Latest Transaction banking News: Finextra Research

Icici and Axis become first Indian banks to join Swift global payments innovation initiative

Swift announces today that Icici Bank and Axis Bank are the first Indian banks to sign up for its global payments innovation initiative. Both banks will be joining forces with more than 70 other leading banks globally.

25 July 2016

Company update/Transaction banking

Citi bolsters its custody offering

Citi has further enhanced its Integrated Custody program with extended cut-off times for global custody accounts serviced from London, Luxembourg and New York.

25 July 2016

Company update/Transaction banking

Dun & Bradstreet launches cloud-based D&B Credit

Dun & Bradstreet has today launched D&B Credit™, the next generation risk management platform for trade credit in the UK and Ireland.

25 July 2016

News/Transaction banking

UK startups get Brexit boost while UK funds suffer

Venture capitalists have invested more than $200m in UK tech startups in the month following the controversial Brexit vote, allaying fears that London's growing tech sector would be one of the first casualties of the withdrawal from the European Union.

25 July 2016

Company update/Transaction banking

Burgan Bank goes live on ICS Banks

Burgan Bank, one of the leading banks in the Middle East, North Africa and Turkey (MENAT) region, has successfully gone live on ICS Banks, the awards winning universal banking software, from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.

25 July 2016

Company update/Transaction banking

CSI grows mobile banking business with new customers

Computer Services, Inc. (CSI), a provider of end-to-end financial technology solutions, has signed its 100th mobile banking customer within six months after launching a new mobile banking platform.

22 July 2016

Company update/Transaction banking

Satispay connects smartphones to cash registers

Satispay, a young Italian company that has radically redefined mobile payments, has reached a new milestone by allowing a direct and fast communication between the stores’ cash registers and the app on their customers’ smartphones.

22 July 2016

News/Transaction banking

MasterCard to apply for China payments licence - Reuters

MasterCard is considering an application to become a licenced payment services provider in China, according to Reuters.

22 July 2016

News/Transaction banking

Thailand considers fintech regulation

Thailand's central bank has called for more regulation of the country's growing fintech sector in order to prevent systemic risk and protect consumers.

22 July 2016

News/Transaction banking

Standard Chartered launches global video banking push

UK bank Standard Chartered is planning to roll out its video banking service to more than five million users across Asia, Africa and the Middle East.

21 July 2016

Company update/Transaction banking

SlimPay launches US operations to support US merchant growth in Europe

SlimPay, the recurring payments specialist that make payments simpler for customers and smarter for merchants, today announced the launch of its US operations based in San Francisco.

21 July 2016

Company update/Transaction banking

Misys opens new Texas office

Misys, the global financial software company, has opened a new office in Texas, as a result of its rapid growth.

20 July 2016

News/Transaction banking

Clydesdale Bank cuts IT contractor pay

Temporary IT workers at UK-based Clydesdale Bank have agreed to a 10% pay cut in order to hold on to their jobs, according to news site ContractorUK.

20 July 2016

News/Transaction banking

UK firm claims largest ever P2P loan

UK-based Nucleus Commercial Finance claims it has made the largest ever P2P loan to date following a £14.5 million financing facility offered to UK steel stockholder Industrial Metal Services (IMS).

20 July 2016

News/Transaction banking

Worldpay's payments glitch rumbles on

UK payment processing firm Worldpay is experiencing ongoing problems issuing payments despite promising to work with clients to resolve the software issue.

20 July 2016

Company update/Transaction banking

Deutsche Bank names 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.

19 July 2016

News/Transaction banking

Santander doubles down on fintech fund

Santander has doubled the size of its fintech investment fund, from $100 million to $200 million, in what the bank describes as a sign of commitment to its philosophy of collaborating with startups.

19 July 2016

Finextra TV/Transaction banking

PSD2 will make a treasurer’s life easier

Catherine Duchel, Product Manager, HSBC, summarises how PSD2 might impact corporates and European banking, and what treasurers could do to navigate this regulatory evolution.

18 July 2016