Fraud Still an Uphill Battle for Card Cos.September 27, 2005According to Reuters, the fight against cyber thieves has reached a stalemate, and millions will have to be spent over the next decade to combat them.
Protecting PatentsJuly 22, 2003It appears that claiming patent infringement is en vogue within the financial technology community, judging by Reuters' recent patent infringement accusation of Bloomberg.
HESNEY OUT OF TOWERGROUP AFTER THREE MONTHSJune 30, 2003In a surprising management about-face, Maureen Hesney, a TowerGroup senior executive vice president hired in February to run the firm's research and consulting practice, has left the firm after only three months in the job.
International BytesOctober 18, 2002Arab National Bank launches an anti-money laundering and fraud detection system from ACI Worldwide; Hokuriku and Ashikaga Banks roll out an ASP solution from NTTDATA and FNX Limited; Siam City Bank chooses straight through processing (STP) and trade proces
International BytesJuly 25, 2002Sumitomo Mitsui Banking Corp selected Sybase's PATRIOTcompliance solution; BNP Paribas Securities Services signs a strategic agreement with Reuters group and TIBCO Software; Banco de Credito in Peru renews a seven-year agreement with ALLTEL Information Ser
International BytesJune 13, 2002European Investment Bank selects Trema Finance KIT as backbone system; China Merchants Bank implements Reuters Internet Toolkit; Banque Privee Edmond de Rothschild selects SunGard MINT ISO15022 software.
EXECUTIVE CHANGESJanuary 24, 2002Mary Beth Farrell appointed executive vice president of Finance and Corporate Administrative Services at AXA Client Solutions; Dr Anthony W. Kirby named group marketing director at Reuters; Anthony Malak joins Francotyp-Postalia, Inc as vice president of o
INTERNATIONAL BYTESJuly 26, 2001Bangkok Bank taps Corillian to develop its Internet banking service; Sumitomo Mitsui Bank installs Sierra System fixed income operation support software from FNX Limited; Bank of Bermuda set to go live with a trade capture system from SunGard Asset Managem