Latest Transaction banking News: Finextra Research

Money 20/20 Europe builds momentum

As Money20/20 Europe begins in Amsterdam, Pat Patel, Content Director, Money20/20 Europe & Asia, introduces the event and talks about what attendees can gain from the conference and what will be the hot topics discussed this year.

04 June 2018

News/Transaction banking

Citi corporate bank joins UK Open Banking framework

Citibank is to join the UK's Open Banking framework to provide an aggregated payments collections service for its business clients, tapping the APIs of the country's largest nine banks.

04 June 2018

Company update/Transaction banking

Saxo Payments rolls out SME financing service

Whether it's a short-term loan to cover the purchase of new equipment or a longer-term arrangement to help expand into new markets, businesses - small and large - need cash. But, following the financial crisis, mainstream lenders appear to remain nervous, leaving SMEs with limited options for financing.

04 June 2018

News/Transaction banking

ING flexes fintech muscles

With Money20/20 about to open in Amsterdam, local bank ING is showing its innovation chops with a slew of announcements around SME financing, fintech investments and smart money management.

04 June 2018

Company update/Transaction banking

NatWest seeks business participants for trial of accounts payable tool

NatWest is looking for businesses to take part in the trial of a new system to help cut costs, improve productivity and boost cash flow.

31 May 2018

Company update/Transaction banking

Natixis joins R3's blockchain-based trade finance network Marco Polo

As part of its ongoing efforts to offer nextgeneration trade finance solutions to its clients, Natixis has announced that it has joined the trade finance network Marco Polo.

31 May 2018

Company update/Transaction banking

Pleo smart company cards secures $16m Series A investment for European expansion

The London and Copenhagen based fintech startup Pleo, that offers smart company payment cards to automate expense reports, today announced a $16M Series A financing round led by Kinnevik, a leading European venture fund based in Stockholm, with participation from existing investors Creandum, Founders and Seedcamp. The round brings the total amount raised by the company to $23M.

30 May 2018

News/Transaction banking

Goldman Sachs leads $250m Tradeshift funding round

Supply chain finance outfit Tradeshift has joined the unicorn club after closing a $250 million Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board.

30 May 2018

Finextra TV/Transaction banking

Who pays the true cost of financial crime?

Che Sidanius, Global Head of Financial Regulatory & Industry Affairs, Thomson Reuters discusses the critical challenges around Financial crime in 2018 so far, how these challenges have impacted governments, companies and individuals, and what they are doing to address the problem.

29 May 2018

Company update/Transaction banking

TransferMate launches Global Receivables to handle overseas payments

TransferMate, the world’s leading cross-border B2B payments provider, today announced the launch of Global Receivables, a new solution for businesses to bill and collect overseas payments from thousands of customers in seconds.

29 May 2018

News/Transaction banking

European payments chiefs to gather in Munich for EBAday2018

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 thirteenth annual EBAday, taking place this year in Munich between the 12th and 13th June.

25 May 2018

Company update/Transaction banking

Bangkok Bank joins R3's Marco Polo consortium

Bangkok Bank Public Company Limited (“Bangkok Bank”), one of the largest regional banks in South East Asia and Thailand’s largest lender, has joined the Marco Polo trade finance initiative run by enterprise software firm R3 and trade finance technology specialist TradeIX.

24 May 2018

Company update/Transaction banking

Swift: A quarter of all cross-border payments now over gpi

SWIFT announces today that just 15 months after the service launched, 25% of all SWIFT cross border payment traffic is being sent over the global payments innovation (gpi). SWIFT gpi, the most transformational change in cross-border payments in 30 years, dramatically enhances the customer experience by increasing the speed, transparency and end-to-end tracking capability of payments.

24 May 2018

News/Transaction banking

Live: Temenos Community Forum (TCF), Dublin, day two

It's the second day of Temenos' annual conference on the banks of the River Liffey in Dublin. Stay tuned for more on the latest in banking transformation and digital disruption, not to mention the Innovation Jam final.

24 May 2018

Company update/Transaction banking

Blue Prism and identitii team up

identitii, the company enabling the secure, trusted and auditable exchange of information within and between counterparty financial institutions, today announced a new partnership with Blue Prism (AIM: PRSM), the global market leader in Robotic Process Automation (RPA).

23 May 2018

News/Transaction banking

Live: Temenos Community Forum (TCF), Dublin, day one

Key banking decision makers to the tune of 1200 have descended on Dublin to discuss the future of Fintech and digital banking for Temenos' annual conference. We're live-blogging proceedings here.

23 May 2018

Company update/Transaction banking

African banks embracing Swift gpi

15 African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Africa, FirstRand Bank, ABSA Bank and Nedbank - and many others are preparing to go live on the service in 2018.

22 May 2018

Company update/Transaction banking

Tradeshift goes all in on blockchain

The problem you didn’t know you had with accounts payable is that making suppliers wait up to 90 days to get paid is bad for innovation, bad for global trade, and bad for business.

21 May 2018

News/Transaction banking

There are some things you just can't do with an app

Ian Rand CEO of Barclays Business banking extols the virtues of relationship banking as digital competition heats up.

21 May 2018

Company update/Transaction banking

Openlink secures ECB risk and treasury mangement contract

Openlink, a leading provider of trading, treasury and risk management solutions, announced that the European Central Bank (ECB) in Frankfurt, Germany, has selected Openlink's solution as its risk and treasury management system.

17 May 2018