Latest Transaction banking News: Finextra Research

Tech City UK trumpets role in HM Treasury's fintech measures

Following the UK Autumn Statement, Tech City UK says it will deliver two of HM Treasury’s newest fintech measures.

24 November 2016

National Bank of Malawi selects Swiss FinTech NetGuardians

Swiss FinTech leader NetGuardians has been selected by National Bank of Malawi to protect customers’ data and prevent fraud.

24 November 2016

Company update/Transaction banking

SIX and Confinale launch new tax service

SIX Securities Services, the business area responsible for post-trade services at SIX, has agreed an exclusive partnership with Confinale for tax reclaims. The first customer will be Raiffeisen Switzerland cooperative in St. Gallen. The Tax Reclaim Service is part of an entirely new type of overall solution for banks and investors provided by SIX Securities Services.

24 November 2016

News/Transaction banking

SOFE Berlin: Swift unveils blockchain proof-of-concept

Swift has taken the wraps off its first blockchain proof-of-concept and pledged to become more vocal and engaged with the community in driving the application of the technology at both an industry level and embedded within its own member-owned network.

24 November 2016

Finextra TV/Transaction banking

Designing for what comes after Alexa

Tom Poole, Managing VP, Mobile Commerce, Capital One, discusses the explosion of channels out to the customer, the need to think ahead about how to take services to where the customers are, and how the umbrella term of digital wallet will likely evolve to reflect the different approaches of banks, retailers and tech firms.

23 November 2016

Company update/Transaction banking

Clearstream, DekaBank simplify cross-border settlement

Clearstream, jointly with DekaBank, has developed a settlement solution that supports domestic settlement of DekaBank’s cleared trading activity on Euronext, tpREPO and BrokerTec across the markets of Belgium, France and the Netherlands.

23 November 2016

News/Transaction banking

SOFE Berlin: Cyber security and innovation take centre stage

Payments professionals from across Europe, Middle East and Africa have been gathering in Berlin for Swift's Operations Forum Europe conference to learn first hand how the interbank co-operative is dealing with ongoing security issues and new technology innovations in banking and finance.

23 November 2016

Company update/Transaction banking

Internet trust at all time low: not enough data protection

The Internet Society has released the findings of its 2016 Global Internet Report in which 40% of users admit they would not do business with a company which had suffered a data breach.

23 November 2016

Company update/Transaction banking

First pre-market enviroment for start-ups in Spain

BME and Spain's National Business Angels Association, Big Ban Angels, will create the first pre-market environment for start-ups in Spain, giving them access to new investors and an insight into the functioning of the stock market to boost access to private investment.

23 November 2016

Company update/Transaction banking

PayU appoints former PayPal senior director global CCO

PayU, the global online payment service provider, has named Matthias Setzer as its global Chief Commercial Officer.

23 November 2016

Company update/Transaction banking

Morgan Stanley latest to exit R3

Bank follows Goldman Sachs and Santander in leaving the blockchain consortium

23 November 2016

Finextra TV/Transaction banking

Fintech not about tech but beautiful experience

Braden More, Head of Payment Strategy at Wells Fargo, talks about the need for banks to lean into innovation, the rise of fintech in the deposit and investing products space, and why the time when fintech valuations cool and fintechs have to come back down to earth is the tipping point to make change happen.

22 November 2016

News/Transaction banking

R3 shakeout continues as Santander bows out

More departures expected as inevitable streamlining follows over-heating of blockchain consortia space.

22 November 2016

Finextra TV/Transaction banking

Next wave of robo will be active

Jonathan Charley, Deputy General Manager, FS EMEA, SAP, talks about the drivers for the rise of robo advisors, how these businesses are likely to evolve, and how traditional wealth providers should be responding.

22 November 2016

Company update/Transaction banking

Tieto launches OneCloud to manage multiple cloud services

New solution designed to address everyday challenge for many organisations of managing multiple cloud providers and ecosystems

22 November 2016

Company update/Transaction banking

Study uncovers innovation gap in Canadian financial services

Innovation may be a top priority for Canada’s financial services executives, but study shows a gap between the desire to innovate and the ability to execute

22 November 2016

Finextra TV/Transaction banking

Fintech solving fundamental problem

Vikas Raj, Managing Director, Venture Lab, Accion, discusses innovations in emerging markets around the use of alternative and new data for credit scoring, and explores the role of fintechs in solving the ‘information asymmetry’ problem that leaves some 3 billion individuals and small businesses around the world without the financial services they need, by giving incumbent banks the data and infrastructure to serve these segments better.

21 November 2016

Finextra TV/Transaction banking

Fintech influence on banks good for all of us

Steve Pierson, President of Lovell Minnick Partners, gives an investor’s view of fintech, talking about why advice, insurtech and outsourcing are hotter investment prospects than blockchain right now, the likely evolution of digital lending beyond consumer and how banks are set to learn from – and acquire – fintechs going forward.

21 November 2016

Company update/Transaction banking

Swift’s KYC Registry crosses 3,000-member milestone

More than 3,000 financial institutions have signed up to use The Know Your Customer (KYC) Registry, SWIFT’s centralised repository that maintains a standardised set of information about financial institutions required for KYC compliance.

21 November 2016

Finextra TV/Transaction banking

Building real-time business case for smaller banks

Leo Lipis, Managing Director of Lipis Advisors and Tom Hay, Head of Payments at Icon Solutions, discuss the findings of recent research into the challenges and opportunities for small and medium sized banks of connecting to instant payment systems, and explore options for smaller players to achieve their real-time goals via more cost-effective routes.

21 November 2016