Banco Popular North America, the US banking subsidiary of Puerto Rico-based Popular Inc, one of the country’s 30 largest financial institutions, has selected Accurate Software’s Operational Risk Management solution, Accurate NXG, to reconcile its cash and internal ledger accounts. Accurate NXG will help Banco Popular North America identify and resolve exceptions and reduce its exposure to operational risk.
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.