682 articles tagged with this keyword
News/Trade finance
As the Sibos conference and exhibition in Vienna draws to a close, we look back on a turbulent week.
19 September 2008
A survey by Finextra Research and Misys reveals that 45% of banks say their ability to provide a joined up service to corporates is average or worse. But to counter this, more and more banks are consolidating lines of business into a transaction banking group, and investing more in new products delivered online.
15 September 2008
Banks and corporates have been given the go-ahead to use the Swift financial messaging network for the exchange of trade finance-related information, including Letters of Credit advice and applications.
25 June 2008
The Royal Bank of Scotland (RBS) is implementing technology from Fundtech-subsidiary Accountis to provide bank-branded electronic invoicing services to its corporate customers.
17 June 2008
UK financial software house Gresham Computing has recruited industry expert Eric Sepkes as executive chairman as it looks to boost its business and reverse a slide in revenue and profits.
29 April 2008
SunGard says Pakistan-based Dawood Islamic Bank (DIBL) is using its System Access Customer Service Manager package to provide Shariah-compliant Internet banking services to retail and corporate customers.
08 January 2008
Italian banking group UBI Banca International is rolling out the Midas Plus core banking package and the TI Plus trade finance application from UK vendor Misys across its EU branches.
17 December 2007
Bangladesh's AB Bank has rolled out technology from UK banking systems vendor Misys to support its retail and trade finance operations.
10 December 2007
Nigeria's Intercontinental Bank (IBL) has rolled out technology from UK banking systems vendor Misys to support its trade finance operations.
06 December 2007
Corporate representatives attending the Swift banking conference have told banks that they must develop a deeper insight into treasury back-office and IT processes if they wish to play a bigger role in the financial and physical supply chain.
03 October 2007
Nordic tech vendor TietoEnator has launched a white labelled on-demand service that enables banks to capture payments information exchanged through corporate supply chains.
02 October 2007
Germany's WestLB is to use the Bolero trade finance platform to provide automated multi-bank services to its corporate customers for processing Letters of Credit and Guarantees.
01 October 2007
Belgian banking group KBC is implementing technology from UK software house Misys to provide corporate clients with services via the SwiftNet Trade Services Utility (TSU).
Allied Irish Bank has extended its trade services outsourcing contract with ABN Amro for another five years to 2012
UK banking group Lloyds TSB has outsourced its trade back office processing operations to US bank Wachovia.
28 September 2007
Misys has launched a trade services portal through which corporate treasurers can manage their trade finance relationships with multiple banking partners.
Singapore's Oversea-Chinese Banking Corporation (OCBC) is outsourcing its trade finance processing to JPMorgan Treasury Services.
21 August 2007
ANZ has inked an agreement with the Australian government to trial a system that will enable its business customers to access government services via the Internet using a chip card.
31 July 2007
JPMorgan and BNP Paribas have processed the first live interbank end-to-end transaction through the now-commercially available SwiftNet Trade Services Utility (TSU).
26 April 2007
Banks must partner with like-minded technology vendors if they are to meet the growing demands of corporate customers for improved supply chain integration capabilities, says market analyst firm TowerGroup.
17 April 2007
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