Latest Transaction banking News: Finextra Research

ANZ forms panel of tech experts to advise board

ANZ today announced the establishment of an international panel of technology experts to provide advice to the Board on the strategic application of new technologies and on emerging technology, digital and social media trends that affect the Bank’s business and strategic direction.

10 August 2015

Finextra TV/Transaction banking

What do we mean by instant payments?

Petri Syvanne, VP, head of global payment services & infrastructure, Nordea talks about how the definition of instant payments should be tied to the user experience.

10 August 2015

Company update/Transaction banking

CIB goes live with Intellect Design Arena's custody services platform

Intellect Design Arena Limited, a specialist in applying true Digital Technologies across Banking & Insurance, today announced that Commercial International Bank (CIB) the largest private-sector bank in Egypt, has gone live with Intellect Custody Solution.

05 August 2015

Company update/Transaction banking

PowertoPay earns Swift corporate cash management label

PowertoPay has been awarded the 2015 SWIFT Corporate Cash Management Label for the second consecutive year. All validations to qualify the PowertoPay Corporate Payment Hub for the Corporates Cash Management label have been completed and proven to be successful.

04 August 2015

Company update/Transaction banking

Surecomp Imex wins Swift label

Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that IMEX, its high-volume back-office trade finance solution for banks, has been award the “SWIFT Certified Application – Trade Finance” label for a 17th consecutive year.

03 August 2015

Company update/Transaction banking

Bank of England plans new sterling money market data collection

The Bank of England has today published a consultation document setting out in detail plans first announced in March 2015 for a new sterling money market data collection. The consultation also sets out, at a high level, how the Bank plans to use these data to reform the Sterling Overnight Index Average (SONIA) benchmark interest rate.

30 July 2015

Company update/Transaction banking

Earthport opens Singapore base

Earthport, the largest open global bank payment network, has today announced Singapore as its new regional base in Asia. Building on its extensive and growing links, the new office will provide a physical base in Singapore as a FinTech hub for the region, supporting further expansion in emerging trading nations across South East Asia.

29 July 2015

Finextra TV/Transaction banking

Addressing start-up competition

Likhit Wagle, Global Industry Leader, Banking & Financial Markets at IBM Global Business Services and Rob Hetherington, General Manager FS EMEA at SAP talk through the challenges facing financial institutions in adjusting their processes at speed to meet competition.

29 July 2015

Company update/Transaction banking

Visa and Orbitz for Business collaborate on travel expense management package

Visa Inc. (NYSE:V) today announced it is working with Orbitz for Business, the corporate travel brand of Orbitz Worldwide (OWW), to provide corporate clients with a turn-key, end-to-end travel and expense solution designed to make booking, reconciliation and reporting more efficient.

28 July 2015

Company update/Transaction banking

Icap folds MyTreasury into EBS BrokerTec

EBS BrokerTec, ICAP’s market-leading electronic foreign exchange and fixed income business, announces that, in line with its multi-product expansion strategy it has combined MyTreasury into its product portfolio.

28 July 2015

Company update/Transaction banking

Surecomp Doka 5 awarded Swift label

Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that DOKA 5, its configurable bank back-office solution for documentary trade finance, has been awarded the “SWIFT Certified Application – Trade Finance” label for a 15th consecutive year.

27 July 2015

Finextra TV/Transaction banking

Core banking transformation

Mark Kaplan & Monika Wirth, Partners at Accenture look at the challenges around core banking transformation, the growing need for change and the complexities and investments necessary to bring banking services into the digital age.

24 July 2015

Company update/Transaction banking

Comdirect and Worldline extend credit card processing arrangement

Worldline, European market leader in payment and transactional services, will continue to manage comdirect’s credit card processing for a further seven years.

23 July 2015

Finextra TV/Transaction banking

Financial institutions and the disruptors

Mike Laven, CEO of Currency Cloud talks of the relationship between start-ups and larger financial institutions and the positive collaborative efforts these two parties can enjoy for the benefit of customers.

21 July 2015

Company update/Transaction banking

ANZ makes new appointment in Global Transaction Banking unit

ANZ today announced the appointment of Francyn Stuckey as Global Head of Capabilities and Client Solutions in its transaction banking business, reporting to Managing Director Global Transaction Banking Carole Berndt.

17 July 2015

Finextra TV/Transaction banking

Addressing the digital gap

Scott Bales, Managing Director of Innovation Labs Asia elaborates on the transition between the industrial era and the digital age, and how banks now need to prioritise collaboration with their customers, to identify their needs and develop relevant products for them.

17 July 2015

Finextra TV/Transaction banking

Distributed ledgers upending old models

Patrick Griffin, EVP of Business Development at Ripple Labs talks about the disruptive force of distributed ledgers, but also their tremendous potential as a new model, and how they can help manage cash flows between financial institutions.

16 July 2015

Finextra TV/Transaction banking

Making capital work better for SMEs

Marco Bosma, EVP Financial Logistics at Rabobank talks through the benefits to both banks and corporate customers of using technology to make the management of working capital and credit lines more efficient.

10 July 2015

Finextra TV/Transaction banking

Taking a step back for strategic vision

Hugh McCullen, European Consulting Manager at Axxiome Group discusses how core banking transformation is about understanding what technology can do for a business but also looking past technology and taking a holistic view of the business process model, business operations and the fundamentals of what a firm is in business to achieve.

08 July 2015

Finextra TV/Transaction banking

Three ingredients bridge bank-client relationship

Jarle Holm, VP Innovation and Business Development at EVRY explains why research, customer collaboration and shorter product development cycles are the key elements to keep banks relevant to their customers.

03 July 2015