Transaction banking

1372 articles tagged with this keyword

/payments

Swift gpi crosses 50% threshold

During 2018, SWIFT’s gpi payments service continued to radically transform correspondent banking. With the support of hundreds of financial institutions, including the world’s 60 biggest banks, it is now being used to send hundreds of billions in payments every day – more than half (55%) of SWIFT’s cross-border traffic.

/Transaction banking

Traydstream secures Meezan Bank Mandate

London headquartered FinTech, Traydstream, has secured a 5 year deal with Pakistan head quartered, Meezan Bank to implement its digital solution for trade finance processing.

/Transaction banking

ABI Lab/R3 update on Spunta Banca Project

The Spunta Banca Project, a blockchain-based application for interbank reconciliations, moves on to the next phase.

/Transaction banking

Fourteen French corporates complete regional CordaKYC trial

Enterprise blockchain software firm, R3, today announced that 14 French corporates have completed a trial of the CordaKYC application built on the Corda blockchain platform and hosted on Microsoft Azure.

/Transaction banking

NR Capital executes electronic Bill of Lading (eBL) for floating gasoil storage deal

NR Capital, the innovative Singapore-based digital commodity trade finance fund manager has executed the world’s first-ever electronic Bill of Lading (eBL) for an SME in a gasoil floating storage investment transaction.

/Transaction banking

Bank of East Asia extends trade finance partnership with Finastra

The Bank of East Asia Limited (BEA) has extended its partnership with Finastra to enhance its end-to-end digital trade capabilities and customer services for its corporate and personal banking services.

/regulation

Pelican hires Byron McKinney as trade finance compliance product manager

Pelican, a global provider of AI-powered payments and financial crime compliance systems for banks and corporates, has strengthened its compliance management team with the appointment of Byron McKinney as Trade Finance Compliance Product Manager, based in Pelican’s London headquarters.

/Transaction banking

Yes Bank digitises trade finance documentation

YES BANK, India’s 4th largest private sector bank announced that it has completed a first-of-its-kind digital transaction with Welspun Global Brands Limited (WGBL) – a subsidiary of Welspun India Limited, in the form of e-Presentation, involving end-to-end electronic presentation of export documents.

/Transaction banking

Hang Seng completes pilot trade transaction on new blockchain platorm

Hang Seng Bank has completed a pilot trade transaction for two corporate customers through eTradeConnect, a trade finance blockchain platform in Hong Kong.

/Transaction banking

Scotiabank showcases 'CEO-on-the-go' mobile banking app

At the 2018 Association of Financial Professionals (AFP) Conference in Chicago, Scotiabank proudly showcased Canada's first integrated security token and mobile banking app.

/payments

Cate Kemp to lead UK, Ireland and Nordics at Swift

Cate Kemp will join SWIFT as its Head of UK, Ireland and Nordics from Lloyds Banking Group, where she held the position of Global Transaction Compliance Director.

/startups

Digital lender Credimi secures EUR10 million funding

Continental Europe’s largest-volume digital factoring platform* Credimi has received a 10 million euro capital increase from investment funds United Ventures SGR and Vertis SGR, as well as some of the investors who took part in the first round of 8.5 million euros in September 2015.

/Transaction banking

Focus Solutions names Peter Dingomal as Head of Business Development

New Head of Business Development will head up the launch of Focus’s new private client wealth proposition.

/Transaction banking

CGI partners with Scotiabank on intelligent process automation proof of concept for trade finance

CGI (TSX: GIB.A) (NYSE: GIB) announced it partnered with Scotiabank and Conpend on a proof of concept using robotic automation to capture, identify and classify documents as part of the CGI Trade360 transaction flow.

/Sibos

EBA Clearing’s real-time payment system RT1 passes 5-million-transaction mark

Eleven months after its go-live, EBA CLEARING’s instant payment system RT1 has hit the 5-million-transaction mark.

/Transaction banking

iGTB forges trade finance partnership with Bolero

Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, the leading B2B fintech with 21% CAGR over three years, has entered into a collaboration agreement with Bolero International, the world’s premier trade digitisation experts, with goals to make trade safer, smarter and faster.

/Transaction banking

Danske Bank joins trade finance network Marco Polo

Danske Bank has joined the Marco Polo Network, the largest network of commercial banks in the trade finance market.

/Transaction banking

Temenos introduces 'Hybrid Pooling' for corporate cash management

Temenos (SIX:TEMN), the banking software company, today announced that it has added new functionality to its existing and extensive corporate banking capabilities.

/Transaction banking

Coronation Fund Managers goes live with SmartStream’s corporate actions module

SmartStream Technologies, the financial Transaction Life cycle Management (TLM®) solutions provider, today announced that Coronation Fund Managers, one of the largest independent fund managers in South Africa, has gone live with TLM Corporate Actions OnDemand – automating the complete corporate actions life cycle.

/Transaction banking

Oracle ERP cloud customers get direct connection to Citi treasury service

The Citi and Oracle ERP Banking as a Service (BaaS) Connector is now available, speeding integration and time to payment for the companies’ joint customers.