893 articles tagged with this keyword
News/Transaction banking
Ripple is hoping to tempt banks to jump onto its enterprise blockchain network by dangling a rebate, in the form of its XRP digital asset, to early commercial adopters.
13 October 2017
Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.
Increased regulatory burden is hampering smooth and timely onboarding of customers, as banks struggle with technology implementation and budget parameters, according to financial industry professionals surveyed in a new paper by Finextra Research.
12 October 2017
Credit Agricole and TransferGo are among the latest financial services firms to join Ripple's enterprise blockchain network, which now claims more than 100 users.
10 October 2017
Philippe Lepoutre, deputy head of global transaction and payment services and Thierry Olivier, chief information security officer at SocGen assess Swift's Customer Security Programme (CSP) and how it might evolve in the future to provide a better safety net for interbank payment flows.
09 October 2017
Thailand and Singapore have announced tentative plans to integrate their respective e-payment schemes in a bid to promote digital banking, according to a Bloomberg report.
05 October 2017
IBM is collaborating with five international banks on the creation of a global trade finance platform based on blockchain technology.
04 October 2017
OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), together with Singapore's Infocomm Media Development Authority (IMDA), have completed a proof-of-concept for a Know Your Customer (KYC) blockchain.
03 October 2017
Blockchain consortium R3 is collaborating with 12 banks and technology vendor TradeIX on an open-account trade finance project for corporate buyers and sellers around the world.
26 September 2017
Finextra is partnering with leading banks and vendors to run a series of roundtable events covering corporate banking, trade and supply chain finance and winning strategies for fintech collaboration at the annual Sibos conference in Toronto in October.
22 September 2017
Ripple is to work with financial institutions in South Korea to enable blockchain-based cross-border payments transfers with Japanese banks.
19 September 2017
Square, the fintech startup headed by Twitter founder Jack Dorsey, has made an official application in the US for a banking license, ending months of speculation about its plans but also reigniting the argument about the use of industrial loans charters (ILCs).
07 September 2017
European banks under siege from digital challengers and sophisticated cyber attackers could face some relief from a possible change in accounting rules that will enable them to spend more on new software.
06 September 2017
John Cryan, chief executive of Deutsche Bank, has told an audience of bankers in Frankfurt that he expects a "big number" of his current staff to be replaced by robots
A new report has forecast that the value of cryptocurrency transactions will surpass the $1 trillion milestone before the end of 2017.
05 September 2017
Two Australian banks unveiled updates to their banking services with ANZ Bank launching a voice-based identity service for mobile banking and National Australia Bank (NAB) debuting a chatbot for its business banking service.
04 September 2017
The R&D unit of the Reserve Bank of India is preparing to launch a banking platform based on blockchain technology.
01 September 2017
Nets, the largest payments processor in Scandinavia, is rumoured to be close to a private equity buy-out that would value the company at more than $5bn, according to a report from the Financial Times.
Russia has stepped up its plans to exploit the potential of distributed ledger technology (DLT) with the announcement that state-owned bank Vnesheconombank (VEB) is to open a blockchain research centre in Moscow.
30 August 2017
The UK's divorce from the EU has led to France and Sweden gaining a larger share of the number of fintech deals done within the Union, according to the research firm CBInsights.
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