Transaction banking

3399 articles tagged with this keyword

/sustainable

De-risking sustainable reporting of commercial banking data

While the Sustainable Development Goals (SDGs) set by the United Nations General Assembly for 2030 are ambitious, the financial services industry will play a crucial role in supporting countries with implementing new approaches to build momentum and accelerate progress.

/sustainable

Banks must adopt decarbonisation strategy ahead of imminent climate crisis

The influx of green banking initiatives and risk management tools has done little to remedy the expansion of fossil fuel financing and commercial attitudes remain unchanged as we move forward towards what is now a climate crisis, according to Boston Common Asset Management’s 2019 report.

/Transaction banking

MAS blockchain payment project moves into fifth phase

The Monetary Authority of Singapore says it has engaged with more than 40 financial and non-financial firms to determine the commercial viability and value of its blockchain-based prototype for multi-currency payments.

/Transaction banking

NextGen Nordics: P27 Momentum with EPAM

Alistair Brown, Global Head of Payments, EPAM, speaks about P27 in the lead up to NextGen Nordics. He describes how the ambitious P27 journey is shaping up, what challenges lie ahead, which industry players will benefit most from the initiative and what EPAM hope to take away from Finextra's NextGen Nordic event in Stockholm.

/Transaction banking

Is the industry on target for ISO20022 implementation?

Paula Roels, Head of Market Infrastructure and Industry Initiatives, Cash Management, Deutsche Bank speaks at Sibos about the migration of ISO20022, whether the industry is on track for implementing it for 2021, different approaches we are seeing from banks and how they can make the most of this time from a business perspective.

/Transaction banking

Digital Banking Strategy for 2020 Fraud Challenges

Scott M. Clements, Chief Executive Officer and President at OneSpan, talks to Finextra TV about innovation trends in digital banking, the rise of identity theft and mobile fraud, and the need for banks to increase agility as the threat environment evolves rapidly.

/crypto

Fiat Currency 2.0: Counter argument to the Cryptocurrency narrative

Tony McLaughlin, Emerging Payments & Business Development, Citi, speaks at Money 20/20 USA about the practical problems that still need addressing in the crypto-currency community, how Fiat Currency 2.0 will help fix payments as a counter balance to crypto and what challenges still exist around tokenisation and coins. We ask how this impacts the big techs and what regulatory, political and ethical concerns need to be addressed first before they achieve their own currencies.

/Transaction banking

Rise Up programme promoting industry diversity

Nicole Zimmermann, Head of Customer & Marketing Global Payments, Western Union, speaks at Money 20/20 USA in Las Vegas about diversity and the Rise Up programme, takeaways from the event, how awareness about diversity can be encouraged and what future goals Rise Up is aiming for.

/Transaction banking

Disrupting from within: MUFG Union Bank's mindset

Pierre P. Habis, President, PurePoint Financial, Head of Consumer Banking, MUFG Union Bank, speaks at Money 20/20 about the Innovation Lab PurePoint Financial open to the public, the lesson that have been learnt from building the business, the challenges around building a hybrid culture and the mindset needed to disrupt from within.

/Transaction banking

Santander splashes £350 million for majority stake in Ebury

Banco Santander is to pay £350 million to acquire a 50.1% majority stake in Ebury, a provider of corporate banking services to SMEs that trade internationally.

/ai

AI will not be job killer - IBM research

Contrary to the conventional wisdom, new technologies such as AI will actually kill off few jobs, according to research from the MIT-IBM Watson AI Lab.

/Transaction banking

Commonwealth Trade Bank chooses Intellect Digital Core

Intellect Design Arena, a specialist in applying true Digital Technologies across Banking and Insurance, announces a prestigious engagement with The Commonwealth Trade Bank, an established UK regulated wholesale bank, focused on supporting the financial needs of clients operating in the international trade arena.

/Transaction banking

TZero to tokenise $640 million of real estate projects across the UK

tZERO, the global leader in blockchain innovation for capital markets, announced today that it has partnered with Alliance Investments, a UK-based direct-to-developer real estate investment company, to provide technology services to tokenize Alliance Investments’ River Plaza, a 180-unit luxury residential development that is located in Manchester, UK.

/payments

Bank of America taps Flywire for streamlined cross border payments

Flywire today announced a new offering that streamlines the receipt of cross-border transactions for Bank of America Merrill Lynch’s higher education and corporate clients.

/Transaction banking

Greensill lands $655 million investment; acquires UK fintech FreeUp

Greensill, a UK-based supplier of alternative supply chain finance, has secured a $655 million follow-on investment from SoftBank Vision Fund.

/Transaction banking

MarketInvoice creates new business to support larger corporates

Business finance company MarketInvoice, has launched a new specialist team to provide finance facilities for Britain’s larger businesses.

/Transaction banking

Will the next financial crisis be a cybersecurity crisis?

Recent economic slowdown coupled with widespread geopolitical risk has stoked fears that a recession is looming, which will inevitably invite comparisons with the financial crisis of 2007-08.

/Transaction banking

European Transformation and SWIFT's Instant Payments Pilot

Saskia Devolder, Head of Western & Central Europe and Deputy Chief Executive, EMEA, SWIFT speaks at Sibos about Instant Payments in Europe, SWIFT's Instant Payments pilot, transformation in Europe and globally and the challenges banks are facing along the way.

/Transaction banking

World Payments Report 2019: Building collaborative ecosystem and leveraging instant payments

Christophe Vergne, World Payments Report leader, and Jeroen Holscher, Head of Global Payments Practice at Capgemini Financial Services talk about the need for banks to build collaborative ecosystem to help counter BigTech threat, the role of regulation around open banking , and how much instant payment is becoming a reality.

/ai

Tradeteq forms AI partnership with Wroclaw University

Tradeteq, the electronic trading platform for institutional trade finance investors, has partnered with leading research academics at Wroclaw University of Science and Technology (WUST) to explore and develop new models for data analysis using artificial intelligence (AI).