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Bank of England likely to introduce stricter stress tests for UK financial sector The Bank of England (BoE) might implement stress tests of different severity to test the effectiveness of financial systems during changing financial situations. Banking Services > Commercial Banking > News
Bank Mandiri to expand ATM network Bank Mandiri, Indonesia’s leading financial institution, is boosting its footprint by massively expanding its network of automated teller machines: 3,375 new ATMs from Wincor Nixdorf were installed from April to June 2015 alone.
Banking Services > Commercial Banking > News Mashreq offers cash withdrawals and deposits using Emirates ID cards Mashreq has announced the integration of Emirates Identity Authority (EIDA) cards with all its bank processes, allowing customers to open accounts, pay their utility bills, carry out cash withdrawals and deposits, update their personal information using the Emirates ID.
Banking Services > Cards > News Bank of Bhutan to implement TCS’ core banking solution By BBR Staff Writer
The Bank of Bhutan (BoB) will use Tata Consultancy Services’ (TCS) BaNCS as its core banking solution to enhance its banking services.
News
Bank of England likely to introduce stricter stress tests for UK financial sector By BBR Staff Writer
The Bank of England (BoE) might implement stress tests of different severity to test the effectiveness of financial systems during changing financial situations.
Banking Services > Commercial Banking > News BNP Paribas Wealth Management opens new centre in US By BBR Staff Writer
Bank of the West Wealth Management has inaugurated a new centre in Palo Alto in California.
News UKForex launches money transfer app By BBR Staff Writer
UKForex, an arm of OzForex Group, an international money transfer provider, has announced the launch of a free mobile app, Forex Money Transfer, to enable fast, secure international payments on the go.
News

Latest News and Insight by Sector

Banking Services

Bank Mandiri to expand ATM network
Bank Mandiri, Indonesia’s leading financial institution, is boosting its footprint by massively expanding its network of automated teller machines: 3,375 new ATMs from Wincor Nixdorf were installed from April to June 2015 alone.
Banking Services > Commercial Banking > News
Mashreq offers cash withdrawals and deposits using Emirates ID cards
Mashreq has announced the integration of Emirates Identity Authority (EIDA) cards with all its bank processes, allowing customers to open accounts, pay their utility bills, carry out cash withdrawals and deposits, update their personal information using the Emirates ID.
Banking Services > Cards > News

Wealth & Assets Management

Many Greek banks at risk of closures or mergers amidst bailout talks
By BBR Staff Writer
European officials have stated that most of Greece’s large banks face risks of shut down or merger with rivals in a bid to restructure the faltering sector in midst of the country’s financial crisis.
Banking Services > Commercial Banking > News
Santander partners with Monitise to launch fintech JV
Spanish banking giant Banco Santander and British mobile money vendor Monitise have formed a joint venture that will look to invest in the disruptive financial technology businesses.
Wealth & Assets Management > Asset Management > News

Intermediaries

Six global banks probed for forex rigging in South Korea
By BBR Staff Writer
South Korea’s Fair Trade Commission (FTC) is investigating the alleged involvement of six global banks in foreign-exchange market rigging.
Intermediaries > ECN & Exchanges > News
Five global banks might face penalties of $5bn over forex rigging
By BBR Staff Writer
A settlement between US and British authorities over rigging of currency markets could lead to five of the world’s biggest banks being slapped with penalties totaling $5bn.
Intermediaries > ECN & Exchanges > News

Technology

Atom selects Intelligent Environments Interact product to deliver its digital platform
By BBR Staff Writer
Intelligent Environments, the leading provider of digital financial services software, and Atom – the UK’s first digital-only bank – are partnering to deliver to the market a unique mobile banking solution.
Technology > Banking Technology > News
CSC and HCL sign deal to form new banking software company
By BBR Staff Writer
Global IT companies CSC and HCL Technologies will form a banking software and services company as part of an agreement.
Technology > Banking Technology > News

Policies & Regulatory Compliance

Bank of England likely to introduce stricter stress tests for UK financial sector
By BBR Staff Writer
The Bank of England (BoE) might implement stress tests of different severity to test the effectiveness of financial systems during changing financial situations.
Banking Services > Commercial Banking > News
New Federal Reserve rules require key US banks to hold additional capital
By BBR Staff Writer
The Federal Reserve System has approved a new rule which requires eight key banks in the US to hold additional capital buffers in a bid to avoid a major financial collapse.
Risk Management > News

Risk Management

New Federal Reserve rules require key US banks to hold additional capital
By BBR Staff Writer
The Federal Reserve System has approved a new rule which requires eight key banks in the US to hold additional capital buffers in a bid to avoid a major financial collapse.
Risk Management > News
EU finance ministers approve draft regulation to strengthen big banks
By BBR Staff Writer
Finance ministers of the European Union (EU) have approved a draft law to control trading risks for banks in case of a financial crisis similar to the one in 2008.
Banking Services > Commercial Banking > News