UniCredit is preparing for the roll out of instant payment services to customers in Italy and Germany as it commences testing of EBA Clearing's RT1 real-time platform.
Six leading Swiss corporates with international operations - including ABB, Nestle, Roche, SBB, Swiss Re and Wurth – have issued an open letter in support of Swift's global payment innovation initiative to improve the speed, transparency and predictability of cross-border payments.
Barclays Bank has joined Angel Co-Fund and individual investors in a $5 million funding round for Form3, a provider of an API-based single point of access to the full universe of payment schemes.
A Paris-based consortium of top-rank financial firms are to pool resources in the establishment of a joint venture company that plans to use distributed ledger technology to ease the post-trade processing of SME lending operations.
Intesa Sanpaolo has made an undisclosed investment in SME lending platform iwoca.
Banco Santander has struck a deal with San Francisco-based Tradeshift to provide a suite of supply chain finance services to the 1.5 million companies operating on the startup's marketplace platform.
Mizuho has completed a trade finance transaction between Australia and Japan, digitising all necessary documentation and sharing the data with multiple participants across a distributed ledger.
Applicable from 26 June 2017, the EU Funds Transfer Regulation 2015 (FTR 2015) brings with it many unexpected implementation hurdles for payment service providers (PSPs). Christian Westerhaus, head of product & strategy, Institutional Cash Management, Deutsche Bank, explains why there is more to FTR 2015 than meets the eye.
Interbank messaging network Swift says that 22 additional global banks have joined its blockchain proof of concept (PoC), designed to validate whether the technology can help banks reconcile their international nostro accounts in real time.
Welcome to Finextra's live coverage from Day 2 of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The agenda will examine how technologies such as AI, machine learning, analytics, blockchain, open APIs and the cloud can be best leveraged to deliver truly digitised financial services.
© Finextra Research 2017