Transaction banking

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/Transaction banking

SympliFi launches remittance alternative

SympliFi, a U.K.-based financial technology startup with current operations in Zimbabwe, Nigeria and Tanzania, today announced the launch of its innovative FinTech platform designed to empower diaspora around the world with easier access to financial solutions that go far beyond the traditional remittance/money transfer model

/Transaction banking

National Bank of Bahrain installs biometrically protect bulk cash deposit machines in client offices

National Bank of Bahrain (NBB) today announced the continued enhancement of its service and value proposition for its Business Clients with the launch of new, state-of-the-art, high-speed large Cash Deposit Machines (CDM) in Bahrain.

/security

Citi launches biometric authentication for institutional clients in Latin America

Citi’s institutional clients can now use fingerprint or facial recognition to securely access CitiDirect BE® Mobile in Bahamas, Barbados, Brazil, Colombia and Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Nicaragua, Paraguay, Peru, Puerto Rico, Trinidad and Tobago and Uruguay.

/Transaction banking

Standard Chartered joins SAP Ariba supply chain ecosystem

Standard Chartered Bank and SAP Ariba today announced a strategic collaboration to make the Bank’s financial supply chain solutions easily accessible to businesses in the Asia Pacific region through Ariba Network, the world’s largest digital business network connecting more than 4.2 million companies in 190 countries.

/cloud

Westpac debuts cloud-based procurement via Coupa

Westpac has delivered an Australian first in e-procurement, by partnering with Coupa (NASDAQ: COUP), a leader in Business Spend Management (BSM), to help businesses more efficiently manage their spending within a comprehensive cloud platform.

/Transaction banking

Marco Polo brings onboard first logisitics partner for pilot transaction

LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda.

/wholesale

Maven injects £2 million into fintech Delio

Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has invested £2 million in high-growth FinTech provider Delio Limited (“Delio”). The funding will support the business scale its international sales team across key global financial locations in Europe, Asia, the Middle East and North America.

/Transaction banking

Sberbank puts Letter of Credit business online

Sberbank has implemented a feature on remote banking services on letters of credit in Sberbank Business Online’s system.

/Transaction banking

Kantox and Silicon Valley Bank partner to provide FX hedging technology to UK corporates

Kantox, a leader in foreign exchange (FX) management solutions, has partnered with Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, to offer cutting-edge FX management software to SVB’s corporate clients across the United Kingdom.

/Transaction banking

IIG Bank goes live with Temenos

Temenos (SIX: TEMN), the banking software company, today announced that specialist trade finance bank, IIG Bank (Malta) Ltd. has successfully gone live with Temenos Infinity, the ground breaking digital front office product, and Temenos T24 Transact, the next generation in core banking.

/Transaction banking

LiquidX adds DBS to platform; expands Singapore office

LiquidX, the global network for illiquid assets, is excited to welcome DBS Bank to its network.

/Transaction banking

Standard Chartered completes first transaction on blockchain platform with Linklogis

Standard Chartered and Linklogis have recently completed their first joint deep-tier supply chain financing transaction for Digital Guangdong and its upstream suppliers.

/Transaction banking

Moneycorp acquires the Rochford Group in Australia

Today, moneycorp announces it has acquired the Rochford Group, one of Australia’s largest independent treasury advisors.

/Transaction banking

First ISO 20022 usage guidelines for cross-border payments released

The publication of first specifications marks an important milestone in the transformation of correspondent banking.

/Transaction banking

CFOs and corporate treasurers pushing digital agenda in Apac

The inaugural Digital Treasury Index[1] commissioned by DBS Bank revealed that Chief Financial Officers (CFOs) and corporate treasurers (29.5%) see themselves as increasingly responsible for pushing the agenda of their companies’ digital strategy.

/Transaction banking

Eurobase collaborates with K-Consultants to offer support for Swift messages

Eurobase, having recognised the market demand for treasury solutions to expand across the front, middle and back-office operations, has selected to work with K-Consultants to integrate the Prowide SWIFT messaging and validation software to its Siena solution.

/Transaction banking

Centtrip makes its second home in Amsterdam

Centtrip, one of the UK’s premier financial technology companies, has established a new company in Amsterdam, Centtrip Europe BV, to grow its presence in mainland Europe.

/Transaction banking

Swift goes live with gpi for corporates

SWIFT today announces the further enhancement of its gpi service with the full go-live of SWIFT gpi for corporates, a capability designed and built in conjunction with banks and corporates which enables multi-banked corporates to initiate and track payments across multiple banks directly from their treasury and payment systems.

/Transaction banking

Brian Cox to deliver opening Innotribe keynote at Sibos 2019, London

Details of the keynote speakers for the Innotribe for Sibos London, 23-26 September have been announced, with physicist and BBC broadcaster, Brian Cox delivering the opening keynote speech.

/payments

Mastercard and OpenText partner to simplify supply chain finance

OpenText (NASDAQ: OTEX), (TSX: OTEX), a global leader in Enterprise Information Management (EIM) and Mastercard (NYSE: MA), a technology leader in the global payments industry, today announced a partnership to help companies increase financial efficiencies across global supply chains, starting in the automotive industry.

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