Latest Transaction banking News: Finextra Research

Swift tests payment flows over Microsoft Azure

Swift is testing whether its messaging infrastructure can be hosted on Microsoft Azure to enable cloud-native payments.

22 October 2018

Swift shores up cyber-defences with Payment Controls

SWIFT today announces the introduction of Payment Controls, an intelligent new in-network solution to combat fraudulent payments, and to help strengthen its customers’ existing security.

22 October 2018

Company update/payments

Hickman and Uberoi step aside from Earthport

Earthport plc (AIM: EPO), the leading payment network for cross-border payments, announces today that Phil Hickman, Chairman, will retire from the Company with immediate effect.

22 October 2018

Company update/Sibos

Swire shipping deploys Bolero electronic bills of lading to speed cargo shipment

Swire Shipping, the leading provider of managed liner services, has achieved a significant first by accelerating a shipment of containerised grain from Australia to New Zealand using electronic bills of lading from Bolero International, the trade finance digitisation expert.

22 October 2018

Company update/Transaction banking

Visa readies blockchain-based B2B Connect for market

Visa Inc. (NYSE:V) today announced new product details surrounding digital identity in preparation for a first quarter 2019 launch of Visa B2B Connect.

22 October 2018

News/Transaction banking

NTT Data plans pan-Asian federated trade information platform based on blockchain

NTT Data has completed proof of concept phases including 14 Japanese logistics and financial companies, and interoperability with Singaporean and Thai national trade and customs platforms, as part of its plans to create an international trade data sharing platform.

22 October 2018

News/Transaction banking

Sibos 2018: Swift CEO touts success of gpi, reiterates 2020 for universal adoption

Swift CEO Gottfried Leibbrandt used his opening remarks at this year's Sibos in Sydney to talk up the adoption of Swift’s gpi, better information sharing and visibility around breaches reducing cyber risk, and Swift’s efforts to remain neutral in the face of volatile geopolitical situations.

22 October 2018

Finextra TV/Transaction banking

Banks taking a more agile development approach

Rachid Molinary, Senior Vice President of Digital Strategy and Innovation Banco Popular der Puerto Rico, speaks at Diebold Nixdorf's International Management Seminar in Lisbon, about what banks should do to when taking a more agile development approach, how ATMs are coming both contactless and pinless, and how using the customer journey will improve the customer experience.

20 October 2018

News/Transaction banking

ABN Amro launches container logistics blockchain pilot

ABN Amro is working with the Port of Rotterdam Authority and Samsung SDS on a container logistics blockchain pilot.

19 October 2018

News/Transaction banking

Finextra news and video teams jet off to Sydney and Las Vegas

Finextra will be sending news and video crews to capture all the colour and the highlights from two of the biggest events in the financial technology calendar next week, Sibos in Sydney, Australia, and Money 20/20 in Las Vegas.

19 October 2018

Company update/payments

Basware e-invoicing goes global

Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, offers a global e-Invoice sending service to enable organisations to send 100% invoices electronically to all their customers – businesses, public sector clients and consumers.

19 October 2018

News/Transaction banking

Commerzbank applies machine learning to trade finance compliance

Commerzbank is to apply machine learning technology from Amsterdam-based Conpend to automate pre-compliance checks for traditionally paper-based trade finance transactions.

19 October 2018

Company update/payments

BMO implements payments hub with ACI Worldwide

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, along with BMO Financial Group (BMO), announced today that BMO has rolled out ACI’s world-class payments hub within their business in just nine months, integrating a number of BMO's core payment systems and driving efficiencies for customers.

18 October 2018

Company update/payments

Yandex.Checkout and Sberbank introduce an online payment service for businesses

Yandex.Checkout and Sberbank have launched the B2B Payments service allowing companies to accept online payments from corporate clients as easily as from individuals.

18 October 2018

Company update/Transaction banking

Identitii launches secure blockchain channel for bank-to-corporate communications

Identitii Ltd (ASX: ID8), the fintech enabling the secure overlay of transaction level detail on top of financial messages, has today launched Overlay+, its new platform for enriching payments and corporate treasury transactions.

18 October 2018

News/Sibos

Top banks come together to build Trade Information Network

Seven top-tier banks have joined forces to create a single platform for trade and supply chain finance, helping corporates to communicate seamlessly across multiple banking partners.

18 October 2018

News/Transaction banking

Payments revenue to hit $2.4 trillion by 2027

The payments industry remains one of the brightest spots on the financial services landscape, according to a report from the Boston Consulting Group (BCG) and Swift, which predicts global revenue to grow by more than $1 trillion by 2027.

18 October 2018

Finextra TV/Transaction banking

Critical banking strategies and modernisation

Chantal Constable, VP & Head of Retail Banking UK, CGI, talks about the importance of modernisation, what a transformed bank looks like, and how traditional banks should begin their journey to modernisation.

17 October 2018

Finextra TV/Transaction banking

Open Banking and the changing ecosystem

Sean Devaney, VP, UK Banking and Strategy, CGI, talks about the importance of Open Banking as a new initiative, the ways in which it can be implemented how it will improve the customer journey.

17 October 2018

Finextra TV/Transaction banking

Bringing together the vision of connected commerce

Gerrard Schmid, President and Chief Executive Officer Diebold Nixdorf, speaks at Diebold Nixdorf's International Management Seminar in Lisbon, about how banks need to support their customers through multi-channels as a result of digitisation, what is driving mobile banking, where the potential is for retail banks, and whether cash is really becoming extinct.

17 October 2018