Fundtech has revealed that 12 additional banks selected its PAYplus USA payments system during the fourth quarter of 2004. This brings the PAYplus USA customer base to a total of 130 institutions. Among the new banks are: Broadway Bank, Charter Bank, First State Bank of New Mexico, Provident Bank, and First Bank of Puerto Rico. According to Fundtech PAYplus USA clients attain high levels of automation with in excess of 90 per cent of payments being processed without manual intervention.
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.