Transaction banking

1372 articles tagged with this keyword

/payments

MAS signals breakthrough in cross-border trade finance

Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), in collaboration with commercial partners DBS Bank, Emirates NBD and Standard Chartered, have successfully concluded the world’s first cross-border digital trade financing pilot of its kind.

/sustainable

Citi introduces sustainability-linked supply chain financing in Asia Pacific

Citi has launched its first Sustainability-linked Supply Chain Finance (SSCF) program in Asia Pacific with the aim of supporting clients as they advance their ESG priorities, improve the resilience of their supply chains and manage their working capital needs.

/wholesale

ION launches TreasuraSpark for cash management

ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, and central banks, today announces the launch of TreasuraSpark, a simple to use cash management SaaS solution, to help high-growth organizations migrate from outdated spreadsheets to automated cash management.

/payments

Citi rolls out RTP-enabled real time digital bill payments

Building on its position as the world’s leading instant payments bank, Citi’s Treasury and Trade Solutions (TTS) division now facilitates digital bill payment for both institutional billers and their consumer customers via the RTP network, the real-time payment system from The Clearing House (TCH).

/wholesale

Contour teams with Gleif to enable LEI usage on digital trade finance network

Contour, the digital trade finance network, has partnered with the Global Legal Entity Identifier Foundation (GLEIF) to enable the use of Legal Entity Identifiers (LEIs) within its network and to financially support its members in obtaining their own LEI.

/startups

Centiglobe picks up €5 million in funding from Confidus

Confidus Venture Capital today announced that it has concluded an agreement to acquire an equity stake in Centiglobe, a Stockholm based Fintech company offering an Instant Global Payment platform. Peter Dahlgren will join the Board of Directors.

/wholesale

BNY Mellon joins trade finance blockchain network Marco Polo

BNY Mellon has joined a consortium working to introduce blockchain technology into international trade finance and digitize how working capital is provided to both suppliers and buyers across the globe.

/wholesale

RootAnt Global adds lending capabilities to Banco transaction banking platform

Singapore-based FinTech RootAnt Global, announced the introduction of its central lending platform, BANCR, into the existing BANCO platform, one of the first transaction neobank platforms in Asia.

/wholesale

Bank of China, DBS and HSBC join trade finance advisory group

Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium to build a blockchain-enabled operating system designed to redefine global trade, welcomes Bank of China (“BOC”), DBS Bank (“DBS”) and The Hongkong and Shanghai Banking Corporation Limited (“HSBC”), to form the consortium’s Trade Finance Advisory Group.

/security

Swift to run proof-of-concept trials of trade finance fraud tech from MonetaGo

MonetaGo, a financial technology solutions provider, today announced a new platform to combat financing fraud in trade finance on a global level.

/devops

Australian direct bank data feed provider SISS releases feeds for SAP customers

Australia’s largest independent provider of direct bank data feeds, SISS Data Services, has today released ACSISS Connect for SAP Business One. The new solution, available via SAP Business One partners, will enable SAP customers to receive their bank transaction data automatically each day, eliminating the traditional download/import or manual data entry process.

/Transaction banking

Finastra secures Swift Compatible Application label for Trade Finance

Finastra today announced that it is the first technology provider to secure the SWIFT Compatible Application label 2021 for Trade Finance.

/people

SmartStream hires Mark Morris to lead managed services sales

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the appointment of Mark Morris as Head of Sales, Managed Services - to deliver technology and operational expertise across functions including reconciliations, corporate actions, collateral management, cash and liquidity management, fees and expense management, and reference data.

/payments

Citi introduces real-time liquidity sharing to corporate clients

Citi is pleased to announce the launch and rollout of a new global Real-Time Liquidity Sharing solution, addressing a pressing need for companies to secure improved efficiencies in liquidity and working capital.

/payments

Santander begins roll out new cash management platform with Infosys Finacle

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY) and Santander UK, today announced the roll out of Santander UK's international cash management platform as part of the bank's ongoing digital transformation programme.

/payments

Planixs ships strategic reporting module

Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, today announced the launch of the Strategic Reporting Module as part of its Realiti suite.

/regulation

Vitesse selects Alessa by Tier1 Financial Solutions for secure real-time global transactions

Alessa by Tier1 Financial Solutions, a leading provider of client relationship management (“CRM”), AML compliance and fraud prevention solutions, has been selected by Vitesse, a FCA and European (DNB) regulated provider of seamless international payments and innovative treasury management solutions.

/wholesale

Citi rolls out digital treasury account in Latin America

Citi Treasury and Trade Solutions (TTS) Latin America today announced a successful launch of the Citi Digital Account.

/wholesale

Finastra and Hundsun Lirong collaborate on Chinese treasury tech

Finastra, headquartered in London, UK, and Hangzhou Hundsun Lirong Software Co. Ltd. ("Hundsun Lirong"), a subsidiary of Hundsun Technologies Inc., have today announced a partnership to co-develop a Chinese version of Finastra’s Fusion Opics treasury solution, Hundsun Mangos.

/wholesale

Finastra and Uni Systems collaborate to deliver treasury, payments and risk services

Finastra has established a new partnership with Uni Systems Information Technology S.M.SA (Uni Systems), an Information and Communications Technology (ICT) systems integration company that specializes in Information Technology landscape transformation in Europe.