American Chartered Bank will deploy FIS’ Integrated Banking Services (IBS) core processing solution. As part of this multi-year agreement, FIS will also deliver several supporting products, including commercial ebanking, business ebanking, sales and service, as well as electronic funds transfer (EFT) solutions. The bank will use the NYCE Payments Network for point-of-sale (POS) and ATM transactions.
“We compete in a very challenging market,” said Ron Hunt, chief operations officer (COO), American Chartered Bank. “We knew that to continue competing for new customers, and to best serve our existing customers, we needed a core platform and new solutions that would allow us to decrease the time it takes to bring new products to market and operate more efficiently on a daily basis. We are confident that teaming with FIS will do just that.”
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.