893 articles tagged with this keyword
News/Transaction banking
Canadian startup Citrusexchange has unveiled a blockchain-based platform for supply chain and invoice financing.
10 July 2018
Twelve hundred banking professionals gathered from around the world to network and discuss the challenges and benefits of digital transformation at the Temenos Community Forum. The venue was the National Convention Centre in Dublin. The theme- Digital to the Core.
09 July 2018
Investment firm EQT is to acquire Cross-border payments infrastructure platform Saxo Payments Banking Circle.
The we.trade blockchain for trade finance platform established by a coalition of nine banks is gaining momentum, conducting seven live trade transactions by ten companies via four partner banks.
03 July 2018
Bank of America Merrill Lynch has added fingerprint and facial recognition technology alongside an embedded token to enable quick access to payment approvals for corporate users of its CashPro mobile application.
02 July 2018
Banking co-operative Swift is to extend its global payments innovation (gpi) scheme to all 10,000 member banks on the network as it faces up to competition from the likes of Ripple and a growing disenchantment with old-school correspondent banking models.
25 June 2018
The UK government has launched a new body for training prospective coders in order to address an increasing digital skills gap.
22 June 2018
Customers of the bank of Ireland were hit with a debit card glitch on Thursday that left them unable to withdraw money or pay for goods.
A much anticipated report from the US Treasury on regulatory reforms for the fintech sector is set to recommend the use of regulatory sandboxes and fintech charters at both a state and federal level.
TradeIX, the startup behind a blockchain-based platform for open-account trade finance, has raised $16 million in a funding round led by ING Ventures and joined by BNP Paribas.
21 June 2018
Deutsche Bank has moved its reconciliation operations offsite to a managed utility provided by SmartStream as part of an initiative to simplify its IT operations.
20 June 2018
Swift's Latin American Regional Conference in Miami had a clear focus on how new market entrants and developing technologies are dramatically changing the financial landscape in the region.
18 June 2018
A lack of scalability and privacy issues are preventing banks from using distributed ledger technology (DLT) to process cross-border payments, says a senior executive at one of the most prominent startups in the DLT space.
14 June 2018
Royal Bank of Canada (RBC) is planning to spend $3.2bn on technology this year in a bid to attract new customers looking for more digital banking services.
Singapore's government has outlined plans to develop a governance programme around the use of artificial intelligence and personal data in its bid to become an international centre for new technology.
13 June 2018
The UK government has launched a series of initiatives designed to attract more foreign fintech experts to work for UK startups and to encourage those same startups to remain in the UK rather than uproot to an EU-based neighbouring jurisdiction.
Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.
US bank Citi has warned that it could shed half of its 20,000 tech and ops staff in the next five years due to the rise of robotics and automation.
12 June 2018
Europe's biggest bank HSBC is planning to invest between $15-$17bn in new technology as part of a new growth strategy announced by its chief executive John Flint.
Ireland's state-owned economic development agency Enterprise Ireland has announced the launch of a €750,000 Competitive Start Fund for promising fintech startups.
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