C3 Financial Helps New Banks to Achieve Cash Management Efficiency
- 9 years 10 months ago
- Transaction Banking, Cash management
$7.9 billion Renasant Bank based in Tupelo, Miss., $1.2 billion Machias Savings Bank based in Machias, Maine, and $5.1 billion Independent Bank, McKinney, Texas have selected its C3 Financial, a cash management and forecasting solution invented by CetoLogic, to simplify cash operations and accurately predict cash levels to service customers’ needs.
Hansa Orga and Deutsche Bank Unveil “HO Global Format Integrator" for SAP Users
- 9 years 10 months ago
- Transaction Banking, Infrastructure
Hanse Orga announced the introduction of “HO Global Format Integrator” a “plug & play” solution for companies wishing to configure and establish international transaction messages faster and more easily in their SAP system.
Pragma Unveils SmartFix to Enhance FX Trading Performance
- 9 years 10 months ago
- Trading Systems, Foreign Exchange
Pragma Securities, a leading provider of high performance algorithmic trading tools, has launched Pragma SmartFix, a new execution algorithm designed to improve average execution performance against the daily 4pm WM/Reuters foreign exchange benchmark fixing.
Wells Wells Fargo Bank Pays $1.2 Billion for Improper Mortgage Lending
- 9 years 10 months ago
- Transaction Banking, Risk Management
The Department of Justice announced that the United States has settled civil mortgage fraud claims against Wells Fargo Bank, N.A.
Baker Hill automates commercial lending operations of Bryn Mawr Trust
- 9 years 10 months ago
- Transaction Banking, Banking
Bryn Mawr Trust has selected its Advisor® for Relationship Lending origination solution from Baker Hill, a provider of SaaS solutions for common loan origination, relationship management and smart data analytics, to automate its commercial lending operations. The solution supports financial institutions’ strategic sales initiatives, helping them meet customer acquisition goals while optimizing credit approvals to accelerate underwriting.
eOriginal’s Digital Mortgage Platform integrated with Wolters Kluwer
- 9 years 11 months ago
- Transaction Banking, Data, Data Management, Accounting
Wolters Kluwer has teamed with eOriginal®, Inc., a provider of digital transaction management (DTM) solutions, to add eVaulting and eClosing capabilities to its Expere® dynamic document solution to deliver end-to-end eClosing functionality for its banking customers. The integration will allow Expere users to utilize eOriginal’s extensible, plug and play digital mortgage platform.
Euronext Appoints Maria João Borges Carioca Rodrigues as CEO of Euronext Lisbon
- 9 years 11 months ago
- Foreign Exchange, People Moves
Euronext announces that the Supervisory Board has approved unanimously the appointment of Maria João Borges Carioca Rodrigues as CEO of Euronext Lisbon, CEO of Interbolsa and member of the Managing Board of Euronext N.V., pending all relevant shareholder and regulatory approvals.
Fiserv DNA Selected by Three Credit Unions
- 9 years 11 months ago
- Trading Systems, Trade Finance, Payments
Fiserv announced that during a two-week period in the fourth quarter of 2015, three credit unions successfully implemented DNA®, a real-time, open architecture account processing platform, along with integrated surround solutions from Fiserv. The credit unions include: Neighbors Federal Credit Union ($724 million in assets), based in Baton Rouge, Louisiana; Texas Dow Employees Credit Union ($2.7 billion in assets), based in Lake Jackson, Texas;... more
IMM’s eSignature technology attracts new credit union
- 9 years 11 months ago
- Transaction Banking, Trade Finance, e-Invoicing
CUSA Federal Credit Union listened to its members’ requests for a way to view and sign documents remotely, without coming into a branch. In August 2014, the Covington, La.-based credit union implemented IMM’s eSignature technology, and has since increased loan volume by nearly three percent.
ADX Provides Cash Dividends to Union National
- 9 years 11 months ago
- Foreign Exchange, Banking
Abu Dhabi Securities Exchange (ADX) has distributed the first cash dividends on behalf of one of its listed companies through distributing the dividends of the shareholders of the Union National Bank on the Bank’s behalf. Thus, the Union National Bank became the first listed company in the United Arab Emirates to distribute the cash dividends through Abu Dhabi Securities Exchange.
Tavant helps Sierra Pacific Mortgage in Technology Transformation Roadmap
- 9 years 11 months ago
- Transaction Banking, BPM
Tavant Technologies has partnered with Sierra Pacific Mortgage (SPM) to help design and implement a technology transformation roadmap.
MUFG Union Bank Introduces New Online Platform for IPA Processing
- 9 years 11 months ago
- Security and Compliance, Transaction Banking
MUFG Union Bank (the Bank) has launched IPA Port, a new online platform that offers fully integrated issuing and paying agent services (IPA) for issuers of USD commercial paper and certificates of deposit. This easy to navigate platform delivers seamless processing for issuance, interest, and maturity payment activities using real-time data and transaction monitoring and reporting through a single online source.
Western Union will be Available in Cuba
- 9 years 11 months ago
- Transaction Banking, Payments, Retail Banking
The Western Union Company (WU), a leader in global payments services, announced today that it will launch remittance services from across the world into Cuba following U.S. regulatory and policy changes that allow Cubans and non-Cubans to send remittances via Western Union to this island nation.
Singapore Exchange to Welcome Anchor Resources to Catalist
- 9 years 11 months ago
- Trading Systems, Foreign Exchange
Singapore Exchange (SGX) today welcomed Anchor Resources Limited (Anchor Resources) to Catalist under the stock code “43E”. Headquartered in Malaysia, Anchor Resources is engaged in the business of exploration, mining and production of gold for sale in Malaysia. It holds concession rights to two key gold mining areas - Lubuk Mandi Mine and Bukit Panji Property in Terengganu, on the eastern gold belt of Peninsular Malaysia.
Straits Financial to be Listed on Nasdaq
- 9 years 11 months ago
- Trading Systems, Foreign Exchange
Nasdaq announced today that Straits Financial is now an approved Futures Commission Merchants (FCM) for trading on Nasdaq’s U.S.-based designated contract market (DCM), which offers futures and options on key energy benchmarks, including oil, natural gas and U.S. power.
