Landsbanki of Iceland has selected CBA, the Oslo-based banking software developer, to supply its IBAS Global Payment Factory (GPF) to handle the bank’s cross border payments. The installation of CBA’s IBAS Global Payment Factory at Landsbanki began in February 2003, and includes a number of applications within the IBAS Clean Payment product portfolio. It is anticipated that deployment will be completed within six months, while all the IBAS objects and applications ordered by the bank will be in production by summer 2003.
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.