Latest Transaction banking News: Finextra Research

Barclays invests in blockchain-based invoice exchange startup Crowdz

Barclays has led a $5.5 million Series A funding round for Crowdz, the Silicon-Valley startup behind a global, blockchain-based invoice exchange vowing to revolutionise the $9 trillion receivables market

29 May 2019

Finextra TV/Transaction banking

Tangible areas of AI in your business

Dan Reid, CTO and Founder, Xceptor, speaks at NextGen Banking London, The AI Revolution, about some of the most tangible areas where AI has demonstrated maximum benefit, whether AI is the panacea that some of the hype might suggest and what new lines of revenue AI presents.

28 May 2019

Company update/Transaction banking

New data on correspondent banking networks shows 20% reduction in relationships over seven years

The number of correspondent banking relationships has shrunk by 20% over the past seven years, according to analysis of new data, published today by the Committee on Payments and Market Infrastructures (CPMI), the global standard setter for payment, clearing and settlement services.

28 May 2019

Company update/Transaction banking

ICC warns of regulatory overkill in trade finance sector

The International Chamber of Commerce (ICC) Banking Commission has today released a whitepaper urging the trade finance industry to work together to ensure that regulation does not hinder the availability of trade finance and remains relevant in a digital landscape.

28 May 2019

News/Transaction banking

Kyriba brings real-time payments to treasurers through JPMorgan API

Cloud-based treasury management outfit Kyriba is tapping JPMorgan's API to enable shared clients to send real-time payments in the US.

24 May 2019

Company update/Transaction banking

OCBC and Bank of Shanghai enter collaboration pact

OCBC Bank and Bank of Shanghai deepened their strategic partnership and laid down the groundwork for future progress with the signing of an MOU on 24 May 2019 at the inaugural Singapore-Shanghai Comprehensive Cooperation Council (SSCCC) meeting in Shanghai.

24 May 2019

News/Transaction banking

EBAday 2019 to set the agenda for European payments industry

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the fourteenth annual EBAday, taking place this year in Stockholm between the 18th and 19th June.

24 May 2019

News/wholesale

Standard Chartered rolls out Trade AI Engine

Standard Chartered has teamed up with IBM to launch an "augmented intelligence' engine for trade document processing.

23 May 2019

News/Transaction banking

Live: Swift Latin American Regional Conference - day two

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

22 May 2019

Company update/Transaction banking

BCS Global Markets launches international payments service

The London-based business of BCS Global Markets (BCS GM) which obtained its transaction banking license in 2018 is launching an advanced global payments service, BCS Global Markets: International Payments.

21 May 2019

News/Transaction banking

Swift to test real-time cross border payments in Europe

Banks from France, Germany, Italy, Luxembourg, Russia and Spain have joined with Swift to test real-time gpi cross-border payments through the Eurosystem’s Target Instant Payment Settlement (Tips).

21 May 2019

News/payments

Deutsche Bank warns ISO 20022 migration not just another IT project

The migration to ISO 20022 offers a major opportunity for banks and corporates, but it is not simply "another IT project" and will require CEO commitment and allocation of appropriate budgets, according to a Deutsche Bank guide.

20 May 2019

News/Transaction banking

Sixteen startups selected for EBAday Fintech Zone

Sixteen of Europe's top fintech startups have been selected to demo their products to a prestigious panel of senior banking executives at this year's EBAday symposium in Sweden.

17 May 2019

Finextra TV/Transaction banking

The future of digital banking platforms

Santosh Thomas, Executive VP & President, Global Growth Markets, Cognizant, speaks at The Temenos Community Forum 2019 in The Hague about the banking industry in the next decade, the future of digital banking platforms and how Cognizant is helping banks redefine customer engagement.

14 May 2019

News/security

BofA Merrill Lynch integrates Apple Watch app into CashPro

Bank of America Merrill Lynch is integrating its CashPro corporate treasury platform with the Apple Watch, enabling users to get a one-time security token to their handset.

14 May 2019

Company update/payments

PPRO and HighRadius form B2B payments partnership

PPRO, the leading global e-payments specialist, has partnered with HighRadius, a fintech enterprise software-as-a-service company, specialising in automating the order-to-cash and treasury management processes, to offer merchant clients a faster and easier way, and more options, to accept payments from their buyers.

14 May 2019

Finextra TV/Transaction banking

AI Innovation: A Differentiator for Banking

Prema Varadhan, VP of AI Centre of Excellence, Temenos, speaks at The Temenos Community Forum 2019 in The Hague about the priority banks place on the value of AI to their institutions, which business functions are likely to gain the most value from the use of AI and the main challenges that banks face in implementing AI at scale.

14 May 2019

Company update/payments

Deutsche Bank brings instant payments to Malaysia

Deutsche Bank today announced that it is now able to process payments using Malaysia’s instant credit clearing system, DuitNow (read: do-it-now) for corporate clients.

14 May 2019

News/Transaction banking

SoftBank Vision fund invests $800m in UK fintech

SoftBank's Vision Fund, the largest fintech venture capital fund in the world is reported to be investing $800m in a UK-based supplier of alternative supply chain finance, thereby doubling its valuation to $3.5bn.

13 May 2019

Company update/Transaction banking

JP Morgan invests in Indian fintech

Global PayEx, a fast-growing player in the Electronic Invoice Presentment & Payment (EIPP) and business-to-business (B2B) payments space based in India, today announced a strategic investment by J.P. Morgan.

13 May 2019