Eiger Systems has developed a module of its software for validation of bank account details for use in the Republic of Ireland. The software, called Bank Wizard is used by direct debit and direct credit originators in the UK, France, Germany, Italy, Belgium, The Netherlands, Spain and Portugal. The Irish software is an additional country module providing users with the ability to validate bank details for bank accounts that use either the IRECC (Irish Retail Electronic Payments Clearing Company) or IRIS (Irish Real-time Interbank Settlement Company) payment systems. The Software complies with the new modulus validation rules that came into effect on 1 May 2005 with the introduction of Paperless Direct Debit (PDD).
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.