Transaction banking

878 articles tagged with this keyword

/payments

Standard Chartered taps Demica for new supplier finance portal

Standard Chartered is to ease enrollments to its supplier finance programme through an online platform delivered by Demica.

/wholesale

BBVA taps into Ant's Trusple blockchain platform

BBVA has inked a deal to integrate cross-border payment and financing services in Ant Group's blockchain platform for global trade, Trusple.

/cloud

Goldman Sachs boosts transaction banking biz with Fiserv tie-up

Goldman Sachs is looking to scale up its new transaction banking business by teaming up with Fiserv to offer the fintech giant's clients services, starting with cross-border supplier payments.

/payments

Blockchain-based commercial payments firm Paystand raises $50m

Blockchain-enabled commercial payments outfit Paystand has raised $50 million in a Series C round of funding led by NewView Capital.

/people

Deutsche Bank culls Dublin workforce

Deutsche Bank has announced plans to axe as many as 450 full time and contractor roles in its Dublin office.

/wholesale

Goldman Sachs to disrupt UK transaction business market

Goldman Sachs has launched Transaction Banking (TxB) in the UK, expanding the business which was successfully launched in the US last year.

/wholesale

SocGen to overhaul global transaction banking business with Temenos

Societe Generale has selected Temenos to modernise the account management and payment systems for its global transaction banking activities in Europe and Asia

/payments

Rabobank spins off TreasurUp

Rabobank is spinning off its TreasurUp venture through a series A funding round together with Australian listed cross border payments specialist OFX.

/crypto

Central Bank of Bahrain taps JPMorgan Onyx for digital currency trials

The Central Bank of Bahrain is to use JPMorgan's blockchain platform Onyx in a pilot scheme to introduce instantaneous cross border payment using a digital currency.

/sustainable

ALT/AVE to drive new funding into its DLT offering

Having secured £535,000 investment, regtech ALT/AVE plans to further develop its distributed ledger solution docStribute, to expand its core uses beyond financial services.

/wholesale

HighRadius hits $3.1bn valuation

HighRadius, a startup specialising in AI-powered order-to-cash and treasury management software, has hit a $3.1 billion valuation off the back of a $300 million Series C funding round led by D1 Capital and Tiger Global.

/payments

DBS completes first trade transaction on Ant Group's Trusple blockchain

DBS is the first Asian bank to successfully close a trade financing transaction on Ant Group's blockchain platform Trusple.

/payments

EBAday 2021: The road to payments transformation

After the success of EBAday 2020, the event will again run in digital format on 28-30 June 2021 for its sixteenth year, welcoming a host of board directors, chief executive officers and payments and technology heads from Europe’s leading banks.

/payments

Citi streamlines cross-border payments with digital documentation

Citi is streamlining the cross-border payments process for institutional clients by releasing a single electronic platform for payment instructions and the associated documents that accompany them.

/sustainable

Swift and ICC bid to create industry standard for ESG due diligence

Swift's KYC Registry has become the first market utility to embed the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelines, making it easier for financial institutions to identify environmental, social and governance (ESG) risks in their supply chains.

/payments

Nordic change is in the air for 2021

As part of Finextra’s Predictions Series for 2021, Hannah Wallace spoke to Erik Zingmark, Nordea’s head of transaction banking to unpack some of the leading trends he expects to see throughout 2021.

/payments

UBS introduces multibanking service for Swiss SMEs

UBS is rolling out a multibanking function that lets its SME clients in Switzerland make payments from their accounts with other providers from within the Swiss giant's E-Banking service.

/wholesale

Wells Fargo leads $20m Series A for cash management startup Trovata

Trovata, a US startup specialising in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, has raised $20 million in a Series A funding round led by Wells Fargo Strategic Capital.

/wholesale

Citi picks Volante for global ISO 20022 migration

US banking giant Citi is enlisting Volante Technologies to accelerate its adoption of the ISO 20022 financial messaging standard across its global payments operations.

/payments

IBM acquires Canadian payments outfit Expertus

IBM has acquired Canadian fintech Expertus as part of a strategy to extend its hybrid cloud offerings deeper into the AI and payments space.