Latest Transaction banking News: Finextra Research

Ebury raises $83 million to bring large corporate banking services to SMEs

London-based business finance outfit Ebury has snagged a massive $83 million funding round led by Vitruvian partners.

18 November 2015

ISO20022 adoption to drive $4.5 billion in savings for Canadian business - CPA

The Canadian Payments Association estimates that the cost benefits to businesses of a move to the ISO20022 standard could be as high as $4.5 billion over five years simply from the elimination of cheques

18 November 2015

News/Transaction banking

Align Commerce raises $12.5 million to disrupt cross-border payments industry

Blockchain payments startup Align Commerce has closed a $12.5 million funfing round led by Kleiner Perkins Caufield & Byers (KPCB).

17 November 2015

News/Transaction banking

Fintech qualification programme launches

A new certification programme claims to be the first global qualification exclusively for technologists working within financial institutions.

28 October 2015

News/Transaction banking

HSBC opens Singapore innovation lab

HSBC has opened a fintech innovation lab in Singapore that will focus on developing digital and mobile banking services tailored to clients in Asia Pacific.

28 October 2015

News/Transaction banking

FS firms told to prepare for avalanche of IoT data

Financial services firms should begin planning for the avalanche of new data that will hit them through the rise of the Internet of Things (IoT), which, if used correctly, could bring huge benefits to the industry, according to a Deloitte University Press report.

16 October 2015

News/Transaction banking

Trade finance first to be disrupted by Internet of Things say bank CIOs

In a rare session for Sibos 2015, having almost no mention of blockchain, leading technologists from three of the world’s largest banks shared their views on the transformative effect of digital technologies on the business of banking.

13 October 2015

News/Transaction banking

Swift drives Charter for ISO20022 harmonisation

A group of financial market infrastructures have endorsed a Swift-driven Charter to jointly implement a global framework for ISO 20022 harmonisation across the industry.

12 October 2015

News/Transaction banking

Global transaction banking set to be a key battleground in evolving landscape

Global transaction banking revenues are set to nearly double over the next ten years, reaching $2 trillion by 2024, according to a report by the Boston Consulting Group in conjunction with financial messaging network Swift.

09 October 2015

News/Transaction banking

Banks must embrace fintech-fuelled payments revolution - BNY Mellon

Banks must embrace fintech companies or risk being left behind as the payments landscape undergoes a radical technological overhaul, according to a new report from BNY Mellon.

09 October 2015

News/Transaction banking

Santander InnoVentures joins Ripple funding round

Digital currency network Ripple has topped up its $28 million Series A funding round with an additional $4 million investment from Santander InnoVentures.

06 October 2015

News/Transaction banking

Barclays retools business banking for the digital age

The UK's Barclays Bank has released a purpose-built online banking hub that provides corporate customers with a single gateway to all of the bank's business services.

23 September 2015

News/Transaction banking

Nine banks back blockchain collaboration plan

Nine of the world's largest banks are backing an initiative to create a set of global standards for the use of distributed ledger technology in financial markets.

15 September 2015

News/Transaction banking

Payments UK sets out vision for 'world class' services

Trade association Payments UK has vowed to improve access to payments infrastructure and give customers more control over transactions as part of a drive to ensure Britain has a "world class" system.

28 August 2015

News/Transaction banking

Earthport opens gateway to distributed ledgers with Ripple

UK-based payments network Earthport has opened a distributed ledger gateway for bank clients to process real-time cross border payments via the Ripple protocol.

18 August 2015

News/Transaction banking

MarketInvoice to broaden access to retail investors with £6 million investment

MarketInvoice, a P2P platform for small business lending, has raised £6 million in its first round of financing as part of an effort to attract retail investors.

17 August 2015

News/Transaction banking

Wells Fargo to usher in voice and facial biometrics for mobile corporate access

Wells Fargo is to pilot a fusion of voice and face biometrics to authenticate mobile users of its Commercial Electronics Office (CEO) portal.

26 June 2015

News/Transaction banking

European ACHs form Sepa joint venture

Six European ACHs have formed a joint venture to process payments in the single euro payments area (Sepa) from a shared service platform.

25 June 2015

News/Transaction banking

SAP Financial Services Forum - Live Blog

Now in its fifth year, the SAP Financial Services Forum brings together over 450 financial services professionals to explore digital transformation across the financial services sector and the ways that firms can harness innovation, more effectively interact with their customers and build brand loyalty. This live blog will keep you abreast of what unfolds throughout the second day at the event.

24 June 2015

News/Transaction banking

SAP Financial Services Forum - Live Blog

Now in its fifth year, the SAP Financial Services Forum brings together over 450 financial services professionals to explore digital transformation across the financial services sector and the ways that firms can harness innovation, more effectively interact with their customers and build brand loyalty. This live blog will keep you abreast of what unfolds throughout the first day at the event.

23 June 2015