Transaction banking

878 articles tagged with this keyword

/people

HSBC names executive team for new embedded finance fintech

HSBC has named the executive team that will spearhead a new embedded finance joint venture in the transaction banking arena

/crypto

JPM Coin launches programmable payments

Onyx by JP Morgan has launched programmable payments for blockchain-based accounts on JPM Coin. The solution allows users to use a ‘If-This-Then-That’ interface to program their transactions.

/payments

HSBC tests tokenised deposit platform for global treasury payments

HSBC has successfully tested the use of tokenised deposits in intra-group treasury transactions using blockchain technology provided by China's Ant group.

/payments

NAB implements cash management tech from Trovata

National Australia Bank is using technology from portfolio company Trovata to launch a new AI-enabled cash management, analytics and forecasting platform, NAB Liquidity+.

/wholesale

Commerzbank makes blockchain-based trade finance transactions

Commerzbank has completed a blockchain-based Letter of Credit transaction for a client on the Contour digital trade finance platform.

/wholesale

The Bank of London applies for EU banking licence

The Bank of London, a global clearing and transaction banking startup, has applied for a European banking licence and committed to a €200 million investment and the hiring of 300 people in Luxembourg over the next five year.

/wholesale

Citi Commercial Bank launches digital client platform

Citi has launched a digital client platform for its commercial bank customers, bringing together all of its products and services in one place.

/regulation

Singapore fines banks for AML breaches in Wirecard affair

Singapore has slapped three banks and an insurer with fines for anti-money laundering breaches connected with the Wirecard scandal.

/payments

SocGen and Lemonway join forces to service corporate B2B marketplaces

Societe Generale has signed a deal with Lemonway to deliver payment services to large corporates launching B2B marketplaces in Western Europe.

/payments

Lloyds Bank strikes deal with Enigio to digitise trade finance documentation

Lloyds Bank is to bring blockchain to bear on trade finance documentation, using technology from Swedish firm Enigio to dematerealise promissory notes, bills of exchange and bills of lading.

/people

The Bank of London recruits Silicon Valley Bank's Gavin Hewitt as CFO

The Bank of London, a global clearing and transaction banking startup, is continuing to sweep up senior executives from across the industry, appointing Silicon Valley Bank's Gavin Hewitt as group chief financial officer.

/people

The Bank of London recruits Phil Knight as IT chief

The Bank of London, a global clearing and transaction banking startup, has poached Phil Knight from 10x Banking as group CTO and chief information security officer.

/payments

Standard Chartered launches Payouts-as-a-Service tech

Standard Chartered has launched an API-first Payouts-as-a-Service offering that will let digital businesses manage one-to-many payments.

/wholesale

Swift and MonetaGo tackle trade finance fraud

Swift has teamed up with vendor MonetaGo to launch a trade financing validation service for the messaging network's 11,000+ members.

/wholesale

BNP Paribas to buy currency risk management firm Kantox

BNP Paribas has struck a deal to buy currency risk management automation firm Kantox. Financial terms were not disclosed.

/payments

Goldman Sachs expands Transaction Banking to Europe

Goldman Sachs is opening its API-based Transaction Banking (TxB) platform to corporates in the European Union.

/retail

UK's bank branch sharing project to be extended

A trial project involving bank branches shared by multiple institutions is set to be rolled out across the UK.

/people

The Bank of London to open new tech hub in Charlotte, creating 350 jobs

Global clearing and transaction banking startup, The Bank of London, is to open Global Platform & Services headquarters in Charlotte, North Carolina, creating 350 new jobs by 2026.

/wholesale

Banks choosing to build and not buy tech, suggests survey

Corporates' demands for digital services are leading a majority of corporate banks to look in-house when building their technology stack, according to recently published research.

/payments

Rogers outage shuts down Canadian banks' ATMs, POS and internet banking

Interac, a Canadian e-transfer service, is currently down due to issues with the Rogers network provider.