Banking Technology

Maine Mutual Group powers growth by building out a service-oriented architecture and providing its independent agent network with comparative rating engines.

Futurity First CIO Keith Raymond says shoring up the company's web presence is one of his top goals.

The New York-based health plan will implement Portico Systems' Contract Manager, Courier and Negotiator solutions.

Zions Bancorporation EVP and CIO John Itokazu believes trust and collaboration among his technology team are keys to the company's success.

JPMorgan Chase & Co has appointed a new head of its commodities business in Asia to drive growth in the region, even as it closes its U.S. and UK proprietary trading desk.

European Union regulators would be able to ban abusive short selling of shares and naked selling of credit default swaps and sovereign debt for three months or more under a draft EU law seen by Reuters on Wednesday.

U.S. regulators did not grant Lehman Brothers the same assistance as its competitors, knocking out the possibility of an orderly unwind of the firm and aggravating the global crisis, former Lehman Chief Executive Dick Fuld said Wednesday.

A federal judge approved the creation of a $150 million fund for Bank of America Corp shareholders as part of a settlement with the Securities and Exchange Commission over the bank's 2009 acquisition of Merrill Lynch.

U.S. banking regulators see new powers under the Dodd-Frank financial reform law helping avoid a repeat of 2008's frenzied sale of Wachovia and the wreckage that followed the collapse of Lehman Brothers.

GFI Group has launched FENICS Exotics, a suite of pricing models it said can be used to price any type of exotic FX instrument.

JPMorgan Chase &Co has told commodities traders who bet with the bank's money that their desk will be shut down, as it looks to comply with new U.S. banking laws, a person briefed on the matter said.

Finance software provider worldflow announced that users of its Research Distribution Service can now route their research directly to clients by using its iPad application.

ABA survey conducted in conjunction with imposition of new restriction on overdraft fees indicates customers continue to value overdraft services.

Users of worldflow's Research Distribution Service can now distribute research directly to their customer base through their own branded iPad App.

C2 Options Exchange to Launch in Late October

Users can quickly identify relevant data sources, get metrics on total data versus potentially relevant data, and understand how much data could be eliminated, according to Guidance.

U.S. banking regulators see new powers under the Dodd-Frank financial reform law helping avoid a repeat of 2008's frenzied sale of Wachovia and the wreckage that followed the collapse of Lehman Brothers.

Authorities ordered the evacuation of all visitors from North Carolina's Hatteras Island Wednesday, citing the risk of dangerous waves as Hurricane Earl headed for the U.S. east coast.

goMoney lets iPhone users send payments to other cell phone users via text message.

An effective global sourcing strategy requires far more than focusing on labor rates and labor arbitrage, argues Howard Rubin, founder of Rubin Worldwide.