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Bank of Cyprus transforms payment capability with Dovetail

Solution supports SWIFT, Target2, SEPA Credit Transfers and Direct Debits and provides base for transformation program

London, 15 February 2017,Dovetail, the provider of best-in-class payments and liquidity management solutions, has today announced that Bank of Cyprus has selected the Dovetail Payment Solution to equip the bank with payment hub functionality covering SWIFT, Target2, SEPA Credit Transfer and Direct Debits. The project will provide the payments foundation for its on-going digital transformation program.

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Dovetail congratulates BMO on winning the 2016 Banking Technology Award for “Best Corporate Payments System/Service Initiative” for its’ Enterprise Wire Payments System

Dovetail congratulates BMO on winning the 2016 Banking Technology Award for “Best Corporate Payments System/Service Initiative” for its’ Enterprise Wire Payments System 02 December 2016 Parsippany, New Jersey, London, Dovetail, the provider of best-in-class payments and liquidity management solutions, congratulates Bank of Montreal (BMO) for winning the 2016 Banking Technology [...]

Dovetail announces readiness for US Real-time Payments with The Clearing House

Dovetail announces readiness for US Real-time Payments with The Clearing House 16 November 2016 Parsippany, New Jersey, Dovetail, the provider of best-in-class payments and liquidity management solutions, today announces the readiness of its solutions for the Real-time Payment (RTP) system being developed by The Clearing House (TCH) and its active [...]

Dovetail announces US ACH implementation

Dovetail announces US ACH implementation 26 September 2016 Parsippany, New Jersey, Dovetail, the provider of best-in-class payments and liquidity management solutions, today announces the first implementation of the Dovetail Payment Solution for US ACH to support full NACHA processing of originations and receipts. A large US bank has signed an agreement [...]

Dovetail opens expanded headquarters in New Jersey to cater for global growth in payment solution demand

Dovetail opens expanded headquarters in New Jersey to cater for global growth in payment solution demand 23 August 2016 Parsippany, New Jersey - Dovetail, the provider of market leading payments and liquidity management solutions, today announces the opening of an expanded headquarters in New Jersey.  Dovetail’s new offices provide [...]

Dovetail research highlights the real-time payments challenge for banks

Dovetail research highlights the real-time payments challenge for banks 15 April 2016 Parsippany, New Jersey, Research recently completed by Dovetail with the majority of leading US banks has highlighted the challenge all banks are trying to address – namely introducing real-time payments as a competitive imperative, across multiple clearing [...]

Dovetail provides state-of-the-art payments capability

March 30th 2016
Solution enables BMO Harris Bank to deliver a faster and more seamless payment processing experience to customers.

Dovetail at centre of European instant payments discussions

Dovetail at centre of European instant payments discussions 09 March 2016 London: The EBAday Business Forum, featuring Dovetail, leading European banks, SWIFT and the EBA takes place today in Amsterdam, examining in-depth the changes that the new instant payment infrastructures will bring to a bank’s business Instant payments are now [...]

Industry survey shows 69% of bank payment systems unsuitable for instant payments challenge

08 October 2015
London, UK and Parsippany, New Jersey, US - In a global survey of financial institutions, commissioned by Dovetail and conducted in September 2015, 69% of senior level bankers acknowledged that upgrading their bank's payment systems to cope with instant payments is one of their key challenges, with only a minority of banks beyond the requirements gathering stage of systems development. Despite this, 66% believe that their bank will have instant payments live within two years.

Dovetail announces new solutions for centralized routing, repair and enrichment of payments

08 July 2015
Dovetail, the provider of market leading payments and liquidity management solutions, announces today new intelligent routing, repair and enrichment solutions to extend its Smart Middle Office payment management suite, allowing banks to solve complex payment business challenges without entering into costly legacy renovation projects.

Dovetail opens new European Fintech headquarters

June 9th 2015
London, UK, Dovetail, the provider of market leading payments and liquidity management solutions, today announces the opening of its new European headquarters at 2 Minster Court in the City of London.

Dovetail announces its Canadian Payments Solution for ACSS – future proofed for Canada’s adoption of ISO20022

March 11th 2015
Toronto, Canada, Dovetail, the provider of market leading payments and liquidity solutions, today announces the availability of its Canadian Payments Solution for ACSS to assist banks in managing the changing payments landscape, including the adoption of ISO20022.

Dovetail Opens Canadian Office as Canadian Banks Increase Their Focus on Payments

November 25th, 2014
Dovetail, a leading provider of market ready payment and liquidity management solutions will open a Canadian office in Toronto as Canadian banks focus on improving the customer experience and revenue potential of their payments lines of business.

Dovetail strengthens its senior management team with a key appointment from Visa

September 30th, 2014
Dovetail, the leading provider of banking solutions for optimising the management and movement of funds, has strengthened its senior management team with the appointment of Jonathan Valentine, as Chief Marketing Officer.

Dovetail Payments Experts to Provide Insight at NACHA PAYMENTS 2014

April 3rd, 2014
New Jersey - Dovetail, a leading provider of next generation enterprise banking solutions, today announces that Rossana Salaris, Director, Product Management will be speaking at NACHA Payments 2014 alongside Nancy Atkinson, CCM - Senior Analyst, Aite Group and Paula J. Rowe - VP, Senior Product Manager, PNC Bank.

Dovetail launches packaged solution for addressing BCBS intraday liquidity monitoring compliance

March 11th, 2014
Dovetail, a leading provider of next generation enterprise banking solutions, today announces the market availability of the Dovetail BCBS Intraday Liquidity Monitoring Solution, specifically designed to address the intraday monitoring requirements of the Basel Committee on Banking Supervision (BCBS), including the seven monitoring tools.

Dovetail recognised as one of the hottest FinTech firms in Europe

February 13th, 2014
Dovetail listed on the FinTech50 2014 - a guide to game-changing technologies across Europe which are redefining financial services.

Dovetail named “Best-in-Class” in three out of four categories in Independent Payment Services Hub Research Report

July 3rd, 2013
Dovetail, the leading provider of next generation payment services hubs, today announces that the Dovetail Payment Services Hub has received three "Best-in-Class" mentions in a new CEB TowerGroup Payment Services Hub vendor assessment.

Dovetail recognised as one of the hottest FinTech firms in Europe

March 19th, 2013
Dovetail listed on the inaugural FinTech 50 Watchlist, a guide to game-changing technologies across Europe which are redefining financial services.

KBC Bank Ireland deploys Dovetail for SEPA

May 16th, 2013
Dovetail, the provider of next generation payment services hubs, today announces that KBC Bank Ireland has selected, implemented and gone live with SEPA Credit Transfers on the Dovetail Payment Services Hub.

Dovetail receives another major industry accolade

January 9th, 2013
Dovetail, the provider of next generation payment services hubs, today announces that it has received another major industry accolade. At a gala reception held in London, England, Dovetail was announced as the recipient of the prestigious ifs School of Finance Award for Most Innovative Financial Services Solution.

Dovetail receives major industry accolade

December 11th, 2012
Dovetail, the provider of next generation payment services hubs, today announces that it has received a major industry accolade. At a gala reception held in London, England, Dovetail was announced as the recipient of the coveted Banking Technology Readers’ Choice Award for Best Payments Product or Service for the Dovetail Payment Services Hub. The award is hotly contested with entries from around the globe.

RBS selects and implements Dovetail’s Intraday Cash and Liquidity Dashboard

October 23rd, 2012
Dovetail, the provider of next generation payment services hubs, today announces that RBS has selected, implemented and gone live on the Dovetail Intraday Cash and Liquidity Dashboard. RBS, having selected the system in late 2011, went live in the summer of 2012. The system enables RBS to capture, analyse and report on real-time and historical data for intraday client balances and transactions data as well as RTGS and currency correspondent balances and transactions.

Dovetail increases its commitment to the Italian market

July 30th, 2012
Dovetail, the provider of next generation payment services hubs, is today announcing a significant commitment into Italy to support its existing customers and the wider Italian banking industry.

Dovetail continues innovation in payment processing with release of latest comprehensive NACHA solution

April 26th, 2012
Dovetail, the provider of next generation payment services hubs, today announces the release of the Dovetail NACHA Reference Solution enabling real-time, item-level processing for all payments, irrespective of initiating channel. Engineered from existing capabilities of the Dovetail Payment Services Hub, the NACHA Reference Solution is pre-configured to enable out-of-the box processing of NACHA payments.

HSBC, Europe’s largest bank, embarks on European volume payments programme with Dovetail

March 1st, 2012
Dovetail, the provider of next generation payment services hubs, today announces that HSBC is implementing the Dovetail Payment Services Hub for its European Volume Payments System. The Dovetail Payment Services Hub will initially process SEPA Credit Transfers and SEPA Direct Debits as well as automatically managing both Debtor and Creditor mandates for 11 countries. The project supports HSBC's expanding European presence and underscores the bank's readiness for, and commitment to, the upcoming SEPA end-date regulation.

Dovetail Expands Worldwide Coverage with Three Key Appointments

February 14th, 2012
London and New Jersey– 14 February 2012, Dovetail, the provider of next generation payment services hubs, today announces three key appointments that will see the company expand into new regions in Europe and North America.

Dovetail Signs on Bank of Montreal (BMO) for Its Payment Services Hub

January 31st, 2012
London and New Jersey – Dovetail, the provider of next generation payment services hubs, today announces that BMO Financial Group (BMO) has signed a contract and started to implement the Dovetail Payment Services Hub.