Transaction banking

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/wholesale

CZ eliminates trade paper documentation with WaveBL

As a leading supply chain services company operating in the UK, CZ, sought to streamline its trade finance operations and reduce the time-intensive processes associated with paper-based trade documentation.

/wholesale

SmartStream and Finastra forge collateral management partnership

SmartStream announces that it has partnered with Finastra, another global provider of financial services software applications, to extend collateral management workflows across Treasury and Capital Markets, with special focus on MEA and APAC regions.

/wholesale

WealthKernel teams with Round Treasury to help businesses safeguard their treasury and cash

WealthKernel, a digital investing infrastructure provider, today announces a new partnership with Round Treasury, a banking and treasury platform that aims to simplify and help businesses manage their treasury and cash.

/wholesale

Bank of Ireland pivots to Surecomp's Trade Finance-as-a-service

Surecomp today announced that Bank of Ireland, the country's leading financial institution, has chosen to deploy its DOKA-NG platform as a SaaS solution to streamline back-office trade finance operational efficiency.

/wholesale

Planixs and Finastra join forces

Planixs is excited to announce its new partnership with Finastra, a global provider of financial services software applications.

/wholesale

Boubyan Bank goes live on Intellect's e-Mach.ai for transaction banking

Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena Ltd is proud to announce the successful second phase go-live of its eMACH.ai DTB solution at Boubyan Bank, one of Kuwait’s leading Islamic banks and a pioneer in digital transformation.

/Transaction banking

FirstBank UK renews contract with Planixs

Planixs, a leader in real-time treasury and liquidity management solutions, is excited to announce the renewal of its partnership with prominent international bank, FirstBank UK as it reinforces Planixs as a trusted provider of treasury management solutions.

/payments

BofA's CashPro app on track for $1 trillion in annual payment approvals

By the end of 2024, Bank of America corporate clients will have made over $1 Trillion in payment approvals on the bank’s CashPro App, the mobile application that companies use to manage their treasury operations.

/payments

Tietoevry Banking joins Bian

Tietoevry Banking, a leading provider of modular software solutions for financial institutions, is joining the Banking Industry Architecture Network (BIAN).

/payments

The Clearing House to raise RTP network individual transaction limit to $10m

The Clearing House, the operator of the RTP® network, the largest instant payments system in the United States, will raise the individual transaction limit to $10 million. The increased limit supports growth on the network in areas including real estate, supply chain payments, and business-to-business transactions that require larger transaction amounts.

/crime

Pole Star Global integrates with Eastnets for vessel tracking to curtail maritime financial crime

This enhancement equips financial institutions with real-time vessel tracking and AI-driven monitoring, both crucial for addressing the escalating challenges of trade-based financial crime.

/wholesale

Standard Chartered and Ant International demonstrate intra-group blockchain-based SGD settlement

Standard Chartered and Ant International today announced the successful completion of SGD-denominated liquidity transfers between its entities using Ant International’s blockchain-based Whale platform.

/payments

NatWest contracts with Capco for smooth transition to ISO 20022

NatWest has partnered with Capco, the global management and technology consultancy, to ensure a smooth transition for its systems and clients as the financial industry moves to adopt ISO 20022 for payments and reporting.

/wholesale

OCBC and Ant International sign cross-border payments MoU

OCBC and Ant International have formed a strategic partnership to enhance the efficiency and speed of cross-border fund settlements.

/wholesale

BofA sees 51% increase in companies using APIs for real-time treasury needs

The demand for real time data and transaction processing is driving a record number of Bank of America business clients to adopt Application Programming Interfaces (APIs).

/wholesale

BNY and Mizuho forge trade finance pact

The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, and Mizuho Bank, Ltd. (“Mizuho Bank”), the banking arm of Mizuho Financial Group, Inc. (NYSE: MFG) and one of the largest full-service financial institutions in the world, jointly announced a landmark agreement for correspondent bank network connectivity for international trade.

/cloud

UAE’s National Bank of Fujairah (NBF) selects Intellect for wholesale banking on Microsoft Azure

Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena Ltd is proud to announce its partnership with National Bank of Fujairah (NBF), an award-winning UAE-based full-service corporate bank, to enhance its digital capabilities.

/wholesale

Deutsche Bank goes live on new correspondent banking system, dbx

Deutsche Bank’s Institutional Cash and Trade announces the launch of dbX, paving the way for its next generation, fully integrated correspondent banking ecosystem.

/cloud

iGTB launches eMACH.ai Cloud for Wholesale Banking

Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, proudly announces the global launch of eMACH.ai Cloud for Wholesale Banking.

/cloud

ZTL launches in Sweden and Denmark

Every year entrepreneurs spend large sums of money on the banks handling their payments. Now a system is being launched that manages the transfers directly from the companies' business and payroll systems at as much as halved costs.

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