874 articles tagged with this keyword
News/wholesale
Citi has partnered with IntraFi Networks to introduce an automated system which allows institutional clients to sweep cash into deposit accounts at US branches of non-US banks.
15 March 2022
SC Ventures, Standard Chartered’s fintech investment and ventures arm, has launched Trade and Supply Chain Connect (TASConnect), a bank agnostic supply chain finance platform based out of Singapore.
15 February 2022
News/payments
A Pay.UK spokesperson has confirmed that the Faster Payment System transaction limit has today increased from £250,000 to £1 million.
08 February 2022
Commerzbank claims that international trade and supply chains have reached a technological inflection point, with emerging technologies in Big data, blockchain, Internet of Things and artifical intelligence set to overturn long-established practices.
03 February 2022
Trovata, a US startup specialising in automating cash workflows through multi-bank API data aggregation, has scored a distribution agreement with Capital One.
31 January 2022
News/crypto
The Central Bank of Bahrain has teamed up with JP Morgan's blockchain and crypto unit Onyx to test the Wall Street giant's JPM Coin digital currency.
07 January 2022
The American Bankers Association is supporting the Federal Reserve's plan to migrate the Fedwire Funds Services to the ISO 20022 message standard in a single day - but says it has "serious concerns" about a lack of detail on testing strategy and requirements for the move.
A payments app developed by Ireland’s high street banks to compete with digital banks has hit a snag after it was announced that the Competition and Consumer Protection Commission (CCPC) would launch an investigation.
09 December 2021
News/startups
The Bank of London is set to enter the UK's clearing market with a pre-revenue valuation of $1.1 billion and plans to recruit 3000 staff over the five years.
30 November 2021
Deutsche Bank has rolled out Swift's new Beneficiary Account Validation (BAV) service, enabling clients to verify payee account details before an international payment instruction is sent.
25 November 2021
A full-scale, multiple central bank digital currency (mCBDC) network could potentially save global corporates up to $100 billion in transaction costs annually, according to a joint research report from Oliver Wyman and JPMorgan.
04 November 2021
Mastercard is to embed working capital into its Track Business Payments package through a partnership with supply chain finance specialist Demica.
21 October 2021
Goldman Sachs has teamed up with American Express to deploy a cloud-based payment service for large corporate clients.
20 October 2021
News/identity
Alloy, the recently named unicorn, has expanded its identity decisioning platform to include credit underwriting, with the intention of building comprehensive views of customers in line with their onboarding and transaction monitoring products.
News/cloud
Wells Fargo is the latest Wall Street giant to back Volante Technologies, investing $10 million in the cloud payments and financial messaging firm.
News/people
Citi's trade and treasury solutions business has appointed Capital One's Naveed Anwar as global head of digital.
19 October 2021
Standard Chartered is to ease enrollments to its supplier finance programme through an online platform delivered by Demica.
12 October 2021
BBVA has inked a deal to integrate cross-border payment and financing services in Ant Group's blockchain platform for global trade, Trusple.
11 August 2021
Goldman Sachs is looking to scale up its new transaction banking business by teaming up with Fiserv to offer the fintech giant's clients services, starting with cross-border supplier payments.
27 July 2021
Blockchain-enabled commercial payments outfit Paystand has raised $50 million in a Series C round of funding led by NewView Capital.
23 July 2021
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