Fiserv and SVPCo have agreed to formally cooperate on establishing system connectivity to allow for electronic exchange of check data and images between their client financial institutions. The firms claim that the agreement will make certain that participating financial institutions can attain the maximum value from image exchange regardless of their unique imaging strategies. Fiserv and SVPCo will work together to exchange ECP (electronic check presentment) data and images for both forward and return presentments. Fiserv, and SVPCo expect the partnership to create operational efficiencies for banks and reduce industry-wide operating costs by an estimated $2.1 billion annually.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.