ACI Worldwide, an international provider of payment systems, has launched a new thought leadership whitepaper. ‘Payments Innovation in Wholesale Banking: A Strategic Roadmap’ gives clear, practical advice to financial institutions to help them drive innovation in what has become a commodity market.
The whitepaper outlines the vital need for payments innovation in wholesale banking in the context of a cost-cutting environment. It also pinpoints the ways in which financial institutions can provide true differentiation and better compete with existing and new players.
In other news, ACI has hired James Farrell as managing director for the Pacific region, covering Australia and New Zealand. Farrell brings experience in payments, cards and core banking to the role at ACI, and will be focused on strengthening and extending ACI’s relationships with financial service providers and retailers in the region. He will report to Jeremy Wilmot, president for Asia-Pacific.
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.