03 March 2015

Latest Transaction banking announcements


UniCredit completes first BPO transaction in Italy

27 February 2015  |  2387 views  |  0 comments

UniCredit has today successfully completed the first BPO (Bank Payment Obligation) transaction ever carried out in Italy, for the payment of a commercial operation concluded between SPIG S.P.A., a leading producer of industrial cooling systems based in Arona, in the province of Novara, and one of its German suppliers, a UniCredit Bank AG customer.


Worldpay partners Can Capital on small business working capital

26 February 2015  |  1068 views  |  0 comments

Worldpay, a leading global provider of payments technology and services, and CAN Capital, the market share leader in alternative small business finance, announced today a renewed relationship to offer merchants fast, efficient access to working capital so they can grow and manage their businesses while preserving cash flow.


ING partners Basware to offer automated invoice payment

26 February 2015  |  1257 views  |  0 comments | 1 tweets | 1 linkedin

To support companies with further optimising their purchase to pay (P2P) process and their working capital management, ING, a global financial institution of Dutch origin, will start to offer an automated invoice payment solution that can be easily added to the existing P2P workflow.


Fidelity Institutional combines clearing and custody divisions

25 February 2015  |  1135 views  |  0 comments

Fidelity Institutional, the division of Fidelity Investments® that provides clearing, custody and investment management products to registered investment advisors (RIAs), broker-dealers, family offices, retirement recordkeepers and banks, today announced the alignment of its clearing and custody units.


Andrew England joins Intellect UK

23 February 2015  |  1456 views  |  0 comments | 3 linkedin

Intellect Design Arena Limited (a Polaris Group company), announced today that Andrew England, External Senior Advisor of Transaction Banking for McKinsey joins Intellect as Director of its subsidiary Intellect Design Arena Limited, UK and Head of Strategy of its transaction banking division, iGTB.


Major Dutch banks choose Worldline to manage Sepa eMandate services and iDEAL transactions

19 February 2015  |  2142 views  |  0 comments

Worldline [Euronext:WLN], European leader in the payments and transactional services industry, today announced that it has signed two contracts with major Dutch banks.


Beehive moves into SME invoice financing

17 February 2015  |  1023 views  |  0 comments

Beehive, the UAE's leading online marketplace for peer-to-peer finance, has launched its SME Invoice Financing product to help the thousands of small-to-medium-sized businesses (SMEs) in the country ease cash flow issues and reach their full potential.


Reval hires Kent Shibata as Japan solution consultant

17 February 2015  |  854 views  |  0 comments

As companies continue to expand outside of Japan in support of Prime Minister Abe's economic strategy, recent developments by global treasury technology leader Reval demonstrate that Japan's corporate treasury function is under pressure to change.


Chaps volumes overtake pre-recession levels

05 February 2015  |  1277 views  |  0 comments

Latest figures published today by CHAPS reveal that for the first time in seven years CHAPS volumes have exceeded pre-recession and financial crisis levels, reflecting the general revival in financial activity.


Denmark's Spar Nord Bank selects MIT trade finance platform

02 February 2015  |  1626 views  |  0 comments

MIT (Micro Informatique & Technologies SA) is pleased to announce that Spar Nord Bank in Denmark has opted for MIT's front to back Trade Finance platform to replace its existing systems.

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