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Sibos signing: Deutsche Bank and Turkey's Garanti forge closer ties

/Sibos

Sibos signing: Deutsche Bank and Turkey's Garanti forge closer ties

Deutsche Bank and Garanti Bank have signed a cooperation agreement for the establishment of a closer global relationship in cross-currency cash management and trade finance.

Earthport and IPFA collaborate on untapped cross-border payments market

/Sibos

Earthport and IPFA collaborate on untapped cross-border payments market

UK-based payments shop Earthport is to adopt the standards laid down by International Payments Framework Association (IPFA) as part of an international drive to meet small business demands for more efficient cross-border payments services.

Swift completes eBAM pilot

/Sibos

Swift completes eBAM pilot

A pilot exercise led by financial messaging cooperative Swift for a single multibank platform enabling corporates to manage their account electronically has been completed.

Payment investigations initiative hampered by slow corporate uptake

/Sibos

Payment investigations initiative hampered by slow corporate uptake

A bank-led initiative to develop a utility model for end-to-end automation in the payment investigations process is being held back by a lack of corporate involvement.

Brazil's Caixa Econômica Federal consolidates USD remittance processing with Eurogiro

/Sibos

Brazil's Caixa Econômica Federal consolidates USD remittance processing with Eurogiro

Brazil's Caixa Econômica Federal has consolidated its US dollar settlement needs with Deutsche Bank via cross-border payments network Eurogiro.

Deutsche and SEB team on Electrolux supply chain finance

/Sibos

Deutsche and SEB team on Electrolux supply chain finance

Germany's Deutsche Bank has teamed up with SEB of Sweden to establish a financial supply chain (FSC) programme for mutual customer Electrolux.

Banks sceptical about meeting 2014 Sepa compliance deadline

/Sibos

Banks sceptical about meeting 2014 Sepa compliance deadline

Bankers and corporates do not expect to meet a 2014 deadline for Sepa compliance, according to a straw poll of delegates conducted during a panel discussion of the controversial payment initiative at the annual congress of banking co-operative Swift.

Deutsche ramps up Asian presence

/Sibos

Deutsche ramps up Asian presence

Deutsche Bank's expansion into Asia continues apace with the signing of new operational support and liquidity management arrangement with China Merchants Bank.

Movenbank promises to 'reboot' banking at Sibos

/Sibos

Movenbank promises to 'reboot' banking at Sibos

Bank innovation evangelist and inveterate Finextra blogger Brett King took to the stage at the Sibos international banking conference in Toronto to outline his plans for the creation of Movenbank, an entirely new branchless, paperless, and mobile centric bank.

China Citic extends Deutsche Bank FX4Cash service to corporate clients

/Sibos

China Citic extends Deutsche Bank FX4Cash service to corporate clients

China Citic Bank is to extend the use of Deutsche Bank's FX4Cash system beyond its retail base to provide global cross-currency payments processing for its corporate clients.

Cost-cutting and IT complexity top concerns for transaction banks

/Sibos

Cost-cutting and IT complexity top concerns for transaction banks

Reducing IT complexity and cutting costs are the biggest challenges facing transaction bankers, according to a survey of 44 top tier banks conducted by Finextra on behalf of Misys.

SunGard to buy Swift service bureau Syntesys

/Sibos

SunGard to buy Swift service bureau Syntesys

SunGard has reached an agreement on the acquisition of Syntesys, a European Swift service bureau, in a bid to expand its outsourcing service for corporate to bank messaging.

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