FinTech 100 to be Featured at BAI Retail Delivery 2013
American Banker and Bank Technology News, SourceMedia’s resources for banking and financial services professionals, and IDC Financial Insights, a provider of independent research and advisory services for financial institutions—are again collaborating with BAI, a financial services research and education organization, to host the FinTech 100 and FinTech Enterprise 25 events at the annual BAI Retail Delivery Conference, November 5-7 in Denver, CO.
“BAI Retail Delivery is a great setting to showcase our comprehensive ranking and spark a discussion of innovation, bank technology, and new sources of revenue for the financial services industry,” said Penny Crosman, editor-in-chief of Bank Technology News.
We are certain to see interesting movements among the rankings within the FinTech 100, highlighting those vendors that have thrived and retained an innovative posture as the global economy begins to improve. These are the solution providers that are shaping the future of financial services," said Karen Massey, senior analyst for IDC Financial Insights.
The FinTech 100 is the only ranking of its kind designed to formally recognize the leading 100 global technology and service providers to the financial services industry. Both FinTech 100 and FinTech Enterprise 25 rankings are based on quantifiable data and public company information, verified through personal interviews and analyses conducted by IDC Financial Insights. This year’s roster of awardees, published as a special report in the November 6th issue of Bank Technology News, will mail with the same issue of American Banker. The 2013 ranking will contain a comprehensive brief of statistics and revenue on suppliers of hardware, software and services to the financial services industry.
SmartStream TLM receives Swift accreditation
SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that its TLM solutions have received SWIFT accreditation for corporate actions, reconciliations, and exceptions and investigations management.
This is the 16th year SmartStream has received accreditation from SWIFT and further demonstrates SmartStream's commitment to keeping pace with industry standards and ongoing adherence to SWIFT compliance. SWIFT certification is awarded to companies that demonstrate a track record of proven technology and expertise. Darryl Twiggs, EVP product Management, SmartStream, commented:
"Achieving accreditations of this nature are highly important as they show the power of our technology and how it adapts to changing market requirements. It is critical for our customers to be confident that our solutions comply with strict industry standards and are of the highest quality. This achievement further reflects SmartStream's commitment to the on-going investment in our solutions, particularly with TLM Reconciliations Premium, TLM Corona and TLM Corporate Actions".
KeyBank utilises FIS prepaid card tech
FIS (FIS), the world's largest provider of banking and payments technology, announced that Cleveland-based KeyBank has selected it to provide a full front-to-back prepaid solution that will enable the bank to create a new payments channel for its business and public sector clients.
The multi-year agreement – which will include transaction processing, integrated voice response for customer care and card fulfillment – will offer KeyBank's clients a way to improve customer satisfaction and efficiencies by making funds more easily available to their customers. "KeyBank sought a suite of prepaid-based payment product offerings that delivered benefits to its customers," said Anthony Jabbour, EVP, North American Financial Institutions, FIS. "Our longstanding relationship with KeyBank allowed us the ability to analyze their entire payment landscape and provide customized solutions aligned with their commercial payments strategy."
hyperWALLET Chooses Earthport to Enhance Cross-Border Payments Service
Earthport, a leading provider of cross-border payment services, today announced an agreement with hyperWALLET Systems Inc., a leading provider of global payment solutions, to enhance cross-border payments for corporate customers. Under the new agreement, hyperWALLET will leverage Earthport’s global network to deliver more competitive payments services to a greater number of countries.
Adopting Earthport enables hyperWALLET to route cross-border payments more efficiently resulting in faster payment processing and improved customer service. Corporate customers will be able to benefit from a more cost efficient, predictable and transparent service, with advance disclosure of payment settlement dates and all fees involved. Since the launch of the new service, hyperWALLET has already started to expand its payments network, unveiling new country routes to customers as part of a phased plan.
“The collaboration with Earthport demonstrates our commitment to enhancing our offering and expanding our global payment capabilities to deliver superior services to our customers,” said Lisa Shields, president and CEO of hyperWALLET Systems Inc.
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