Fitch Reviews Peruvian State-Owned Financial Institutions
Business Wire - Thu Nov 13, 10:06AM CST
Following a peer review of the international scale ratings of four state-owned financial institutions in Peru, Fitch Ratings affirmed the banks' ratings on Oct. 10, 2014. The rating actions are summarized at the end of this press release.
FISI: 25.28 (+0.28)
AIC applauds OSFI's new Guideline B-21 to strengthen Canada's mortgage insurance underwriting practices
GlobeNewswire - Thu Nov 13, 9:20AM CST
The Appraisal Institute of Canada (AIC) congratulates the Office of the Superintendent of Financial Institutions (OSFI) on the recent release of Guideline B-21 Residential Mortgage Insurance Underwriting Practices and Procedures. The new Guideline complements those governing mortgage lenders (Guideline B-20) by outlining the principles for effective governance and internal risk management within federally-regulated mortgage insurers.
FISI: 25.28 (+0.28)
Digital Insight and Guardian Analytics Help Protect Financial Institutions From Fraud
Business Wire - Thu Nov 13, 7:00AM CST
Digital Insight, an NCR company and leader in digital banking solutions, announced it has entered into a reseller agreement with Guardian Analytics, a leader in banking security solutions that detect fraudulent online and mobile activity and unauthorized transactions. Under the terms of the agreement, Digital Insight will deliver anomaly detection services to financial institutions, strengthening the security and reducing the risk of online and mobile banking services for retail and small business clients.
FISI: 25.28 (+0.28)
CorpBanca Announces Third Quarter 2014 Financial Report
Marketwired - Wed Nov 12, 8:30PM CST
CORPBANCA (NYSE: BCA) (SSE: CORPBANCA), a Chilean financial institution offering a wide variety of corporate and retail financial products and services, today announced its financial results for the third quarter ended September 30, 2014. This report is based on unaudited consolidated financial statements prepared in accordance with Chilean generally accepted accounting principles. Solely for the convenience of the reader, U.S. dollar amounts in this report have been translated from Chilean nominal pesos at our internal exchange rate as of September 30, 2014 of Ch$597.66 per U.S. dollar. Industry data contained herein has been obtained from the information provided by the Superintendency of Banks and Financial Institutions ("SBIF"
BCA: 19.31 (-0.12), FISI: 25.28 (+0.28)
Diebold's New 9900 Branch Technology Transforms Financial Institutions' Businesses And Consumer Banking Experiences
PR Newswire - Wed Nov 12, 8:00AM CST
Recent technological advancements have empowered consumers to interact with financial institutions (FIs) in multiple new ways. Yet, the branch - compared with other banking channels such as online and mobile - still has the greatest influence on consumer satisfaction, according to the J.D. Power and Associates 2013 U.S. Retail Banking Satisfaction StudySM.
DBD: 35.18 (-0.49), FISI: 25.28 (+0.28)
Hiperos Announces New Contracts with Three Top 50 U.S. Banks
Business Wire - Wed Nov 12, 7:01AM CST
Hiperos, an Opus Global company and the leading provider of third-party management software, today announced that it has secured multi-year, seven-figure deals with three of the top 50 U.S. banks. The banks plan to use Hiperos 3PM(TM), Hiperos' flagship SaaS-based product, to implement comprehensive, effective third-party risk management processes that better address the increasing regulatory focus on risk and compliance related to third-party relationships. The three contracts were all executed in the past 30 days.
FISI: 25.28 (+0.28)
Banner Corporation Receives Regulatory Approval for Siuslaw Financial Group Acquisition
GlobeNewswire - Fri Nov 07, 11:22AM CST
Banner Corporation ("Banner"
FISI: 25.28 (+0.28), BANR: 43.38 (-0.25)
Fitch: Europe's Evolving Bank-Sovereign Link in This Week's 'Inside Credit' Newsletter
Business Wire - Fri Nov 07, 11:03AM CST
The latest edition of Fitch Ratings' 'Inside Credit' newsletter discusses the sovereign implications of the European Central Bank's (ECB) Comprehensive Assessment results. The moderate capital shortfalls that emerged illustrate that the direct fiscal risk to sovereigns from Europe's banking sector is shrinking, Fitch Ratings says.
FISI: 25.28 (+0.28)
Options Group Announces that Bob Flohr has joined as Senior Advisor
PR Newswire - Thu Nov 06, 3:01PM CST
Options Group, a leading talent acquisition and management consulting firm, is pleased to announce that Bob Flohr has agreed to become Senior Advisor. He will provide senior relationship management for the firm's key global accounts and assist in the continued development of the firm's intelligence-based products and services. Additionally, he will lead in the development of a Board of Directors advisory practice. Bob has been affiliated with Options Group for over 15 years in a variety of roles, including a period as Chairman.
FISI: 25.28 (+0.28)
Verint and Truphone Partner to Help Financial Institutions Manage Regulatory Compliance Initiatives
Business Wire - Thu Nov 06, 2:45AM CST
Truphone, a global mobile network and leading provider of mobile recording solutions in the UK, USA, Spain, Hong Kong and Australia, has today announced a collaboration with Verint(R) Systems Inc. (NASDAQ: VRNT).
FISI: 25.28 (+0.28), VRNT: 58.62 (-0.61)
Agencies Announce EGRPRA Outreach Meetings
PR Newswire - Wed Nov 05, 10:56AM CST
The Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Board of Governors of the Federal Reserve System (agencies) announced the first of a series of outreach meetings to review their regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). The first outreach meeting will be held at the Los Angeles branch of the Federal Reserve Bank of San Francisco on December 2, 2014.
FISI: 25.28 (+0.28)
New Partners Strengthen FMSI Value to Financial Institutions
PR Newswire - Wed Nov 05, 8:28AM CST
Financial Management Services Inc. (FMSI) has added two executives and a Kansas City office, expanding the firm's services to financial institutions and other institutional investors.
FISI: 25.28 (+0.28)
Lodestone Banking Provides Enhanced Forensic Revenue Analysis to Financial Institutions
Business Wire - Wed Nov 05, 8:00AM CST
Lodestone Banking, a consulting firm that specializes in locating lost revenue, announces they provide comprehensive forensic revenue analysis for banks, a service which locates overlooked revenue opportunities without layoffs, branch closings, higher fees, changes to loan loss reserve or renegotiating vendor contracts.
FISI: 25.28 (+0.28)
Harland Clarke Releases 2014 Report on State of EMV Preparedness
Business Wire - Tue Nov 04, 6:30PM CST
Harland Clarke Corp., a leading provider of integrated solutions to financial institutions, has announced the release of a special report. The State of EMV: Countdown to 2015 provides insight into how financial institutions are preparing for the October 2015 EMV-liability shift.(1)
FISI: 25.28 (+0.28)
Vantiv to Rollout Security Chip Card Solutions to Financial Institutions and Merchants
Thomson Reuters ONE - Tue Nov 04, 1:36PM CST
FISI: 25.28 (+0.28), VNTV: 31.16 (+0.26)
GardaWorld Partners with WAUSAU Financial Systems to Expand Vault Check Capture Services
Business Wire - Tue Nov 04, 9:52AM CST
WAUSAU Financial Systems, a provider of best-in-class financial technology, services and solutions, and recently acquired by Deluxe Corporation, today announced an expanded partnership with GardaWorld, the largest privately-owned business solutions and security services company in the world. WAUSAU provides GardaWorld with its Vault Check Capture services, enabling GardaWorld to process bank and retail customer deposits at its more than 100 locations across the nation. This one-of-a-kind, large-capacity, ultra- high-speed imaging capability is in addition to GardaWorld's existing cash processing service.
FISI: 25.28 (+0.28), DLX: 60.42 (-0.91)
Primax Partners With Cyberlis To Work With Financial Institutions To Create A Competitive Card Portfolio
Business Wire - Mon Nov 03, 1:00PM CST
Primax, a premier provider of credit and debit card issuing and merchant acquiring programs, products and services for financial institutions and businesses today announced it has partnered with Cyberlis to help Primax clients grow their payment card portfolios, launch new card products that can successfully compete with larger financial institutions, and offer card products that are differentiated within a saturated marketplace. Portfolio services offered within the partnership include research and analysis of the current product marketplace, revenue streams, product offerings, pricing, DDA base penetration, cardholder activation and usage, marketing platforms, competitors and new product designs. Key outputs of the partnership include tools for measuring product performance/profitability, models and tracking; recommendations for increasing revenue; product concepts; marketing plans; business cases and product launch plans.
FISI: 25.28 (+0.28)
Mitek Surpasses 3,000 Financial Institutions Signed for Patented Mobile Deposit(R)
GlobeNewswire - Thu Oct 30, 6:10AM CDT
Mitek (Nasdaq:MITK) (www.miteksystems.com), the leading innovator of mobile imaging for financial transactions and identity, today announced that 3,026 financial institutions have signed agreements for its patented Mobile Deposit solution.
FISI: 25.28 (+0.28), MITK: 3.54 (-0.12)