Transaction banking

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/Transaction banking

BNY Mellon provides trade processing for KeyBank

BNY Mellon, a global leader in investment management and investment services, and KeyBank (KEY), today announced that BNY Mellon's Treasury Services business will provide private label trade processing services to KeyBank's Global Trade Group.

/Transaction banking

India's IDFC expands relationship with Misys into trade finance arena

Misys, the leading financial software company, has today announced that IDFC Bank, India has selected Misys FusionBanking Trade Services and Misys FusionCapital Kondor to underpin its trade finance and treasury services channels and operations.

Competition increases specialisation

/Transaction banking

Competition increases specialisation

Penny Hembrow, Global Lead, Financial Services at CGI, outlines some of the major trends in banking, such as the complexity and competition for corporate and transaction banks to operate across multiple jurisdictions and how digitalisation continues to impact the banks.

/Transaction banking

Deutsche Bank becomes direct participant in China’s newly launched CIPS

Deutsche Bank today announced that it has been selected as a direct participating bank in China’s newly launched Cross-Border Interbank Payment System (‘CIPS’), as part of the first batch of approved participants.

Opportunity for banks to link delivery vs payment

/Transaction banking

Opportunity for banks to link delivery vs payment

Jerry Norton, Vice President, UK Banking, CGI, discusses the potential impact on banks of the movement towards real-time payments but also on the consumer and how digital currencies will influence payment market infrastructures.

/Transaction banking

Atradius chooses Bolero for surety bonds branch

Atradius, a global leader in trade credit insurance, surety bonds and collections services worldwide, has chosen the financial solution provided by Bolero to efficiently process corporate transactions for customers in its surety bonds branch.

Santander InnoVentures joins Ripple funding round

/Transaction banking

Santander InnoVentures joins Ripple funding round

Digital currency network Ripple has topped up its $28 million Series A funding round with an additional $4 million investment from Santander InnoVentures.

/Transaction banking

TAS Group Cashless 3.0 gets Oracle thumbs up

TAS Group today announced that Cashless 3.0 has achieved Oracle Exadata Ready, Oracle Exalogic Ready, Oracle Database Appliance Ready and Oracle Big Data Appliance Ready status through Oracle PartnerNetwork (OPN).

/Transaction banking

Gresham appoints Damian Canning sales director, North America

Gresham Computing plc, a leading provider of real-time financial transaction control and enterprise data integrity solutions, today announced the appointment of Damian Canning as Sales Director for North America.

/Transaction banking

Cloud Lending Solutions raises $8 million funding round

Cloud Lending Solutions began with a simple discovery. Legacy financial technology is not suitable for next-generation lending businesses, which are data-driven and demand simplicity, reduced friction, and transparency.

/Transaction banking

Nedbank to accelerate ISO20022 adoption with Bytes and Volante

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, data and payments, together with its South African partner Bytes Universal Systems, have been selected by Nedbank to facilitate the transformation of its financial payments message service layer across multiple Nedbank entities.

/Transaction banking

UK Asset Resolution moves to SunGard Ambit

UK Asset Resolution Limited (UKAR), the holding company established to combine the government-owned businesses of Bradford & Bingley plc (B&B) and NRAM plc, has replaced its treasury and risk platform with SunGard’s Ambit Treasury Management solution.

Building a vision through service design

/Transaction banking

Building a vision through service design

Matt Farrar, VP Service Design at EPAM Systems, explains how private banks can make use of service design to ensure their wealth management offerings remain relevant, achieving empathy with their customers today and understanding how they will evolve as investors over time.

/Transaction banking

Saxo Payments teams up with Oracle

Growing security concerns, more stringent regulatory requirements and the costs and time required for each financial transaction are driving significant changes to the global payments space.

/Transaction banking

Tradeshift goes end-to-end for e-procurement

Tradeshift, the leading global supplier collaboration platform, today announced Tradeshift Buy, a new corporate buying experience, to deliver a radically easy way for suppliers to add and manage their catalogs, for employees to easily buy what they need while following procurement policies, and for procurement to add strategic value to the organisation.

/Transaction banking

Earthport losses widen on exceptional costs as revenue grows

Earthport (AIM: EPO.L), the global payments company, is pleased to announce its final results for the year ended 30 June 2015.

/Transaction banking

KeyBank invests in AvidXchange for payment automation

KeyBank (KEY) today announced a strategic partnership and minority investment in AvidXchange, a world class leader in accounts payable automation solutions.

/Transaction banking

BAML releases CashPro Invest to European clients

CashPro Invest, an online liquidity management and investment order entry tool, is now available for use by Bank of America Merrill Lynch clients in Europe.

/Transaction banking

Reval rolls out modules for banks to support corporate treasury services

Large and medium-size banks will be able to offer rich corporate banking services cost-effectively through their web-based portals, using Reval Inside, a new offering from Reval, the leading global provider of a scalable cloud platform for corporate treasury and risk management (TRM).

Barclays retools business banking for the digital age

/Transaction banking

Barclays retools business banking for the digital age

The UK's Barclays Bank has released a purpose-built online banking hub that provides corporate customers with a single gateway to all of the bank's business services.

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