This week's vendors and consultants roundup include AMEX's reorganization, NAB's delay of its core banking upgrade, Misys' deal with MCB to help automate its treasury solutions, and Bottomline Technologies' new banking MD.
November 11, 2011 | The Asian Banker Editor“We have
moved 11 million retail deposit and transaction accounts to our new banking
platform in 2010, and now we are focused on moving one million business deposit
and transaction accounts across in 2011.”
Michael
Harte, CIO of Australia’s Commonwealth Bank, on the bank’s upgrade of its core
banking systems.
Corporate Developments
Western Union, a provider of payment services, has completed its purchase of Travelex Global Business Payments, a provider of cross-border business payments. The acquisition will enable Western Union to expand its presence in the small and medium-sized enterprises cross-border business payments market.
Cardtronics Canada, a provider of ATM services and products, has acquired Mr. Cash ATM Network, a Canadian provider of ATM services, allowing Cardtronics to enhance its presence in the Canadian ATM market by leveraging on Mr. Cash’s network.
American Express has revamped its Global Services Group unit by combining the operations of its Global Merchant Services and Global Corporate Payments and Business Travel sub-units. Global Services Group has also been renamed as Global Corporate Services.
Core Banking
Misys, a provider of IT solutions to the financial industry, has signed a deal with the National Bank of Kenya to provide the bank with Misys BankFusion, its core banking solution, that will help the bank improve its core banking operations.
Australia’s NAB has delayed the upgrade of its core banking system, called NextGen, to 2012, as the bank grapples with multiple IT upgrades and implementations. Its core banking upgrade commenced in August 2008, with Oracle winning the bid for the project.
E-Channels
FIS...
Categories:
Technology & OperationsKeywords:AMEX, ACI Worldwide, FIS, Misys, Diebold
This week's vendors and consultants roundup include AMEX's reorganization, NAB's delay of its core banking upgrade, Misys' deal with MCB to help automate its treasury solutions, and Bottomline Technologies' new banking MD.
November 11, 2011 | The Asian Banker Editor“We have
moved 11 million retail deposit and transaction accounts to our new banking
platform in 2010, and now we are focused on moving one million business deposit
and transaction accounts across in 2011.”
Michael
Harte, CIO of Australia’s Commonwealth Bank, on the bank’s upgrade of its core
banking systems.
Corporate Developments
Western Union, a provider of payment services, has completed its purchase of Travelex Global Business Payments, a provider of cross-border business payments. The acquisition will enable Western Union to expand its presence in the small and medium-sized enterprises cross-border business payments market.
Cardtronics Canada, a provider of ATM services and products, has acquired Mr. Cash ATM Network, a Canadian provider of ATM services, allowing Cardtronics to enhance its presence in the Canadian ATM market by leveraging on Mr. Cash’s network.
American Express has revamped its Global Services Group unit by combining the operations of its Global Merchant Services and Global Corporate Payments and Business Travel sub-units. Global Services Group has also been renamed as Global Corporate Services.
Core Banking
Misys, a provider of IT solutions to the financial industry, has signed a deal with the National Bank of Kenya to provide the bank with Misys BankFusion, its core banking solution, that will help the bank improve its core banking operations.
Australia’s NAB has delayed the upgrade of its core banking system, called NextGen, to 2012, as the bank grapples with multiple IT upgrades and implementations. Its core banking upgrade commenced in August 2008, with Oracle winning the bid for the project.
E-Channels
FIS...
Categories:
Technology & OperationsKeywords:AMEX, ACI Worldwide, FIS, Misys, Diebold
