Latest Transaction banking News: Finextra Research

Deutsche Bank acquires Indian Open Banking software house Quantiguous Solutions

Deutsche Bank has acquired Mumbai-based startup Quantiguous Solutions to help build an Open Banking platform connecting corporate clients to third party partners and its global transaction banking franchise.

15 May 2018

News/Transaction banking

HSBC claims blockchain breakthrough for trade finance

HSBC and ING bank have announced the successful execution of a trade finance transaction using R3's Corda blockchain platform.

14 May 2018

News/Transaction banking

JP Morgan reshuffles management to target algo traders

JP Morgan has announced changes to its senior management designed to cater for the growing number of trading counterparties using algorithms and electronic platforms.

11 May 2018

News/Transaction banking

Brexit, cyber-resilience, Open Banking to the fore at Swift London forum

The Swift Business Forum London recently took place at the city's Tobacco Dock. With a record 1,300 registrations, the key themes of the day included innovation in financial services, community collaboration, and cyber resilience. And of course, being hosted in the UK, Brexit and its potential impacts also came up in discussion

02 May 2018

News/Transaction banking

Top European banks gather to debate the merits of AI

Finextra has assembled an all-star cast of sponsors and speakers for next month's NextGen Banking London: the AI Revolution event, shedding light on a technology billed by Gartner as the most disruptive to engulf the enterprise over the next ten years.

27 April 2018

News/Transaction banking

BBVA uses Ether and Hyperledger to perform corporate loan deal

BBVA has closed a EUR75 million corporate loan deal with technology partner Indra, performing the complete process from negotiation to the signing of the loan over a mix of different public and private blockchain-based platforms.

26 April 2018

News/Transaction banking

Swift consults on ISO 20022 migration

Swift has launched what it calls a "full-scale community consultation" as it steps up efforts to push for a migration of cross-border services to the ISO 20022 standard.

26 April 2018

News/Transaction banking

Swift Business Forum London - live blog

Welcome to Finextra's live coverage of the Swift Business Forum London 2018. This event will focus on important issues affecting the financial industry, exploring how far and how fast the transformation of financial services will take place in the UK and beyond.

24 April 2018

News/Transaction banking

Innovation and risk under the spotlight in Canada

Rapid technological advancement was to the fore at the recent Swift Business Forum Canada, Toronto, where over 340 financial services professionals gathered to discuss the opportunities and threats that the financial services community faces

20 April 2018

News/Transaction banking

Top tier banks pass first transactions on trade finance blockchain

Batavia, a blokchain-based trade finance platform developed by a consortium of international banks and IBM, has passed its first live pilot transactions with corporate clients.

19 April 2018

News/Transaction banking

Icici Bank onboards 250 corporates to blockchain platform

India's Icici Bank has onboarded more than 250 corporate customers to its custom-developed blockchain platform for domestic and international trade finance

17 April 2018

News/Transaction banking

Corporates clamour for enriched data rather than faster payments

Despite industry buzz about faster payments, corporate treasuries and commercial bankers rate obtaining detailed information on transaction flows as more important than speed when it comes to electronic payments, according to research from TD Bank

11 April 2018

News/Transaction banking

MarketInvoice joins NatWest Capital Connections panel

NatWest has added invoice finance platform MarketInvoice to its Capital Connections panel, which helps SMEs unable to borrow from banks get access to alternative sources of money.

11 April 2018

News/Transaction banking

HSBC applies AI to track financial crime

Having racked up billions of dollars in fines for money laundering and sanctions busting, HSBC is cleaning up its act with the global roll out of an AI tool capable of analysing data logs and tracking transactions within a customer's wider network.

09 April 2018

News/Transaction banking

Microsoft defends support for controversial Cloud Act

A long-running court battle between Microsoft and the US government about whether the latter had the right to access emails held in Microsoft's Irish data centre has come to an anticlimactic end after a judge dismissed the case, ruling it to be "moot" due to the recent passing of the Cloud (Clarifying Lawful Overseas Use of Data) Act.

05 April 2018

News/Transaction banking

South Africa's central bank mulls cryptocurrency regulations

The South African Reserve Bank (Sarb) is setting up a dedicated unit to monitor cryptocurrency and fintech developments and inform future regulations and its first job will be to set up a proof of concept (PoC) for DLT-based interbank clearing and settlement.

04 April 2018

News/Transaction banking

Commonwealth Bank hit by outage

Customers of Commonwealth Bank Australia (CommBank) have been left frustrated after a series of major outages left them unable to access their bank accounts.

04 April 2018

News/Transaction banking

HSBC to offer Paypal as global disbursement option for corporate clients

PayPal's strategy of making deals with big banks is bearing fruit, as HSBC becomes the latest to add the payment method to its global disbursement service for corporate customers.

29 March 2018

News/Transaction banking

Swift to deliver end-to-end tracking of all payment messages crossing the network

Swift is extending its gpi Tracker to cover all payment instructions sent across the network, enabling member banks to achieve full visibility over payments activity.

23 March 2018

News/Transaction banking

EBAday 2018 zones in on fintech

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2018, Europe's leading payments and transaction banking event.

23 March 2018