Latest Transaction banking News: Finextra Research

B2B FX platform Kantox raises $11 million

London-based business-to-business currency exchange Kantox has raised $11 million in Series B funding.

27 May 2015

CBA to test Ripple for intra-bank transfers

Commonwealth Bank of Australia is to begin testing technology from Ripple Labs to transfer funds between its subsidiaries.

27 May 2015

News/Transaction banking

Swift bids to drive ISO20022 harmonisation

Financial messaging network Swift is working with a host of market infrastructure providers and banks to develop a framework for harmonisation of the ISO20022 standard, amid concerns that a proliferation of different flavours of the protocol will lead to fragmentation.

20 May 2015

News/Transaction banking

Ripple scores $28 million funding round

Digital currency outfit Ripple Labs has closed a $28 million Series A funding round that includes IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate Technology.

19 May 2015

News/Transaction banking

Live: EBAday 2015, day two

Payments professionals from across Europe are gathering in Amsterdam this week for EBAday 2015, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

13 May 2015

News/Transaction banking

EBA explores digital interfaces and crypto-technologies

The Euro Banking Association (EBA) has published two ‘hot topic’ reports on Digital Customer Service Interfaces (DCSI) and crypto-technologies at its EBAday payments conference today in Amsterdam, the Netherlands, with the intention of detailing the electronic payments landscape of the future.

12 May 2015

News/Transaction banking

Banks rethinking business models as PSD2 looms - Finextra research

Europe's banks are engaged in a do-or-die effort to prepare for the 2016 introduction of new payments regulations that are expected to usher in a wave of fresh competition and innovation across the sector, according to research conducted by Finextra

12 May 2015

News/Transaction banking

Live: EBAday 2015, day one

Payments professionals from across Europe are gathering in Amsterdam this week for EBAday 2015, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

12 May 2015

News/Transaction banking

MyBank shows strong growth as EBAday approaches

One the eve of the annual EBAday payments conference, EBA Clearing has announced that the growing take-up of MyBank by consumers and businesses has started to translate into a significant uptick in the value of transactions initiated.

08 May 2015

News/Transaction banking

Mobile corporate banking stalled by talent and budget shortfall

The roll-out of mobile banking products for corporates is high on the agenda for most banks, but lack of in-house knowledge and budgets is inhibiting the industry's ability to go to market, according to research conducted by the bank-backed Mobey Forum

30 April 2015

News/Transaction banking

EBAday attracts global focus; exhibition sells out

Europe's premier payments conference, EBAday, is taking on an increasingly global flavour as the quest for instant funds transfers brings representatives from the Federal Reserve, The Clearing House and Ripple to the podium.

24 April 2015

News/Transaction banking

Swift Business Forum London - Live blog

Returning for its fifth year, the SWIFT Business Forum London will bring together 800 plus financial services professionals to explore the theme of harnessing change in financial services.

23 April 2015

News/Transaction banking

Finextra Future Money Day 1 - Live blog

From shells to Shekels, paper pounds to PayPal, money is forever changing. Never more so than in recent years when contactless technology, mobile apps, tokens and Bitcoin mean the way we exchange value is evolving. The annual Finextra Future Money conference keeps you up-to-date with developments. With over 600 of Europe's top banks, VCs and startups gathered at the East Wintergarden in London's Canary Wharf, UK, this live blog keeps you abreast of developments.

21 April 2015

News/Transaction banking

Swift promises STP Holy Grail with SwiftRef APIs

Financial messaging network Swift has introduced an automated data look-up service that identifies and validates payments reference data in real-time, reducing the time spent by bank back offices in correcting errors resulting from manual repairs and investigations.

20 April 2015

News/Transaction banking

Swift Business Forum, Canada - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in Toronto. This year’s conference, on the theme 'expect the unexpected' will explore how firms are using technology and new ways of thinking to better prepare for an unpredictable future.

14 April 2015

News/Transaction banking

Future Money Focus: Jon Matonis

A former foreign exchange dealer for Visa, CEO of HushMail, director of financial services at VeriSign and one of the founding board directors of the Bitcoin Foundation, Jon Matonis' career has blended the world of security, financial services and crypto technology - now Matonis is a public speaker and non-executive director for several startups in the space.

02 April 2015

News/Transaction banking

CBA unveils Albert tablet payment device

Commmonwealth Bank of Australia (CBA) is making a move into the point-of-sale hardware market, teaming up with German tech firm Wincor Nixdorf and Ideo to launch a seven inch Android-based tablet system dubbed Albert.

31 March 2015

News/Transaction banking

Canada's D+H agrees $1.25bn Fundtech acquisition

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.

31 March 2015

News/Transaction banking

Westpac launches online SME tools

Westpac has launched a Live Online Lending Application (Lola) to help small to medium sized enterprises apply for loans and a MyBusiness Assist platform to help businesses plan, manage and finance their firms more easily.

31 March 2015

News/Transaction banking

UK banks' IT spending to increase - CBI/PwC Report

UK banks’ spending priorities for the next year are focused on improving IT infrastructure and cyber security, according to a report from the CBI and PwC, which also finds a focus on building new digital platforms to remain competitive and respond to changing customer needs.

30 March 2015