Transaction banking

893 articles tagged with this keyword

/Transaction banking

Nordea releases Instant Reporting API

Nordea is to release an API which enables corporate customers to download their accounts and transactional data into their own systems, marking the first commercially viable product to emerge from the bank's foray into Open Banking.

/security

Citi asks corporate clients to log in with their face

Citi Treasury and Trade Solutions (TTS) is to introduce fingerprint and facial recognition for corporate customers logging into the bank's core treasury platforms.

/Transaction banking

Swift CEO Leibbrandt quits

Swift CEO Gottfried Leibbrandt is to step down after seven years at the helm of the bank-backed international payments network.

/Transaction banking

Swift pilots API-based pre-validation service to cut payment errors

Swift has signed 14 major banks - including Bank of China, Citi and Deutsche Bank - to a pilot using APIs to pre-validate gpi payments, speeding up identification and cutting out errors and omissions in messages.

/Transaction banking

Signature Bank gets NYDFS greenlight for blockchain-based payments system

New York-based Signature Bank has received regulatory approval to launch an ethereum blockchain-based digital payments platform for commercial clients.

/Transaction banking

Switzerland adopts new fintech authorisation rules

The Swiss government has amended its Banking Act to include new authorisation rules for fintechs in its latest bid to boost innovation in the sector.

/Transaction banking

ECB launches real-time payments system

The European Central Bank has unveiled its response to the rise of digital wallets with the launch of Target Instant Payments Settlement (TIPS), a pan-eurozone instant payments system.

/Transaction banking

Frankfurt claims $800bn in assets will move from London after Brexit

Between €750-800bn in assets will move from London to Frankfurt as a result of a Brexit-led exodus of banks from the UK.

/Transaction banking

BBVA appoints new CEO

Spanish bank BBVA is promoting its US operations head to the chief executive role as part of a management reshuffle designed to further its digital ambitions.

/Transaction banking

Revolut approved for Japan and Singapore push

Financial regulators in Japan and Singapore have given a green light to UK-based fintech Revolut and its bid to expand in Asia Pacific

/Transaction banking

Nordics P27 initiative could drive common infrastructure for direct debits

E-invoicing and direct debits stand to be transformed as a result of the P27 initiative, as well as the promotion of healthy competition among banks for new products and services, according to panellists at Finextra's NextGen Banking Nordics annual conference in Stockholm

/Transaction banking

Swift India to pilot MonetaGo distributed ledger

Swift India has partnered with New York's MonetaGo on a pilot fraud prevention programme for supply chain finance using distributed ledger technology.

/security

Securities participants are next on the hitlist for cyber attackers – BAE Systems and Swift report

In an interview with Finextra, BAE Systems’ head of cyber security consulting practice Robin Oldham shares new research conducted with interbank messaging network Swift, which profiles the way in which sophisticated cyber crime gangs are moving up the value chain in search of big wins in the wholesale payments and capital markets arena.

/Transaction banking

Deutsche Bank calls for real-time liquidity management framework

Banks and corporates could reap huge benefits from real-time liquidity management functionality, but industry-wide collaboration is crucial to make it a reality, according to a new Deutsche Bank white paper.

/Transaction banking

MAS and SGX apply blockchain tech for settlement of tokenised assets

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) claim to have successfully developed Delivery versus Payment capabilities for the settlement of tokenised assets across different blockchain platforms.

/Transaction banking

Voltron banks move closer to digital nirvana

The quest for a paper-free trade finance world has moved a step closer with the completion by BNP Paribas and HSBC of a fully digitised end-to-end letter of credit transaction between two different companies.

/Transaction banking

BBVA conducts DLT-based syndicated loan deal

BBVA has arranged and signed the terms of a $150 million syndicated loan using distributed ledger technology (DLT)

/payments

JPMorgan's Interbank Information Network now encompasses more than 100 banks

The number of banks joining JPMorgan's blockchain-based Interbank Information Network (IIN) has grown to over 100, addressing cross-border payments in every major market, including Latin America, Asia, Europe, the Middle East and Africa.

/Transaction banking

NZ bank ASB sets blockchain trades in motion with VerifyUnion; DBS debuts commodity pricing platform

ASB has partnered with VerifyUnion, a decentralised identification platform, to launch New Zealand’s first bank blockchain single trade window.

/payments

BBVA unveils account aggregation service for businesses

BBVA is launching a real-time account aggregation service for Spanish businesses, enabling them to control all their domestic accounts, credit accounts and cards from a single dashboard.