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Lord Blackwell appointed Lloyds Banking Group chairman - 03 Dec 2013
Former Downing Street advisor to UK prime ministers Margaret Thatcher and John Major, Lord Norman Blackwell, has been appointed as the new chairman of Lloyds Banking Group. He will succeed Sir Win Bischoff on 3 April 2014 when he retires from the position as the government-backed institution. Lord Blackwell currently holds the chairman...
ITS recognised as leading Islamic fintech firm - 03 Dec 2013
International Turnkey Solutions (ITS) has been recognised as an industry leader within the Islamic banking sector at the World Islamic Retail Banking Conference (WIRBC) in Dubai. The firm picked up the Best Islamic Finance Technology Award for the third consecutive year. ITS Global Financial Solutions (GFS) was honoured with the award...
Company: NASDAQ OMX
NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in the preference shares in Ferronordic Machines AB (FNMA PREF) commenced today on First North at NASDAQ OMX Stockholm. Ferronordic Machines belongs to the Consumer Goods sector and is the 16th company to be admitted to trading on First North in 2013. Ferronordic Machines' preference...
NCR Corporation, maker of automated teller machines (ATMs) and other consumer transaction technologies is expanding its financial services (FS) business by announcing its intention to buy Digital Insight Corporation, a specialist in online and mobile banking solutions, for $1.65bn. It has also completed the acquisition of Alaric Systems in the...
The Westpac Global App Challenge – UK, is offering developers and designers based in the United Kingdom (UK) the opportunity of a trip to New Zealand as part of a NZD$100,000 ‘Kiwis love Geeks’ crowdsourcing competition for mobile and web banking apps. Westpac is asking UK developers and designers to draw on their...
Markit, a leading, global financial information services company, today announced that BBVA Asset Management, a worldwide manager of mutual and pension funds, has chosen its Enterprise Data Management (EDM) platform. The platform will act as a central hub for BBVA’s securities, portfolio, fund, issuer and position data in several...
Mobile payments increased 19.5% on Cyber Monday - 03 Dec 2013
Cyber Monday saw millions of Americans turning to smartphones to access the bargains and deals provided by retailers International Business Machines (IBM) said that online sales during the day increased by 19 per cent overall when compared to 2012. However, retailers catering for mobile shoppers benefitted the most, seeing mobile traffic...
NatWest and RBS suffer Cyber Monday payment glitches - 03 Dec 2013
RBS and its NatWest subsidiary have suffered severe technical issues with their payment and banking systems with customers unable to access online or branch-based systems yesterday evening during one of the busiest pre-Christmas shopping days of the year. The problems left many customers unable to access their cash or use their bank cards...
New Forex education system delivers insight and knowledge to FX traders participating in the world’s largest financial market of $5.3 trillion turnover daily. DailyForex.com, the online Forex market information resource site, has launched FX Academy, a Forex education training portal built by traders for traders. Founded by the...
Wolters Kluwer Financial Services Awarded “Risk Management Software of the Year – Financial Risk” - 02 Dec 2013
Company: Wolters Kluwer Financial Services
Wolters Kluwer Financial Services announced today that it has been awarded the “Risk Management Software of the Year – Financial Risk” category at the Continuity Insurance & Risk (CIR) Risk Management Awards 2013. The CIR risk management awards, adjudicated by industry experts, recognize those that have significantly added...