Transaction banking

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/Transaction banking

Citi launches fintech challenge for transaction banking

To mark the tenth anniversary of Citi’s first Innovation Lab in Dublin, Citi has launched a fintech challenge for transaction banking.

/regulation

Abu Dhabi Global Market awards digital banking licence to Anglo-Gulf Trade Bank

Anglo-Gulf Trade Bank (AGTB), a global pioneer in digital transaction banking, has received a full digital banking license and Category 1 status from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

/Transaction banking

Demica to provide technology platform for IFC’s Global Trade Supplier Finance programme

Demica, one of the largest independent providers of working capital solutions, today announced that its supply chain finance platform will be used to support IFC’s Global Trade Supplier Finance program.

/Transaction banking

Traydstream expands into Africa with Stanbic Bank mandate

Stanbic Bank Uganda (SBU) and Traydstream Ltd have signed an agreement to implement the Traydstream platform at SBU.

/Transaction banking

Finastra: Access to funding top priority for corporate treasurers

Ahead of Sibos 2019, Finastra commissioned IDC to survey 400 corporate treasurers around the world to reveal key treasury priorities.

/startups

Nordea invests in fintech CrediWire

Nordea has invested in the fintech company CrediWire together with the Danish bank Sparekassen Kronjylland.

/Transaction banking

Viva Wallet strikes deal with Belgium's Bancontact

Viva Wallet, known as the first European cloud-based digital payments provider based on Microsoft Azure, now offers acquiring services for Bancontact Payconiq Company, the Belgium-based innovator and company behind the well-known Bancontact payment scheme.

/Transaction banking

Sonovate raises £110 million in debt and equity financing

Sonovate, the UK’s leading finance and back-office tech provider to recruitment agencies and consultancies, has secured £110million debt and equity finance, led by M&G Investments, MXB Holdings Inc, Dawn Capital and Rocket Internet SE.

/Transaction banking

Michigan Ross announces academic fintech initiative

The University of Michigan Ross School of Business is launching a new program in partnership with Chicago-based PEAK6 Investments to prepare students for successful careers in the rapidly growing fintech sector. The primary goal of the Michigan Ross FinTech Initiative is to produce a robust pipeline of top talent well-versed in technology and finance.

/Transaction banking

Signzy and Primechain collaborate on AI banking services

India’s leading RegTech startup Signzy today said it has partnered with globally leading Blockchain startup, Primechain Technologies, to co-develop AI-led smart banking solutions for banks and financial institutions

/Transaction banking

SIA to bring digital payments to Venice waterways

SIA and AVM Holding (Azienda Veneziana della Mobilità – the Venice public transport company) have signed an agreement to create an innovative digital platform that will allow residents and tourists to buy tickets using payment cards and smartphones, also in contactless mode, on board the “vaporetto” boats where the crew will be equipped with 650 Android SmartPOS terminals.

/Transaction banking

Tech Nation adds 23 scaleups to its network

Tech Nation, the UK’s leading network for ambitious tech entrepreneurs, has today revealed the 23 scaleups accepted on to its 2019 Fintech growth programme.

/Transaction banking

AkinovA adopts OpenFin for insurtech platform

AkinovA, the electronic marketplace for the transfer and trading of re/insurance risk, together with OpenFin, the operating system (OS) of finance, today announced the adoption of OpenFin for the deployment of its groundbreaking trading platform for the risk transfer value chain.

/Transaction banking

Crypto custodian Copper processes $500m

Copper, the London-based custodian for digital assets, has witnessed exponential growth in the use of its trade and settlement Infrastructure, Showing a 50% increase in volumes month-on-month.

/Transaction banking

Five Degrees and Entersekt announce fintech partnership

Digital core banking provider five°degrees today announces a partnership with Entersekt, an innovator in mobile-first fintech solutions.

/Transaction banking

Nationwide turns to OutSystems for low-code platform

OutSystems, provider of the number one low-code application development platform, today announced that leading financial institution Nationwide is using the OutSystems low-code platform to develop a new digital business savings service that will radically transform how Nationwide interacts with its business savings customers.

/Transaction banking

SIBS launches biodegradable bank cards

SIBS, a leader in payments processing and financial technological services in Europe and the Iberian leader in Card Production and Personalization, through its unit for commercial cards production, has just launched the new Biodegradable PVC cards, representing a more sustainable alternative to traditional PVC, reducing environment’s impact.

/Transaction banking

North east UK prepares for fintech conference

Following successful conferences in Manchester and Leeds this year, FinTech North has announced its first full-day conference in the North East. Hosted at the Sage headquarters in Newcastle, the free-to-attend event will take place on 25 September 2019.

/Transaction banking

Tribe makes C-suite appointments

Tribe Payments, a team of industry experts dedicated to delivering the future of payments, today announced three C-level appointments. Fadl Mahmoud has been appointed Chief Information Officer (CIO), Vytautas Mickevicius appointed as Chief Technology Officer (CTO) and Alex Reddish appointed as Chief Commercial Officer (CCO).

/Transaction banking

Wirecard expands Mizuho partnership

Wirecard, the global innovation leader for digital financial technology, is expanding its partnership with Mizuho Bank, Ltd., a leading global financial institution.

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