Transaction banking

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/Transaction banking

Swift signs up 29 new corporates in Asia pacific

SWIFT announces that 29 new corporates in Asia Pacific had joined the co-operative from May 2015 to December 2015.

/Transaction banking

Aztec Exchange releases e-invoice early payment option

Aztec Exchange, the global supplier of invoice finance products and services, today announced the launch of its transformative PayMe e-invoice finance solution.

/Transaction banking

Infosys unit EdgeVerve launches blockchain framework

EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), which offers the Infosys Finacle universal banking solution suite, today introduced its EdgeVerve Blockchain Framework designed to further the adoption of blockchain technology by the global financial services sector.

/Transaction banking

Financial Services industry losing £165 million in invoice fraud

Businesses in financial services (FS) are losing more than £165 million in invoice fraud every year.

/Transaction banking

Daniel Marovitz takes on COO role at Earthport

Earthport (AIM: EPO.L), the leading cross-border payment network, announces that Chris Cowlard will be stepping down as Chief Operating Officer and a member of the board as of June 3 2016. Daniel Marovitz, currently president of Earthport Europe will move into a new role as President - COO of Earthport.

/Transaction banking

Bank of America adds data capture facility to CashPro Trade

Bank of America Merrill Lynch today announced that its trade finance processing application, Bank of America Merrill Lynch CashPro Trade, is now powered with innovative technology to assist clients with document identification and retrieval.

/Transaction banking

Singaporean startup Validus links investors to SMEs

Validus is a SME fund box that links Singaporean and Global investors to Singaporean SMEs.

/Transaction banking

Reval corporate cloud hooks up with Swift

With a new agreement between SWIFT and Reval, corporate treasury teams using the Reval Cloud Platform for automated cash and liquidity management can now join the SWIFT messaging network to connect their bank accounts anywhere in the world.

/Transaction banking

Tungsten hires HSBC's Prabhat Vira to help revive business

Prabhat Vira has been appointed President of Tungsten Network Finance, the supply chain finance arm of the Tungsten Network business.

/Transaction banking

Swift introduces standards ‘Change Request Forum’

Each year, the annual MT standards maintenance process invites the community to request formal changes to the MT messages.

/Transaction banking

Bolivia's banking community adopts Swift's KYC

Swift announces today that Bolivia’s banking community connected to SWIFT is now using The Know Your Customer (KYC) Registry, Swift’s centralised repository which maintains a standardised set of information about financial institutions required for KYC compliance.

/Transaction banking

FC Exchange joins Saxo's Payments Banking Circle

Saxo Payments, the global transactions services provider, is starting a new partnership with currency broker and international payments solution provider, FC Exchange.

/Transaction banking

Almost half of UK SMEs are frustrated by delayed payments

An online survey from YouGov and ACI Worldwide (NASDAQ: ACIW) has found that 48 percent of UK small to medium-sized businesses (SMEs) are frustrated with delayed payments reaching their business bank accounts.

/Transaction banking

EBA Clearing responds to corporate demand for enhanced remittance data on Step2 platform

EBA CLEARING announced today the activation of an enhanced extended remittance information service on its pan-European automated clearing house platform STEP2.

/Transaction banking

Swift expands financial crime portfolio to help banks comply with new FATF rules

SWIFT announces that it will launch Payments Data Quality, an advanced reporting and data analytics service to help financial institutions comply with new international requirements for originator and beneficiary information in payments messages.

/Transaction banking

Hansa Orga and Deutsche Bank introduce plug and play payments integration for SAP users

Hanse Orga today announced the introduction of “HO Global Format Integrator” a “plug & play” solution for companies wishing to configure and establish international transaction messages faster and more easily in their SAP system.

/Transaction banking

SAP Ariba bids to transform financial supply chain in partnership with Prime Revenue

When it comes to global supply chains, the physical and financial are inextricably linked. The health of one depends on the other.

/Transaction banking

Money2020: Ixaris pumps $6 million into B2B payments spinoff

Ixaris, the payments technology expert, today announced it is separating its payments technology arm, Ixaris Technologies, to create a fully dedicated tech subsidiary to support its open payments platform offering.

/Transaction banking

Seven university student teams to pitch for Swift Institute Challenge prize

SWIFT Institute announces today that it has selected seven university student teams to compete in the inaugural SWIFT Institute Challenge at the SWIFT Business Forum London on 20 April at Tobacco Docks.

/Transaction banking

TNS introduces message translation service for payments

Merchants, ISOs, payment gateways and terminal providers around the world are set to gain efficiencies and make substantial savings thanks to the launch of TNSConnect2All, a new global message translation conversion service, from Transaction Network Services (TNS).

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