CCR World Magazine

Zürich/Brussels, 2nd May 2013 – An independent jury has presented Banca Monte Paschi Belgio (BMPB) and SIX Payment Services (SIX) with the FSTech „Highly Commended” award, in recognition of the PaschiCombo card, the world’s first dual Maestro (debit) and MasterCard (credit) display card with contactless payments functionality and an added one-time password generator for secure e-commerce.

London, 09 April 2013 - Retail banks are still hesitating to fully integrate social media into their digital marketing strategies, according to a new report from global analysts Ovum. Asia-Pacific and American retail banks are spearheading approaches to social media engagement, believing it to be a disruptor of the way in which they interact with their customers. However, European counterparts are lagging far behind, but Ovum expects this change significantly in the next three years as social media becomes a significant channel for retail banks.

The UK Government’s 2013 Budget – unveiled today by Chancellor of the Exchequer Rt.Hon George Osborne MP – includes plans to consult this year on new insolvency procedures for Industrial and Provident Societies, including credit unions.

Long Beach, CA, March 14, 2013 – AES, a leading provider of advanced interactive software solutions for banking transactions, announced today they have just received the approval for issuance of yet another important foreign patent, this time in Singapore.  This patent is expected to be issued within the next 60 days.

Mortgage technology provider Marlborough Stirling, part of Vertex Financial Services, has announced a series of deals that will transform its business within 2013.

Mumbai/London/New York February 20, 2013: Firstsource Solutions Limited, a global provider of customised business process outsourced (BPO) services to the Banking & Financial Services, Telecoms & Media and Healthcare sectors, today announced the launch of First Customer Intelligence (FCI), the company’s new product aimed at helping organisations gain actionable customer insights.

Financial services outsourcer Oakwood Global Finance LLP has been appointed as the Master Servicer on a portfolio of over €400m of Irish consumer finance loans.

London, 04 February 2013 – Retail banks across the globe will see IT spending grow 3.4 percent, reaching US$118.6bn in 2013, as CIOs focus on customer satisfaction and revenue growth. This is according to global industry analysts Ovum, which finds that European banks are lagging behind their North American and Asia-Pacific counterparts, with just 1.8 percent growth expected, compared to 3.3 percent and 5.1 percent, respectively.

Tieto and Smolensky Bank (Russia) have signed a deal to develop the bank's payment card business by implementing a full in-house solution based on Tieto's Card Suite products. The solution will allow the Bank to perform all necessary functions to issue and acquire payment cards, including such business applications as Card Suite ATM Management, Fraud Detection, Dispute Management, E-Commerce with 3-D issuing and acquiring, Money Transfer Service, as well as a number of different interfaces to ensure full support of the Bank`s infrastructure.

Report from US fund D2D shows how computer games can be used to increase the financial literacy of millions of financially vulnerable individuals.