Payment news, January 4

FRSGlobal makes reporting solution available to foreign banks in Japan, while BPI selects payment system from Hypercom.

FRSGlobal reporting solution made available to foreign banks in Japan

Global provider of compliance and risk management solutions FRSGlobal has announced the incorporation of regulatory and legal reporting into its regulatory reporting solution for foreign banks in Japan. ANZ and two other global banks have already subscribed to this reporting solution as part of their multi-regulatory reporting frameworks.

“The regulatory reporting framework in Japan is notoriously difficult to manage from a foreign bank perspective, so we are very pleased that we can provide a fully functional reporting solution that addresses this market’s specific pain points,” said Stephen Thurley, vice-president for Asia-Pacific and Japan at FRSGlobal, in a statement. “With an...

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