Search Results for: World Bank
The world’s most valuable bank plans to start a robo-advisory service in 2017
July 21st, 2016
The world’s most valuable bank plans to start a robo-advisory service in 2017, Chief Operating Officer Tim Sloan said Wells Fargo & Co., the world’s most valuable bank, plans to start a robo-advisory service in 2017, Chief Operating Officer ...
World’s oldest bank is on the point of collapse
July 18th, 2016
Italy’s third-largest and the world’ oldest bank, Monte dei Paschi de Siena, is on the point of collapse unless it receives state support. Its failure could spark a banking crisis in Europe, but EU rules forbid bank bailouts using ...
Swift: 73 banks worldwide joined the global payments innovation initiative
July 1st, 2016
More than 70 banks worldwide collaborate to dramatically improve the cross-border payments experience with greater speed, transparency and end-to-end tracking SWIFT announces today that 73 banks worldwide have now joined its global payments innovation initiative, designed to improve the cross-border ...
A computerized trading firm beat Banks in the rankings of the world’s biggest spot currency traders
May 26th, 2016
XTX is the first electronic specialist to break into top five Deutsche Bank was the biggest currency trader until 2014 Computerized trading firm XTX Markets Ltd. has come from nowhere to dethrone major banks including Deutsche Bank AG in the ...
Luxembourg’s banks choose Worldline’s ACS solution to secure ecommerce with 3D-Secure
August 26th, 2015
Worldline, , European market leader in payment and transactional services, has been selected by the Luxembourg banking community to provide its Access Control Server solution for 3D-Secure, in cooperation with LuxTrust, a Luxembourg-based certification authority. The 3D-Secure dynamic ...
Huawei establishes an open platform ecosystem for finance industry with eleven world’s leading banking IT solution providers
July 27th, 2015
Huawei recently announced that it will partner with eleven of the world’s leading banking IT solution providers to establish an open platform ecosystem for the finance industry at Huawei’s Global Financial Services Industry (FSI) Summit 2015 in Beijing, China. ...
Banks around the world announced their First Quarter Results
April 30th, 2015
Banks around the world with international operations issued press release to annouce their Results for the First Quarter of 2015. Highlights for Credit Susisse, BNP Paribas, Royal Bank of Scotland and Bank of China are as follow: Credit Suisse ...
Half of the world’s banks set to fall by the digital wayside – BBVA
February 5th, 2015
Up to half of the world’s banks will disappear through the cracks opened up by digital disruption of the industry, forecasts BBVA chairman and CEO Francisco Gonzalez. Speaking to the press as the bank reported a 25% uplift in ...
SWIFT’s KYC Registry goes live for correspondent banks worldwide
December 15th, 2014
SWIFT announces that The KYC Registry is now available to banks seeking to increase efficiency and reduce risk related to their correspondent banking Know Your Customer (KYC) compliance activities. More than 20 global and regional banks have joined The ...
Anti-Terrorism Trial of Mideast Bank Worries the Financial World
August 14th, 2014
The judge called it the Beirut account. It was a basic bank account at Arab Bank’s Al-Mazra branch in Beirut, Lebanon, unremarkable except for the name on the account: Osama Hamdan, a spokesman for the terrorist group Hamas. The ...
