The Bank of England has today published a consultation document setting out in detail plans first announced in March 2015 for a new sterling money market data collection. The consultation also sets out, at a high level, how the Bank plans to use these data to reform the Sterling Overnight Index Average (SONIA) benchmark interest rate.
Earthport, the largest open global bank payment network, has today announced Singapore as its new regional base in Asia. Building on its extensive and growing links, the new office will provide a physical base in Singapore as a FinTech hub for the region, supporting further expansion in emerging trading nations across South East Asia.
Visa Inc. (NYSE:V) today announced it is working with Orbitz for Business, the corporate travel brand of Orbitz Worldwide (OWW), to provide corporate clients with a turn-key, end-to-end travel and expense solution designed to make booking, reconciliation and reporting more efficient.
EBS BrokerTec, ICAP’s market-leading electronic foreign exchange and fixed income business, announces that, in line with its multi-product expansion strategy it has combined MyTreasury into its product portfolio.
Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that DOKA 5, its configurable bank back-office solution for documentary trade finance, has been awarded the “SWIFT Certified Application – Trade Finance” label for a 15th consecutive year.
Worldline, European market leader in payment and transactional services, will continue to manage comdirect’s credit card processing for a further seven years.
ANZ today announced the appointment of Francyn Stuckey as Global Head of Capabilities
and Client Solutions in its transaction banking business, reporting to Managing Director
Global Transaction Banking Carole Berndt.
Velocimetrics, the provider of real-time business flow performance monitoring and analysis solutions to the global financial community, today announces the release of VMX Payments.
Deutsche Bank’ Global Transaction Banking (GTB) division has embedded SWIFT’s Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance, into its KYC procedures.
Recent SWIFT data shows that the growth in RMB payments is supported by an increasing number of banks.
© Finextra Research 2015