Transaction banking

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/Transaction banking

Avaloq appoints new board member

Michael Pahlke has been appointed Chief Service Delivery Officer (CSDO) joining the Avaloq Group Executive Board on 1 November 2018, with a focus on expanding the firm’s global operational and technological capabilities to ensure highest levels of customer satisfaction.

/Transaction banking

Ant Financial launches new fintech brand

Ant Financial Services Group (“Ant Financial” or “the Company”) today announced that the Company would open up a full suite of technology products and services under a new brand, Ant Financial Technology, to support the growth of financial institutions by improving user experience and lowering costs.

/Transaction banking

WorldRemit links up to WhatsApp for its remittance service

Leading digital money transfer company WorldRemit has added WhatsApp notifications to its service.

/Transaction banking

Synechron hires head of digital

Synechron, the global financial services consulting and technology services provider, has today announced that Sébastien Glineur has joined as Head of its digital practice in Paris.

/Transaction banking

Barclays makes transaction banking hires

Barclays has hired James Binns and Robin Terry into senior roles in its Transaction Banking business, in a move to boost its Corporate Banking operations in the UK, across Europe and globally.

/Transaction banking

Blockchain could unlock $1 trillion in trade, mostly for SMEs and emerging economies - WEF

Distributed ledger technologies (DLT) – of which blockchain is the best known form – could play a major role in reducing the worldwide trade finance gap, enabling trade that otherwise could not take place, finds a new study by the World Economic Forum and Bain & Company.

/Transaction banking

Bill.com moves into international business payments

Bill.com, the leading digital business payments company, today announced the general availability of International Business Payments.

/Transaction banking

André Casterman joins Board of trade finance market network Tradeteq

Innovative trade finance market network Tradeteq has appointed former SWIFT Managing Director André Casterman as a non-executive director.

/Transaction banking

Sberbank launches 'Seven Minute' project for large corporate loans

Sberbank has implemented the Seven Minutes project, a unique online loan for large businesses, which has no alternatives.

/Transaction banking

Treasuries underestimating the importance of API - Deutsche Bank

Are treasuries underestimating the importance of robotics and open interfaces (APIs)?

/Transaction banking

Banking Circle launches receivables factoring

Banking Circle, the global scale financial utility, has launched Banking Circle Receivables Factoring giving Payment Services Providers (PSPs) and FinTechs another add value for their client offering.

/Transaction banking

Bellin debuts QR code fraud protection feature

Users of the BELLIN GTB Hub app now benefit from even more efficient and effortless fraud protection.

/Transaction banking

Bankable appoints former BNP Paribas executive Guillaume Flies as head of advisory

Level39 member Bankable welcomes Guillaume Flies as Head of Advisory, reporting to the Bankable CEO and Founder Eric Mouilleron.

/Transaction banking

Portal Finance raises $1.6 million seed from Magma; $200 million debt commiment from BTG Pactual

Portal Finance, an invoice-backed finance company that streamlines access to capital for small- and medium-sized businesses in Latin America, raised US$1.6 million in a seed investment round led by the US-Latin America venture capital fund, Magma Partners.

/Transaction banking

INTL FCStone acquires Swift Service Bureau from PayCommerce

INTL FCStone Inc. (NASDAQ: INTL) today announced that to expand the capabilities of its Global Payments Division, it has acquired the fully accredited SWIFT Service Bureau from PayCommerce.

/Transaction banking

Wan Hai Lines executes first Bolero International electronic bill of lading

Wan Hai Lines, the Taiwan-based carrier with the most comprehensive service network in Asia, has partnered with Bolero International, the trade finance digitisation expert, to execute its first electronic bill of lading (eBL) for a large shipment of polyester filament from Taiwan to China.

/Transaction banking

Swift appoints David Scola as head of North America

SWIFT has appointed Dave Scola as its Head of North America. Previously Global Head of Financial Institutions at Barclays, Scola will take responsibility for SWIFT’s innovation and growth strategy in the US and Canada.

/Transaction banking

Diebold Nixdorf secures new financing for product push

Diebold Nixdorf (NYSE: DBD) today has obtained a new term loan and announced amendments to its senior secured credit agreement, including revised financial covenants, to enhance the company's financial flexibility.

/Transaction banking

Bellin opens Karlsruhe office

BELLIN has opened a new office in Karlsruhe, further cementing its claim as a leader in corporate banking and treasury technology.

/Transaction banking

Half of UK businesses have purchase processes unfit for purpose: report

The majority of businesses in the UK (54%) are using purchase processes which are "not fit for purpose" according to finance decision makers.

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