This week's vendors and consultants roundup include MasterCard's acquisition of Travelex's prepaid card business, Union Bank of India's launch of mobile banking services, NCR's winning bid for an ATM contract supply in China and KPMG's hiring by NAB to investigate the bank's recent IT outage.
December 10, 2010 | The Asian Banker Editor"When
established as a process, it lays out the road map, guides the execution of
strategy, reduces execution risk and maximises investment value."
Donna-Maree
Vinci, Westpac CIO, commenting on the benefits of implementing SOA systems in
banks.
Corporate Developments
MasterCard acquired Travelex’s pre-paid Card Programme Management business for about $458 million, expanding its presence in the pre-paid card sector.
Broadridge Financial Solutions, a provider of IT outsourcing services to financial institutions, bought Forefield, a provider of content for financial institutions, for $19.5 million. The acquisition allows Broadridge access to Forefield’s sales, education and client communication content.
Harland Financial Solutions, a provider of software and services to financial institutions, has purchased uMonitor, a provider of online solutions customized for financial institutions. The acquisition allows Harland Financial to integrate uMonitor's solutions into its existing products and services.
Core Banking
Central Bank of Seychelles has gone live on Polaris’s Intellect core banking system for central banks which contains numerous virtual gateways to help the bank process transactions from local banks.
UK’s Tesco Bank has deployed Fiserv’s Signature core banking system which will help provide the bank with a safe and secure system to store account information and conduct banking transactions.
Netherlands’s Amsterdam Trade Bank has deployed Misys’ BankFusion Equation. The core banking system will support the bank’s expansion strategy and help bring products and services more rapidly to the market.
<...
Categories:
Technology & OperationsKeywords:MasterCard, Fiserv, SunGard, NCR, KPMG,
This week's vendors and consultants roundup include MasterCard's acquisition of Travelex's prepaid card business, Union Bank of India's launch of mobile banking services, NCR's winning bid for an ATM contract supply in China and KPMG's hiring by NAB to investigate the bank's recent IT outage.
December 10, 2010 | The Asian Banker Editor"When
established as a process, it lays out the road map, guides the execution of
strategy, reduces execution risk and maximises investment value."
Donna-Maree
Vinci, Westpac CIO, commenting on the benefits of implementing SOA systems in
banks.
Corporate Developments
MasterCard acquired Travelex’s pre-paid Card Programme Management business for about $458 million, expanding its presence in the pre-paid card sector.
Broadridge Financial Solutions, a provider of IT outsourcing services to financial institutions, bought Forefield, a provider of content for financial institutions, for $19.5 million. The acquisition allows Broadridge access to Forefield’s sales, education and client communication content.
Harland Financial Solutions, a provider of software and services to financial institutions, has purchased uMonitor, a provider of online solutions customized for financial institutions. The acquisition allows Harland Financial to integrate uMonitor's solutions into its existing products and services.
Core Banking
Central Bank of Seychelles has gone live on Polaris’s Intellect core banking system for central banks which contains numerous virtual gateways to help the bank process transactions from local banks.
UK’s Tesco Bank has deployed Fiserv’s Signature core banking system which will help provide the bank with a safe and secure system to store account information and conduct banking transactions.
Netherlands’s Amsterdam Trade Bank has deployed Misys’ BankFusion Equation. The core banking system will support the bank’s expansion strategy and help bring products and services more rapidly to the market.
<...
Categories:
Technology & OperationsKeywords:MasterCard, Fiserv, SunGard, NCR, KPMG,
