876 articles tagged with this keyword
News/Transaction banking
The Monetary Authority of Singapore (MAS) is partnering R3 and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using blockchain technology.
16 November 2016
Supply chain finance outfit Tungsten has won approval from UK regulators for the sale of its banking offshoot to Wyelands Holdings.
SEB is to use blockchain technology from Ripple to enable customers to make real-time intra-bank transfers between accounts in Stockholm and New York.
07 November 2016
Eight Latin American central banks have signed up to adopt Swift's sanctions screening service and KYC Registry in an effort to combat the threat posed to the region by de-risking measures imposed in correspondent banking relationships.
04 November 2016
Distributed ledger technology has the potential to ease a host of operational pain points with UK payment systems and could be particularly useful for reference data databases, a report from Whitechapel Think Tank (WTT) suggests.
02 November 2016
Blockchain still high on the agenda according to Finextra’s review of discussions in Geneva, while excitement about AI grows
01 November 2016
Ripple CEO Chris Larsen is stepping down, handing over to current COO and president Brad Garlinghouse, who will lead the next stage of the firm's efforts to transform cross-border payments through the use of distributed ledger technologies.
A Japanese bank consortium planning to build a new real-time payments platform using technology from blockchain joint venture SBI Ripple Asia, has expanded to 42 banking members.
Commonwealth Bank of Australia and Well Fargo are claiming a world-first interbank open account transaction using a blockchain and the Internet of Things for the shipment of goods across international borders.
24 October 2016
Visa is working with blockchain outfit Chain on the development of a near real-time funds transfer system for high value bank-to-bank and corporate payments.
21 October 2016
A dozen member banks of the R3 distributed ledger consortium have been trialling Ripple's network and native currency to tackle the costs and inefficiencies of interbank cross-border payments.
20 October 2016
JP Morgan is opening a virtual business branch in Indonesia, using technology to expand its geographic reach without having to buy real estate.
19 October 2016
Emirates NBD and India's Icici Bank have successfully completed a pilot project to deploy a permissionable blockchain for international remittances and open account trade finance transactions.
12 October 2016
Wells Fargo and Australia's ANZ have built a shared distributed ledger platform prototype for correspondent banking payment reconciliation and settlement.
10 October 2016
If banks embrace PSD2 as a driver for strategic investment in open banking, they could leverage this mandatory change for technology and business benefit, finds new research from Finextra and Axway.
29 September 2016
Like the unwanted guest at a party who trashes the house and runs off with your girlfriend, Ripple is throwing its weight around at Swift's annual Sibos conference with a series of barbed tweets and acerbic commentary asking if the interbank co-operative's set-piece Global Payments Innovation initiative is all its cracked up to be.
28 September 2016
Bank of America Merrill Lynch is collaborating with Microsoft on a project to implement blockchain technology for trade finance transactions.
27 September 2016
BNP Paribas says it has entered 'co-development mode' with clients to pilot a number of blockchain applications for transaction banking, after embarking on a collaborative process during its ‘Blockchain Bizhackathon’ earlier this year.
26 September 2016
China has overtaken the UK in digital payment volumes, helping to spur global growth to more than 10%, according to research from Capgemini and BNP Paribas.
22 September 2016
At YBS hosted event, local fintech stakeholders grapple with challenge of acting quickly but strategically.
20 September 2016
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