Latest Transaction banking News: Finextra Research

Mizuho completes DLT-based trade finance transaction

Mizuho has completed a trade finance transaction between Australia and Japan, digitising all necessary documentation and sharing the data with multiple participants across a distributed ledger.

07 July 2017

News/Transaction banking

EU Funds Transfer Regulation 2015: three challenges to overcome

Applicable from 26 June 2017, the EU Funds Transfer Regulation 2015 (FTR 2015) brings with it many unexpected implementation hurdles for payment service providers (PSPs). Christian Westerhaus, head of product & strategy, Institutional Cash Management, Deutsche Bank, explains why there is more to FTR 2015 than meets the eye.

07 July 2017

News/Transaction banking

Twenty eight global banks to test Swift blockchain application

Interbank messaging network Swift says that 22 additional global banks have joined its blockchain proof of concept (PoC), designed to validate whether the technology can help banks reconcile their international nostro accounts in real time.

06 July 2017

News/Transaction banking

SAP Financial Services Forum, London - Day 2 live blog

Welcome to Finextra's live coverage from Day 2 of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The agenda will examine how technologies such as AI, machine learning, analytics, blockchain, open APIs and the cloud can be best leveraged to deliver truly digitised financial services.

05 July 2017

News/Transaction banking

Commerzbank steps up focus on trade finance transformation

Commerzbank is to work with the Fraunhofer-Institute for Material Flow and Logistics (IML) in Dortmund to test and develop new scenarios for digitisation of trade and supply chain finance using distributed ledgers and the Internet of Things.

04 July 2017

News/Transaction banking

SAP Financial Services Forum, London - Day 1 live blog

Welcome to Finextra's live coverage of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The two-day agenda will examine how technologies such as AI, machine learning, analytics, blockchain, open APIs and the cloud can be best leveraged to deliver truly digitised financial services.

04 July 2017

News/Transaction banking

Finextra charts the new payments landscape

Finextra’s European Payments Industry Insights Report tackles key questions about how ready Europe’s payments market participants really are for the unprecedented waves of change about to hit.

04 July 2017

News/Transaction banking

EBA Clearing preps revamp of Euro1 high-value payment system

With its new real-time payment platform set to go live in the next few months, EBA Clearing is turning its attention to Euro1, kicking off an investigation into how the flagship single euro payment system should be positioned in the rapidly-evolving landscape.

21 June 2017

News/Transaction banking

Swift offers €200,000 for two fintechs to leverage gpi platform

Swift has launched an Industry Challenge to find two winning fintechs who will be granted €100,000 to further develop new overlay services that leverage its Swift global payments innovation (gpi) platform.

21 June 2017

News/Transaction banking

Live: EBAday 2017, day two

Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

21 June 2017

News/Transaction banking

Live: EBAday 2017, day one

Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

20 June 2017

News/Transaction banking

Instant payments top of mind for Swift and EBA Clearing

Interbank co-operative Swift is to launch an instant payment gateway to connect member banks to multiple market operators across Europe.

14 June 2017

News/Transaction banking

Swift Business Forum, New York - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in New York. This event will focus on the key issues affecting the financial industry, including banking, payments, and securities. Cyber security will also be a hot topic, in light of the announcement of Swift's Customer Security Programme.

14 June 2017

News/Transaction banking

EastNets adopts AI to monitor Swift traffic for fraudulent messages

Payments processor EastNets is to apply machine learning technology to detect fraudulent payments transactions passing over the Swift network.

14 June 2017

News/Transaction banking

Winning in the digital moment; Leading banks explain what it takes

A stellar line-up of 27 senior bankers and fintech experts will be onstage at the Finextra SAP Financial Services Forum in London next month to detail winning strategies for banks competing in a digitally-driven business market.

08 June 2017

News/Transaction banking

HSBC opens 'social network' for business customers

HSBC has launched a digital marketplace platform connecting buyers with suppliers around the world.

06 June 2017

News/Transaction banking

Countdown to PSD2: Finextra surveys financial institutions on readiness and strategies

A new Finextra paper to be released at EBAday 2017 will gauge banks’ progress with PSD2 compliance and their thinking about the opportunities - and challenges - of the imminent regulatory change.

05 June 2017

News/Transaction banking

Fifteen startups selected for EBAday Fintech Pavillion

Finextra and the Euro Banking Association have selected 15 of Europe's most promising startups to present their ideas to banking delegates attending EBAday 2017, the continent's leading payments and transaction banking event.

02 June 2017

News/Transaction banking

Bank/fintech collaboration can take transaction banking to new heights

With banks and emerging technology companies bringing a raft of new innovations and business models to the industry, Claudio Camozzo and Jan Kupfer, global co-heads of Global Transaction Banking at UniCredit, argue that bank-fintech collaboration alongside a customer-focused approach is essential to seize – and maximise – the opportunities at hand.

23 May 2017

News/Transaction banking

Citi and Nasdaq run blockchain-based settlement for private securities

Citi is providing financial resolution for secondary market transactions conducted over Nasdaq's Linq Platform, using distributed ledger technology from Chain to address the challenges of liquidity in private securities by streamlining payment transactions between multiple parties.

22 May 2017