Latest Transaction banking News: Finextra Research

WorldRemit nets $175m in latest financing round

UK-based mobile payments firm WorldRemit has raised $175m in a series D funding round that it says will be used to launch a new payments business aimed at the small and medium enterprises (SME) sector.

03 June 2019

News/Transaction banking

Innovation driving digital acceleration in Latin America

Swift's Latin American Regional Conference (LARC) explored how banks in the region are looking to increase digitisation, while managing cyber and compliance challenges.

29 May 2019

News/startups

Barclays invests in blockchain-based invoice exchange startup Crowdz

Barclays has led a $5.5 million Series A funding round for Crowdz, the Silicon-Valley startup behind a global, blockchain-based invoice exchange vowing to revolutionise the $9 trillion receivables market

29 May 2019

News/Transaction banking

Kyriba brings real-time payments to treasurers through JPMorgan API

Cloud-based treasury management outfit Kyriba is tapping JPMorgan's API to enable shared clients to send real-time payments in the US.

24 May 2019

News/Transaction banking

EBAday 2019 to set the agenda for European payments industry

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the fourteenth annual EBAday, taking place this year in Stockholm between the 18th and 19th June.

24 May 2019

News/wholesale

Standard Chartered rolls out Trade AI Engine

Standard Chartered has teamed up with IBM to launch an "augmented intelligence' engine for trade document processing.

23 May 2019

News/Transaction banking

Live: Swift Latin American Regional Conference - day two

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

22 May 2019

News/Transaction banking

Swift to test real-time cross border payments in Europe

Banks from France, Germany, Italy, Luxembourg, Russia and Spain have joined with Swift to test real-time gpi cross-border payments through the Eurosystem’s Target Instant Payment Settlement (Tips).

21 May 2019

News/payments

Deutsche Bank warns ISO 20022 migration not just another IT project

The migration to ISO 20022 offers a major opportunity for banks and corporates, but it is not simply "another IT project" and will require CEO commitment and allocation of appropriate budgets, according to a Deutsche Bank guide.

20 May 2019

News/Transaction banking

Sixteen startups selected for EBAday Fintech Zone

Sixteen of Europe's top fintech startups have been selected to demo their products to a prestigious panel of senior banking executives at this year's EBAday symposium in Sweden.

17 May 2019

News/security

BofA Merrill Lynch integrates Apple Watch app into CashPro

Bank of America Merrill Lynch is integrating its CashPro corporate treasury platform with the Apple Watch, enabling users to get a one-time security token to their handset.

14 May 2019

News/Transaction banking

SoftBank Vision fund invests $800m in UK fintech

SoftBank's Vision Fund, the largest fintech venture capital fund in the world is reported to be investing $800m in a UK-based supplier of alternative supply chain finance, thereby doubling its valuation to $3.5bn.

13 May 2019

News/Transaction banking

Germany sees card payments overtake cash

Germany, one of Europe's last bastions of cash, has seen card payments eclipse traditional cash-based payments for the first time according to a new study.

10 May 2019

News/Transaction banking

Voltron consortium grows to over 50 banks and corporates

The blockchain-based trade finance coalition Voltron has swelled to over 50 banks and corporates following the completion of trials involving the simulation of multiple digital Letter of Credit transactions across 27 countries on six continents.

08 May 2019

News/Transaction banking

IBM wins bidding for new Canadian RTGS platform

IBM has been selected as the lead technology partner for Canada's new high-value payment system, Lynx.

03 May 2019

News/Transaction banking

Citi enters partnership with Vietnam's Payoo

Citi Treasury and Trade Solutions has forged a partnership with Vietnam-based intermediary payment service provider Payoo to facilitate last-mile consumer-to-business collections for corporate clients in the country.

29 April 2019

News/Transaction banking

Visa partners FIS to push DLT-based platform for international corporate payments

Visa's distributed ledger-based, non-card platform for high-value corporate, cross-border payments will now be offered to FIS client bank.

25 April 2019

News/Transaction banking

Swift names Javier Pérez-Tasso CEO

Swift has promoted its Americas and UK chief executive Javier Pérez-Tasso to CEO, replacing Gottfried Leibbrandt, who is stepping down after seven years at the helm of the bank-backed international payments network.

24 April 2019

News/Transaction banking

Deutsche Bourse confirms talks with Refinitiv over FX business acquisition

Deutsche Bourse has confirmed that it is in talks with Refintiv over the acquisition of 'certain FX business units', following market speculation about a pending $3.5 billion swoop for multi-bank foreign exchange portal FXall.

11 April 2019

News/security

Swift says cyber threats evolving

Cybersecurity attackers in the large value payments chain are adjusting their modus operandi, lowering the value of transactions and running fraudulent instructions during normal operating hours in an attempt to blend in with regular payment flows and avoid detection, according to a new report from banking co-operative Swift.

10 April 2019