Posts Tagged ‘#BankingNews’

PaySett Corporation expands its regional payments partnership with Sagicor

The real time payments (RTP) solution PayExpedite® will further expand the financial institution’s payment capabilities in Barbados under the Amazon Web Services (AWS) platform.

ATLANTA and BRIDGETOWN, Barbados, Oct. 24, 2023 /PRNewswire-HISPANIC PR WIRE/ – PaySett Corporation a global provider of payment solutions and Sagicor Bank (Barbados) announced today the launch of the bank’s new real time payments service based on the ISO 20022 messaging standard running under the AWS platform.

George Thomas, CEO Sagicor Bank Barbados

George Thomas, CEO of Sagicor Bank (Barbados) stated, “As the region’s first digital bank, we are duty bound to work with our partners to ensure that their technology posture is robust, modern, and forward-thinking. We partnered with PaySett to future proof their solution and as such we worked with them to certify their platform in the cloud. This is a mutually beneficial and monumental achievement which is the first of its kind in the anglophone Caribbean.”

Jesus Garcia VP of Business Development at PaySett Corporation added, “The Sagicor Bank real time payments implementation with our market proven PayExpedite® solution demonstrates the product’s flexibility to adapt to different operating environments of our customers while at the same time providing seamless integration with Sagicor Bank’s core banking system and origination channels, as well as the local clearing house. Our research indicates that over the coming years regional financial institutions will be looking to move some of their infrastructure to cloud platforms such as AWS in order to streamline operations and reduce costs. We are delighted to support these efforts. Additionally Sagicor Bank’s future electronic payment offerings will be backed by a world class payments engine that will complement the bank’s future strategy and is capable of supporting different types of payment services including P2P, digital wallets, eCommerce, and others for consumers, businesses, and government institutions.”

About PaySett Corporation

Atlanta Georgia based PaySett Corporation is a global provider of payment software solutions. PaySett provides products/services that allow global financial institutions  to effectively manage the way money moves throughout their organizations and for their customers. PaySett’s two decades of experience moving payments through national and international payment networks has allowed for the development of advance payment software for assisting global institutions with the capability to enhance their regional and global payment network processing capabilities. Twelve of the top twenty global financial institutions process payments through PaySett software.

About Sagicor Bank (Barbados)

Sagicor Bank (Barbados) is a dynamic digital financial institution offering commercial banking services to personal and business clients. We provide unmatched benefits and convenience to clients in our portfolio supported by a diversely skilled team located in Barbados. We are leading the digital banking revolution by boldly presenting banking options that are easy-to-get, simple-to-use, safe and secure and rewarding. Find out more by visiting www.sagicor.bank, Instagram, Facebook, LinkedIn, Twitter or YouTube.

Sagicor Bank is a wholly-owned subsidiary of Sagicor Financial Company. Sagicor Financial Company Ltd. (TSX: SFC) is a leading financial services provider in the Caribbean, with over 180 years of history, and has a growing presence as a provider of life insurance products in the United States. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, and real estate. Sagicor’s registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St. Michael, Barbados. Additional information about Sagicor can be obtained by visiting www.sagicor.com

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ERI teams up with iSoftware4Banks to offer OLYMPIC Banking System to banks and financial institutions in the USA

MIAMI, April 5, 2023 /PRNewswire-HISPANIC PR WIRE/ — ERI is proud to announce its partnership with iSoftware4Banks to address the technology needs of banks and financial institutions in the North American market. iSoftware4Banks will provide extensive knowledge of the banking market and its regulatory and business expertise to bring ERI’s leading technology platform, OLYMPIC Banking System, to the North American market. This agreement addresses a growing need for local banks and financial institutions – including retail, corporate and private banks, as well as credit unions, community banks, and neo and challenger banks – to make technology a priority in their business development strategy. By digitalizing processes from front-to-back office through on premises or cloud implementations, making a better and more intuitive use of data, financial institutions will be able to deliver an optimized and personalized user experience to their customers.

iSoftware4Banks’ team of bankers, industry insiders, investors, and operations specialists share a solid commitment to the banking sector. The company provides banks with the latest innovative automation resources and service providers available for optimizing operations.

Jean-Philippe Bersier, ERI’s Director of Sales & Marketing, says, “We are excited to announce this initiative as a key milestone to accelerate our business expansion in the region. The North American market is not unknown to ERI as we currently have clients using our system in the US as well as in Canada. Teaming up with iSoftware4Banks will open up new opportunities for growth.”

Vincent Raniere, Chairman and CEO at iSoftware4Banks states, “We are looking forward to promoting the expansion of ERI’s reach within the US market. We are confident our partnership with ERI, coupled with our extensive experience, will help to further strengthen our capabilities for promoting OLYMPIC Banking System’s benefits to key relationships, and other institutions seeking optimization and innovative solutions within the financial sector.”

ERI is an international company specializing in the design, development, distribution and support of the integrated, real-time banking and wealth management software package: OLYMPIC Banking System®. ERI is focused on providing comprehensive, quality software with effective system implementation assistance and efficient ongoing maintenance and support for clients worldwide.

iSoftware4Banks, Inc. is a leading provider of go-to-market services to companies selling to the banking and finance sector.

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RBC invites participants around the world to experience reimagined, virtual Race for the Kids event

A new mobile app will keep participants connected as they run, walk, or roll in support of 35 youth-focused charities in 19 countries

TORONTO, Aug. 16, 2021 /PRNewswire-HISPANIC PR WIRE/ – Due to the ongoing impacts of COVID-19, RBC Race for the Kids will return in its global, virtual format for an event weekend on October 16-17, 2021. Today, RBC opened registration for the event weekend and announced plans for its reimagined, virtual participant experience with a new mobile app.

RBC Race for the Kids wordmark and screenshots of the new mobile app

At the onset of the COVID-19 pandemic, RBC proactively pivoted its long-running RBC Race for the Kids event series to a global, virtual format – ensuring it could continue to support young people around the globe while facing necessary restrictions for public gatherings. As a result, $8.8 million was raised by over 33,000 participants in 2020, benefiting dozens of youth-focused charity partners whose supports and services were needed more than ever.

Through the mobile app, participants can stay connected and competitive

A new way to race
RBC Race for the Kids is open to all, regardless of geography, age, or fitness ability. Participants can register for free on rbcraceforthekids.com – an integrated registration and fundraising platform providing a seamless experience.

New for 2021, RBC Race for the Kids participants will experience the event weekend through a mobile app. After registering, participants can download the app to begin engaging with its many exciting, interactive features, including:

  • Selecting a pre-determined distance to complete in their local community (with no set routes). Based on their chosen distance, the app will share a series of audio cues during the event to encourage and excite participants towards their personal finish line.
  • Choosing the most convenient method of recording their activity: through the integrated, in-app tracker or by linking to a wearable fitness device.
  • Tracking training kilometers/miles, competing against individuals or teams to climb leaderboards, and following their peers’ training activity.
  • Recording their event performance and sharing their route map/photos within the app event feed –or posting to their personal social media channels.
  • Unlocking the app’s augmented-reality lens to use face filters and digital medals during and after completing their event – which can also be posted to their personal social media channels.

Participants are encouraged to complete their run, walk, or roll independently or with family members and friends, while observing local public health advice and government guidelines.

Support youth from wherever you are
Regardless of where participants are physically located, they can choose to support any of the 35 participating charity partners during their registration process. Located around the globe, all participating partners offer critical supports and services for youth in their local communities.

RBC Race for the Kids’ 2021 partners include:

Prior to 2020, RBC Race for the Kids events took place in 17 physical locations, including: Bahamas, Barbados, Calgary, Chicago, Hong Kong, Jersey, Kuala Lumpur, London, Montreal, New York, Ottawa, Seattle, St. Paul, Sydney, Toronto, Trinidad & Tobago, and Vancouver. To date, the series has seen over 290,000 participants who have collectively raised more than $65 million.

In addition to continuing to host RBC Race for the Kids, RBC has committed $13 million to date towards food security, mental health, and strategic preparedness in response to the COVID-19 pandemic. In 2020, RBC aligned more than $140 million in donations to its strategic priority pillars, directing funds to local community organizations and causes in the places where it operates.

To learn more about RBC Race for the Kids, its charity partners, or the virtual event experience, visit: rbcraceforthekids.com.

About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 86,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.‎

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

RBC

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Hamilton Reserve Bank, Formerly Nevis International Bank & Trust, Completes Rebranding as A Leading Bank in the Hometown of Alexander Hamilton

NEW YORK and ST. KITTS AND NEVIS, March 22, 2021 /PRNewswire-HISPANIC PR WIRE/ – HAMILTON RESERVE BANK (www.hrbank.com), formerly Nevis International Bank & Trust, announces the completion of the Bank’s rebranding as the leading hometown bank of Alexander Hamilton, a Founding Father of America. Hamilton Reserve Bank combines powerful modern banking services with the legacy of Alexander Hamilton.

Hamilton Reserve Bank Logo

Hamilton Reserve Bank is the largest global bank in the region with worldwide offices and customers. The Bank’s rebranding reflects its global presence, “fortress” balance sheet, and rapidly expanding customer base from more than 150 countries. The Bank’s operations, compliance, control, and SWIFT code NIBTKNNE remain the same.

Hamilton Reserve Bank offers white glove banking solutions in 10 different currencies to a worldwide clientele of large institutions, individuals, businesses, and ultra-high-net-worth family offices seeking reliable, holistic, and efficient international banking and investment solutions. Certified annually by Grant Thornton, the Bank’s auditor, Hamilton Reserve Bank maintains a pristine regulatory history and is committed to a best practices approach in all aspects of its business.

About HAMILTON RESERVE BANK

HAMILTON RESERVE BANK (www.hrbank.com) is a fully regulated global bank (SWIFT: NIBTKNNE) with a deep British heritage. Powered by advanced modern banking technology, the Bank offers personal banking, business banking, and investment solutions in 10 different currencies across 150+ countries, serving a large, rapidly expanding worldwide clientele. The Bank has a “fortress” balance sheet, zero customer loan exposure, pristine compliance history, an exceptional CET1 capital ratio, strong customer privacy protection, speedy client onboarding, and 24/7 mobile banking. The Bank’s independent asset management affiliate is regulated by the U.S. SEC, which advises the Morningstar 5-Star rated, New York Stock Exchange listed Volshares Large Cap ETF (NYSE stock symbol: VSL), a top 1% performer three years in a row. Hamilton Reserve Bank engages in four areas: Banking, Trust & Escrow, Capital Markets, and Asset Management. Headquartered on a large bank compound at the Hamilton Reserve Bank Plaza in St. Kitts & Nevis, Alexander Hamilton’s birthplace and a thriving British Commonwealth nation, Hamilton Reserve Bank is the largest global bank in the region, maintaining worldwide offices and global customer support.

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Highgate Systems Appoints Kelley Gray as Managing Director

CaribPR Wire, MISSISSAUGA, Ontario, Nov. 22, 2019: Highgate Systems Inc. today announced that Kelley Gray, has been named interim Managing Director of Highgate Systems Inc., replacing Aldo Campodonico effective immediately.

After 3 years, Aldo and Highgate Systems Inc. have decided to part ways and we wish to thank Aldo for his contribution to Highgate Systems.

Reporting to Highgate’s Board of Directors, Kelley will focus on strategies and tactics in support of the company’s future global growth initiatives.

Kelley remarked, “My key to success has been built on a passion for building strong relationships and obtaining results through collaboration. I am very excited to have this opportunity to contribute to Highgate’s present and future growth.”

Barry Walsh, Highgate’s Chairman said, “On behalf of the management and staff at Highgate, I’d like to congratulate Kelley on her appointment to the leadership team and wish her every success in her new role.”

Kelley, brings over 25 years of technology experience in executive management roles for companies such as: Symcor, Manulife Canada, CGI, Bell and Sun Microsystems. Her diverse background in the area of information technology, financial services, telecommunications, and government will be an invaluable asset to Highgate Systems Inc.

In addition to her impressive professional qualifications and experience, Kelley maintains an interest in both professional and recreational sporting activities. She is an accomplished golfer, hockey player, softball player and bowler.

About Highgate
Highgate Systems Inc. is a trusted provider of fully integrated, end-to-end Banking solutions to the financial services industry. Founded in 1986, Highgate Systems, technological footprint and Clients spans across Canada, the U.S and the Caribbean. Highgate Systems Inc. is a proudly Canadian Company delivering cutting edge solutions to Commercial Bank, Development Banks and Credit Unions.

Highgate Systems nombra a Kelley Grey como Directora General Interina

CaribPR Wire MISSISSAUGA, Ontario, Nov. 27, 2019: Hoy, Highgate Systems Inc. (Highgate) anunció que Kelley Grey, fue nombrada Directora General Interina de Highgate, en reemplazo de Aldo Campodonico.

Después de tres años trabajando en conjunto, Aldo y Highgate decidieron emprender rumbos diferentes. Queremos agradecerle a Aldo por sus contribuciones a Highgate.

Kelley, que estará bajo la supervisión de la junta directiva de Highgate, se enfocará en estrategias para apoyar las futuras iniciativas de crecimiento global de la empresa.

Kelley destacó: “Mi clave para el éxito ha sido la dedicación para construir relaciones sólidas y obtener resultados a través de la colaboración. Estoy muy entusiasmada por tener esta oportunidad para contribuir al crecimiento de Highgate tanto en el presente como en el futuro”.

Barry Walsh, Presidente de Highgate, dijo: “En nombre de la Gerencia y el personal de Highgate, me gustaría felicitar a Kelley por su nombramiento y desearle mucho éxito en su nueva función”.

Kelley tiene más de 25 años de experiencia técnica en funciones de administración ejecutiva para empresas como: Symcor, Manulife Canadá, CGI, Bell y Sun Microsystems. Su experiencia integral en las áreas de tecnología de la información, servicios financieros, telecomunicaciones y Gobierno será un recurso invaluable para Highgate.

Además de sus impresionantes calificaciones profesionales y experiencia, Kelley mantiene un interés en actividades deportivas tanto profesionales como recreativas. Es una excelente jugadora de golf, de hockey, de softball y, además, de boliche.

Acerca de Highgate
Highgate Systems Inc. es un proveedor confiable de soluciones bancarias integradas punta-a-punta, para la industria de servicios financieros. Fundada en 1986, la tecnología y los clientes de Highgate Systems se extienden por Canadá, Estados Unidos y el Caribe. Highgate Systems Inc. es una empresa orgullosamente canadiense que ofrece soluciones de vanguardia a bancos comerciales, bancos de desarrollo y cooperativas de crédito.

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Parkland announces launch of new JOURNIE™ Rewards Canadian customer loyalty program with CIBC as its strategic banking partner

CaribPR Wire, CALGARY, Alberta, Oct. 17, 2019: Parkland Fuel Corporation (“Parkland”) (TSX:PKI) announced today that it is launching JOURNIE™, a nationwide rewards and customer loyalty program with CIBC as its strategic banking partner. JOURNIE™ will offer Canadians compelling fuel savings and merchandise offers and will launch in select Ontario, British Columbia and Quebec markets this fall with a full national rollout in early 2020.

JOURNIE™ members that link their personal CIBC credit and debit cards will enjoy fuel savings of three cents per litre at participating locations when paying with their CIBC card. Following its full national rollout, JOURNIE™ Rewards and the CIBC fuel savings will be available across Parkland’s coast-to-coast network of approximately 1,300 Chevron, Ultramar, Pioneer and Fas Gas sites. In addition to instant fuel savings, customers can simultaneously collect JOURNIE™ Rewards as well as rewards they already earn with their CIBC credit card.

“The launch of our JOURNIE™ Rewards program and CIBC’s participation is a major milestone for Parkland,” said Ian White, Senior Vice President of Strategic Marketing and Innovation. “By connecting our national network of fuel retail sites and On the Run and Marché Express convenience stores under a single proprietary rewards program with compelling fuel and merchandise offers, we are creating a powerful customer loyalty offer with nationwide scale.”

“This is an exciting loyalty program bringing together two innovative and customer focused companies that have an extensive nationwide retail presence and broad consumer reach,” added White. “In addition to enhancing our JOURNIE™ value proposition, our partnership with CIBC supports our strategy to grow our fuel sales volumes and increase foot traffic in our Canadian convenience stores.”

“This partnership builds on our exceptional credit card benefits, such as our four per cent cashback on fuel purchases with our CIBC Dividend® Visa Infinite* Card,” said Jeff Smith, Vice President, Client Loyalty Solutions and Partnerships, Personal Banking Products, CIBC.  “With JOURNIE™ Rewards, we’re making it radically simple for our clients to receive discounts at the pump, while helping them achieve their reward ambitions sooner.”

Parkland’s JOURNIE™ Rewards program is supported by a newly developed mobile app which will be available for anyone to download on iOS and Android platforms from October 23, 2019. For more information on JOURNIE™ and how to become a registered member please visit www.journie.ca.

Forward-Looking Statements
Certain statements contained in this news release constitute forward-looking information and statements (collectively, “forward looking statements”). When used in this news release, the words “expect’’, ‘‘will’’, ‘‘could’’, ‘‘would’’, ‘‘supports’’ and similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, launch of JOURNIE™ in early 2020, the availability of JOURNIE™ in Parkland’s coast-to-coast network, growth of fuel sales volumes and increase foot traffic in our Canadian convenience stores.

These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These forward-looking statements speak only as of the date of this news release. Parkland does not undertake any obligations to publicly update or revise any forward-looking statements except as required by securities laws. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to: failure to achieve the anticipated benefits of the JOURNIE™ loyalty program, general economic, market and business conditions, industry capacity, competitive action by other companies, refining and marketing margins, the ability of suppliers and/or strategic business partners to meet commitments, actions by governmental authorities and other regulators including increases in taxes, changes and developments in regulations, and other factors, many of which are beyond the control of Parkland. See also the risks and uncertainties described under the headings “Cautionary Statement Regarding Forward-Looking Information” and “Risk Factors” in Parkland’s current Annual Information Form, and under the headings “Forward-Looking Information” and “Risk Factors” in Parkland’s Management’s Discussion and Analysis for the most recently completed financial period, each as filed on SEDAR and available on Parkland’s website at www.parkland.ca.

About Parkland
Parkland is an independent supplier and marketer of fuel and petroleum products and a leading convenience store operator. Parkland services customers across Canada, the United States, the Caribbean region and the Americas through three channels: Retail, Commercial and Wholesale. Parkland optimizes its fuel supply across these three channels by operating and leveraging a growing portfolio of supply relationships and storage infrastructure. Parkland provides trusted and locally relevant fuel brands and convenience store offerings in the communities it serves.

Parkland creates value for shareholders by focusing on its proven strategy of growing organically, realizing a supply advantage and acquiring prudently and integrating successfully. At the core of our strategy are our people, as well as our values of safety, integrity, community and respect, which are embraced across our organization. *JOURNIE and associated work marks are trade-marks of Parkland Fuel Corporation.

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