Transaction banking

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/Transaction banking

Previse secures £800K Scottish Enterprise R&D funding to tackle late payments

B2B payment decisions start-up Previse, has secured a £800k R&D grant from Scottish Enterprise, to set up an new development centre in Glasgow, creating 37 new data science jobs.

/Transaction banking

Monimove launches corporate supply chain finance platform to improve credit management

A new corporate supply chain finance platform launches today, which aims to improve credit management and provide additional transparency, security and flexibility for banks and their corporate customers.

/Transaction banking

Standard Chartered goes live for US Dollar Swift gpi services

Standard Chartered today went live with its US Dollar (USD) SWIFT global payments innovation (gpi) services to extend its offering to customers making USD cross-border payments.

/Transaction banking

High value cash netting utility under scrutiny by eight global banks

A new payments netting initiative for high value payments is being assessed by eight leading global banks. Cash Netting Services (CNS) will help banks to reduce daily interbank payment flows significantly - and associated liquidity and capital management obligations.

/Transaction banking

Santander turns to B2 Group for supply chain finance package

The B2 Group, the provider of cloud-based payments software and consultancy solutions, announced today that Santander UK have chosen its Multi-Bank Integrator platform to further enhance their supply chain finance solution for major corporate clients.

/Transaction banking

ACI Worldwide certified for Swift gpi

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, announced today that it is the first provider globally to receive SWIFT gpi certification for the Universal Payments (UP) Real-Time Payments solution—the industry’s only solution that allows financial institutions (FIs) to address their Real Time Gross Settlement (RTGS), SWIFT messaging and real-time payments needs with a single, universal offering.

/Transaction banking

Worldline to recruit 1500 staff globally

Worldline, [Euronext: WLN], European leader in the payments and transaction services sector, is recruiting more than 1,500 people across a wide range of business areas, including digital banking, IoT, health, e-commerce and transport.

/Transaction banking

Tradeshift partners with Infosys BPO

Tradeshift, the world’s largest business commerce platform, today announced a partnership with Infosys BPO, the Business Process Outsourcing subsidiary of Infosys Limited (INFY).

/Transaction banking

Citi expands cross-currency ACH to 60 countries

Citi’s Treasury and Trade Solutions (TTS) has expanded its WorldLink Payment Services (WorldLink) cross-border ACH capabilities to 60 countries.

/Transaction banking

Ascent connects with Afex FX layer

AFEX, one of the world's largest non-bank providers of global payment and risk management solutions, has partnered with Ascent Software, to enhance its award-winning straight-through processing pre-payment and post-payment software, Trident Connect.

/Transaction banking

DueDil and Credit Data Research join forces to boost access to finance for SMEs

DueDil, the company information platform, announces that it is joining forces with Credit Data Research, market leader in credit behavioural analysis, to boost access to business finance.

/Transaction banking

Amazon Business now claims 90,000 customers in UK

Amazon today announced that Amazon Business has launched a new set of features designed to better serve the procurement needs of businesses of all sizes.

/Transaction banking

BNP Paribas collaborates with Tungsten on supply chain financing

Tungsten Network will collaborate with BNP Paribas to offer e-invoicing linked Receivables Purchase and e-invoicing linked Supply Chain Finance (e-SCF) to large corporates in the USA and Canada.

/Transaction banking

Infosys Finacle puts blockchain into practice for trade finance

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), today announced the global availability of Finacle Trade Connect, a blockchain based trade finance solution for banks.

/Transaction banking

FairFX to launch business current account

FairFX, the e-banking and international payments group, is pleased to announce the launch of its multi-currency business current account, Fair Everywhere, marking FairFX's first step into the SME banking sector since its acquisition of CardOne earlier this year.

/Transaction banking

Ebury opens office in Brussels

Ebury, one of the fastest growing fintechs for corporate global transaction services, has announced the opening of a second office in the Benelux region.

/Transaction banking

Ericsson to use Swift MT 798 as financial messaging standard

The global leader in delivering ICT solutions, Ericsson Group, announced it will use SWIFT MT 798 messages for standardisation and automation of its communication with all its financial institutions.

/Transaction banking

ICICI Bank and Paytm partner for digital credit provision

Paytm, India’s largest payments platform has partnered with ICICI Bank, the country’s largest private sector bank by consolidated assets, to jointly launch ‘Paytm-ICICI Bank Postpaid’, the most seamless way to access interest-free short-term digital credit.

/Transaction banking

Klarna and PPRO team up for credit payments in Europe

PPRO Group, the leading cross-border e-payment specialists and Klarna, one of Europe’s largest banks, will partner to enable Payment Service Providers (PSPs) to offer credit-based payments through PPRO’s payment hub to European merchants, risk-free.

/Transaction banking

Modulr breaks 90 second barrier for business payments

Modulr is today announcing an industry-first real-time inbound and outbound payments SLA that allows businesses to automate high volumes of complex payments any time, even out-of-hours and on weekends, through its API-driven payments platform.

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