This week's vendors and consultants roundup includes IBM’s acquisition of Varicent Software, QNB’s deployment of TSYS’ Prime 4 solution, BoC’s new online banking system, and Temenos’ and ABN Amro’s payments system collaboration.
May 25, 2012 | The Asian Banker Editor“We don't believe we'll see a clear, single pathway forward for micro-payments or mobile payments for some time.”
Clive Whincup, chief information officer at Westpac, shares his view about current mobile payments applications in the market.
Corporate Development
Western Union has acquired cross-border payments service provider Travelex Global Business Payments in France after obtaining regulatory and licensing approval, with plans to expand into the French market.
Payment processor Mercury Payment Systems has acquired Sundrop Mobile and will provide a mobile loyalty program integrated with payment processing upon completion of the merger of Sundrop’s operations and technology.
IBM has completed the acquisition of Varicent Software, a provider of analytics software for compensation and sales performance management, as part of its strategy to expand the company’s business analytics and optimisation software and services capabilities.
Core Banking
BankDhofar has named Path Solutions as its core banking system provider and will employ the IMAL system, the first certified core banking system for the bank’s Islamic banking operations.
Qatar National Bank (QNB) has signed an agreement with TSYS to deploy PRIME 4, TSYS’ latest card and merchant management solution. PRIME 4 will enable QNB to upgrade its card and merchant management solution for multiple countries, languages and currencies on a multi-institutional platform to achieve the bank’s overseas expansion policy.
Farmington Bank has chosen Q2ebanking’s .Net single platform solution to provide enhanced services to its retail and commercial customers. Through implementation of the solution, the bank plans to enhance consume...
Categories:
Technology & OperationsKeywords:IBM, TSYS, Path Solutions, Western Union, Temenos, NCR, SunGard, LCH. Clearnet, MasterCard
This week's vendors and consultants roundup includes IBM’s acquisition of Varicent Software, QNB’s deployment of TSYS’ Prime 4 solution, BoC’s new online banking system, and Temenos’ and ABN Amro’s payments system collaboration.
May 25, 2012 | The Asian Banker Editor“We don't believe we'll see a clear, single pathway forward for micro-payments or mobile payments for some time.”
Clive Whincup, chief information officer at Westpac, shares his view about current mobile payments applications in the market.
Corporate Development
Western Union has acquired cross-border payments service provider Travelex Global Business Payments in France after obtaining regulatory and licensing approval, with plans to expand into the French market.
Payment processor Mercury Payment Systems has acquired Sundrop Mobile and will provide a mobile loyalty program integrated with payment processing upon completion of the merger of Sundrop’s operations and technology.
IBM has completed the acquisition of Varicent Software, a provider of analytics software for compensation and sales performance management, as part of its strategy to expand the company’s business analytics and optimisation software and services capabilities.
Core Banking
BankDhofar has named Path Solutions as its core banking system provider and will employ the IMAL system, the first certified core banking system for the bank’s Islamic banking operations.
Qatar National Bank (QNB) has signed an agreement with TSYS to deploy PRIME 4, TSYS’ latest card and merchant management solution. PRIME 4 will enable QNB to upgrade its card and merchant management solution for multiple countries, languages and currencies on a multi-institutional platform to achieve the bank’s overseas expansion policy.
Farmington Bank has chosen Q2ebanking’s .Net single platform solution to provide enhanced services to its retail and commercial customers. Through implementation of the solution, the bank plans to enhance consume...
Categories:
Technology & OperationsKeywords:IBM, TSYS, Path Solutions, Western Union, Temenos, NCR, SunGard, LCH. Clearnet, MasterCard
