Transaction banking

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/Transaction banking

BNY Mellon adds FX to payments platform

BNY Mellon, a global leader in investment management and investment services, has passed an important milestone in the continuing development of its global payments infrastructure with the launch of enhanced foreign exchange payment capabilities.

/Transaction banking

Cashless payments startup IWIAfrica connects to banks and exchanges with Volante

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, data and payments, today announced the use of Volante Designer within IWIAfrica to enable communication with banks and financial institutions’ systems via SWIFT and FIX messages.

/Transaction banking

Currencies Direct aims for end-to-end STP with Trace's Transformer

Trace Financial announced today that Currencies Direct, the global money transfer specialists, are using Transformer's powerful message and data transformation capabilities to streamline the handling of inbound and outbound SWIFT messages.

/Transaction banking

Bottomline certified for Prompt Payment Code

Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice, and digital banking solutions, today announced independent certification for the Prompt Payment Code.

/Transaction banking

TAS Group launches partner programme

TAS Group today unveiled its comprehensive, new globally aligned Partner Program, which offers partners more hands-on programs, partnership tracks and certifications to further ensure their success.

/Transaction banking

Gresham revenues up 11% in H1

Gresham Computing plc (LSE: “GHT”, “Gresham” or the “Group”), the leading software and services company that specialises in providing real-time financial transaction control software, announces its unaudited half year results for the six months ended 30 June 2015.

/Transaction banking

Wells Fargo appoints Nick Lawrence to lead supply chain finance roll out in Europe

Wells Fargo Capital Finance, part of Wells Fargo & Company (WFC), announced that Nick Lawrence has been appointed as managing director for Supply Chain Finance (SCF) as it finalizes the build out of its European platform to support all three international products, Channel Finance, Supplier Finance and Sales Finance.

/Transaction banking

HSBC mandated as RMB concentration bank for LME Clear

HSBC has been mandated as the sole offshore RMB concentration bank for LME Clear, the clearing house for the London Metal Exchange (LME) market.

/Transaction banking

FCA authorises Instinet as payment institution

Instinet Europe Limited (Instinet) today announced that it has received regulatory authorisation from the FCA as a Payment Institution.

/Transaction banking

Tradeshift strikes $30 million deal to buy Merchantry

Tradeshift, the fastest growing supplier collaboration platform, announced that it has acquired Merchantry, a leading cloud-based product information management (PIM) provider for $30 million in cash and stock.

/Transaction banking

Alvean looks to Bolero for digitised sugar transaction

Alvean Sugar and Lantic Inc, have successfully completed a shipment using Bolero’s cloud-based messaging services in an industry first for the commodity type.

/Transaction banking

Working capital startup C2FO secures $40 million funding round

C2FO, the world’s largest market for working capital, has reported its Q2 2015 working capital flows of $5.4BN, more than four times the rate compared to $1.2BN in Q2 2014. This record was fueled by a substantial increase in supplier early payment demand.

/Transaction banking

Shinhan Bank certified by Swift for corporate servicing

Swift announces that Shinhan Bank has recently been awarded an advanced bank-readiness certification from Swift.

/Transaction banking

Japan Post Bank chooses Earthport payment network

Earthport (AIM: EPO), the leading payment network for cross border transactions, announces an agreement to enable cross-border services for Japan Post Bank, Japan’s largest retail bank in terms of deposits.

/Transaction banking

ISO revised standard for currency code published

Pounds or sterling, dollars or bucks? Our globalised world would feel a lot less global if it we didn't have agreed codes for money. ISO's newly revised standard for currency codes has just been published, ensuring it is fit for the challenges of a fast changing, ever diminishing world.

/Transaction banking

ANZ forms panel of tech experts to advise board

ANZ today announced the establishment of an international panel of technology experts to provide advice to the Board on the strategic application of new technologies and on emerging technology, digital and social media trends that affect the Bank’s business and strategic direction.

/Transaction banking

CIB goes live with Intellect Design Arena's custody services platform

Intellect Design Arena Limited, a specialist in applying true Digital Technologies across Banking & Insurance, today announced that Commercial International Bank (CIB) the largest private-sector bank in Egypt, has gone live with Intellect Custody Solution.

/Transaction banking

PowertoPay earns Swift corporate cash management label

PowertoPay has been awarded the 2015 SWIFT Corporate Cash Management Label for the second consecutive year. All validations to qualify the PowertoPay Corporate Payment Hub for the Corporates Cash Management label have been completed and proven to be successful.

/Transaction banking

Surecomp Imex wins Swift label

Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that IMEX, its high-volume back-office trade finance solution for banks, has been award the “SWIFT Certified Application – Trade Finance” label for a 17th consecutive year.

/Transaction banking

Bank of England plans new sterling money market data collection

The Bank of England has today published a consultation document setting out in detail plans first announced in March 2015 for a new sterling money market data collection. The consultation also sets out, at a high level, how the Bank plans to use these data to reform the Sterling Overnight Index Average (SONIA) benchmark interest rate.

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