Transaction banking

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/Transaction banking

Ace Software Solutions takes flight as Pelican

Pelican, a leading provider of solutions for the financial services sector, today announced the appointment of a new advisory board made up of senior leaders in payments and fintech.

/Transaction banking

Commerzbank processes first live BPO between Germany and China

Commerzbank has processed its first transaction settled by a Bank Payment Obligation (BPO) between Germany and China, covering the export of chemicals from China to Germany.

/Transaction banking

Misys joins forces with essDOCS on paperless trade initiative

Misys and essDOCS, the leading enabler of paperless trade, have joined forces to further eliminate the paper-based and manual processes that hamper international trade finance business.

/Transaction banking

CIBC moves to phase one deployment of Intellect Design payment hub

Intellect iGTB, the organisation behind the world’s first comprehensive global transaction banking solution announced that its client CIBC has implemented phase 1 of the bank's next generation payments infrastructure for business clients.

Digital consumerism drives change

/Transaction banking

Digital consumerism drives change

Penny Hembrow, Senior Vice President, Industries & Practices, Global Leader Financial Services, Global Marketing, CGI, talks about the CGI Global 1000 Voice of Our Clients Program, and what the findings show about how capital markets are changing, and how buy and sell-sides are responding.

/Transaction banking

Kyckr develops corporate identity blockchain

Kyckr is pleased to announce that it has completed phase one in the development of its corporate identity blockchain service.

/Transaction banking

EximBank deploys Allevo open-source FinTP to achieve Sepa compliance

As the SEPA scheme becomes applicable for non-Euro countries as well, EximBank, a Romanian state-owned bank dedicated to corporate financing, chooses to partner with Allevo in order to ensure the smooth alignment of bank operations to the Sepa standard.

/Transaction banking

Capital Small Finance Bank selects Intellect to power its digital transformation program

Intellect Design Arena Limited, the world's first full-spectrum banking and financial products company for the digital age, today announced that Capital Small Finance Bank Limited, India's first Small Finance Bank, has selected Intellect as its technology partner to drive its Digital Technology Transformation program.

/Transaction banking

BNY Mellon to roll out new payment capabilities

The transformation of BNY Mellon's payment infrastructure that began two years ago with upgrades to the company's global payment capabilities will continue this fall with the launch of several important new processing and reporting enhancements.

Barclays executes live Letter of Credit transaction using distributed ledger technology

/Transaction banking

Barclays executes live Letter of Credit transaction using distributed ledger technology

Barclays Bank and accelerator graduate Wave have executed a live Letter of Credit transaction between Ornua - the Irish Dairy Board - and Sychelles Trading Company on a distributed ledger based system.

/Transaction banking

Mambu to double staff numbers to aid growth plans

Mambu, the SaaS banking platform provider, today announced the company is on target to achieve significant growth in 2016.

/Transaction banking

Virtual currencies unlikely to crowd out fiat - Swift research

The Swift Institute has published a new research paper analysing whether Bitcoin will crowd out fiat currencies in the global community.

/Transaction banking

SmartStream’s TLM Corporate Actions accredited by Swift

SmartStream, the financial Transaction Lifecycle Management (TLM®) specialist, today announced that its TLM Corporate Actions solution has once again achieved SWIFT Certified Application status.

/Transaction banking

Santander appoints Michael Vallance as head of UK transaction banking and cash management

Santander Corporate & Commercial has appointed Michael Vallance as the new UK Transaction Banking & Cash Management Head.

/Transaction banking

iGTB appoints new head of pre-sales for APAC

Intellect iGTB, the organisation behind the world’s first comprehensive global transaction banking solution, has appointed Parag Ekbote to the role of Head of Pre-Sales, APAC.

/Transaction banking

Commerzbank and UniCredit complete first BPO live transaction in the UK

Commerzbank London and UniCredit have successfully processed the first UK Bank Payment Obligation (BPO) live transaction.

Banks need open source to stay bleeding edge

/Transaction banking

Banks need open source to stay bleeding edge

Jim Whitehurst, CEO, Red Hat, talks about how for banks open source has shifted from a viable alternative to a default choice, what banks can learn from other industries such as travel and betting about leveraging cloud to deliver richer customer experiences, and how major financial institutions are adopting containers.

Cultural change crucial in digital transformation

/Transaction banking

Cultural change crucial in digital transformation

Jim Whitehurst, CEO, Red Hat, discusses the role of digital transformation and organisational shifts in financial enterprises, and what innovative approaches are being taken right now.

/Transaction banking

ING introduces cross-border Virtual Cash Management

ING Wholesale Banking has announced the launch of ‘Virtual Cash Management‘ (VCM), a comprehensive digital cash management solution for corporates.

/Transaction banking

BACB selects Temenos Corporate Suite for IT replacement project

Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that BACB, the London based provider of trade finance and treasury services to Africa and the Middle East, has selected Temenos’ CorporateSuite, which includes Channels and Analytics for Corporates, to replace existing legacy systems.

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