Transaction banking

893 articles tagged with this keyword

/Transaction banking

JPMorgan creates JPM Coin

JPMorgan Chase has created a digital token, the JPM Coin, that will be used to instantly settle transactions between the bank's wholesale payments business clients, according to CNBC.

/Transaction banking

Italian banks move into pre-production for DLT-based reconciliation project

The Italian Banking Association (ABI) is moving into the 'pre-production phase' for its blockchain-based interbank reconciliation project.

/Transaction banking

Standard Chartered signs MoU with Chinese supply chain finance platform

Standard Chartered has struck an agreement with Linklogis to use the Chinese B2B player's blockchain-enabled supply chain platform to improve business financing opportunities and deepen client relationships in China.

/regulation

Swift to open KYC Registry to corporates

Interbank messaging network Swift is to open its KYC Registry to corporates, providing a central hub for document exchange with multiple banking partners and eliminating duplication and ineffeciency.

/security

New York Fed to help Bangladesh Bank in $81 million cybercrime suit

The New York Federal Reserve is to assist Bangladesh Bank in a legal challenge to recoup $81 million stolen in a massive cyber heist in 2016.

/Transaction banking

Funding Options heads to Europe with ING partnership

UK-based online business finance marketplace Funding Options is launching in the Netherlands with the backing of local bank ING.

/Transaction banking

Ecosystem must evolve to make euro instant payments a success

Real-time euro payments are already here – but there’s wider work to do to serve corporate needs, says Thomas Egner, secretary general, Euro Banking Association.

/payments

Barclays and Santander invest in MarketInvoice

Barclays and Santander InnoVentures have led a £26 million Series B funding round in online invoice financing platform MarketInvoice.

/Transaction banking

Swift introduces Pay Later API for instant loan financing

Interbank payment network Swift is pushing an API standard which will enable banks to provide instant loan approvals for customers at the point-of-sale.

/Transaction banking

AccessPay banks $9 million in new funding as VCs hit the North

Manchester's bid to become a global tech-hub in the North of England has been boosted by the arrival of US-based venture capital firm Beringea and a $9 million investment in local corporate payments startup AccessPay.

/Transaction banking

US shutdown impacts fintech market

The ongoing shutdown of the US government, sparked by a disagreement over funding for border security, is starting to impinge on the US fintech industry, according to reports.

/Transaction banking

Scotland's fintechs treble in number

The number of fintechs based in Scotland has increased threefold in the last 12 months following an initiative between government, academia and the finance industry designed to boost the sector.

/Transaction banking

Mastercard ditches name in logo rebrand

Mastercard has taken the bold step of removing its name from its logo in a move it says is inspired by the rise of digital banking and a future where there will be less reliance on card payments.

/Transaction banking

Standard Chartered appoints global digital head

British bank Standard Chartered (SC) has hired Martijn De Jong as the global head of its Digital Channels & Data division.

/Transaction banking

India central bank convenes digital payments panel

Reserve Bank of India (RBI) has recruited the Infosys chairman Nandan Nilekani to head up an advisory panel on the development of digital payments.

/Transaction banking

TrueLayer celebrates Open Banking anniversary with API expansion to Germany

TrueLayer will now offer Deutsche Bank, Sparkassen, Commerzbank and other major German banks direct access to financial data following the first international move for the European API provider.

/Transaction banking

Google gets payments licence in Ireland

Ireland's central bank has granted authorisation for Google to operate as a payments institution, a move that could see the big tech giant significantly expand its financial services offerings across the European Union.

/Transaction banking

Lights, camera, action! Finextra TV highlights 2018

It’s been a busy year for the Finextra TV team, posting 251 video interviews with leading industry figures during the course of 2018. Here are the top five by viewing figures.

/Transaction banking

2018: The future of banking in the spotlight as digital trends take hold

As Finextra pulls the shutters down on 2018, we take a look back at our most popular news items and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2019.

/Transaction banking

Finextra Research roundup: AI and Digital ID to the fore

Some very interesting narratives have emerged over the course of 2018 through Finextra’s reports, most of which we expect to progress into increasingly diverse and innovative discussions during 2019.