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first direct launches iPhone app for banking ‘on the move’

Online and 24-hour telephone bank, first direct, has introduced a transactional banking ‘on the move’ application for Apple’s iPhone and iPod Touch. Available free-of-charge on the Apple App store, it allows first direct customers to check balances, view the last 20 account transactions, make payments to other registered first direct customers and transfer money between […]

BM&FBovespa and FlexTrade sign connectivity and co-lo deal

FlexTrade Systems, a provider of algorithmic trading systems and Direct Market Access solutions, is setting up a direct link from its FlexTrader execution management system to Brazil’s BM&FBovespa exchange, specifically its new multi-asset trading platform. The partnership will bring liquidity to the exchange and increase connectivity for FlexTrader’s users. The deal also includes a new […]

LCH.Clearnet and Chi-X Europe launch clearing for equity CFDs

In what is a claimed world first, LCH.Clearnet and Chi-X Europe, have unveiled a contract-for-difference clearing service for institutional investors. The centrally cleared CFD (ccCFD) service complies with global regulators’ stated aim to increase the proportion of Over The Counter trades that are cleared and transparent, as well as giving extra information and options to […]

Oman completes national payments plan

The Central Bank of Oman has gone live with a multi-currency national ATM/POS switch, running on ACI Worldwide’s Base24-eps payments engine, which is the last element in the Arabian country’s national payment plan. First launched in 2003 the plan, which also involves HP and IMTAC supplying systems, has established a flexible infrastructure that can support […]

Elektron feed from Thomson Reuters reaches Japan

Thomson Reuters has expanded its Elektron fibre optic aggregated data distribution network and hosting environment to cover Japanese equities and derivatives. The new service offers market participants ultra low latency access to all the major Japanese liquidity pools, including the Tokyo Stock Exchange, SBI Japannext, Chi-X Japan, Kabu.com, Osaka Securities Exchange/JASDAQ and TDEX+ Options. The […]

New chief executive, COO and chairman at RBS GTS

The Royal Bank of Scotland has promoted Scott Barton to chief executive of the Global Transaction Services business, replacing Brian Stevenson who is moving upstairs to chair the unit where he will work with market infrastructure bodies, regulators, major clients and technology providers to assess how GTS can best meet its future payments objectives. Barton […]

Ovum: Europe trails in retail banking IT spending growth

Global spending on retail banking technology will increase by 24% over the next five years to hit $132 billion, according to new research from Ovum but Europe will have the lowest growth of all the regions, despite being the second biggest market in terms of overall spend.  Ovum believes the increase in investment will be […]

DTCC publishes latest draft ISO 20022 corporate actions specs

The Depository Trust & Clearing Corporation has published updated drafts of new ISO 20022 corporate action announcement specifications to be used in the pilot test with custodian banks, broker/dealers and other corporate actions users beginning this April. While the pilot of the DTCC system using ISO 20022 announcement messages will involve a limited number of […]

BAE to pay €217m for Norkom

BAE Systems has offered €217 million in cash to acquire financial crime specialist Norkom for. The Norkom board has recommended that shareholders accept the offer, under which they will receive €2.10 in cash for each Norkom Share they own – a premium of 36% on Norkom’s closing price of €1.54 at the time of the offer. […]

Dallas bank takes its PIN verification security in-house

North Dallas Bank & Trust Co has introduced Thales’ hardware security modules and S1 Postilion software to help it move from outsourced PIN verification for ATM and debit transactions towards an in-house solution that delivers lower transaction costs and improves customer service by providing real-time balances. The bank, with five branches in the Dallas, Texas, […]

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