Transaction banking

894 articles tagged with this keyword

/Transaction banking

HSBC to cut 10,000 jobs - FT

More than 10,000 jobs could be lost at HSBC as the global bank embarks on a cost-cutting exercise, according to a report in the Financial Times (FT).

/wholesale

Banks join forces on digital platform to help firms trade globally

A group of 14 banks - including Santander, RBC and MUFG - has launched a digital platform designed to tackle international trade barriers.

/Transaction banking

HSBC launches trade finance API

HSBC has launched a trade finance API that lets partner financial institutions and their clients see the status of their bank guarantees in real time from their own platforms.

/payments

Nick Ogden launches cross-border liquidity network RTGS.global

Finextra can exclusively reveal that Nick Ogden, creator of fintech heavyweights Worldpay and ClearBank, is spearheading an initiative to improve the speed and performance of international payments. At Sibos in London he is gathering support behind RTGS.global, a new business designed to remedy the problems involved with the invisibility of liquidity between countries.

/Transaction banking

Sibos 2019: Swift heads for the Cloud

Banking co-operative Swift is to provide a jumping board to large public cloud providers Microsoft and Google, and roll out its own private cloud services for institutions connecting to the network.

/Transaction banking

Deutsche Bank joins JPMorgan's Interbank Information Network

Deutsche Bank has become the first top tier European institution to join JPMorgan's Interbank Information Network (IIN), a landmark milestone for the DLT-based payments settlement system.

/Sibos

The future of instant payments: no shortage of change

Martin Fiddaman, managing director, head of financial institutions and professional services at NatWest, shares his insights on technology, regulation and changing customer demands ahead of Sibos.

/Sibos

All set for Sibos 2019? Join us in London

The Finextra team are limbering up to meet our readers and members attending Sibos 2019 in London. We've got a full suite of rolling news, special reports, roundtable discussions and live video broadcasts primed for the biggest financial technology event in the calendar.

/Transaction banking

Geopolitics and the impact of political uncertainty on financial services

At Sibos 2019, industry experts will be discussing today’s payments landscape and how banks now need to balance their customer demands for speed with regulatory demands for financial crime and risk controls.

/Transaction banking

DBS uses blockchain platform to resolve cash-flow problems for SMEs

DBS Bank is to offer multi-tier financing on a logistics blockchain platform named Rong-E Lian, to help small and medium-sized enterprises (SMEs) in China get faster access to trade financing.

/Transaction banking

Mastercard partners R3 on blockchain-powered cross-border payments

Mastercard has joined forces with R3 to develop a blockchain-powered cross-border payments system connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by the card giant.

/Transaction banking

Ambitious P27 project grows team for next phase

Nordic bank-backed P27 is undertaking a recruitment drive as it puts together the building blocks for a proposed 2021 go-live of its real-time, cross-border payment project.

/Transaction banking

Chinese official voices digital coin plans

More details have emerged around China's plans to issue its own digital coin following a lecture given by a senior official at the central bank.

/Transaction banking

Swift publishes new API standard

Banking cooperative Swift has published a new API standard for the pre-authorisation of funds in its latest bid to bring more efficiency to open banking in Europe.

/Transaction banking

Crypto monitoring firm Elliptic raises $23m

Cryptocurrency surveillance firm Elliptic has secured $23m of investment to fund its ongoing expansion in Asia

/Transaction banking

HSBC leads cross-border RMB-denominated blockchain letter of credit

HSBC has completed the world's first cross-border Renminbi-denominated blockchain-based letter of credit (LC) transaction.

/Transaction banking

M-Payment firms form Euro association

Seven mobile payment firms covering more than 25 million registered users are clubbing together to form the European Mobile Payment Systems Association (EMPSA) which its members say will foster collaboration and facilitate international payments.

/Transaction banking

Starling opens new UK office

Online bank Starling is today cutting the ribbon on its new office in UK town Southampton as it looks to bolster its operational resources.

/Transaction banking

Revolut to open ops centre in Portugal

Challenger Revolut is planning to open a customer service centre in Portugal that will employ 400 people.

/Transaction banking

Citi appoints new ops head for EMEA

Citi has promoted Anne-Maree Tassell as the new head of operations and technology for EMEA.