RZB Austria will be using iGlobal Banker, to power a new Internet Banking service for its corporate and financial institution customers. The new system, called RZB F@ST (Financial Accurate and Secure Transactioning) will be offered to banks in emerging markets which do not have SWIFT access, especially those banks in Central Eastern Europe that have been using Telex communication for bank transfers and commercial payments. The banks will be able to send Single Customer Credit Transfers, Financial Institution Transfers for their own accounts and General Financial Institution Transfers. Additional features including the Confirmation of Credit, Confirmation of Debit, Fixed Loan/Deposit Confirmation, Interim Transaction Report.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.