893 articles tagged with this keyword
News/Transaction banking
Thailand's Central bank has kicked off a project with R3 and eight banks on the development of a digital currency (CBDC) for use in domestic wholesale funds transfers.
23 August 2018
German Chancellor Angela Merkel has poured cold water on her foreign minister's suggestion that Europe should build its own alternative to Swift as a way of salvaging the Iran nuclear deal.
22 August 2018
India-based digital payments firm Paytm has announced the launch of AI Cloud India, a platform designed to help developers, startups and small businesses create their own payment-related apps and services.
21 August 2018
The Singapore FinTech Association (SFA) and Thomson Reuters are to collaborate on projects to promote the country's fintech industry and strengthen its fight against cybercrime.
WeChat, China's most popular social media app, has launched its digital payments service, WeChat Pay, in Malaysia, marking its first product to be released in Asia outside of China and Hong Kong.
The chief economist of the Bank of England (BoE) has warned that the rise of artificial intelligence could leave large groups of people "technologically unemployed" unless there was a skills revolution.
Cambodia has become the latest country to launch a national body designed to foster more fintech collaboration with the launch of the Cambodia Fintech Association (CFA).
17 August 2018
Two of China’s largest financial services firms have agreed to work towards the development of a blockchain-based mobile payment system in what has been a busy week for China's burgeoning fintech sector and also a signal of the extent of China's blockchain ambitions.
Barclaycard is working with Silicon Valley startup Crowdz to digitise and speed up what is still for many firms a slow and clunky business-to-business supply chain.
Singapore's ambition to create a cashless society is to receive a big boost with the forthcoming introduction of the banking industry's PayNow mobile app to the business community.
10 August 2018
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Barclays Bank is to take a minority equity stake in online invoice financing platform MarketInvoice and roll out the service to its large SME client base.
02 August 2018
Commonwealth Bank has demonstrated a new blockchain platform underpinned by distributed ledger technology, smart contracts and the internet of things (IoT) to re-configure the sharing of information across global supply chains.
31 July 2018
Foreign exchange settlement house CLS is collaborating with nine banks and IBM to build a shared marketplace platform - or app-store - for multiple blockchain applications.
30 July 2018
Dutch bank ING has spent €21 million to buy a minority equity stake in cross-border B2B payments company TransferMate.
Deutsche Bank is introducing digital signatures for corporate contracts and account openings following a successful trial with one of its largest clients, US-based Honeywell.
27 July 2018
Financial messaging network Swift has begun pilot trials of a multi-bank payments tracking service with 12 member institutions and 10 multi-national corporates.
25 July 2018
Commerzbank is preparing for the arrival of instant payments across Europe by outsourcing all of its payments processing in the Single Euro Payments Area (Sepa) to equensWordline.
23 July 2018
A coalition of leading transaction banks in Hong Kong are plotting a September go-live date for a blockchain-based trade finance platform, supported by the territory's central bank.
17 July 2018
Citi is to use machine-learning tools from HighRadius to provide corporate clients with a more streamlined way to match payments received with expected receipts.
12 July 2018
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