Transaction banking

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/Transaction banking

10,000 jobs could be lost to robots says Citi

US bank Citi has warned that it could shed half of its 20,000 tech and ops staff in the next five years due to the rise of robotics and automation.

/Transaction banking

HSBC promises $17bn investment in technology

Europe's biggest bank HSBC is planning to invest between $15-$17bn in new technology as part of a new growth strategy announced by its chief executive John Flint.

/Transaction banking

Enterprise Ireland launches fintech fund

Ireland's state-owned economic development agency Enterprise Ireland has announced the launch of a €750,000 Competitive Start Fund for promising fintech startups.

/Transaction banking

Live: EBAday2018, day one

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

/Transaction banking

Euro Banking Association calls for collaboration on B2B data sharing; sets out strategic goals

The Euro Banking Association is advocating the creation of an industry-led coalition to drive digital consent management and data exchange standards in the B2B space, as Europe prepares for a new era of Open Banking under PSD2.

/Transaction banking

Banco de Chile lost $10 million while battling virus infection

Hackers infiltrated the IT systems of Banco de Chile with disk-wiping malware, causing chaos and distracting from the theft of $10 million via the international Swift network.

/Transaction banking

Thai CB to issue digital currency for interbank settlement: Sarb reports back on Project Khokha

The Central Bank of Thailand is initiating a project to use a Bank-issued digital currency for interbank settlements.

/Transaction banking

Italian banks test blockchain for interbank reconciliations

The Italian Banking Association (ABI) has opened a pilot project on blockchain-based interbank reconciliations to a first group of 14 lenders.

/Transaction banking

Live: Swift Latin American Regional Conference - day two

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2018, in Miami. This event will focus on important issues affecting the financial industry in the region, and how the financial community can seize the opportunities that are emerging.

/Transaction banking

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2018, in Miami. This event will focus on important issues affecting the financial industry in the region, and how the financial community can seize the opportunities that are emerging.

/Transaction banking

BlueVine raises $60m

BlueVine, an online startup that provides working capital to small businesses, has raised $60 million in a Series E funding round led by Menlo Ventures and joined by Silicon Valley Bank.

/Transaction banking

Commerzbank taps IoT data to adjust loan repayments for capital equipment

Commerzbank has developed a prototype for a new 'pay-per-use' loan for capital equipment which taps into the Internet of Things to adjust repayment terms according to the actual usage of the machinery on which the loan was taken out.

/Transaction banking

Citi corporate bank joins UK Open Banking framework

Citibank is to join the UK's Open Banking framework to provide an aggregated payments collections service for its business clients, tapping the APIs of the country's largest nine banks.

/Transaction banking

ING flexes fintech muscles

With Money20/20 about to open in Amsterdam, local bank ING is showing its innovation chops with a slew of announcements around SME financing, fintech investments and smart money management.

/Transaction banking

Goldman Sachs leads $250m Tradeshift funding round

Supply chain finance outfit Tradeshift has joined the unicorn club after closing a $250 million Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board.

/Transaction banking

European payments chiefs to gather in Munich for EBAday2018

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the thirteenth annual EBAday, taking place this year in Munich between the 12th and 13th June.

/Transaction banking

Live: Temenos Community Forum (TCF), Dublin, day two

It's the second day of Temenos' annual conference on the banks of the River Liffey in Dublin. Stay tuned for more on the latest in banking transformation and digital disruption, not to mention the Innovation Jam final.

/Transaction banking

Live: Temenos Community Forum (TCF), Dublin, day one

Key banking decision makers to the tune of 1200 have descended on Dublin to discuss the future of Fintech and digital banking for Temenos' annual conference. We're live-blogging proceedings here.

/Transaction banking

There are some things you just can't do with an app

Ian Rand CEO of Barclays Business banking extols the virtues of relationship banking as digital competition heats up.

/Transaction banking

NextGen Banking London - live blog

Welcome to Finextra's live coverage of NextGen Banking London. The event promises to explore what the AI revolution means for banks - and what financial institutions need to do to benefit from AI, and ensure their customers do so as well.