KeyBank names new commercial payments head; former RBS global transaction services executive Alfred Carpetto will oversee Key’s treasury management, international foreign exchange and institutional asset services businesses.
In its new report, Gartner gives advice to banks on how to stay relevant despite its prediction that external social web and cloud-based products will make up a quarter of consumer-driven banking services by 2015.
SasS banking provider BankServ's majority shareholder, GTCR, has purchased payments software company Fundtech for $23.33 per share to create a company focused on several aspects of transaction banking.
Visa aims to help simplify and speed up the deployment of its payment innovations such as its forthcoming V.me digital wallet by giving developers access to programming and development tools via a new website.
Westpac New Zealand and IBM renew strategic IT outsourcing agreement in five-year services deal; new technology agreement supports bank's technology transformation program and is intended to improve service quality for staff and customers, lower risk, and support business agility.