Latest Transaction banking News: Finextra Research

Live: EBAday 2016, day two

Payments professionals from across Europe are gathering in MIlan this week for EBAday 2016, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

08 June 2016

News/Transaction banking

Token launches payment network for PSD2 compliance

A new payment network is aiming to help banks turn compliance with the latest payment services directive into a money-spinning exercise.

07 June 2016

News/Transaction banking

MyBank completes pilot transaction for digital ID service

A digital authentication service has completed its first transaction at the EBAday event in Milan.

07 June 2016

News/Transaction banking

Live: EBAday 2016, day one

Payments professionals from across Europe are gathering in Milan this week for EBAday 2016, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

07 June 2016

News/Transaction banking

US lawmakers to investigate Fed's cyber security

A US congressional committee is to investigate the Federal Reserve's cyber security practices, according to Reuters which recently reported that there have been more than 50 cyber breaches at the central bank between 2011 and 2015.

06 June 2016

News/Transaction banking

Record turn out expected for EBAday 2016; exhibition floor sells out

Boasting a sold-out exhibition floor and record pre-registered delegate numbers, EBAday 2016 has reinforced its status as Europe's premier payments and transaction banking conference.

27 May 2016

News/Transaction banking

More banks come forward as Bangladesh hack investigation expands

The fallout from the $81 million Bangladesh Bank hack continues, with up to a dozen banks getting in touch with investigators to flag similar possible network breaches, according to Bloomberg.

26 May 2016

News/Transaction banking

Swift adopts buy and build approach for new compliance challenge

Swift is working with its internal innovation unit Innotribe to scout for new compliance software and prototypes that could be used to complement its global KYC Registry service.

17 May 2016

News/Transaction banking

Swift warns of second victim of bank hackers

In news that will send a shiver down the spines of banking regulators worldwide, bank-owned messaging network Swift is warning members that a second bank has fallen victim to the same kind of malware-based attack that led to an $81 million loss at the Bangladesh Central Bank.

13 May 2016

News/Transaction banking

Nordea to launch crowdfunding platform

Nordea is to launch an equity-based online crowdfunding platform in Finland, matching entrepreneurs seeking financing with investors.

11 May 2016

News/Transaction banking

Bottomline brings mobile payments to corporate accounts

UK business customers using Bottomline Technologies C-Series payments processing module will soon be able to send payments in minutes to recipients using only a phone number via the Barclays Pingit app or Paym service.

09 May 2016

News/Transaction banking

EBAday 2016: Setting a vision for the future of the European payments industry

An impressive list of up to 80 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 eleventh annual EBAday, taking place this year at MiCo - Milano Congressi from 7 to 8 June 2016.

06 May 2016

News/Transaction banking

Finextra Community goes from strength to strength

The Finextra Community has posted its 10,000th blog post, marking a major milestone in the growth and maturity of the financial technology industry's most enduring social network.

29 April 2016

News/Transaction banking

ECB investigates use of distributed ledger but warns of far-reaching consequences

The European Central Bank is looking into the use of distributed ledger technology (DLT) for the Eurosystem's market infrastructure but is wary of the far-reaching consequences for the role of central bank money, says executive board member Yves Mersch.

26 April 2016

News/Transaction banking

DBS strikes P2P referral deals with marketplace lenders

DBS Bank has signed a cross-referral agreement with peer-to-peer lending platforms Funding Societies and Moolah Sense, becoming the first bank in Singapore to collaborate with marketplace lenders in expanding the funding sources open to small business clients.

21 April 2016

News/Transaction banking

Swift sets out distributed ledger position

As the hype surrounding distributed ledger technology continues to build, Swift is acknowledging the inevitable and promising to evolve its platform to enable DLT-based services - but only when a series of "critical factors" have been addressed.

20 April 2016

News/Transaction banking

Swift Business Forum London 2016 - Live blog

Now in its sixth year, the Swift Business Forum London 2016 brought together 1000 delegates from across banking, securities, market infrastructures and corporates to tackle the theme, Build the future. A broad spectrum of speakers discussed their vision and aspirations for the industry, while tackling practical topics around disruption, technology and regulation - particularly as they impact the UK market.

20 April 2016

News/Transaction banking

Forty banks line up in support of EBA Clearing instant payments plan

EBA Clearing says that close to 40 financial institutions have committed to supporting and funding the development and installation of its pan-European instant payments platform for transactions in the Single Euro Payments Area.

19 April 2016

News/Transaction banking

SIA wins Reserve Bank of New Zealand RTGS contract

Italy's SIA has won a contract with the Reserve Bank of New Zealand to implement and support a new real-time gross settlement system (RTGS) that will replace the current Exchange Settlement Account System (ESAS).

18 April 2016

News/Transaction banking

Switzerland looks to the future with new ISO 20022 payments architecture

Switzerland has pressed the button on a new interbank payment system (SIC), using the ISO 20022 messaging standard to provide a host of new services to bank and corporate users.

18 April 2016