Latest Transaction banking News: Finextra Research

GT Nexus and TradeCard agree merger

GT Nexus and TradeCard have agreed a merger deal, creating the world's biggest cloud-based business network for trade and supply chain management. Financial terms were not disclosed.

07 January 2013

News/Transaction banking

That was the year that was

As Finextra pulls the shutters down on 2012, we take a look back at our most popular news stories, videos, features and blogs over the course of the past year. The site will re-open for business on 2 January 2013.

21 December 2012

News/Transaction banking

Deutsche Bank to sell European merchant acquiring business

Deutsche Bank is to sell its European merchant acquiring business to US processor EVO Payments International.

30 November 2012

News/Transaction banking

Sanctions screening costs doubling every four years - Swift

The operational costs of sanctions compliance to financial services firms is doubling every four years, according to data compiled by interbank co-operative Swift.

27 November 2012

News/Transaction banking

Deutsche Bank Autobahn App Market picks up speed

Deutsche Bank has launched a new liquidity management application on its Autobahn App Market and signed Banque Internationale à Luxembourg (BIL) as a client.

30 October 2012

News/Transaction banking

Banks announce support for SAP corporate cloud messaging network

Bank of America Merrill Lynch, The Bank of Tokyo-Mitsubishi UFJ, Citi, Deutsche Bank, Nordea, Royal Bank of Scotland and Standard Chartered Bank have announced their involvement in the development of the SAP Financial Services Network (FSN), a cloud-based corporate-to-bank connectivity platform.

29 October 2012

News/Transaction banking

Survey: 45 per cent of transaction banks developing mobile strategy

Finextra and Misys have announced the results of their annual survey of trends in transaction banking. The responses from 105 professionals in the trade finance, payments and cash management industry located in 40 countries highlighted the stronger strategic focus on customer service and channel and product innovation.

29 October 2012

News/Transaction banking

Swift taps SmartStream for Accord Matching overhaul

Financial messaging network Swift has enlisted SmartStream Technologies for an overhaul of its Accord confirmation matching engine.

29 October 2012

News/Transaction banking

More Chinese banks pull out of Sibos

More Chinese banks have pulled out of the annual Swift international banking conference, Sibos, which is scheduled to take place in Osaka next week.

23 October 2012

News/Transaction banking

JPMorgan signs for Swift's MyStandards tool

JPMorgan has become the first global bank to sign up to the new Web-based standards management package developed by interbank network Swift.

04 October 2012

News/Transaction banking

Ex-Citigroup VP gets eight years for $23m embezzlement

Former Citigroup treasurer Gary Foster has been sentenced to just over eight years in jail for embezzling nearly $23 million from the bank.

03 July 2012

News/Transaction banking

Live: EBAday 2012, day one

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

15 May 2012

News/Transaction banking

Lawrie exits as Misys and Temenos agree key merger terms

Core banking vendors Misys and Temenos have agreed the key terms for their proposed merger, with shareholders of the UK firm taking 53.9% of the combined group and the Swiss outfit the remaining 46.1%.

08 February 2012

News/Transaction banking

Citi GTS opens Asia Pacific innovations lab

Citi's Global Transactions Services (GTS) business has opened an innovation lab in Singapore to showcase new Web, mobile, supply chain and analytics technologies to institutional clients.

07 December 2011

News/Transaction banking

BNP Paribas and Bottomline form UK and Ireland Swift Service Bureau partnership

BNP Paribas Cash Management and Bottomline Technologies have formed a Swift Service Bureau partnership in the UK and Ireland.

12 October 2011

News/Transaction banking

Sibos signing: Deutsche Bank and Turkey's Garanti forge closer ties

Deutsche Bank and Garanti Bank have signed a cooperation agreement for the establishment of a closer global relationship in cross-currency cash management and trade finance.

20 September 2011