The global financial firm conceived a highly disruptive new business model for a core banking franchise.
FORBES: 5 Practical Ways To Break Through Innovation Bottlenecks
Craft Silicon provides bespoke, cutting-edge software in core banking, microfinance, mobile, switch solutions and electronic payments for customers on four continents.
Family Bank has recently implemented an Oracle FLEXCUBE core banking system running on IBM hardware and the IBM AIX operating system.
FORBES: IBM Helps Sweeten Earnings for Kenyan Sugar Cane Cutters
To enter the American market, Temenos acquired TriNovus which runs core banking and compliance software as a service for about 20 U.S. banks.
FORBES: Outmoded IT Could "Evaporate" Big Retail Banks - Temenos
Retail banks are facing the same challenges travel agencies confronted a decade ago, says John Schlesinger, chief enterprise architect at Temenos, a core banking software company.
FORBES: Outmoded IT Could "Evaporate" Big Retail Banks - Temenos
That growth in the number of customer accounts has driven them to modernize their core banking software to handle the volumes and integrate their transaction banking with mobile channels.
FORBES: IBM Helps Sweeten Earnings for Kenyan Sugar Cane Cutters
Products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking product, which offers solutions to address core banking, mobile banking and e-banking needs of retail, corporate and universal banks worldwide.
We are working with supermarkets to pay for groceries using a phone and we have a whole list of more products coming, which is the reason we needed something more powerful for our core banking platform.
FORBES: IBM Helps Sweeten Earnings for Kenyan Sugar Cane Cutters
By focusing on our core relationship banking model, we continue to grow revenue, strengthen our balance sheet, become more efficient and maintain peer-leading capital levels.
FORBES: CCAR Roundup: Fed Clears Capital Return From Most Banks, Flags Issues For Four
This year, Southeast Asia has accounted for 17% of revenue in the Asia-Pacific region outside Japan in core investment banking, up from 15% for all of last year.
On Tuesday, the Swiss-based wealth manager announced it intended to publicly float the stock of its mutual fund subsidiary Julius Baer Americas, seeking to concentrate on its core private banking business.
In December, another former executive petitioned the board to divest all but Morgan's core investment-banking business.
Other assets yet to be identified will also be sold, leaving the group with core holdings in banking, telecommunications, property and manufacturing.
Because the core business of banking is taking in money at short-term interest rates and lending it back out at long-term interest rates.
Dissident shareholders, many of them former leaders of Morgan Stanley, have pressed for the dismantling of the firm, saying the parts are worth more than the sum and arguing that returning to its core investment-banking roots would boost growth.
The Commission noted that personal current accounts (PCAs) were the core product in personal banking.
Investors will also converge on the compelling opportunities in core economic sectors such as banking, mobile telecoms, internet, electricity, building materials, and food processing.
"We have gone from mobile as an experiment to mobile banking being a core experience that is just as important as the branches, call centers and the Internet, " said Ryan McInerney, who runs the New York bank's consumer-banking operations.
The core issue is that the Cyprian banking system, in fact the whole Eurozone banking system was and is an accident waiting to happen.
He said that free current accounts provided a barrier to entry into the UK retail banking sector because this core product "is usually given away for free", prompting banks to try to make profits by pushing other products.
With modern bank holding companies engaged in both the securities business and the commercial banking business (at its core taking deposits and making loans), how are the regulators going to mesh these laws together in their regulatory activities?
"We do think the Volcker rule address a core concern we had with proprietary trading by banking entities, " says Barr.
The bank was able to point to progress in shoring up its capital, reporting that core tier one capital if incoming Basel III banking rules were applied had reached 8 per cent, three months earlier than planned.
The company said that its revenues grew more than 5% over the same period last year and that it added a net 410, 000 postpaid subscribers to its core Sprint platform (excluding Nextel losses) banking on another quarter of healthy iPhone sales.
FORBES: Sprint's iPhone And Network Vision Plans Brighten Outlook
For example, in the case of a failing banking group, regulators could sell off its core activities - thereby maintaining continuity for depositors - while allowing the rest of the organisation to go through a bankruptcy process.
As I have written more than a few times in the past, data is pretty boring, but it is at the core of finance and all measurements, from customer profitability in retail banking to risk management in global institutions.
FORBES: Update on the Dodd-Frank Data Developments Like LEI from EDM Council
Banks and voters in core countries (let alone Britain, whose position in a more integrated European banking system is very muddy) would be reluctant to insure peripheral deposits.
On Dexia, it was only on July 15 that the European Banking Authority disclosed that this retail and public-sector finance bank would have a ratio of core Tier One capital to assets of 10.4%, even after incurring notional losses from harsh simulated financial and economic conditions.
The Bank of England's Financial Stability Review shows that Barclays' retail banking loans in Spain, Italy and bailed-out Portugal are equivalent to a bit more than its core equity capital - its buffer against losses.
BBC: Downgraded UK banks, bonuses and Bank of England support
应用推荐