CBA, the Oslo based International banking automation software developer, is entering the UK payments market with a newly developed Global Payment Solution that can process banks international payments with a STP Quality Level of more that 80%. During development of its latest IBAS system, CBA took a two-year sabbatical from the International sales arena to allow the Company to concentrate its research & development resources on devising the Java-based and object-oriented platform. IBAS comprises a modular suite of products, encompassing functions such as Trade Finance, Accounting Systems, Loan Management, Clean Payment and Forex & Money Market. The software’s functionality is based on a single core system, which uses a series of integrated tables, rules and objects, presented within a common graphical user interface.
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.