Latest Transaction banking News: Finextra Research

2014: That was the year that was

As Finextra pulls the shutters down on 2014, we take a look back at our most popular news stories, videos, features and blogs over the course of the past year. The site will re-open for business on 2 January 2015.

22 December 2014

News/Transaction banking

Payments Council to explore prospects for providing more information with payments

The UK's Payments Council has committed to explore options for incorporating richer data sets alongside business and consumer electronic payment transactions.

19 December 2014

Company update/Transaction banking

Swift Institute research highlights five enablers for implementation of successful regional payments

Paper ranks the comparative success of various regional payments integration projects that are necessary to support economic growth.

16 December 2014

Company update/Transaction banking

Snowy Hydro selects Reval to integrate treasury operations

Reval, a global Software-as-a-Service (SaaS) provider of scalable and integrated Treasury and Risk Management (TRM) solutions, announced today that Snowy Hydro, one of Australia´s National Electricity Market's largest generators by capacity, has selected Reval to automate and integrate cash management, payments processing and hedge accounting in support of its growth strategy.

16 December 2014

Finextra TV/Transaction banking

Addressing The Know Your Customer Challenge (KYC), Utilities & Managed Services

Anna Mazzone, Global Head of Accelus Org ID, KYC managed Service at Thomson Reuters discusses the challenges the industry is facing around Know Your Customer (KYC), Anti-Money Laundering (AML) & Terrorist Funding regulations, what best practices are taking place in the market today and the differences between proposed market utilities and managed service offerings.

11 December 2014

Finextra TV/Transaction banking

FinTech: Beyond the hype

Paul Thomalla, SVP & MD EMEA and Lu Zurawski, practice lead, consumer payments EMEA both of ACI Worldwide talk about what banks are really doing to respond to digital change.

11 December 2014

News/Transaction banking

Immediate payments 'next frontier' for European integration - ECB

With progress towards a single euro payments area well in train, the European Central Bank has identified instant payments with immediate availability of funds as the industry's next frontier for harmonisation and cross-border collaboration.

09 December 2014

Finextra TV/Transaction banking

Real-time payments over breakfast

Kevin Brown, MD, Payment Industry Insights Limited and Paul Thomalla, SVP & General Manager EMEA, ACI Worldwide, give an overview of the recent EBADay Breakfast Forum in London including the junction between real-time payments and liquidity management.

09 December 2014

News/Transaction banking

Ripple to plug into Earthport payment network

Ripple Labs is to plug its real-time settlement protocol into the Earthport payment hub, opening new channels to market for the open source transaction technology.

04 December 2014

Company update/Transaction banking

Crossing-Tech embeds C24 into Connectivity Factory

C24 Technologies (C24), a global leader in financial services messaging and integration solutions, today announced a partnership with Crossing-Tech, a trusted provider of IT solutions. Crossing-Tech will embed C24 Integration Objects (C24-iO) into Connectivity Factory enabling banks and financial firms to gain real-time business insight into activities such as fraud, regulatory compliance, financial transactions and governance.

03 December 2014

Finextra TV/Transaction banking

The freedom to innovate the bank

Sameem Jaffrey, Founder Aptitude Advisors & previously Chief Commercial Officer for Group Technology UBS AG and Balazs Fejes, Global Head of Banking and Financial Services Industry Business Unit, EPAM discuss the challanges banks face as they try to balance effective innovation within their IT strategies.

01 December 2014

Finextra TV/Transaction banking

Digital transformation in corporate banking

Balazs Fejes, SVP, global head of Banking and Financial Services, EPAM Systems discusses the debate from our live webcast looking at how corporate and transactional banking is dealing with digital change.

28 November 2014

Company update/Transaction banking

Ajman Bank adopts SmartStream’s Corona

SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that Ajman Bank, the award-winning Islamic financial services institution, has implemented SmartStream’s Corona solution to improve its operations and provide a better quality of services to its customers.

26 November 2014

Finextra TV/Transaction banking

Meeting RDA compliance for 2016

Mike Zehetmayr, Partner, European Finance, Risk & Compliance and Marc Wood, Associate Partner European Finance, Risk & Compliance both at IBM GBS look at what banks need to do to meet the upcoming regulations concerning Risk Data Aggregation.

25 November 2014

News/Transaction banking

Bank of England appoints Deloitte to probe Chaps breakdown

The Bank of England has appointed Deloitte to conduct an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last month.

24 November 2014

Finextra TV/Transaction banking

Retooling the Debate on the Governance of Global Finance

Professor Erik Jones of The Johns Hopkins University SAIS and Nuffield College discusses his new research examining the institutional preconditions for stable financial integration in a 'theory of optimal financial areas' (OFA).

24 November 2014

Company update/Transaction banking

BTMU fined $315 million over US dollar clearing controls

The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”) announced today that it has entered into a consent agreement with the New York State Department of Financial Services (“DFS”) to resolve issues relating to instructions given to PricewaterhouseCoopers LLP (“PwC”) and the disclosures made to the DFS in connection with BTMU’s 2007 and 2008 voluntary investigation of BTMU’s U.S. dollar clearing activity toward countries under U.S. economic sanctions.

19 November 2014

Company update/Transaction banking

Bank of the Philippine Islands adopts Swift’s Sanctions Screening service

SWIFT announces today that Bank of the Philippine Islands (BPI) has become the 250th customer to subscribe to its Sanctions Screening service.

18 November 2014

Finextra TV/Transaction banking

ISO20022: The same old story?

Patrik Neutjens, head of reference data and Stephen Lindsay, head of standards, Swift, explain how the discussion around ISO 20022 is moving forward and Swift's response to an increase in attention towards the standard.

17 November 2014

Finextra TV/Transaction banking

A big demand for big data

Astrid Thorsen, head of business intelligence solutions and Stephen Gilderdale, head of new business development, Swift, discuss why big data is a significant topic for Sibos delegates, Swift's response to the demand in big data and what role it could play in the coming years.

17 November 2014