Eiger Systems’ new product for the BACSTEL-IP marketplace, EigerPAY Gateway, has received approval by BACS, the automated clearing house that processes direct debits and direct credits on behalf of the UK banks. According to Eiger, this approval confirms that the product meets the functional and security standards required for products supporting BACSTEL-IP. The server component of EigerPAY Gateway is available for a wide choice of operating platforms and can either be installed on PCs as a Windows application or delivered as a web application over an intranet. The solution gives companies both full compliance with the requirements of BACSTEL-IP and a range of additional features.
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.