26 September 2017
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Latest transaction banking news

R3 and 12 banks plan overhaul of open-account trade finance

R3 and 12 banks plan overhaul of open-account trade finance

4 hours ago  |  2786 views  |  0 comments | 8 tweets | 15 linkedin

Blockchain consortium R3 is collaborating with 12 banks and technology vendor TradeIX on an open-account trade finance project for corporate buyers and sellers around the world.

Finextra partners with top banks and vendors for Sibos debates

Finextra partners with top banks and vendors for Sibos debates

22 September 2017  |  5333 views  |  0 comments | 1 tweets | 3 linkedin

Finextra is partnering with leading banks and vendors to run a series of roundtable events covering corporate banking, trade and supply chain finance and winning strategies for fintech collaboration at the annual Sibos conference in Toronto in October.

SBI Ripple Asia advances on South Korea

SBI Ripple Asia advances on South Korea

19 September 2017  |  9359 views  |  0 comments | 16 tweets | 1 linkedin

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

Square applies for bank status

Square applies for bank status

07 September 2017  |  17024 views  |  4 comments | 40 tweets | 32 linkedin

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).

New EC rules could enable banks to increase their software spending

New EC rules could enable banks to increase their software spending

06 September 2017  |  10342 views  |  0 comments | 11 tweets | 21 linkedin

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

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

06 September 2017  |  14586 views  |  2 comments | 24 tweets | 33 linkedin

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

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

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

05 September 2017  |  17890 views  |  0 comments | 24 tweets | 21 linkedin

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

Aussie banks unveil new fintech features

Aussie banks unveil new fintech features

04 September 2017  |  10202 views  |  0 comments | 12 tweets | 12 linkedin

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.

India's central bank plans blockchain platform

India's central bank plans blockchain platform

01 September 2017  |  16303 views  |  0 comments

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

Danish payments processor Nets close to $5bn buyout

Danish payments processor Nets close to $5bn buyout

01 September 2017  |  13707 views  |  0 comments

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.

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