IBM to snap up Promontory Financial Group
Technology giant IBM has agreed to acquire Promontory Financial Group, a Washington-based risk management and regulatory compliance consulting firm, for…
Month: September 2016
Deutsche Bank launches digital factory in Frankfurt
Deutsche Bank has opened its digital factory in Frankfurt to discover and evaluate new ideas, and translate these ideas into…
Commerzbank to shed 9,600 jobs; suspend dividend
German lender Commerzbank has announced plans to axe 9,600 jobs, suspend dividend payments, and shrink securities trading in order to…
Citi to join clearXchange network to bring P2P payments to US customers
Citi is set to join Early Warnings clearXchange network in 2017, bringing real-time person-to-person (P2P) payments to the banks customers…
FCA proposes new accountability rules for senior managers
The UKs Financial Conduct Authority (FCA) has proposed a series of measures to strengthen the senior managers and certification regime…
First National Bank taps Fiserv’s mobile banking and payments platform
First National Bank of Pennsylvania, a subsidiary of FNB, has upgraded to the latest version of the Mobiliti Advantage mobile…
BankAxept taps Gemalto to facilitate mobile financial services for banks
BankAxept, the national payment scheme of Norway, has awarded a contract to digital security giant Gemalto to allow all local…
Yes Bank introduces banking proposition for start-ups
Indian private sector lender Yes Bank has unveiled a full-service banking proposition for tech or tech-enabled start-ups.