HSBC Bank has selected Bottomline Technologies to become the sole supplier of HSBC’s branded Bacs-IP desktop software. Bottomline will also be the preferred supplier of Bacstel-IP solutions to the bank’s corporate clients. Bottomline has supplied HSBC’s direct debit and credit branded software to its corporate customers for the past five years. As part of the new agreement, Bottomline will migrate these existing customers to HSBC’s new Bacs-IP software. Bottomline will also work closely with HSBC to migrate all its Bacs direct submitter customers smoothly to Bacstel-IP in advance of the industry deadline on 31 December 2005.
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.