Recent Stories

Fundtech, Under Risk Consent Decree, Promotes Risk Skills

Fundtech, Under Risk Consent Decree, Promotes Risk Skills

Fundtech, which describes itself as a market leader in global transaction banking solutions, recently released a white paper titled Reducing the Risk and Cost of Payments Compliance for Banks. It outlines…
London

Lousy UK Regulation Hits The City’s Global Financial Ranking?

After seven years, New York has knocked London from the top of the Global Financial Centres Index (GFCI), writes Mark Yeandle, associate director of the Z/Yen Group and the author…
b2b payments

Traxpay Wins PYMNTS.com Innovation Award For B2B Payments

Traxpay, a pioneer in business-to-business (B2B) dynamic payments, was selected as the best B2B payments innovation by PYMNTS.com. The company provides a platform capable of executing secure payments and…
Thomson Reuters Helps Financial Institutions Meet The ‘Know Your Customer’ Challenge

Thomson Reuters Helps Financial Institutions Meet The ‘Know Your Customer’ Challenge

To help financial institutions meet regulatory “know your customer” (KYC) requirements, Thomson Reuters has launched Accelus Org ID to increase efficiency and reduce costs It was developed in partnership with…
debit card charge

Fed Can Set Debit Card Rates Higher Than Congress Intended

The decision by an appeals court last week to allow the Federal Reserve bank to set debit card charges higher than the Dodd-Frank law specified was a blow to merchants, especially those whose charges tend to be small, and…
trading stock ticker

LiquidNet Pursues Fixed Income Trading

LiquidNet, the leading dark pool operator for equities, has announced it will enter the fixed income market with its acquisition of bond trading platform Vega-Chi, subject to regulatory…
Buy-Side Spends To Beef Up Its Own Technology

Buy-Side Spends To Beef Up Its Own Technology

“US buy-side equity trading desks are investing in automation and ramping up their quantitative skills to drive new efficiencies and enable execution capabilities on par with the sell side,” writes Adam Sussman of the TABB Group in a
Azul Preps Java For Trading  —  Avoid Practice Trades Leaking Into Markets

Azul Preps Java For Trading — Avoid Practice Trades Leaking Into Markets

Here’s something new to worry about — Java, the programming language widely used in financial services — requires warmup time to operate well, a problem that is getting some air time now…
Making LIBOR Dependable And Legit

Making LIBOR Dependable And Legit

Now that financial regulators have determined that LIBOR rates should not be set through exchanges of Champagne — even Bollinger’s  — ICE and Thomson Reuters are stepping in. Thomson Reuters is creating a subsidiary
BBVA Compass Makes Banking Simple

BBVA Compass Makes Banking Simple

As one of the more innovative large banks in the country, BBVA Compass, a Sunbelt bank owned by the Spanish banking giant, is watched closely. So when…