Transaction banking

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Scotiabank's new digital payments platform provides real-time services and cash management APIs

Scotiabank has announced the launch of Scotia TranXactTM – a digital payments platform that provides business banking clients with on-demand access to Scotiabank's payments and cash management Application Programming Interfaces (APIs).

/wholesale

Deutsche Bank taps Traydstream to automate document checking for trade finance products

Deutsche Bank and Traydstream have been working together since July 2021 with a detailed pilot of the Traydstream automated trade document checking platform.

/sustainable

TradeSun and Coriolis Technologies partner for ESG scoring of trade transactions

TradeSun, a technology company leveraging artificial intelligence for trade compliance and automation, and Coriolis Technologies, a leading trade data and analytics provider, have partnered to launch an integrated solution for banks to measure and verify environmental, social and governance (ESG) performance across trade transactions.

/people

Bian appoints Salesforce and Citi execs to board

The Banking Industry Architecture Network (“BIAN”), the independent not-for-profit standards association, today announces two new appointments to its executive board. Eran Agrios, Senior Vice President and General Manager, Financial Services at Salesforce and Tracy Strong, Global Head of Technology Strategy for Personal Banking and Wealth Management at Citi have both joined the executive board effective 10 May 2022.

/wholesale

GTreasury launches ClearConnect API suite

GTreasury, a treasury and risk management platform provider, today announced the launch of ClearConnect.

/payments

Derivates Path teams up with Goldman Sachs to deliver FX and global payments to US community banks

Derivative Path, a leading provider of capital markets technology and derivatives execution services to regional and community banks, announced it is collaborating with Goldman Sachs Transaction Banking (TxB) to offer an automated, digital-first payments platform to help financial institutions with spot foreign exchange and international payments.

/people

TradeSun appoints JPMorgan's Bhumish Shah as CTO

TradeSun has hired Bhumish Shah as Chief Technology Officer to lead technology as the company continues its rapid global expansion.

/payments

Nexi signs corporate treasury deal with Piteco

Nexi, the leading PayTech in Europe, and Piteco (PITE:IM), an Italian software house providing corporate treasury management and financial planning solutions, sign a partnership enabling large corporations and SMEs to have a new digital payment solution at their disposal.

/wholesale

Surecomp unveils trade finance platform Rivo

Surecomp today announced the launch of its new collaborative trade finance platform RIVO, bringing together an ecosystem of corporates, financial institutions and fintechs.

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GSBN develops proof-of-concept for two blockchain-based trade finance products

Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium building a blockchain-enabled operating system designed to redefine global trade, today announced that its Trade Finance Advisory Group has reached a new milestone, with its first proofs-of-concepts for trade finance products since its inception in September last year.

/payments

Finastra extends collaboration with Orange Bank

Finastra announced today that Orange Bank in France has selected Finastra’s corporate treasury management solution, Fusion KTP in the cloud.

/people

The Bank of London appoints Tom Wood as deputy CEO

The Bank of London, the next-generation technology company and the world’s first purpose-built global clearing, agency, and transaction bank, today announced the appointment of Tom Wood as Deputy-Chief Executive Officer United Kingdom (UK) and Member of its UK Bank Board, reporting directly to Group Chief Executive & Founder, Anthony Watson.

/payments

Form3 taps Goldman Sachs Transaction Banking for cross-border payments

Goldman Sachs Transaction Banking (TxB) and Form3, the leading cloud-native payment technology provider, today announced a new solution that delivers FX and payments capabilities to Form3’s banking clients.

/people

Bank of London appoints Vincent François as chief audit officer

The Bank of London, the next-generation technology company and the world’s first purpose-built global clearing, agency, and transaction bank, today announces the appointment of Vincent François as its Chief Audit Officer (CAO) and member of the bank’s Executive Management Committee.

/wholesale

Axis Bank joins Bian

The Banking Industry Architecture Network (BIAN), an independent, not-for-profit ecosystem formed of leading banks, technology providers, consultants and academics across the globe, today announced that India’s third-largest private sector bank, Axis Bank has joined the organization, becoming the first BIAN member in India.

/wholesale

Situation in Eastern Europe: Deutsche Bank launches information portal for corporate clients

Deutsche Bank has set up an information portal for corporate clients dealing with the economic consequences of the Russian attack on Ukraine.

/wholesale

Surecomp embeds Swedish digital documents firm Enigio

Surecomp today announced that it is partnering with Enigio - the Stockholm-based provider of digital original documents.

/crypto

Orbital launches digital asset platform for multinational treasuries

Today, Orbital announces the launch of its new platform – an industry-first product that bridges the gap between traditional finance and digital asset treasury solutions, facilitating a regulated, secure and frictionless experience for multinational corporates who operate on a global scale.

/wholesale

GC Partners rolls out hedging tool for corporate treasuries

Global cross border payments fintech GC Partners has launched a brand-new service to help corporate clients monitor their hedging strategies.

/payments

Swiss neobank Entris selects Bottomline's SaaS-based payment connectivity platform

Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes complex business payments and financial messaging simple, smart and secure, today announced that ENTRIS BANKING AG, a new Swiss customer, has selected Bottomline’s SaaS-based payment connectivity platform to provide customers with an enhanced, more flexible domestic and international payment experience.

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