Transaction banking

3377 articles tagged with this keyword

/Transaction banking

Misys signs Amsterdam Trade Bank

Amsterdam Trade Bank (ATB) has embarked on a project with Misys to streamline its banking, treasury and trade finance operations – using Misys FusionBanking Corporate to maximise straight-through processing (STP), reduce the need for manual intervention, and significantly reduce total cost of ownership across all business functions.

/Transaction banking

Netki and Bitt ship digital currency platform for central banks

Netki, a provider of Open Source and Open Standards compliance solutions for blockchains, announced today at Consensus the first production platform for Central Banks using its Digital Identity Service.

/Transaction banking

Bank/fintech collaboration can take transaction banking to new heights

With banks and emerging technology companies bringing a raft of new innovations and business models to the industry, Claudio Camozzo and Jan Kupfer, global co-heads of Global Transaction Banking at UniCredit, argue that bank-fintech collaboration alongside a customer-focused approach is essential to seize – and maximise – the opportunities at hand.

/Transaction banking

Wells Fargo automates account receivables

Wells Fargo & Company (NYSE:WFC) announced today significant enhancements to the Receivables Manager service offered to Treasury Management customers.

/Transaction banking

Citi and Nasdaq run blockchain-based settlement for private securities

Citi is providing financial resolution for secondary market transactions conducted over Nasdaq's Linq Platform, using distributed ledger technology from Chain to address the challenges of liquidity in private securities by streamlining payment transactions between multiple parties.

/Transaction banking

EBA analyses role of distributed ledgers in international payments

The Euro Banking Association today issued a new information paper looking into potential benefits and use cases of cryptotechnologies in the context of international payments and more specifically correspondent banking practices.

/Transaction banking

Security experts struggle in search for WannaCry clues - Reuters

Efforts by IT security researchers to get to the bottom of the recent ransomware attack have been hampered by an inability to find early traces of the so-called WannaCry strain, according to research commissioned by Reuters and conducted by security ratings firm BitSight.

/Transaction banking

Riskopy acquired by Coupa for data aggregation capability

Coupa Software, a leader in cloud-based spend management, today announced that it has acquired substantially all of the assets of Riskopy, Inc.

/Transaction banking

Hanse Orga Group acquires Tembit Software

Hanse Orga Group, the market leader in financial automation software, today announces that it has found agreement with Tembit Software, a provider of cloud and mobile payment applications for companies in the financial and corporate sectors, to join Hanse Orga Group.

/Transaction banking

Sixteen banks back trade finance risk distribution platform

CCRManager Pte Ltd, a global trade FinTech company, today announced the launch of an innovative new electronic platform developed for the distribution of trade finance, supply chain finance and working capital assets.

/Transaction banking

SocGen names Eric Bayle as head of global transaction banking in the UK

Previously Head of Payments & Cash Management in the UK, Eric Bayle’s main responsibilities will be to further develop Societe Generale’s transaction banking services in the country, offering non-banking financial institutions and corporates a wide range of banking services to optimise and manage their daily financial transactions and commercial operations.

/Transaction banking

Swift launches cyber-threat intelligence service

Interbank co-operative Swift has launched an 'Information Sharing and Analysis Centre' to provide member banks with timely intelligence on the latest trends in cyber-security.

/Transaction banking

Banco BNI Europa to provide £45m to UK SMEs through MarketInvoice

MarketInvoice, the world’s largest peer-to-peer online invoice finance marketplace, has signed an agreement with Banco BNI Europa (BNI) to provide £45 million in funding annually on the marketplace to fund working capital solutions for businesses across the UK.

/Transaction banking

EBAday 2017: Towards full payments digitalisation

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the twelfth annual EBAday, taking place this year in Dublin between the 20th and 21st June.

/Transaction banking

Bank of China joins Chaps as direct participant

CHAPS Clearing Company Limited, the UK’s same day high-value payment system, welcomes Bank of China Limited as a shareholder and Direct Participant in CHAPS with immediate effect.

/Transaction banking

Tungsten connects with BlueVine for SME financing

Tungsten Network, a leading global business transaction network, and BlueVine, a leading provider of online working capital financing, unveiled a new partnership today that aims to better meet the financing needs of small and medium-sized businesses (SMB’s) on Tungsten’s Network.

/Transaction banking

Moneycorp to acquire US-based Commonwealth Foreign Exchange

The Moneycorp Group has signed an agreement to acquire US-based corporate international payments business, Commonwealth Foreign Exchange, Inc.

/Transaction banking

Bank of England to take over running of Chaps as RTGS make-over comes onstream

The Bank of England is to take over the direct running of the UK's Chaps high value payment system as part of a blueprint for a rebuild of its real-time gross settlement platform to accommodate new market entrants and a future-proofed interface to distributed ledger technology.

/Transaction banking

EBRD joins Swift KYC Registry

In a move to facilitate global and local financial flows and ensure their transparency, the European Bank for Reconstruction and Development has signed up to use SWIFT’s Know Your Customer (KYC) Registry and is encouraging partner banks in countries where it invests to follow suit.

/Transaction banking

Demand for new ways to consume financial services

Nick Ogden, Executive Chairman, ClearBank, discusses the importance of creating new banks, how they can differentiate themselves, and the development of the UK fintech scene.