Latest Transaction banking News: Finextra Research

Bankable appoints former BNP Paribas executive Guillaume Flies as head of advisory

Level39 member Bankable welcomes Guillaume Flies as Head of Advisory, reporting to the Bankable CEO and Founder Eric Mouilleron.

06 September 2018

Company update/Transaction banking

Portal Finance raises $1.6 million seed from Magma; $200 million debt commiment from BTG Pactual

Portal Finance, an invoice-backed finance company that streamlines access to capital for small- and medium-sized businesses in Latin America, raised US$1.6 million in a seed investment round led by the US-Latin America venture capital fund, Magma Partners.

06 September 2018

News/Transaction banking

ABN Amro and solarisBank invest in loan securitisation startup CrossLend

ABN Amro and solarisBank have participated in a $14 million funding round for CrossLend, a Berlin-based startup which is endeavoring to use blockchain technology to create a European debt exchange.

06 September 2018

Company update/Transaction banking

INTL FCStone acquires Swift Service Bureau from PayCommerce

INTL FCStone Inc. (NASDAQ: INTL) today announced that to expand the capabilities of its Global Payments Division, it has acquired the fully accredited SWIFT Service Bureau from PayCommerce.

06 September 2018

Company update/Transaction banking

Wan Hai Lines executes first Bolero International electronic bill of lading

Wan Hai Lines, the Taiwan-based carrier with the most comprehensive service network in Asia, has partnered with Bolero International, the trade finance digitisation expert, to execute its first electronic bill of lading (eBL) for a large shipment of polyester filament from Taiwan to China.

05 September 2018

Company update/Transaction banking

Swift appoints David Scola as head of North America

SWIFT has appointed Dave Scola as its Head of North America. Previously Global Head of Financial Institutions at Barclays, Scola will take responsibility for SWIFT’s innovation and growth strategy in the US and Canada.

04 September 2018

Finextra TV/Transaction banking

P2P Community Engagement for KYC, Client On Boarding and CLM professionals

Laura Glynn, Director of Global Regulatory Compliance, Fenergo, talks about Fenergo's Regulatory Forum, how its Regulatory Rules Engine helps financial institutions to manage and future-proof their compliance obligations, and what financial institutions look for in a compliance solution

04 September 2018

News/Transaction banking

IBM to demo blockchain-based payment system at Sibos

IBM is preparing to demonstrate a blockchain-based alternative payments system to international banking representatives attending the annual Swift operations conference in October in Sydney.

04 September 2018

News/Transaction banking

Funding Circle seeks £2 billion valuation for stockmarket debut

UK-based P2P business loans outfit has confirmed plans to float 25% of its shares in an IPO that would value the seven-year old company at £2 billion.

03 September 2018

Company update/Transaction banking

Diebold Nixdorf secures new financing for product push

Diebold Nixdorf (NYSE: DBD) today has obtained a new term loan and announced amendments to its senior secured credit agreement, including revised financial covenants, to enhance the company's financial flexibility.

31 August 2018

News/Transaction banking

Sage CEO steps down amid cloud problems

Accounting software firm Sage has parted company with its chief executive following problems encountered in the migration of its service to the cloud

31 August 2018

Company update/Transaction banking

Bellin opens Karlsruhe office

BELLIN has opened a new office in Karlsruhe, further cementing its claim as a leader in corporate banking and treasury technology.

31 August 2018

Company update/Transaction banking

Half of UK businesses have purchase processes unfit for purpose: report

The majority of businesses in the UK (54%) are using purchase processes which are "not fit for purpose" according to finance decision makers.

30 August 2018

News/Transaction banking

First fintech goes live on Swift's cross-border payments scheme

UK-based Ebury has become the first fintech to be a full and active participant on gpi, Swift's cross-border payments scheme.

30 August 2018

News/Transaction banking

Australian central bank assures public after outage

Full service has resumed at the Reserve Bank of Australia (RBA) after it suffered a power outage on Thursday.

30 August 2018

Company update/Transaction banking

Datavita snares £4.6m funding from Santander

Lanarkshire-based DataVita Ltd, a leading datacentre and cloud services provider, has secured £4.6 million in funding from long-term banking partner Santander Corporate & Commercial which will see the creation of up to 50 new technology jobs in Scotland.

30 August 2018

Company update/Transaction banking

Dubai and Singapore regulators sign fintech agreement

The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) today entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.

29 August 2018