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Current RefinementsContent TypeNewsDate2013Remove all refinements DateJanuary (176)February (160)March (161)April (174)May (185)June (160)July (184)August (176)September (164)October (184)November (167)December (136)SectorBanking ServicesBBR NewsIntermediariesPolicies & Regulatory ComplianceRisk ManagementTechnologyWealth & Assets ManagementAuthorBBR Staff Writer (1995)Barry Hancock (4)IBR Staff Writer (2)CTBR Staff Writer (1)Aalina Taylor (1)Bart Van den Bosch (1)LocationAsia-Pacific (303)Europe (589)Global (1)Middle East and Africa (96)North America (1011)South and Central America (39)
Search Results: News > 2013
1-15 of 2027 results
Italian bank Monte dei Paschi stands on verge of nationalization
By BBR Staff Writer
Italian troubled lender Banca Monte dei Paschi di Siena is on the brink of nationalization following its failure to raise approximately €3bn ($4.1bn) to pay back to the government loan it received earlier this year.
Banking Services > Retail Banking > News
UK may divest remaining 33% of Lloyds stake in 2014
By BBR Staff Writer
The British government is planning to divest its remaining 33% stake in Lloyds Banking Group over the next 12 months, as part of its strategy to complete the privatization of the bank and recoup the funds infused at the height of the financial crisis.
Banking Services > Retail Banking > News
Huntington plans to close nine branches after Camco acquisition
By BBR Staff Writer
Huntington Bancshares (HBAN), a US-based bank holding company, is considering to shut down approximately nine bank branches following acquisition of Camco Financial (CAFI) in Cambridge, Ohio, in a $97m cash and stock deal.
Banking Services > Retail Banking > News
GTBank acquires majority stake in Fina Bank
By BBR Staff Writer
Nigeria-based Guaranty Trust Bank (GTBank) has acquired 70% interest in Fina Bank, a Kenyan bank with units in Uganda and Rwanda.
Banking Services > Retail Banking > News
Card payments account for more than two-thirds of all noncash payments: Federal Reserve
By BBR Staff Writer
Card payments, including credit and debit, currently accounts for more than two-thirds of all noncash payments, while the number of checks paid continued to decline, according to The 2013 US Federal Reserve Payments Study.
Banking Services > Cards > News
EMV Migration Forum sees progress in important areas as US moves to EMV chip payments
By BBR Staff Writer
The U.S. migration to EMV chip payment technology is moving forward, and the cross-industry EMV Migration Forum and its Working Committees report significant progress in determining and addressing critical issues and implementation steps to ensure the migration is a success.
Banking Services > Payments > News
Allied Payment, ACI Worldwide partner to offer same-day bill payment
By BBR Staff Writer
Allied Payment Network, an online and mobile bill payment services provider, has joined hands with ACI Worldwide, to provide same-day bill payment capabilities through Allied's mobile photo bill pay technology, Picture Pay.
Banking Services > Payments > News
Shinhan, IBK place final bids for Woori's regional bank units
By BBR Staff Writer
Shinhan Financial Group, BS Financial Group, Industrial Bank of Korea and a consortium joined by private equity firm MBK Partners and some undisclosed financial firms have submitted their initial bids to acquire Woori Finance's two regional banking units.
Banking Services > Retail Banking > News
CaixaBank selects Oracle to deploy new big data infrastructure
By BBR Staff Writer
CaixaBank, Spain's largest domestic bank by market share, has selected Oracle for the deployment of its new Big Data infrastructure. This project, which includes an array of Oracle solutions, positions CaixaBank at the forefront of innovation in the banking industry.
News
Markit connects to Hong Kong Monetary Authority's trade repository COLLAPSE
By BBR Staff Writer
London and Hong Kong - Markit, a leading, global financial information services company, today announced that MarkitSERV, its global electronic trade processing service for over-the-counter derivatives, is reporting interest rates and FX derivative trades to the trade repository operated by the Hong Kong Monetary Authority.
Intermediaries > ECN & Exchanges > News
MoneyGram reaches 200 country network milestone
By BBR Staff Writer
Following a year of significant network growth and expansion, MoneyGram (MGI), a leading global money transfer and payment services company, has reached a company milestone and is now offering services in 200 countries and territories worldwide. The achievement follows new agreements with agents in Equatorial Guinea and Myanmar.
Banking Services > Payments > News
Westcore Small-Cap Growth Fund debuts
By BBR Staff Writer
Westcore Funds has launched Small-Cap Growth Fund on 20 December 2013 to help investors identify and invest in small companies with significant growth potential.
Wealth & Assets Management > Mutual Funds > News
Deutsche Bank agrees to pay $1.9bn to US FHFA
By BBR Staff Writer
Deutsche Bank has reached a $1.9bn settlement with the US Federal Housing Finance Agency (FHFA), to settle the allegations that it failed to provide adequate disclosure about certain residential mortgage-backed securities sold to Fannie Mae and Freddie Mac.
Banking Services > Retail Banking > News
Visa launches digital wallet V.me in Australia
By BBR Staff Writer
Global payments and technology company Visa has made its digital wallet service V.me available for all major online retailers across Australia.
Banking Services > Payments > News
Ocwen signs $2bn mortgage settlement with US CFPB
By BBR Staff Writer
Ocwen Financial (OCN), an Atlanta-based mortgage servicer, has reached a $2bn settlement with the US Consumer Financial Protection Bureau (CFPB) and 49 states to settle the charges pertaining to its loan-processing operations and mistreated homeowners facing foreclosure.
Banking Services > Retail Banking > 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 2027 results