This week's vendors and consultants roundup include Seven Bank's partnership with Western Union, Banco Internacional Guatemala's deployment of SureComp's trade finance solution, Mizuho Bank's banking system outage, and the termination of Deloitte Consulting's advisory contract with the Central Bank of Afghanistan.
March 18, 2011 | The Asian Banker Editor"[The next generation of customers] will not, and
should not, accept systems built in the 60’s, with overnight batches and
regular delays”.
Ralph Norris, CEO of Commonwealth Bank of Australia,
commenting on the bank’s $1.1 billion modernisation of its core banking system.
Corporate Developments
Dell has purchased Compellent Technologies, a provider of storage solutions, enabling Dell to expand its range of enterprise storage solutions and help customers to monitor data growth and cut storage costs.Core Banking
Thailand’s TISCO Financial Group has chosen IBM to upgrade its core banking infrastructure to help support its expansion and future growth.
Avaloq Group, a provider of banking software, has signed a deal with UK-based Rothschild Private Banking & Trust to provide the bank with its Avaloq Banking System that will support the bank’s core banking activities and help reduce its operating risks.
E-Channels
MoneyGram International, a provider of payment services, has extended its agreement with France’s Societe Generale, enabling the bank’s global retail banking network to offer money transfer services to customers.
Japan’s Seven Bank has partnered with Western Union to provide money transfer services to its customers, enabling them to send money online through their bank accounts and mobile banking.
US Bank has enhanced
its mobile banking services by adding Deposit Point Mobile and Credit Card
Alerts features which enable the bank’s customers to deposit cheques and
monitor their credit card activity securely through their mobile phones.
Payment Systems
Categories:
Technology & OperationsKeywords:Western Union, Visa, Deloitte Consulting, First Data
This week's vendors and consultants roundup include Seven Bank's partnership with Western Union, Banco Internacional Guatemala's deployment of SureComp's trade finance solution, Mizuho Bank's banking system outage, and the termination of Deloitte Consulting's advisory contract with the Central Bank of Afghanistan.
March 18, 2011 | The Asian Banker Editor"[The next generation of customers] will not, and
should not, accept systems built in the 60’s, with overnight batches and
regular delays”.
Ralph Norris, CEO of Commonwealth Bank of Australia,
commenting on the bank’s $1.1 billion modernisation of its core banking system.
Corporate Developments
Dell has purchased Compellent Technologies, a provider of storage solutions, enabling Dell to expand its range of enterprise storage solutions and help customers to monitor data growth and cut storage costs.Core Banking
Thailand’s TISCO Financial Group has chosen IBM to upgrade its core banking infrastructure to help support its expansion and future growth.
Avaloq Group, a provider of banking software, has signed a deal with UK-based Rothschild Private Banking & Trust to provide the bank with its Avaloq Banking System that will support the bank’s core banking activities and help reduce its operating risks.
E-Channels
MoneyGram International, a provider of payment services, has extended its agreement with France’s Societe Generale, enabling the bank’s global retail banking network to offer money transfer services to customers.
Japan’s Seven Bank has partnered with Western Union to provide money transfer services to its customers, enabling them to send money online through their bank accounts and mobile banking.
US Bank has enhanced
its mobile banking services by adding Deposit Point Mobile and Credit Card
Alerts features which enable the bank’s customers to deposit cheques and
monitor their credit card activity securely through their mobile phones.
Payment Systems
Categories:
Technology & OperationsKeywords:Western Union, Visa, Deloitte Consulting, First Data
