Transaction banking

1372 articles tagged with this keyword

/Transaction banking

Portugal's Crédito Agrícola opens access to Ebury currency exchange

Crédito Agrícola and Ebury signed a partnership that will allow the bank's corporate clients to carry out foreign currency exchange and cross border transactions completely online.

/payments

Goldman Sachs payments capabilities integrated with SAP Ariba

SAP SE (NYSE: SAP) and Goldman Sachs today announced that they have joined forces to make it easier for companies to do business with the millions of suppliers worldwide on Ariba Network, where more than US$3.2 trillion in commerce is transacted annually.

/Transaction banking

Credit Agricole to explore new frontiers in blockchain with Marco Polo trial

Following an evaluation period in 2019, Crédit Agricole CIB has announced that it is entering a pilot phase on the Marco Polo Network, one of the largest and fastest growing trade and working capital finance networks in the world, focusing on bringing significant efficiencies in trade, receivables and supply chain financing.

/payments

Accuity acquires Apply Financial

Accuity, a leading global provider of financial crime screening, payments, and know your customer (KYC) solutions, and part of RELX, announced today that it has acquired Apply Financial Limited (Apply Financial).

/payments

Jack Henry integrates with SilverLake core platform to streamline accounts receivable financing

Jack Henry & Associates, Inc. announced that BusinessManager has been fully integrated into the SilverLake System core platform to streamline accounts receivable (A/R) financing.

/Transaction banking

Sumitomo Electric Industries joins CLSSettlement as a third-party participant

CLS, a market infrastructure delivering settlement, processing and data solutions, announced today that Sumitomo Electric Industries (SEI) is the first Japanese manufacturing company to access CLSSettlement as a third-party participant.

/Transaction banking

KBC and iController join forces for better credit management

On 2 March a new collaboration between KBC and software company iController started.

/payments

Marie-Anne van den Berg joins Banking Circle

Financial infrastructure provider, Banking Circle, which announced it had secured its Banking Licence at the end of February, has added another member to its Executive Board, bolstering its banking expertise.

/Transaction banking

International Chamber of Commerce pushes Digital trade Standards Initiative

The International Chamber of Commerce (ICC) has launched the Digital Trade Standards Initiative (DSI) – a collaborative cross-industry effort to enable the standardisation of digital trade.

/Transaction banking

SmartStream engages in post-trade alliance with Luxoft

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, and Luxoft, a DXC Technology Company (NYSE: DXC), today announced an agreement to help financial institutions digitally transform the entire post-trade lifecycle, enabling more efficient, streamlined and cost-effective middle- and back-office operations.

/Transaction banking

OCBC runs first transaction on Singapore Customs’ electronic Banker’s Guarantee programme

OCBC Bank became the first bank to leverage Singapore Customs’ electronic Banker’s Guarantee programme which was launched today, issuing an electronic banker’s guarantee (eBG) to Singapore Customs on behalf of vCargo Cloud, a leading Infocomm Technology solution and service provider that performs customs declaration services for forwarders and shippers.

/payments

Wells Fargo joins DadeSystems Series D

DadeSystems, a leading Fintech provider of integrated receivables solutions, announced today additional funding provided by Wells Fargo Strategic Capital as part of a Series D financing round.

/Transaction banking

BNP Paribas to launch Virtual Account Management platform

BNP Paribas is scheduled to launch its Virtual Account Management platform with pilot corporates in July 2020.

/Transaction banking

ING selects Tradeteq to distribute commodity trade finance exposure to non-bank investors

ING Group (“ING”), the global financial institution with a strong European base, has partnered with Tradeteq to distribute its commodity trade finance exposures to non-bank institutional investors.

/payments

RBC first in Canada to offer Interac e-Transfer: Bulk Request Money feature

There are many tasks involved in running a smooth business operation. Among them is the efficient and cost-effective management of accounts receivables which is critical to maintaining a healthy cash flow.

/payments

Swedbank connects to EBA Clearing's RT1 with SIA and TietoEvry

Swedbank, the major bank in the home markets of Sweden, Estonia, Latvia and Lithuania, has selected SIA, the leading European hi-tech company in the payment services and infrastructures sector, to enable instant payments through RT1, EBA Clearing’s panEuropean system with the real-time payments platform of TietoEVRY, a leading digital services and software company.

/payments

Ibos names Manoj Mistry as managing director

International banking network IBOS Association is delighted to announce the appointment of its new Managing Director, Manoj Mistry.

/Transaction banking

Xceptor to automate core processing for Deutsche Bank in Indonesia

Deutsche Bank’s Corporate Bank and Xceptor today announced their partnership to automate the bank’s core processes in Indonesia, as part of its broader optimization and digitization strategy.

/Transaction banking

Gresham names Mark Bolton as head of international sales

Global fintech firm, Gresham Technologies (Gresham), has appointed Mark Bolton as its Head of International Sales to spearhead its global growth plans.

/payments

AvidXchange raises $260 million in equity capital

AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced it has raised $260 million in equity capital as part of the company's latest financing round.