Transaction banking

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/Transaction banking

General Atlantic makes $250 million investment in Greensill

Greensill, a market-leading provider of working capital finance for companies globally, announced today it has received a strategic investment from General Atlantic, a leading global growth equity firm.

/Transaction banking

Basware releases new analytics dashboard for payment plans

Basware, the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, has released enhancements to visualize data related to payment plans, helping customers to get the most out of this functionality in Basware’s Purchase-to-pay (P2P) solution.

/Transaction banking

SMEs increasingly turning to bank cash management systems to handle finance and liquidity management

The third survey by Fachhochschule des Mittelstands (FHM), the SME University in Bielefeld, revealed that the demands placed on finance and liquidity management have increased, leading to the proliferation and professionalisation of cash management systems.

/Transaction banking

Tungsten Network launches billing service for Accounts Receivable departments

Tungsten Network, the global digital automation platform, has dramatically expanded the scope of its invoicing services with the official launch of Tungsten Network e-billing.

/Transaction banking

Santander to implement iGTB payments hub

Intellect Global Transaction Banking (iGTB), the corporate banking technology provider from Intellect Design Arena Limited, and Banco Santander, the euro zone's largest bank by market capitalisation, have agreed a deal to implement iGTB's Intellect Payments Services Hub (IPSH)- bringing next-generation payments capabilities to its corporate clients.

/Transaction banking

Jumhouria Bank of Libya selects SmartStream for intra-day reconciliations management

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced Jumhouria Bank, the largest bank and branch network in Libya, has signed a deal for SmartStream’s Corona solution for the delivery of intra-day reconciliations management across cash, cards, branch, central bank and payment transactions.

/Transaction banking

Gresham acquires B2 Group

Gresham Technologies plc, the leading software and services company that specialises in providing real-time data integrity and control solutions, today announced that it has completed the acquisition of B2 Group.

/Transaction banking

Bolero International makes senior appointments

Bolero International, the leading trade finance digitisation expert, has made two new senior appointments to accelerate its world-wide growth.

/Transaction banking

Aussie fintech start-up, Trade Ledger, launches in Europe

The world’s first corporate open banking lending platform, Sydney-based start-up Trade Ledger, has today announced the opening of its new European operation headquartered in London, and the appointment of two key management positions to help drive the expansion.

/Transaction banking

Santander implements Infosys Finacle suite for interbank cash management

Infosys Finacle, part of EdgeVerve Systems, a fully owned subsidiary of Infosys (NYSE: INFY), and Santander UK, a leading financial services provider in the UK, today announced the launch of a new inter-bank cash management system for its corporate customers.

/Transaction banking

Marg ERP signs ICICI Bank for accounting sotfware

Marg ERP limited, a leading Enterprise Resource Planning (ERP) company has partnered with ICICI Bank, India’s largest private sector bank by consolidated assets, to offer an integrated payments platform to Micro, Small and Medium Enterprise (MSME) customers, using Marg’s accounting software.

/Transaction banking

Caceis Bank connects to T2S platform through Monte Titoli

Caceis Bank, the asset servicing company of the Crédit Agricole Group, announces that it has become, through Monte Titoli, a Directly Connected Participant (DCP) of TARGET2-Securities (T2S).

/devops

EBAday: Finastra European payment solution available on Microsoft Azure

At EBAday in Munich today, Finastra announced the commercial availability of its European instant payments solution on Microsoft Azure, Microsoft’s enterprise-ready, trusted cloud platform.

/Transaction banking

Revolut teams up with French cab firm SnapCar

Revolut, the digital banking alternative, has today announced their latest partnership with SnapCar, the ride-hailing B2B French leader, as the innovative fintech looks to take-on legacy payment infrastructure by providing instant automated payouts directly into SnapCar drivers’ accounts.

/Transaction banking

New chief exec appointed at Strate

South African Central Securities Depository (CSD), Strate, is pleased to announce the appointment of André Nortjé as its new CEO, effective 1 August 2018.

/Transaction banking

Swedish central bank opens consultation on instant payments

An infrastructure for the settlement of instant payments will become an increasingly important element of the payment landscape.

/Transaction banking

Equiniti Riskfactor joins forces with efcom in new German partnership

Equiniti Riskfactor is pleased to announce its first international partnership working with efcom, a specialist factoring software provider, which helps lenders to streamline data processing across their factoring business.

/Transaction banking

Rija Javed joins MarketInvoice as CTO

Fintech start-up MarketInvoice has appointed Rija Javed as its Chief Technology Officer (CTO) as the company looks to invest heavily into its technology. Rija Javed joins from Wealthfront, a leading Silicon Valley based start-up.

/Transaction banking

Banco Bradesco joins Swift gpi

SWIFT announces that Banco Bradesco, one of the largest banks in Brazil, has joined SWIFT’s global payment innovation (gpi) service to enhance its customer experience, and increase the speed, transparency and traceability of cross-border payments.

/Transaction banking

Citi opens API sandbox

Citi's Treasury and Trade Solutions (TTS) continues to expand its Application Programming Interface (API) solution through CitiConnect®, Citi's state-of-the-art integration platform.

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