Transaction banking

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SBI Ripple Asia advances on South Korea

/Transaction banking

SBI Ripple Asia advances on South Korea

Ripple is to work with financial institutions in South Korea to enable blockchain-based cross-border payments transfers with Japanese banks.

ISO 20022: The common language of choice

/Transaction banking

ISO 20022: The common language of choice

Stephen Lindsay, Head of Standards, SWIFT, and Carlo Palmers, Head of Market Infrastructures, SWIFT, describe the state of play with ISO 20022 globally, the key success factors for adoption, and what market infrastructures specifically need from ISO 20022.

/Transaction banking

ABN Amro implements CBA trade finance front-end across global operations

Norwegian software vendor Commercial Banking Applications (CBA), today announced that ABN AMRO will be implementing the new IBAS Customer Front-End System for Trade Finance across its global operations as part of a project to offer additional functionality to customers, increase efficiency and reduce total cost of ownership.

/Transaction banking

Vistra to acquire corporate services business from Deutsche Bank

Vistra, a leading global corporate service provider, announced today that it has entered into a definitive agreement to acquire the Corporate Services business of Deutsche Bank’s Global Transaction Banking division.

/Transaction banking

DBS brings end-to-end tracking to corporate payments with Swift gpi

Corporates and SMEs in Singapore and Hong Kong can now track their cross-border payments via DBS, leveraging SWIFT Global Payments Innovation (gpi).

/Transaction banking

Santander selects Fenergo for streamlined client onboarding

Fenergo, the leading provider of Client Lifecycle Management software solutions for investment, corporate and private banks, has today announced that Santander has selected its core technology solution to achieve a streamlined client onboarding process.

Setting the standard in an always on, digital world

/Transaction banking

Setting the standard in an always on, digital world

Fabio Grignani, Senior Vice President and Chief Operating Officer, SIA, talks about how the increased volume of digital transactions and changing expectations of payments systems are impacting companies’ business continuity and demanding that they modernize their business architectures through innovation.

/Transaction banking

Swift introduces certification programme for gpi vendors

SWIFT announces today the launch of an approved certification programme for vendors that support SWIFT gpi in their payment applications.

/Transaction banking

Apis invests in Nigeria's Bankers Warehouse

Apis announces the definitive agreement for a significant investment by Apis Growth Fund I, a private equity fund managed by Apis, in Bankers Warehouse Plc, the leading provider of cash management solutions in Nigeria.

/Transaction banking

Microsoft chief Nadella to close Sibos 2017

Satya Nadella, Chief Executive Officer (CEO) of Microsoft, will deliver the closing plenary address at Sibos 2017 Toronto on Thursday 19 October, with a look at how technology is profoundly impacting every aspect of our society and economies.

/Transaction banking

Ex-UBS CIO Bussmann joins Ambrosus as strategic advisor

Ambrosus, the blockchain-based ecosystem for the supply chain, today announced that Oliver Bussmann, one of the world’s leading experts on financial technology, has joined as a Strategic Advisor.

Square applies for bank status

/Transaction banking

Square applies for bank status

Square, the fintech startup headed by Twitter founder Jack Dorsey, has made an official application in the US for a banking license, ending months of speculation about its plans but also reigniting the argument about the use of industrial loans charters (ILCs).

/Transaction banking

The ai Corporation partners with Quatrro for fraud detection

The ai Corporation (ai), an FCA approved expert in fraud and risk management, today announced that it will be partnering with Quatrro, a leading fraud detection and prevention services provider, as part of its continued global expansion and to satisfy the increasing demand for its unique fraud and risk management solutions in the USA

/Transaction banking

Global Processing Services announces support for Apple pay

Global Processing Services (GPS), a leading payments processor, now supports Apple Pay using Mastercard Digital Enablement Service (MDES).

/Transaction banking

Concardis launches new payments platform

For the first time, merchants in German-speaking Europe can now keep an eye on their payment transactions with real-time review.

/Transaction banking

Nucleus Software gets digital with new transaction banking release

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced the release of FinnAxia 4.5, the latest version of its next-generation integrated transaction banking product suite.

New EC rules could enable banks to increase their software spending

/Transaction banking

New EC rules could enable banks to increase their software spending

European banks under siege from digital challengers and sophisticated cyber attackers could face some relief from a possible change in accounting rules that will enable them to spend more on new software.

Deutsche Bank boss says 'big number' will be replaced by robots

/Transaction banking

Deutsche Bank boss says 'big number' will be replaced by robots

John Cryan, chief executive of Deutsche Bank, has told an audience of bankers in Frankfurt that he expects a "big number" of his current staff to be replaced by robots

/Transaction banking

CloudTrade partners with Valtatech to bolster its APAC presence

CloudTrade, the leading provider of cloud based e-invoicing and e-document processing services, today announced that it will be partnering with Melbourne-based Valtatech (Valta Technology Group), as part of its global expansion and to satisfy the increasing demand for its solutions in the APAC markets.

/Transaction banking

Brits lose £600m a year on money transfer fees says new money transfer comparison service

Monito, an online money transfer comparison tool, today launched into the UK market, reveals that banks and expensive money transfer services are costing UK residents more than £600 million each year in excessive international transfer fees, a significant portion of which are hidden.

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