Transaction banking

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/Transaction banking

A recipe for quality customer experience

Mike Plimsoll, Industry Marketing Director, Adobe, talks about how efficient use of data, creativity flow, effective processing and people interaction are the key ingredients for quality customer experience.

/Transaction banking

TerraPay gets green light for cross-border money transfer operation in South Africa

TerraPay, the world’s first mobile payments switch, announced today that it has successfully obtained regulatory approval from South African Reserve Bank to launch cross-border money transfer services in South Africa.

/Transaction banking

WorldFirst launches payments platform for online marketplace sellers

The World Account, a new international payments platform from UK-based FinTech WorldFirst, goes live for online marketplace sellers today.

/Transaction banking

Cryptocurrency transactions to exceed $1trn by year-end: report

A new report has forecast that the value of cryptocurrency transactions will surpass the $1 trillion milestone before the end of 2017.

/Transaction banking

Aussie banks unveil new fintech features

Two Australian banks unveiled updates to their banking services with ANZ Bank launching a voice-based identity service for mobile banking and National Australia Bank (NAB) debuting a chatbot for its business banking service.

/Transaction banking

HSBC compliance expert joins UK fintech startup

Fintech startup Paybase, which delivers an end-to-end solution for payments, compliance and risk, has hired former HSBC Financial Crime and Compliance Manager, Danielle Herndon, as Head of Compliance and MLRO (Money Laundering Reporting Officer).

/Transaction banking

equensWorldline signs up three Dutch banks for Instant Payments projects

Bezons, Worldline [Euronext:WLN], European leader in the payments and transactional services industry announces that its subsidiary, equensWorldline SE, was selected by three major banks in the Netherlands as their infrastructure provider for Instant Payments.

/Transaction banking

India's central bank plans blockchain platform

The R&D unit of the Reserve Bank of India is preparing to launch a banking platform based on blockchain technology.

/Transaction banking

Danish payments processor Nets close to $5bn buyout

Nets, the largest payments processor in Scandinavia, is rumoured to be close to a private equity buy-out that would value the company at more than $5bn, according to a report from the Financial Times.

/Transaction banking

Mutual of Omaha and CSI globalVcard deepen payments relationship

CSI globalVCard, a leading B2B payments company specializing in secure payments with rewards, today announced that it has expanded its relationship with Mutual of Omaha Bank to provide virtual credit card and e-payment services to the bank’s corporate clients.

/Transaction banking

Mazars picks SugarCRM for business transformation project

Mazars, a professional services firm specialising in audit, advisory, accounting and tax services, has recovered 2,000 hours annually by eliminating repetitive data entry.

/Transaction banking

Experimentation and failure key for innovation

Nektarios Liolios, Co-Founder & CEO of Startupbootcamp, and Anton Tomic Global Head of Financial Services Business Development, SAP, talk at the SAP Financial Services Forum about innovation and how it requires both an acceleration in engagement and investment, as well as a joining of forces between internal and external efforts to innovate.

/Transaction banking

Banking partners need common objectives

Jarkko Turunen, Head of Open Banking Development, Nordea, speaks at the SAP Financial Services Forum in London about what the main drivers for partner collaboration are, including cost reduction and client experience, which in turn is improved by boosting innovation with new and niche markets.

/Transaction banking

Russian bank opens blockchain research centre

Russia has stepped up its plans to exploit the potential of distributed ledger technology (DLT) with the announcement that state-owned bank Vnesheconombank (VEB) is to open a blockchain research centre in Moscow.

/Transaction banking

France and Sweden's fintech ambitions get Brexit boost

The UK's divorce from the EU has led to France and Sweden gaining a larger share of the number of fintech deals done within the Union, according to the research firm CBInsights.

/Transaction banking

Enterpay and Collector Bank in Nordic fintech alliance

Enterpay and Collector Bank have kicked off their collaboration. Collector Bank will add a B2B invoice powered by Enterpay to its payment method selection in Finland and later in the Nordics.

/Transaction banking

Al Hilal Bank and Visa partner for payments in UAE

Global payments technology company, Visa (NYSE:V), and Al Hilal Bank today announced a partnership to accelerate the adoption of contactless payments in the country and facilitate payments innovation in the UAE with the launch of three Visa payWave-enabled premium debit cards.

/Transaction banking

Hong Kong and Dubai pledge fintech allegiance

The respective regulators of the Hong Kong and Dubai financial markets have signed an agreement designed to further their mutual cooperation on all things fintech.

/Transaction banking

UK challenger bank launches as proptech market hots up

Redwood Bank, a new challenger bank providing mortgages to small businesses and professional landlords, has opened its doors four months after it was granted a banking license.

/Transaction banking

Paybase gets £700k grant from Innovate UK

London-based FinTech startup Paybase has received a grant of almost £700,000 from Innovate UK to democratise eMoney infrastructure for SMEs and startups.