Transaction banking

1372 articles tagged with this keyword

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Surecomp releases Fastrade for SMEs

Surecomp, the market leader in global trade finance and treasury solutions for banks and corporations, today announced the launch of its new front-office solution Fastrade, designed specifically for small-to-medium sized enterprises (SMEs).

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Surecomp launches Fintech marketplace

Surecomp, the market leader in global trade finance and treasury solutions for banks and corporations, today announced the launch of its new fintech Marketplace.

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Apifiny launches global settlement network

Apifiny, a San Francisco-based global value transfer network, today announced the official debut of Roxe, the first settlement network designed to enable instant global clearing and settlement of payments and remittances, traditional assets, and digital assets.

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Tradeshift appoints Carrie Dolan as CFO

Tradeshift, the leader in supply chain payments and marketplaces, today announces that Carrie Dolan has joined the company as Chief Financial Officer (CFO).

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SoftCo ships new accounts payable suite

SoftCo, the leading global software provider, today launched their newest accounts payable automation solution, SoftCo ExpressAP, which delivers 100% non-touch invoice processing, supports remote working and reduces operational costs by 80%.

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Treasury Intelligence Solutions raises $20 million

TIS (Treasury Intelligence Solutions), a leading cloud platform for managing corporate payments and cash flows, today announced it has raised $20 million in additional financing led by Aquiline Technology Growth, an early- and growth-stage fund managed by Aquiline Capital Partners.

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IntellectEU to act as communications layer for Contour blockchain network

Contour, the Singapore-based open trade finance network, has today announced its partnership with IntellectEU as part of a shared vision to digitise trade finance on a global scale.

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More Italian banks join Spunta DLT platform

Since May, a total of 55 banks have been operating on Spunta, the Italian banking sector blockchain. The latest addition of 23 banks have entered into operation, on top of the initial 32 operational since March.

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Cargill Australia uses Bolero Galileo to speed up China canola oil transaction

Cargill Australia, a major provider of grain, oilseeds and other agricultural commodities, used the advanced functionality and speed of the new Bolero International Galileo trade finance platform to accelerate a canola oil shipment to China, meeting a tight deadline despite the current coronavirus difficulties.

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China Systems creates Trade Digitalisation Services (TDS) unit

In response to current market needs and the rapidly evolving global trade landscape, China Systems, world-leading trade solutions vendor, has created a specialised Trade Digitalisation Services (TDS) Unit, which is composed of experts who have deep technical, project and business domain knowledge on International Trade operations.

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Surecomp supports DNB with full Swift readiness ahead of new 2021 deadline

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that one of its flagship customers - Norway’s largest bank DNB - is ready to be switched on with SWIFT-compliant versions of both its front and back-end solutions, IMEX and allNETT.

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Deutsche Bank goes back to basics with new Guide to Trade Finance

Deutsche Bank has today announced the release of its Guide to Trade Finance, outlining the fundamental practices and rules critical to the trade finance industry’s ongoing functioning and future development.

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Baosteel and Rio Tinto complete first deal on Contour platform

Contour, the open trade finance network, has today announced the completion of a Baosteel and Rio Tinto deal, supported by Chinsay, DBS Bank, essDOCS and Standard Chartered Bank, marking the first fully integrated paperless trade for Rio Tinto with a Chinese counterpart.

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Traydstream partners with Infosys Finacle to drive blockchain based trade finance automation

Traydstream, the fintech leader in trade document scrutiny using artificial intelligence (AI), today announced the signing of a joint partnership agreement with Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys (NYSE: INFY).

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ICC Trade Register reflects on the impact of COVID-19 on global trade

The International Chamber of Commerce (ICC) has released its 2019 Trade Register Report, revealing COVID-19's potential to disrupt global trade, while also highlighting the low-risk nature of trade finance.

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Barclays launches CLBIL scheme to support large corporate banking clients impacted by Coronavirus

Barclays is extending its support to businesses not covered by the Coronavirus Business Interruption Loan scheme, and not eligible for support under the COVID-19 Corporate Finance Facility, through the launch of the Coronavirus Large Business Interruption Loan scheme.

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Jumhouria Bank of Libya goes live on SmartStream for reconciling payments

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced that Jumhouria Bank, the biggest bank in Libya, has successfully gone live on SmartStream’s solution for the reconciliations of cash payments - the first of a two phase implementation to consolidate and automate the reconciliation process across its 170 branches to deliver real-time operational control.

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ADIB is the first Islamic Bank to use blockchain technology for trade distribution

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first Islamic bank to successfully execute trade finance distribution transactions using Blockchain technology.

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Contour partners with Chinsay following a successful transaction with Cargill and Rio Tinto

Contour, the open trade finance network, has today announced its partnership with Chinsay, the leading technology company in supply chain data capture and risk management, as an order partner to enhance its offering to trade finance professionals.

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BBVA refreshes digital banking suite for international corporates

With a newly updated version of Global Net Cash, BBVA takes another step forward in the digital transformation of banking for global businesses and institutions. In the current context,