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Search Results: News > 2016
1-15 of 772 results
SIA acquires UniCredit’s card processing activities in Italy, Germany and Austria
By IB Staff Writer
SIA has acquired the card processing activities of UniCredit Business Integrated Solutions (Ubis) in Italy, Germany and Austria for €500m.
Banking Services > Cards > News
BNP Paribas conducts first real-time blockchain payments
BNP Paribas announced it has processed several live payments for two of its longstanding corporate clients, Amcor, a packaging solutions provider and Panini Group, a collectables and trading cards company.
Banking Services > Payments > News
Deutsche Bank agrees to pay $7.2bn to settle mortgage probes in US
German banking giant Deutsche Bank has reached an agreement with the US Department of Justice (DoJ) to pay $7.2bn to settle several probes related to the firm’s sale of mortgage-backed securities.
Banking Services > Retail Banking > News
Bank of Italy, ABI partner to strengthen cybersecurity in Italian banking sector
The Bank of Italy, together with the Italian Banking Association and the ABI Lab Consortium, signed an agreement in Rome to strengthen cooperation on cybersecurity.
Banking Services > Payments > News
Citi Retail Services partners with Toro for credit card program in US
Citi Retail Services has announced a long-term agreement with The Toro Company for a revolving private label credit card program in the US.
Banking Services > Cards > News
Angel Oak Capital Advisors rolls out new rating system to asses US banks credit quality
Angel Oak Capital Advisors has announced the introduction of the Angel Oak BankSURF model, a new rating system used to assess the credit quality of US banks of all sizes
Banking Services > Retail Banking > News
Cardlay releases white label solutions for banks to create new revenue streams
Cardlay is announcing the release of its white label solution for banks and a $4 million funding round from private investors.
Banking Services > Retail Banking > News
Lloyds to acquire credit card firm MBNA for $2.3bn
Lloyds Banking Group has agreed to acquire a UK-based credit card firm MBNA from Bank of America’s subsidiary FIA Jersey Holdings for £1.9bn ($2.3bn).
Banking Services > Cards > News
UK watchdog finds competition concerns with $1.8bn Diebold/Wincor merger
The Competition and Markets Authority (CMA) has provisionally found that Diebold’s acquisition of Wincor may reduce competition in the supply of customer-operated cashpoints in the UK.
Banking Services > Retail Banking > News
Fortress to acquire UniCredit non-performing loan portfolio
Fortress Investment Group has announced an agreement to acquire a significant portion of a €17.7bn portfolio of non-performing Italian loans from UniCredit.
Banking Services > Retail Banking > News
Commonwealth Bank of Australia sells stake in Visa for $439m
The Commonwealth Bank of Australia (CBA Group) has disposed of its remaining shareholding in Visa for $439m, realising an after tax profit on sale of $278m.
Banking Services > Retail Banking > News
Citi partners with PayPal to enhance payments services
Citi announced a strategic agreement with PayPal, which will enable Citi cardmembers to use their Citi Cards with PayPal seamlessly – online, in-app and in store – in 2017.
Banking Services > Payments > News
Visa, Mastercard partner for digital wallet tokenisation
Global card networks Visa and Mastercard have partnered to speed up the adoption of tokens in their digital wallets- Visa Checkout and Masterpass.
Banking Services > Payments > News
FIS partners with PayPal to embed financial institutions in digital payments
FIS and PayPal have partnered to increase customer engagement and drive incremental digital spend with FIS’ banking partners.
Banking Services > Payments > News
ACI Worldwide chosen as service provider for instant credit transfer scheme in Europe
ACI Worldwide has been named by EBA Clearing as one of the ‘frontrunner service providers’ for the pan-European EBA SEPA Instant Credit Transfer Scheme, due to go live in November 2017.
Banking Services > Payments > News

BBR White Paper Recommendations

Revenue Leakage – Opportunity Calling! By Suntec
Revenue Leakage has been a universal phenomenon, gnawing up the profit margins of transaction-based industries, especially across their business support systems. Though the Banking industry people are particularly quick in acknowledging the glaring prevalence of revenue leakage, they are not able to pinpoint its source or quantity, or chart methodologies to ensure Revenue Assurance.... Banking Services > Commercial Banking > White Papers Customer Profitability Vs. Customer Satisfaction: Keep Guessing or Model your Pricing Strategies By Suntec
Most financial institutions do not have a clear understanding of what or who drives their profitability. They make assumptions or guesswork, and most of the time, try and fix their profitability metrics into the 80/20 rule or something similar — the majority of profits (80%) come from a minority (20%) of customers, products or business segments. Is profitability as simple as this? While there is no denying the 80/20 rule, how does an organization find this 20%? ... Banking Services > Commercial Banking > White Papers Banks - Reward Your Customers Incrementally, Based on Their Profitability By Suntec
Financial Institutions (FI) are on the verge of a strategic make-over. The market conditions imply an increased need to generate revenues and customer profitability, to ensure sustainability and future business success. In order to achieve these objectives, the FIs need to devise strategies that leverage customer relationships in a way that has never been done before. ... Banking Services > Commercial Banking > White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
1-15 of 772 results