Transaction Banking

A community for discussing technology trends, views and perspective in global transaction banking

Uldis Teraudkalns CEO at Nexpay

E-money takes centre stage: 8 trends fueling EMIs growth in banking

Uldis Tēraudkalns, CEO of Nexpay We’ve come a long way since Electronic Money Institutions (EMIs) first appeared in the 2000s. 20 years ago, there was concern about where this e-money trend was taking banking. But time has proved the doubters wrong. According to a KPMG report, in Europe (not counting the UK) between 2017 and 2021, 852 firms were g...

25 January 2024 /payments /retail

Retired Member 

Best Technology Initiative in Trade Finance?

In a discussion that I recently witnessed, a participant wished to know the best and the latest technology initiative that any bank has undertaken in Trade Finance and the benefits that they got out of it. The question set me thinking. There is nothing like end-to-end digital trade as yet. There are no fintechs that distribute traditional trade p...

14 February 2023 /wholesale

Retired Member 

How ecosystem banking turns corporate banking data into real-time intelligence

It’s no secret that banks generate a lot of data. While still a sensitive topic from a compliance perspective, today, real-time intelligence is the source of most opportunities for both banks and their clients. In the corporate space, where banking clients have been progressing their own digital journeys, the demand for actionable insights is hi...

12 December 2022 /payments /cloud

Retired Member 

Ecosystem banking: the role of platforms in corporate banking

The needs of your corporate banking clients are changing. Demand for digital-first solutions, automation, and rich data has steadily increased over the past decade. We’ve seen some improvements to corporate banking services, but nothing to write home about. Ecosystem banking is one way that banks can get ahead. What is ecosystem banking? Ecosyst...

29 November 2022 /payments /cloud

Tushar Chitra Vice President, Product Strategy and Marketing at Oracle Financial Services Software

Is supply chain finance gaining traction over documentary trade?

Over the years, there has been considerable speculation on the impending growth of supply chain finance at a rate higher than growth in documentary trade. According to a report by McKinsey, the CAGR for supply chain finance in the years 2019-2024 is expected to exceed 25%, as against 1-2% for documentary business. These indicators occurred before ...

03 November 2021 /payments /wholesale

Andreas Hobbelin Head of AML & FCP at ZTL PAYMENT SOLUTION

Heard about Hurds bank?

No, it’s not a Bank, it’s an offshore bank located east of Malta (35°53'N 14°45'E) and hardly visible on the map What about Hurds bank? If I say bypassing sanctions, do I have your attention? Since at least 2015, Russia, Venezuela, Iran, Syria, Libya and even North Korea as well as terrorist organizations such as Hamas and Hezbollah, have been r...

01 July 2021 /regulation /crime

Zhenya Winter Head of Marketing for Banks & NBFIs - EMEA & APAC at Bottomline Technologies

Cross Border Payments in Europe – Strategic Innovation Through Co-Existence

What is the opportunity for cross-border business growth? As global business continues to expand, so too does the volume of cross-border payments. There are currently $120 trillion in global B2B payments processed annually. There is a predicted $10T opportunity* in the global high value cross-border payments space according to a survey commissione...

14 June 2021 /payments /wholesale

Retired Member 

Corporate Account Structures, Payments and Intra-Day Liquidity Management

The world of manufacturing has seen JIT (Just In Time) for a long time now. Machine tool operators do not need to keep large inventories of raw material next to their machines. This has improved cash and working capital and ultimately profitability for manufacturing companies. However the same is not entirely true in the corporate transaction ban...

09 July 2020 /payments /wholesale

John Bertrand MD at Tec 8 Limited

April 2020: Banks to double fees on 19 million accounts

Doubling the interest rate on current accounts for 19 million accounts could add an additional £2.4 billion a year income for banks: so how do we handle this with empathy during a pandemic? The economy is been brought to its knees by the Coronavirus and many, many people will be struggling with less income through the rest of 2020. 19 million of th...

04 April 2020 /regulation /retail

Retired Member 

How to help your customers eliminate the go to the bank from their to-do list

When most people think about the term “Bank” they probably envision a retail branch with long queues, behind a rope waiting to seek the services of a teller or branch representative. Well those days are becoming more and more obsolete, as Gen Y and Millennials are seeking convenient, innovative, digital means of banking. Banks need to elevate the...

13 March 2020 /payments /retail