Transaction banking

3351 articles tagged with this keyword

/Transaction banking

Ripple ships tools to help banks analyse cross-border payment costs

The McKinsey 2015 Global Payments Report stated that the number of global payments made in 2015 totaled $30.3 trillion and is expected to grow 6% per year over the next five years.

/Transaction banking

Chinese fintech firms unveil blockchain-based supply chain finance platform

Dianrong and FnConn today announced the market launch of Chained Finance, the first-ever blockchain platform for supply chain finance.

/Transaction banking

Fintech Pavillion to host Europe's top startups at EBAday 2017

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2017, Europe's leading payments and transaction banking event.

/Transaction banking

Brexit to drive corporate banking shake up

Saxo Payments says the UK's exit from the European Union could have a devastating impact of bank-to-corporate relationships, with one-third of companiess surveyed by the bank considering moving their operations out of Britain when Article 50 is triggered.

/Transaction banking

Corporates want banks to deliver payment standardisation

A new Nordea report focusing on the future of the corporate and business-to-business payments landscape, including the changing role of banks and the impact of new technology, has shown that a lack of industry standardisation is a key concern among businesses.

/Transaction banking

Raiffeisen chooses iGTB to provide digital trade finance platform

iGTB, the Global Transaction Banking division of Intellect Design Arena Ltd, five Austrian Raiffeisen Regional Banks (Raiffeisenlandesbank Niederösterreich-Wien AG, Raiffeisen-Landesbank Steiermark AG, Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, Raiffeisen-Landesbank Tirol AG and Raiffeisenlandesbank Vorarlberg Waren- und Revisionsverband regristrierte Genossenschaft mit beschränkter Haftung) and Raiffeisen Bank International (RBI), Vienna, a leading banking group in Austria and Central and Eastern Europe, have agreed a contract to implement a comprehensive digital trade finance platform.

/Transaction banking

BMO offers Interac bulk disbursement services to business customers

Interac Association/Acxsys Corporation announced today that BMO (Bank of Montreal ) is now offering Interac e-Transfer Bulk Disbursement, an extension of Interac e-Transfer, to its commercial customers.

/Transaction banking

New ANZ online tool helps Australian businesses expand internationally

ANZ today launched a new digital tool to help Australian businesses plan for international expansion with a one-stop-shop that provides data-driven insights to support export plans.

/Transaction banking

IBM and Maersk advance blockchain project for global trade

IBM and transport and logistics outfit Maersk have unveiled a blockchain-based cross-border supply chain programme to manage and track the paper trail of tens of millions of shipping containers across the world.

/Transaction banking

Raiffeisen Bank Romania implements Allevo tech for corporate Sepa compliance

Raiffeisen Bank Romania, in its continuous efforts to be one step ahead of competition and offer world class services to their business clientele, chose to offer its corporate customers a plug and play solution for ensure compliance to SEPA regulations.

/Transaction banking

Citi launches API for corporate treasurers

Citigroup has launched an API for payment initiation, payment status, and account balance inquiries at corporate treasury workstations and enterprise resource platforms.

/Transaction banking

Nordea releases AutoFX for corporate treasury

Nordea Cash Management and Nordea Markets announce the launch of AutoFX, the new autopilot for corporates seeking to automatically balance cash pools and manage foreign currency risk. Nordea is the first bank in the Nordics to offer this type of solution.

/Transaction banking

Credit Union of Southern California selects Architect from Fiserv

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Credit Union of Southern California (CU SoCal) a $1.2 billion, 92,000 Member credit union based in Anaheim, has selected the Architect digital banking platform.

/Transaction banking

Trax and Droit partner on EMIR eligibility and derivatives reporting service

Trax, a leading provider of regulatory reporting, trade matching and capital market data services, has reached agreement with Droit Financial Technologies (“Droit”), the provider of real-time global regulatory decision systems for capital markets, to offer an eligibility determination and regulatory reporting service to help firms meet the European Market Infrastructure Regulation (EMIR) for derivatives.

/Transaction banking

Risk can’t be eradicated but can be better managed

Howard Presland, Head of Third Party Risk Proposition, Thomson Reuters, discusses why it is essential for companies to manage risk associated with their suppliers, partners and distributors, to avoid reputational and financial damage.

/Transaction banking

Traiana launches electronic management of confirmations and payments for equity swaps

Traiana, a NEX Group business which monitors pre-trade risk and automates post-trade processing of financial transactions, announces today that it has launched Swaps Centre, a suite of services which enable swaps providers to electronically manage payments and confirmations in equity swaps.

/Transaction banking

FIX Protocol enhanced to meet MiFID II and MiFIR requirements

FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the publication of a document detailing extensions to the FIX Protocol to meet the requirements of MiFID II and MiFIR.

/Transaction banking

Pelican introduces PelicanFast for real-time payments processing and compliance

Pelican, a global provider of payments and compliance systems for banks and corporates, today launched PelicanFast, a real-time payments and compliance solution for organisations participating in the pan-European Instant Payments scheme of the European Payments Council.

/Transaction banking

Tungsten joins forces with supply chain finance provider Orbian

Tungsten Network has extended the reach of its financing offer by partnering with supply chain finance provider Orbian.

/Transaction banking

Banks have begun to take FRTB more seriously

John Mason, Head of Regulatory and Market Structure Propositions, Thomson Reuters outlines the developments alongside the Fundamental Review of the Trading Book (FRTB) and how the market will respond.