This week's vendors and consultants roundup include ConvergEx's purchase of RealTick and LDB Consulting, Central Bank of Oman's decision to go with ACI Worldwide's payment engine, BofA's hiring of Booz Allen Hamilton, and Fiserv's new COO.
January 07, 2011 | The Asian Banker Editor"Things like remote kill can make a mobile device more secure than a traditional device and it's an area we place a lot of importance on.'"
Sarv Girn, CTO for Westpac and St George banking group, commenting that the benefits of mobile banking far outweigh the risks.
Corporate Developments
TSYS, a provider of payment services for the financial industry, has purchased the remaining 49% stake in First National Merchant Solutions (FNMS), its joint venture with First National Bank of Omaha, for $169.6 million. FNMS, which will be known as TSYS Merchant Solutions, will help complement TSYS’ range of services as it offers transaction processing and merchant support services.
ConvergEx Group, a provider of technology services for the financial industry, has completed the acquisition of RealTick from Barclays Bank. It has also acquired LDB Consulting. The acquisitions enable ConvergEx to assimilate RealTick’s trading technology and LDB Consulting’s trading software into its own suite of products and services.
Core Banking
Cambodia’s PRASAC has deployed Oracle’s Flexcube core banking solution to help support the microfinance institution’s branch and product line expansion.
First National Bank of Bangor has gone live with IBT’s i2Core banking solution to help enhance information delivery to the bank’s clients.
Fiserv, a provider of technology solutions for the financial industry, has signed a deal with Gesa Credit Union to provide the bank with its Acumen core banking solution to support the credit union’s key business services.
E-Channels
CashEdge, a provider of money transfer service...
Categories:
Technology & OperationsKeywords:ConvergEx, MasterCard, ACI Worldwide, Booz Allen Hamilton, Fiserv
This week's vendors and consultants roundup include ConvergEx's purchase of RealTick and LDB Consulting, Central Bank of Oman's decision to go with ACI Worldwide's payment engine, BofA's hiring of Booz Allen Hamilton, and Fiserv's new COO.
January 07, 2011 | The Asian Banker Editor"Things like remote kill can make a mobile device more secure than a traditional device and it's an area we place a lot of importance on.'"
Sarv Girn, CTO for Westpac and St George banking group, commenting that the benefits of mobile banking far outweigh the risks.
Corporate Developments
TSYS, a provider of payment services for the financial industry, has purchased the remaining 49% stake in First National Merchant Solutions (FNMS), its joint venture with First National Bank of Omaha, for $169.6 million. FNMS, which will be known as TSYS Merchant Solutions, will help complement TSYS’ range of services as it offers transaction processing and merchant support services.
ConvergEx Group, a provider of technology services for the financial industry, has completed the acquisition of RealTick from Barclays Bank. It has also acquired LDB Consulting. The acquisitions enable ConvergEx to assimilate RealTick’s trading technology and LDB Consulting’s trading software into its own suite of products and services.
Core Banking
Cambodia’s PRASAC has deployed Oracle’s Flexcube core banking solution to help support the microfinance institution’s branch and product line expansion.
First National Bank of Bangor has gone live with IBT’s i2Core banking solution to help enhance information delivery to the bank’s clients.
Fiserv, a provider of technology solutions for the financial industry, has signed a deal with Gesa Credit Union to provide the bank with its Acumen core banking solution to support the credit union’s key business services.
E-Channels
CashEdge, a provider of money transfer service...
Categories:
Technology & OperationsKeywords:ConvergEx, MasterCard, ACI Worldwide, Booz Allen Hamilton, Fiserv
