Transaction banking

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/Transaction banking

Openlink secures ECB risk and treasury mangement contract

Openlink, a leading provider of trading, treasury and risk management solutions, announced that the European Central Bank (ECB) in Frankfurt, Germany, has selected Openlink's solution as its risk and treasury management system.

/Transaction banking

Gresham appoints Khee Joo Tan as head of sales for Asia Pacific

Gresham Technologies plc, the leading software and services company that specialises in providing real-time data integrity and control solutions, today announced the appointment of Khee Joo Tan (KJ) to the company as director of sales for the AP region.

/Transaction banking

Palette Software acquires cloud company Centsoft

Palette Software, a market-leading vendor for financial process automation, has today announced the acquisition of software-as-a-service (SaaS) invoice automation specialist Centsoft.

/Transaction banking

Commerzbank links SAP S/4Hana to R3 Corda

Commerzbank, supported by SAP, has successfully completed an end-to-end integration between SAP S/4HANA business processes and R3’s Corda blockchain platform.

/Transaction banking

Emirates NBD joins CCRManager trade finance platform

Emirates NBD, a leading bank in the region today announced that it has joined the rapidly growing community of members on CCRManager, a fintech platform supporting the origination and distribution of trade assets.

/Transaction banking

Mitsubishi to pilot real funds, cross-border payment over RippleNet

Mitsubishi Corporation (MC), MUFG Bank, Ltd. (MUFG Bank), Bank of Ayudhya PCL (Krungsri), a Thailand-based subsidiary of MUFG Bank, and Standard Chartered Bank (Standard Chartered), today jointly announced the commencement of a pilot test for moving real funds over RippleNet, with the objective of making cross-border payments more convenient and further improving the capital efficiency of corporate groups.

/Transaction banking

Finastra appoints new CRO

Finastra today announced the appointment of Elona Ruka-Wright as its new Chief Risk Officer.

/Transaction banking

FinTech Scotland recruits Deloitte for expansion plan

The body representing Scotland’s thriving financial technology community, Fintech Scotland, has today announced it has entered a key strategic partnership with business advisory firm Deloitte.

/Transaction banking

Central banks urge industry wide take-up of strategy to improve wholesale payments security

The Committee on Payments and Market Infrastructures (CPMI), the global standard setter for payment, clearing, settlement and related arrangements, urges stakeholders to pursue a common strategy to improve the security of wholesale payments that involve banks, financial market infrastructures and other financial institutions.

/Transaction banking

UK and US banks in danger of losing SME customers to digital competition

A new study from financial services technology leader FIS™ (NYSE: FIS) has identified key gaps in the performance of larger U.S. and U.K. banks in serving the needs of their critical small and mid-sized business (SMB) client base.

/Transaction banking

Mansion House Consulting hires Jitu Parmar from Swift to advisory role

Mansion House Consulting (MHC), an award-winning IT and technology consultancy specialising in the Financial Services sector, today announced the hiring of Jitu Parmar as a Strategic Advisor.

/Transaction banking

DBS launches real-time cross-border payment tracking for all corporate and SME clients

More than 200,000 of DBS’ corporate and SME clients will now be able to benefit from better cashflow visibility through real-time cross-border payment tracking.

/Transaction banking

Paper.id presses for e-invoicing in Indonesia

In a fast developing country like Indonesia, there are still many SME’s that ignore prudent financial management.

/Transaction banking

HSBC goes live with Swift gpi

HSBC, one of the world’s largest banks, has joined SWIFT’s global payments innovation (gpi) service.

/Transaction banking

Palette Software introduces a new cloud-based Purchase-to-Pay service

Palette Software, a leading provider of accounts payable automation and purchase to payment software, has announced the launch of PaletteOnline, a new cloud solution that enables customers to access an end-to-end P2P solution via the cloud, guaranteeing optimal functionality, security and scalability.

/Transaction banking

Standard Chartered partners with CDC on $150 million supply chain finance programme

CDC Group (“CDC”), the UK’s development finance institution, and Standard Chartered Bank (“Standard Chartered”) have today announced the signing of a memorandum of understanding for a supply chain finance programme that will increase financing for SME suppliers in Africa and South Asia, thereby boosting economic growth and trade opportunities.

/Transaction banking

Centtrip launches instant payments

Fintech pioneer Centtrip has just launched a revolutionary payment service with the potential to save businesses substantial amounts of money and reduce transaction times to literally seconds.

/Transaction banking

Equiniti Riskfactor expands into Canadian market through deal with Baron Finance

Equiniti Riskfactor is pleased to announce its first Canadian client, Baron Finance, a financial services provider specialising in asset-based lending, invoice factoring, purchase order financing and accounts receivable funding.

/Transaction banking

Sage partners Stripe for digital invoicing

Sage, the market leader in cloud business management solutions, today announced its partnership with Stripe, putting digital invoicing capabilities in the hands of businesses of all sizes.

/Transaction banking

Liberis secures £57.5m in funding

Leading small business finance provider, Liberis, has secured £57.5m in combined funding from British Business Investments, Paragon Bank, BCI Finance, and Blenheim Chalcot.

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