Transaction banking

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/Transaction banking

BNY Mellon adds FX to payments platform

BNY Mellon, a global leader in investment management and investment services, has passed an important milestone in the continuing development of its global payments infrastructure with the launch of enhanced foreign exchange payment capabilities.

/Transaction banking

Cashless payments startup IWIAfrica connects to banks and exchanges with Volante

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, data and payments, today announced the use of Volante Designer within IWIAfrica to enable communication with banks and financial institutions’ systems via SWIFT and FIX messages.

/Transaction banking

Currencies Direct aims for end-to-end STP with Trace's Transformer

Trace Financial announced today that Currencies Direct, the global money transfer specialists, are using Transformer's powerful message and data transformation capabilities to streamline the handling of inbound and outbound SWIFT messages.

/Transaction banking

Bottomline certified for Prompt Payment Code

Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice, and digital banking solutions, today announced independent certification for the Prompt Payment Code.

Working capital for Nordic corporates

/Transaction banking

Working capital for Nordic corporates

Robin Bergholm, head of working capital management, Nordea discusses the highlights from a report the bank produced looking at working capital.

/Transaction banking

TAS Group launches partner programme

TAS Group today unveiled its comprehensive, new globally aligned Partner Program, which offers partners more hands-on programs, partnership tracks and certifications to further ensure their success.

Payments UK sets out vision for 'world class' services

/Transaction banking

Payments UK sets out vision for 'world class' services

Trade association Payments UK has vowed to improve access to payments infrastructure and give customers more control over transactions as part of a drive to ensure Britain has a "world class" system.

/Transaction banking

Gresham revenues up 11% in H1

Gresham Computing plc (LSE: “GHT”, “Gresham” or the “Group”), the leading software and services company that specialises in providing real-time financial transaction control software, announces its unaudited half year results for the six months ended 30 June 2015.

/Transaction banking

Wells Fargo appoints Nick Lawrence to lead supply chain finance roll out in Europe

Wells Fargo Capital Finance, part of Wells Fargo & Company (WFC), announced that Nick Lawrence has been appointed as managing director for Supply Chain Finance (SCF) as it finalizes the build out of its European platform to support all three international products, Channel Finance, Supplier Finance and Sales Finance.

Earthport opens gateway to distributed ledgers with Ripple

/Transaction banking

Earthport opens gateway to distributed ledgers with Ripple

UK-based payments network Earthport has opened a distributed ledger gateway for bank clients to process real-time cross border payments via the Ripple protocol.

/Transaction banking

HSBC mandated as RMB concentration bank for LME Clear

HSBC has been mandated as the sole offshore RMB concentration bank for LME Clear, the clearing house for the London Metal Exchange (LME) market.

/Transaction banking

FCA authorises Instinet as payment institution

Instinet Europe Limited (Instinet) today announced that it has received regulatory authorisation from the FCA as a Payment Institution.

MarketInvoice to broaden access to retail investors with £6 million investment

/Transaction banking

MarketInvoice to broaden access to retail investors with £6 million investment

MarketInvoice, a P2P platform for small business lending, has raised £6 million in its first round of financing as part of an effort to attract retail investors.

/Transaction banking

Tradeshift strikes $30 million deal to buy Merchantry

Tradeshift, the fastest growing supplier collaboration platform, announced that it has acquired Merchantry, a leading cloud-based product information management (PIM) provider for $30 million in cash and stock.

/Transaction banking

Alvean looks to Bolero for digitised sugar transaction

Alvean Sugar and Lantic Inc, have successfully completed a shipment using Bolero’s cloud-based messaging services in an industry first for the commodity type.

/Transaction banking

Working capital startup C2FO secures $40 million funding round

C2FO, the world’s largest market for working capital, has reported its Q2 2015 working capital flows of $5.4BN, more than four times the rate compared to $1.2BN in Q2 2014. This record was fueled by a substantial increase in supplier early payment demand.

Embracing UK Real Time Faster Payments

/Transaction banking

Embracing UK Real Time Faster Payments

In December the UK’s Faster Payments scheme will launch a new access model. With research showing a high level of interest in real-time payments among corporates, banks need to embrace the opportunities and revamp their tech or risk losing business, according to AccessPay.

/Transaction banking

Shinhan Bank certified by Swift for corporate servicing

Swift announces that Shinhan Bank has recently been awarded an advanced bank-readiness certification from Swift.

/Transaction banking

Japan Post Bank chooses Earthport payment network

Earthport (AIM: EPO), the leading payment network for cross border transactions, announces an agreement to enable cross-border services for Japan Post Bank, Japan’s largest retail bank in terms of deposits.

/Transaction banking

ISO revised standard for currency code published

Pounds or sterling, dollars or bucks? Our globalised world would feel a lot less global if it we didn't have agreed codes for money. ISO's newly revised standard for currency codes has just been published, ensuring it is fit for the challenges of a fast changing, ever diminishing world.

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