What Banks Need To Know About IFCPA July 02, 2013Starting July 1, Section 1244 of the Iran Freedom and Counter-Proliferation Act of 2012 (IFCPA) represents a significant expansion of activities and entities potentially subject to sanctions. UBS Fined By British Regulators For Lack of Internal Controls in Rogue Trader Case November 26, 2012UK regulators levied a fine against UBS today after finding that the bank's weak oversight of its investment operations allowed a trader to book over $2 billion in losses and conceal them for months. Bank of America Merrill Lynch Announces New Supply Chain Management Tool October 15, 2012The new product allows the bank's buyer clients and their suppliers to manage their cash flow.
New Industry-Wide Committee Aims To Nurture Growth of Mobile Payments August 10, 2012The committee will gather banks, merchants and all four major mobile networks to develop best practices and business relationships for mobile payments. Bank of America Merrill Lynch Introduces Digital Trade and Supply Chain Portal March 21, 2012The new digital platform aims to make trade and financial supply chain operations more efficient for large corporate and middle market companies. J.P. Morgan Enhances Web Currency Services Portal January 18, 2012J.P. Morgan enhances web currency services portal; upgraded online system is designed to help banks gain a variety of detailed views of cash transactions and analytical dashboards. How to Protect Your Intellectual Property July 17, 2011Financial services firms are built on innovation. But protecting those advances is a full-time job. E*Trade Tabs Ex-Citi Exec for Banking Division March 15, 2011Former Citi executive Peter Knitzer to replace retiring Robert Burton as E*Trade Bank president. J.P. Morgan Aims to Strengthen Global Trade Practice with Strategic Hires and Updated Organizational Structure July 29, 2010J.P. Morgan aims to strengthen global trade practice with strategic hires and updated organizational structure; enhanced product strategy will leverage institution’s U.S. commercial bank franchise and contribute to stronger trade partnerships with fi Federal Home Loan Bank of San Fran. Selects Calypso April 29, 2010Calypso Technology, Inc., a global application software provider, announced today that the Federal Home Loan Bank of San Francisco has selected Calypso Technology's front-to-back office system to support its front office trade origination, valuation, accou BAFT, IFSA Announce Plan to Merge November 16, 2009 SIBOS NEWS: SmartStream Unveils Reference Data Utility September 16, 2009 SIBOS NEWS: Deutsche Bank Rolls Out New Financial Supply Chain Solution September 15, 2009 Daniel Cotti to Head J.P. Morgan Trade Services August 19, 2009 Consumer Financial Protection Agency Continues to Create Banker Angst August 09, 2009As the Consumer Financial Protection Agency moves nearer to reality, banks are left wondering just how much innovation will suffer at the expense of more oversight. U.S. Bancorp Teams With Visa to Offer Financial Supply Chain Solution July 31, 2009 CGI, GXS Team Up for Supply Chain Finance Solution July 27, 2009 Rick Striano Named a Director in Deutsche Bank’s GTB Unit July 22, 2009 Royal Bank of Scotland Restructures Treasury Team July 14, 2009 Treasury Services Are Proving to be a Beacon Amid the Dark Economy for Banks June 21, 2009With the retail banking industry struggling to stay afloat, banks' treasury services departments are increasingly proving their worth amid a turbulent economy and showing that there still is strength left in the financial services industry.