Transaction banking

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/Transaction banking

Divido brings B2B finance to the point-of-sale

Divido, the retail finance platform, is today extending its proposition to provide a B2B finance solution at the point of sale across Europe.

/Transaction banking

Accuity adds real-time vessel alerting and tracking to screening service

Accuity, the leading provider of financial crime compliance, payments and counterparty know-your-customer (KYC) solutions, today announced its new vessel monitoring capability, Firco Trade Compliance Ship Enforcement Alerts (SEA), which will further enhance its market leading screening solution.

/Transaction banking

Saxo Payments rolls out SME financing service

Whether it's a short-term loan to cover the purchase of new equipment or a longer-term arrangement to help expand into new markets, businesses - small and large - need cash. But, following the financial crisis, mainstream lenders appear to remain nervous, leaving SMEs with limited options for financing.

/Transaction banking

NatWest seeks business participants for trial of accounts payable tool

NatWest is looking for businesses to take part in the trial of a new system to help cut costs, improve productivity and boost cash flow.

/Transaction banking

Natixis joins R3's blockchain-based trade finance network Marco Polo

As part of its ongoing efforts to offer nextgeneration trade finance solutions to its clients, Natixis has announced that it has joined the trade finance network Marco Polo.

/Transaction banking

Pleo smart company cards secures $16m Series A investment for European expansion

The London and Copenhagen based fintech startup Pleo, that offers smart company payment cards to automate expense reports, today announced a $16M Series A financing round led by Kinnevik, a leading European venture fund based in Stockholm, with participation from existing investors Creandum, Founders and Seedcamp. The round brings the total amount raised by the company to $23M.

/Transaction banking

TransferMate launches Global Receivables to handle overseas payments

TransferMate, the world’s leading cross-border B2B payments provider, today announced the launch of Global Receivables, a new solution for businesses to bill and collect overseas payments from thousands of customers in seconds.

/Transaction banking

Bangkok Bank joins R3's Marco Polo consortium

Bangkok Bank Public Company Limited (“Bangkok Bank”), one of the largest regional banks in South East Asia and Thailand’s largest lender, has joined the Marco Polo trade finance initiative run by enterprise software firm R3 and trade finance technology specialist TradeIX.

/Transaction banking

Swift: A quarter of all cross-border payments now over gpi

SWIFT announces today that just 15 months after the service launched, 25% of all SWIFT cross border payment traffic is being sent over the global payments innovation (gpi). SWIFT gpi, the most transformational change in cross-border payments in 30 years, dramatically enhances the customer experience by increasing the speed, transparency and end-to-end tracking capability of payments.

/Transaction banking

Blue Prism and identitii team up

identitii, the company enabling the secure, trusted and auditable exchange of information within and between counterparty financial institutions, today announced a new partnership with Blue Prism (AIM: PRSM), the global market leader in Robotic Process Automation (RPA).

/Transaction banking

African banks embracing Swift gpi

15 African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Africa, FirstRand Bank, ABSA Bank and Nedbank - and many others are preparing to go live on the service in 2018.

/Transaction banking

Tradeshift goes all in on blockchain

The problem you didn’t know you had with accounts payable is that making suppliers wait up to 90 days to get paid is bad for innovation, bad for global trade, and bad for business.

/Transaction banking

Openlink secures ECB risk and treasury mangement contract

Openlink, a leading provider of trading, treasury and risk management solutions, announced that the European Central Bank (ECB) in Frankfurt, Germany, has selected Openlink's solution as its risk and treasury management system.

/Transaction banking

Gresham appoints Khee Joo Tan as head of sales for Asia Pacific

Gresham Technologies plc, the leading software and services company that specialises in providing real-time data integrity and control solutions, today announced the appointment of Khee Joo Tan (KJ) to the company as director of sales for the AP region.

/Transaction banking

Palette Software acquires cloud company Centsoft

Palette Software, a market-leading vendor for financial process automation, has today announced the acquisition of software-as-a-service (SaaS) invoice automation specialist Centsoft.

/Transaction banking

Commerzbank links SAP S/4Hana to R3 Corda

Commerzbank, supported by SAP, has successfully completed an end-to-end integration between SAP S/4HANA business processes and R3’s Corda blockchain platform.

/Transaction banking

Emirates NBD joins CCRManager trade finance platform

Emirates NBD, a leading bank in the region today announced that it has joined the rapidly growing community of members on CCRManager, a fintech platform supporting the origination and distribution of trade assets.

/Transaction banking

Mitsubishi to pilot real funds, cross-border payment over RippleNet

Mitsubishi Corporation (MC), MUFG Bank, Ltd. (MUFG Bank), Bank of Ayudhya PCL (Krungsri), a Thailand-based subsidiary of MUFG Bank, and Standard Chartered Bank (Standard Chartered), today jointly announced the commencement of a pilot test for moving real funds over RippleNet, with the objective of making cross-border payments more convenient and further improving the capital efficiency of corporate groups.

/Transaction banking

Finastra appoints new CRO

Finastra today announced the appointment of Elona Ruka-Wright as its new Chief Risk Officer.

/Transaction banking

FinTech Scotland recruits Deloitte for expansion plan

The body representing Scotland’s thriving financial technology community, Fintech Scotland, has today announced it has entered a key strategic partnership with business advisory firm Deloitte.

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