2012

Apr

02

Emirates Lebanon Bank SAL Chooses CR2 BankWorld for their Mobile and Internet Channels

Emirates Lebanon Bank SAL (EL Bank) has chosen the CR2 BankWorld Mobile and Internet Banking solution.

2012

Apr

02

Major Banks Ready to Return upto Euro 100 Million to European Central Bank

Towards the end of 2011, the European Central Bank (ECB) had made lending arrangements that made money easily available to struggling financiers.

2012

Apr

02

Global Payments Inc. Claims 1.5 Million Card Numbers Exported due to Systems Breach

U.S. transaction processor, Global Payments Inc., claims that about 1,500,000 card numbers have been exported due to a systems breach.

2012

Apr

03

Global Foreign Exchange Algorithmic Trading to Take Off in a Big Way Reveals Study by Greenwich Associates

Recent Greenwich Associates’ study reveals that global foreign exchange (FX) algorithmic trading will take off in a big way, with electronic trading having accounted for 60 percent of volumes in 2011.

2012

Apr

02

Federal Officials Will Wait and Watch before Letting off More Monetary Stimulus for the U.S.

Federal Reserve policymakers are not taking further hasty monetary steps to stimulate the U.S. growth, as the U.S. Economy is gradually strengthening.

2012

Apr

02

Phatra Securities Implements FlexTrader from FlexTrade Systems

FlexTrade Systems Inc. confirms that Phatra Securities Public Company Limited has deployed its FlexTRADER and Mottai solutions for better trading functionality and mobility on the Stock Exchage of Thailand (SET) and the Thailand Futures Exchange (TFEX).

2012

Apr

03

Gap between Credit Availability and Demand from Small Businesses Widening Reveals FICO Commissioned Survey

The gap between credit availability and demand from small businesses is widening, reports the fourth European Credit Risk Survey.

2012

Apr

03

Twin Peaks Regulatory Model of Financial Service Authority to bring Profound Changes, says PriceWaterhouseCoopers

PriceWaterhouseCoopers informs that the Financial Services Authority (FSA) has introduced its new twin peaks regulatory model, anticipating that the Financial Services Bill will be passed in the U.K. parliament next month.

2012

Apr

04

Bruce Summers Aims to Improve U.S. Payments System Failing to Meet Digital Economy Needs

The U.S. payments system is failing to meet the needs of the digital economy, reports a paper delivered to the payments summit hosted by the Kansas City Federal Reserve Official, Bruce Summers.

2012

Apr

04

Oversight of Nonbank Financial Institutions to be Checked by New Rule

The Financial Stability Oversight Council headed by U.S. Treasury secretary, Timothy F. Geithner has decided to adopt a new rule, part of the Dodd-Frank Act