Transaction banking

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/Transaction banking

25% of banks feel US should move directly to real-time payments - ACI Worldwide survey

As a follow up to its 2014 survey of market experts within financial organizations, an updated 2015 survey by ACI Worldwide (ACIW) highlights that nearly 25 percent of respondents believe the U.S. should move directly to real-time faster payments.

/Transaction banking

Hays Littlejohn takes over from Gilbert Lichter as EBA Clearing CEO

Hays Littlejohn took office at EBA CLEARING as the Company’s new Chief Executive Officer on 1st May 2015, following his appointment by the EBA CLEARING Board on 1st November 2014.

/Transaction banking

Saxo Bank selects Corvil data monitoring tech

Corvil, the network data analytics company for business in the Now™, today announces that its platform has been chosen by Saxo Bank, the online multi-asset trading and investment specialist, as their end-to-end data monitoring solution.

/Transaction banking

SmartStream opens Riyadh office

SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that it has expanded its global operations with the opening of a new office in Riyadh WTC.

/Transaction banking

Bank of the West implements OpenLink Findur

OpenLink, the global leader in trading and risk management solutions to the financial services, corporate, energy, and commodities industries, today announced that Bank of the West has implemented OpenLink’s Findur solution for its Capital Markets and Treasury operations.

/Transaction banking

PrimeRevenue completes $80 million financing round

PrimeRevenue, Inc., the global leader in SaaS-based working capital finance solutions, announced today the successful completion of an $80 million financing round co-led by BBH Capital Partners (BBHCP), a private equity firm sponsored by Brown Brothers Harriman & Co. and Battery Ventures, a global investment firm.

/Transaction banking

Banking errors pushing Canadian companies to alternative finance providers

Poor service is pushing companies to look for alternative banking options, according to EY's global commercial banking survey: Advancing service in a digital world.

/Transaction banking

HSBC names Lewis Sun head of payments and cash management, China

Lewis Sun has been appointed as Head of Payments and Cash Management (PCM) for HSBC in China, effective 12 February 2015. In his role, he will work closely with both HSBC’s Commercial Banking and Global Banking businesses to drive business growth in China.

/Transaction banking

HSBC joins $21m Kyriba series c funding round

Kyriba, the global leader in cloud-based treasury management solutions, has completed a $21 million round of Series C funding.

/Transaction banking

CAN Capital secures $650 million credit facility

CAN Capital, the leading player in alternative small business finance, announced today that it secured a $650 million credit facility from a dozen leading lenders.

/Transaction banking

Jhpiego selects Standard Chartered Straight2Bank mobile wallet

Standard Chartered's (SC) Straight2Bank mobile wallet service has won a new contract with Jhpiego, an international health organisation affiliated with Johns Hopkins University, to instantly disburse funds to its beneficiaries in Kenya. The SC corporate service has also been rolled out to Zambia, Tanzania and Bangladesh.

/Transaction banking

FD buys Affinity for £7.7 million

First Derivatives (FD), a software and consulting company, has bought Affinity Systems for CAD$14.5m (£7.7m) in a cash and share deal.

/Transaction banking

TrustPay partners with ONPEX to grow customer base

TrustPay is partnering with the Online Payments Exchange (ONPEX) global acquiring network to grow its customer base.

/Transaction banking

RMB usage spreads beyond HK

The quarter share that Hong Kong had in the international renminbi market has fallen to 17% over the past two years, according to Swift’s latest RMB Tracker.

/Transaction banking

Tieto provides ICS with new commercial card app

International Card Services (ICS), the largest credit card issuing business in the Benelux region with 3.5m customers, has adopted a new commercial credit card app from its processing partner Tieto.

/Transaction banking

SIA launches ‘Easy City’ e-invoicing platform in Italy

SIA has launched the ‘Easy City’ electronic e-invoicing and digital payments platform in Italty targeting the public sector, consumers and business.

/Transaction banking

Broadridge positions for retirement of Swift Accord

Broadridge Financial Solutions, Inc. (BR) has launched a transition service for financial institutions currently using SWIFT's Accord trade confirmation matching service, which SWIFT plans to retire in 2017.

/Transaction banking

Tungsten receives approval for e-invoicing in India

Tungsten Corporation plc (TUNG.L), the global e-Invoicing, invoice financing and analytics company, today announced that it has received nationwide approval in India to electronically deliver invoices for services.

/Transaction banking

Tungsten Bank gets approval to operate in Germany, France and Italy

Tungsten Bank plc, a subsidiary of Tungsten Corporation plc, the global e-Invoicing, invoice finance and analytics company, can now provide banking services in Germany, France and Italy.

/Transaction banking

Finnish e-invoicing startup Zervant secures EUR1.5 million funding

Continuing its fast expansion in major European markets, online invoicing and accounting company Zervant has secured an investment round of €1.5 million from Conor Venture Partners and existing investors.

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