Transaction banking

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Japanese bank consortium to build new payments network with SBI Ripple Asia

/Transaction banking

Japanese bank consortium to build new payments network with SBI Ripple Asia

A consortium of 15 Japanese banks are to work with blockchain joint venture SBI Ripple Asia, to build a new payments platform promising round-the-clock real-time settlement for cross-border and domestic funds transfers.

/Transaction banking

Gresham appoints Global Services lead as licence sales tick up

Gresham, a software and services company that specialises in providing real-time transaction control and enterprise data integrity software is pleased to announce the appointment of David Eagan as Global Director, Customer Success and Service Delivery.

The UK’s competitiveness needs successful regions

/Transaction banking

The UK’s competitiveness needs successful regions

Neil Rami, Chief Executive, Marketing Birmingham, speaks about the importance of a financial centre of excellence in the Midlands for the UK’s financial services industry and its economy.

Swift forms High Value Payments taskforce for ISO 20022

/Transaction banking

Swift forms High Value Payments taskforce for ISO 20022

Swift is to push the gospel of global interoperability for the ISO 20022 messaging standard to the very top of the payments food chain with the formation of a High Value Payment taskforce comprised of global banks and major market infrastructure providers.

/Transaction banking

Brazil’s Banco Original adopts Swift’s KYC registry

WIFT announces today that Brazil based Banco Original is now using The Know Your Customer (KYC) Registry, SWIFT’s centralised repository which maintains a standardised set of information about financial institutions required for KYC compliance.

/Transaction banking

IGTB appoints Mikael Estvall from Misys as Nordic and Baltics sales lead

Intellect GTB, the organisation behind the world’s first comprehensive global transaction banking solution, has appointed Mikael Estvall to the role of Senior Business Development Manager, Nordics & Baltics.

UOB trains bankers on alternative financing options for startups

/Transaction banking

UOB trains bankers on alternative financing options for startups

United Overseas Bank is training more than 100 commercial bankers on alternative financing as it deepens support for startups through its recent $10 million investment in equity crowdfunding platform OurCrowd.

/Transaction banking

Earthport releases trading update

Earthport (AIM: EPO.L), the leading payment network for cross-border payments, is pleased to provide an unaudited trading update for the fiscal year ended 30 June 2016 (“FY16”).

/Transaction banking

MIT opens office in Singapore

MIT (Micro Informatique & Technologies SA) has just officially completed the opening of an office in Singapore, which will act as MIT operational centre for the Asia Pacific region.

Wide pool of financial talent in the Midlands

/Transaction banking

Wide pool of financial talent in the Midlands

Daniel Joy, Country Manager, UK, Ikano Bank, speaks about Nottingham and the Midlands as financial centres of excellence, and what can be done to support their development.

Blockchain to become 'beating heart' of financial system

/Transaction banking

Blockchain to become 'beating heart' of financial system

Blockchain technology will fundamentally alter the way financial institutions do business, according to a report from the World Economic Forum.

/Transaction banking

ICBC signs for Swift’s Watch portfolio

Swift today announces that Industrial and Commercial Bank of China (ICBC) has implemented its entire SWIFT Watch portfolio of solutions to analyse the bank’s traffic across its network.

Bank consortia look to distributed ledgers and smart contracts to rewire trade finance

/Transaction banking

Bank consortia look to distributed ledgers and smart contracts to rewire trade finance

Bank of America Merrill Lynch, HSBC and the Infocomm Development Authority of Singapore have claimed success in demonstrating the application of distributed ledgers to replace paper-based Letters of Credit in trade finance transactions.

Banks must have a real presence in the UK regions

/Transaction banking

Banks must have a real presence in the UK regions

Paul Anderson, Managing Director, Birmingham, Deutsche Bank, discusses the role of the Midlands region as a financial centre of excellence, and how financial institutions can support the development of the Midlands Engine to attract investment.

/Transaction banking

Swift underscores information sharing in meeting the cyber challenge

Speaking at a major cyber security industry event, SWIFT’s Chief Information Security Officer (CISO) this week underlined the importance of SWIFT’s Customer Security Programme (CSP) in driving greater cyber threat information sharing.

Innotribe expands at Sibos as innovation chat moves centre stage

/Transaction banking

Innotribe expands at Sibos as innovation chat moves centre stage

Innotribe, the innovation arm of Swift, is expanding its capacity at the messaging co-operative's annual Sibos jamboree by 50%, but don't expect any chat about distributed ledger technologies, which has now been swallowed up by the mainstream event.

Bitcoin and blockchain pose little risk to payments giants - Credit Suisse

/Transaction banking

Bitcoin and blockchain pose little risk to payments giants - Credit Suisse

Visa, MasterCard, WorldPay and others in the payments sector can relax: Bitcoin will remain a niche player and blockchain technology poses little risk, according to a new report from Credit Suisse, which has less comforting news for Swift.

/Transaction banking

Earthport partners with Aftab Currency Exchange Limited

Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, is pleased to announce a new partnership with Aftab Currency Exchange Limited (ACEL), a leading global money transfer business.

/Transaction banking

Deutsche Bank selects Swift as preferred partner for intraday liquidity reporting

Swift Scope has been named by Deutsche Bank Global Transaction Banking (GTB), a global services provider to other financial institutions, as the preferred solution for intraday liquidity reporting requirements.

/Transaction banking

Colt and Koscom to provide ultra-low-latency connectivity between Korea and global markets

Colt and Koscom, the leading financial IT provider in Korea founded by Korea’s Ministry of Finance and the Korea Stock Exchange, has announced a joint agreement to form a global securities network partnership that will provide ultra-low-latency connectivity between capital markets participants in Korea and the world’s major stock and derivatives exchanges.

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