Mandates and payments roundup, July 19

Fiserv wins a risk management mandate from RHB Bank, while Union Bank of India implements a payment solution from ElectraCard Services.

RHB Bank implements risk management solution from Fiserv

The RHB Banking Group RHB has selected a risk management solution from Fiserv, a provider of information management and electronic commerce systems for the financial services industry. The new system will help manage integrated and advanced liquidity, interest, market and credit risks as well as economic capital.

“Our current focus is on enhancing our presence locally and regionally, while continuing active retail and capital market efforts and expansion plans for our Islamic banking and global financial banking businesses,” said Patrick Ho, head of group risk at RHB, in a statement. “These goals add further urgency to our need...

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