Reconciliation

91 articles tagged with this keyword

/payments

JP Morgan invests in B2B payments platform Slope

JP Morgan is making an equity investment in, and providing a debt facility to, AI-led business-to-business payments platform Slope.

/regulation

European taskforce calls for T+1 alignment

A group representing buy and sell-side firms and market infrastructure providers across Europe has called on the UK, Switzerland and the EU to coordinate plans to shorten the settlement cycle for securities trades.

/wholesale

Deutsche Bank's Blue Water Fintech Lab rolls out first commercial product

Deutsche Bank's Blue Water Fintech Lab has released its first commercial product, a robotic process automation platform for multi-bank data processing and reconciliation.

/payments

NatWest releases payment APIs for corporate customers

NatWest has released three new APIs to support corporate, commercial, and institutional customer demand for real time payments and automated reconciliation, including BACs payments.

/startups

Payable raises $6.1m to modernise business payments

Payable, a payments operations platform for businesses, has raised $6.1 million in a funding round led by CRV and Earlybird.

/payments

Google fund invests in Dutch fintech Payaut

Google's AI-focus venture fund has led an €8 million seed round for Payaut, an automated payment provider for online platforms and marketplaces.

/payments

Stripe to buy payments reconciliation outfit Recko

Stripe has agreed to buy Recko, an Indian outfit that provides payments reconciliation software for internet businesses. Financial terms were not disclosed.

/payments

EBAday 2021: Payments innovation and the benefits cascading down the waterfall model

EBAday 2021 has flown by, and the sessions throughout day three of the event served to build on the momentum from day one and two. Another punchy strategic roundtable addressed the need for industry-wide collaboration to drive payments innovation, while two boisterous chatrooms tackled the weighty subjects of Open Banking, CBDCs and stablecoins.

/payments

BNY Mellon taps RTP network for digital bill-pay play

BNY Mellon is taking advantage of The Clearing House's RTP network for a new real-time electronic bill and payment service.

/payments

Boost raises $22m to digitise B2B payments

B2B payments player Boost Payment Solutions has raised $22 million in a Series C funding round led by Invictus Growth Partners.

/wholesale

Citi picks Volante for global ISO 20022 migration

US banking giant Citi is enlisting Volante Technologies to accelerate its adoption of the ISO 20022 financial messaging standard across its global payments operations.

/payments

EBAday 2020: Banks’ plumbing still needs work before ISO 20022 migration

Diving into the ‘Unlocking customer value through ISO 20022’ session on day three of EBAday 2020, Guy Moons, head of enterprise payments solution, FIS, believes that the migration toward ISO is as revolutionary to the economy as going from a black and white television to a smart TV.

/payments

EBAday 2020: It’s do-or-die time for real-time payments

Launching into the session ‘Reaping the potential of real-time payments’, Dean Wallace, director of real-time payments, digital and request to pay, ACI Worldwide argues that the expectations of the market will only continue to evolve, pressuring financial institutions to finalise their real-time payments (RTP) strategy.

/payments

RTGS Global rolls out stage 1 of liquidity visibility network

In collaboration with Microsoft, cross-border transaction network RTGS Global has launched the first stage of its operational rollout to boost visibility of interbank liquidity.

/payments

Capitalising on Eurosystem changes to bolster instant payments

The benefits of implementing a cohesive instant payments system are manifold and well documented. As evidenced by the incoming European Single Market Infrastructure Gateway (ESMIG) and the need to integrate interoperable systems across Europe, the ability to access infrastructure that facilitates instant payments is vital.

/cloud

FNZ scores deal to provide blockchain tech to South African investment industry

Wealthtech provider FNZ has struck a deal with FinSwitch to provide a new blockchain-enabled administration utility for the South African fund management industry.

/markets

OCC taps DLT for securities lending infrastructure

Equity derivatives clearing organisation OCC has selected Axoni to help it replace its securities lending infrastructure with distributed ledger technology.

/payments

Italian banks go live on Spunta Banca DLT platform

A group of Italian banks has gone live with a distributed ledger technology-based system for the reconciliation of reciprocal accounts.

/wealth

InvestCloud launches digital platform for IFAs

InvestCloud has unveiled a digital platform for wealth management and turnkey asset management programs (Tamps).

/regulation

Piercing the LIBOR veil: Concern brews over looming deadline

While financial institutions across the market remain outwardly confident about their LIBOR transition strategy, uncertainty continues to surround the feasibility of achieving the migration within proposed deadlines.