Transaction banking

1372 articles tagged with this keyword

/Transaction banking

Ghana International Bank extends Planixs treasury contract

Existing Planixs customer, Ghana International Bank (GHIB), has renewed its contract with the leading provider of real-time, intraday cash, collateral and liquidity management solutions, to continue to manage its cash and liquidity through Planixs’ Realiti treasury software suite.

/Transaction banking

ICC launches high-level advisory group to prime trade finance for Covid-19 recovery

The International Chamber of Commerce, the institutional representative of 45 million businesses worldwide, has announced the creation of a new Advisory Group on Trade Finance (ATF) – a cross-sectoral coalition of leaders in global trade.

/wholesale

FactSet to provide European Commission with global supply chain data

FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has been selected by the European Commission (EC) to deliver comprehensive and up-to-date data on global supply chains.

/startups

Stratify raises $4.9 million seed round to help companies manage budgets

Stratify, a venture-backed start-up focused on bringing a collaborative and connected approach to strategic finance, today announced it has closed a $4.9 million Series Seed investment to transform financial planning and analysis by tackling one of the most important elements of managing any company - the budgeting process.

/wholesale

CIH Bank automates corporate banking services with Finastra

Finastra has announced that CIH Bank, a Moroccan-based commercial bank, has gone live with Fusion Corporate Channels and Fusion Trade Innovation, to digitize its end-to-end corporate banking services.

/regulation

BIS Innovation Hub and HKMA invite applications for global trade tech challenge

The Bank for International Settlements Innovation Hub (BISIH) centre in Hong Kong SAR and the Hong Kong Monetary Authority (HKMA) today launched the TechChallenge - Digitising Trade Finance initiative to highlight the potential for new technologies to enhance trade finance mechanisms.

/cloud

Publicis Sapient partners Goldman Sachs on transaction banking platform

Publicis Sapient, the digital business transformation hub of Publicis Groupe, is very excited to have agreed to a multi-year collaboration with Goldman Sachs Bank USA (GS Bank), who has recently launched a cutting edge, digital-native cash, and payments services in the marketplace.

/people

Citi makes changes to TTS management team

Citi has announced the appointment of Stephen Randall as the TTS Global Head of Liquidity Management Services

/Transaction banking

Deutsche Bank invests in Traxpay

Deutsche Bank AG has announced its investment in the Frankfurt-based fintech Traxpay GmbH, with both parties signing the agreements in Frankfurt this Friday.

/wholesale

Citi launches supplier finance mobile app in Latin America

Citi launched a new mobile app in Latin America to facilitate suppliers enrolled in Citi Supplier Finance domestic programs access to working capital.

/Transaction banking

DBS to provide digital trade financing for Infor members

Infor, a global leader in business cloud software specialised by industry, today announced that it is partnering with DBS Bank, Southeast Asia’s largest bank, to integrate digital trade financing capabilities into the Infor Nexus global network of more than 68,000 businesses.

/wholesale

JPMorgan to provide corporate clients with an aggregated view of multi-bank accounts

J.P. Morgan Asset Management (NYSE: JPM) and Hazeltree, the leading provider of cloud-based treasury solutions for investment managers, have partnered to deliver a unique and integrated cash and liquidity management platform to private equity, private credit, real estate and infrastructure funds.

/wholesale

Contour and DBS support LoC transaction between Nanjing Iron & Steel and Rio Tinto on blockchain

Contour, together with member bank, DBS Bank, continue to push the digitalisation of trade finance with the completion of the network’s first fully digital end-to-end secured Letter of Credit (LC) between Nanjing Iron & Steel, Singapore Jinteng International and Hope Downs Marketing Company (an equal Joint Venture between Rio Tinto and Hancock Prospecting).

/payments

American Express moves into accounts payable space

American Express (NYSE: AXP) launched American Express One AP™, the company’s first proprietary automated accounts payable (AP) solution that enables U.S. businesses to process supplier payments more easily and efficiently.

/wholesale

EssDOCS’ CargoDocs DocEx to be available within Finacle Trade Connect blockchain

essDOCS, the leading enabler of paperless trade, today announced a partnership with Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys (NYSE: INFY), for driving automation in Trade finance processes though Distributed Ledger Technology (DLT).

/payments

Standard Chartered joins Ibos

IBOS Association (IBOS), an international banking network, is delighted to announce its newest member to the group, Standard Chartered Bank.

/security

BNY Mellon taps Early Warning for real-time account validation

BNY Mellon today announced a strategic collaboration with risk and payments solution provider Early Warning Services, LLC (EWS).

/payments

Surecomp unveils trade finance-as-a-service

Surecomp, the market leader in global trade finance and treasury solutions for banks and corporations, today announced the launch of its Trade Finance-as-a-Service (TFaaS) suite comprising back-office trade finance management and processing, front-office for banks’ corporate clients, open API connectivity and full access to its Marketplace.

/payments

BNP Paribas goes live with Swift gpi for Corporates Pay and Trace

After the successful integration of the SWIFT gpi-related information in its global ebanking channel Connexis Cash earlier this year, BNP Paribas is now extending its gpi capabilities with the launch of the g4C Pay and Trace service.

/regulation

EWUB Luxembourg signs up with BearingPoint for tax reporting

BearingPoint RegTech, a leading international provider of innovative supervisory, regulatory and risk technology solutions (SupTech, RegTech and RiskTech), has won East-West United Bank (EWUB) as a new customer for its established tax reporting solution FiTAX.