Transaction banking

1380 articles tagged with this keyword

/Transaction banking

Tungsten Network extends analytics offering to accounts receivable

Tungsten Network has extended its analytics offering to include accounts receivable dashboards, allowing the 300,000 customers on its network to glean deeper insight into their cash flow and manage their finances more effectively.

/Transaction banking

IBSFINtech collaborates with Thomson Reuters for treasury management

IBSFINtech India Pvt. Ltd., a leading provider of comprehensive, innovative & integrated Corporate Treasury Management solutions, today announced that it has collaborated with Thomson Reuters to power their Treasury Management Solution with trusted & timely financial market data for corporations.

/Transaction banking

DBS targets 30% reduction in corporate cheque payments by 2020

To help corporate clients keep in step with changing consumer behaviour where digital payments are becoming more popular, DBS bank today announced that it would help its corporate clients reduce cheque usage by at least 30% in the next 24 months.

/Transaction banking

NAB launches online app store for merchants

NAB has today announced it has launched NAB Marketplace, where businesses can download apps to their merchant terminals to develop their business and bring an innovative value-added experience to their customers.

/Transaction banking

ICICI Bank launches social media-based cross-border remittance service

ICICI Bank, India’s largest private sector bank by consolidated assets, announced the launch of a service that enables Non Resident Indians (NRIs) to send money to a beneficiary in India using social media like WhatsApp and e-mail.

/Transaction banking

Lloyds teams up with Planixs for enhanced liquidity management

Planixs today announced that it has formed a strategic partnership with Lloyds Banking Group that will improve the Bank’s intraday cash and liquidity management capabilities and ensure its compliance with the Basel committee’s BCBS248 intraday monitoring regime.

/Transaction banking

Crédit Agricole and Wirecard team up for digital payment partnership

Crédit Agricole Payment Services (CAPS), a fully-owned subsidiary of Crédit Agricole, and Wirecard, one of the leading companies in digital financial technology, have signed a comprehensive contract to start their next generation digital partnership in payment services.

/Transaction banking

Starling Bank moves into business banking

Starling Bank, after recently being voted the Best British Bank, has today become the first fully licensed mobile-only bank to launch business accounts for small businesses and entrepreneurs in the UK.

/Transaction banking

Thomson Reuters collaborates with Salesforce in fight against financial crime

Thomson Reuters today announced it is collaborating with Salesforce to help clients quickly and efficiently on-board new customers and meet regulatory anti-money laundering obligations in the fight against financial crime.

/Transaction banking

Previse teams up with Virtualstock to deliver seamless ‘purchase to pay’ supply chain model

Previse, the instant supplier payment decision company, and Virtualstock, the leading provider of digital supply chain solutions are partnering to deliver the first fully integrated purchase to pay supply chain system with cash on delivery for suppliers in the UK.

/Transaction banking

Swift and SAP join forces for seamless corporate processing

SWIFT is joining forces with SAP SE (NYSE: SAP) to offer treasurers a comprehensive, out-of-the-box integration with financial institutions, connecting to the SWIFT network of more than 11,000 financial institutions worldwide.

/Transaction banking

BNI Europa and Varengold provide £135 million funding to MarketInvoice platform

Business finance company MarketInvoice has signed agreements with Portuguese bank Banco BNI Europa (BNI) and German bank Varengold Bank AG to add £90 million and £45 million respectively on its platform.

/Transaction banking

Penta introduces business banking and company incorporation platform

Berlin based fintech Penta is taking a big step in its bid to further help businesses save time on their banking.

/Transaction banking

Aldrich makes $26 million investment in procure-to-pay startup Paymerang

Aldrich Capital Partners has made a $26 million growth investment in Paymerang, LLC, a leading provider of electronic payment solutions for businesses.

/Transaction banking

Nucleus Software adds trade finance portal to transaction banking platform

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced the latest version of its transaction banking solution called FinnAxia 5.0 and introduces Trade Finance portal.

/Transaction banking

Yes Bank applies robotic process automation to import/export document submissions

YES BANK, India’s fourth largest private sector bank has launched a new robotics based ‘Digital Export and Import’ Payments solution as a part of its comprehensive YES TRANSACT Smart Trade product suite, to help Importers and Exporters significantly improve their operational efficiencies and fast-track payments.

/Transaction banking

Ebury connects to Faster Payments with Form3

Form3, the cloud technology provider of Payments as a Service processing for banks and regulated fintechs, today announced that Ebury, one of the fastest growing fintechs for corporate global transaction services is now live with its real-time service on UK Faster Payments.

/Transaction banking

Funding Xchange concludes £1.5m funding round

Funding Xchange (FXE), the platform set to transform the small business finance scene, has raised £1.5M in Series A funding, led by Calibrate Management Ltd and Kimera.

/Transaction banking

MarketInvoice reaches £2b milestone

Business finance company MarketInvoice has today reached the landmark milestone of having advanced £2b worth of invoice finance and business loans to UK companies.

/Transaction banking

FSB publishes report on decline in correspondent banking; makes remittance recommendations

The Financial Stability Board (FSB) today published two reports as part of its work to assess and address the decline in correspondent banking relationships (1) a progress report on the FSB action plan to assess and address the decline in correspondent banking and (2) a stocktake on remittance service providers’ access to banking services, including recommendations to improve accessibility.