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Commercial Credit News
ABA Statement on NCUA’s Planned Rule on Supplemental Capital for Credit Unions
Thursday, 25 June 2015


Frank Keating, The American Bankers Association (ABA) president and CEO, says:

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The real Greek tragedy? The geopolitical and economic fallout
Thursday, 25 June 2015

The geopolitical and economic consequences will be the real Greek tragedy, warns the boss of one of the world’s largest independent financial advisory organisations.

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Silo But Deadly: Fonetic Unveils Unified Front, Middle and Back Office IMS for Trading Operations
Thursday, 25 June 2015

New York – 25th June, 2015 Fonetic today unveiled ATR™ integra, the first linguistics-based trade reconstruction solution to automatically collect, analyse and match all trade-related data to their corresponding voice and text communications. Using a sophisticated proprietary matching algorithm to power the world’s most-accurate trade reconstruction technology, ATR™ integra dissolves the ‘siloed’ systems that have come to typify the internal structure of financial firms, meaning that compliance teams can now have complete visibility across their global trade operations.

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ABA Statement on CFPB TRID Delay
Thursday, 18 June 2015

Frank Keating, president and CEO of The American Bankers Association (ABA), said:

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Lloyds Bank provides Cennox with multi-million package to fund US acquisition
Thursday, 18 June 2015

Lloyds Bank Commercial Banking has provided a multi-million package to Cennox, a global ATM servicing company, to support its acquisition of PSSI International Inc. The deal will enable the firm to bolster its presence in the United States, the world’s second largest ATM market.

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Financial sector must promote inclusive growth
Thursday, 18 June 2015

Finance is a key ingredient of modern economies, but too much finance may hamper economic growth and worsen income inequality, according to new research from the OECD.

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Aptean Acquires Vision(R) to Provide Cloud-Based Inventory Management Solutions
Thursday, 11 June 2015

ATLANTA, June 11, 2015 -- Aptean announced today the acquisition of the Vision® software solutions business from affiliates of Cinram Group Inc. Vision software solutions provide cloud-based Supply Chain Inventory Management and Business Intelligence solutions for Fortune 100 clients in home entertainment, electronics, and publishing. Vision solutions capture and manage inventory data for more than 100 retailers and 47,000 stores in 18 countries. The solutions provide inventory visibility and demand planning to manufacturers and retailers, enabling them to respond quickly and bridge the gap between retail supply and demand to increase profitability.

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ABA Statement on yesterday’s Basel Committee Proposal
Tuesday, 09 June 2015


Frank Keating, American Bankers Association (ABA) president and CEO, comments on yesterday’s Basel Committee Proposal.

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Bibby Financial Services announces new leadership for its European operation
Monday, 08 June 2015

Bibby Financial Services, the independent funder of choice for businesses across Europe, has appointed Steven Box as Chief Executive Officer for its European operations with the aim of growing the business across its eight markets, excluding the UK.

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Tungsten Network one step closer to pan-India launch
Wednesday, 03 June 2015

Paper-free invoicing across India is one step closer to becoming a reality, after the latest set of approvals was granted in Rajasthan.

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Bank Economists See Rebound from Economic Soft Patch
Wednesday, 03 June 2015

WASHINGTON -- The U.S. economy will rebound from a lackluster first half with 2.8 percent annualized inflation-adjusted real GDP growth in the second half of this year, according to the Economic Advisory Committee of the American Bankers Association. The committee sees 1.8 percent growth over the four quarters of the year, rising to 2.6 percent in 2016.

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