24 October 2014

All transaction banking news

Swift's MyStandards tool is to be made available via Deutsche Bank's Autobahn Apps Market.

Bank of America Merrill Lynch is tapping the technology behind its P2P payments service to launch a system that lets companies send money directly to customers' accounts using their mobile number or email address.


Ripple signs first two US banks

24 September 2014  |  5

Open source payments outfit Ripple Labs has snared deals with two US banks who plans to use its real-time settlement protocol for cross-border money transfers.

B2B payments startup Traxpay has raised £15 million in a series B funding round led by the incubation unit of Germany's Commerzbank, and announced a four-year relationship with MasterCard as it bids to achieve global scale.

Swift has given a strongly worded response to a European Parliament resolution calling on the EU to consider expelling Russia from the financial messaging network.

Finextra logo

Finextra expands into North America

19 September 2014  |  0

Just as fintech steps from the shadows into the mainstream, Finextra is establishing a local North American editorial presence.

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