTC derivatives, according to a joint study by BNY Mellon and Rule Financial.
Banks must do more to embrace social media says study
Financial institutions are still not using social media to its full potential and are missing out as a result, according to a new report by German IT firm GFT.
Jefferies adopts TwoFour Systems cash management tools
Global investment bank Jefferies has chosen a cash management solution from software firm TwoFour Systems for its UK and US-based Jefferies Bache Treasury business, to help it keep better track of its business processes.
Banking Technology Awards 2012 – The Winners
At a gala event in London this week, industry luminaries gathered for an evening of entertainment and excitement as the winners of the 2012 Banking Technology Awards and Readers’ Choice Awards were announced. Comedian Simon Evans (left) kept the audience on the edge of their seats with an acerbic and hilarious routine before being joined on stage […]
Video banking 2.0 targets retail bank productivity
Once considered too difficult and unreliable to be viable, video banking can now help banks increase engagement with the retail customer while cutting costs, according to Gene Pranger, chief executive and founder at uGenius, a provider of personal transaction technologies.
Mobile security: a moving target …
Mobile and NFC payment technologies have been on the rise in recent years. But with many merchants and retail outlets still reluctant to invest in the new technologies, and with the rise of fraud in existing solutions, industry participants are divided over how and whether the technology will ever gain widespread acceptance in developed markets.
Webinar | 20 June 2024 | Fintech rebound: Unveiling opportunities for 2024 and beyond
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Protected: Report: The state of AI in banking, featuring research from Forrester
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eBook: Adventures in consumer lending – the quest of the five lending jewels
Explore how you can turn challenges into opportunities across five major use cases in consumer lending.
