Transaction banking

3336 articles tagged with this keyword

/Transaction banking

Embracing UK Real Time Faster Payments

In December the UK’s Faster Payments scheme will launch a new access model. With research showing a high level of interest in real-time payments among corporates, banks need to embrace the opportunities and revamp their tech or risk losing business, according to AccessPay.

/Transaction banking

Shinhan Bank certified by Swift for corporate servicing

Swift announces that Shinhan Bank has recently been awarded an advanced bank-readiness certification from Swift.

/Transaction banking

Japan Post Bank chooses Earthport payment network

Earthport (AIM: EPO), the leading payment network for cross border transactions, announces an agreement to enable cross-border services for Japan Post Bank, Japan’s largest retail bank in terms of deposits.

/Transaction banking

ISO revised standard for currency code published

Pounds or sterling, dollars or bucks? Our globalised world would feel a lot less global if it we didn't have agreed codes for money. ISO's newly revised standard for currency codes has just been published, ensuring it is fit for the challenges of a fast changing, ever diminishing world.

/Transaction banking

ANZ forms panel of tech experts to advise board

ANZ today announced the establishment of an international panel of technology experts to provide advice to the Board on the strategic application of new technologies and on emerging technology, digital and social media trends that affect the Bank’s business and strategic direction.

/Transaction banking

What do we mean by instant payments?

Petri Syvanne, VP, head of global payment services & infrastructure, Nordea talks about how the definition of instant payments should be tied to the user experience.

/Transaction banking

CIB goes live with Intellect Design Arena's custody services platform

Intellect Design Arena Limited, a specialist in applying true Digital Technologies across Banking & Insurance, today announced that Commercial International Bank (CIB) the largest private-sector bank in Egypt, has gone live with Intellect Custody Solution.

/Transaction banking

PowertoPay earns Swift corporate cash management label

PowertoPay has been awarded the 2015 SWIFT Corporate Cash Management Label for the second consecutive year. All validations to qualify the PowertoPay Corporate Payment Hub for the Corporates Cash Management label have been completed and proven to be successful.

/Transaction banking

Surecomp Imex wins Swift label

Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that IMEX, its high-volume back-office trade finance solution for banks, has been award the “SWIFT Certified Application – Trade Finance” label for a 17th consecutive year.

/Transaction banking

Bank of England plans new sterling money market data collection

The Bank of England has today published a consultation document setting out in detail plans first announced in March 2015 for a new sterling money market data collection. The consultation also sets out, at a high level, how the Bank plans to use these data to reform the Sterling Overnight Index Average (SONIA) benchmark interest rate.

/Transaction banking

Earthport opens Singapore base

Earthport, the largest open global bank payment network, has today announced Singapore as its new regional base in Asia. Building on its extensive and growing links, the new office will provide a physical base in Singapore as a FinTech hub for the region, supporting further expansion in emerging trading nations across South East Asia.

/Transaction banking

Addressing start-up competition

Likhit Wagle, Global Industry Leader, Banking & Financial Markets at IBM Global Business Services and Rob Hetherington, General Manager FS EMEA at SAP talk through the challenges facing financial institutions in adjusting their processes at speed to meet competition.

/Transaction banking

Visa and Orbitz for Business collaborate on travel expense management package

Visa Inc. (NYSE:V) today announced it is working with Orbitz for Business, the corporate travel brand of Orbitz Worldwide (OWW), to provide corporate clients with a turn-key, end-to-end travel and expense solution designed to make booking, reconciliation and reporting more efficient.

/Transaction banking

Icap folds MyTreasury into EBS BrokerTec

EBS BrokerTec, ICAP’s market-leading electronic foreign exchange and fixed income business, announces that, in line with its multi-product expansion strategy it has combined MyTreasury into its product portfolio.

/Transaction banking

Surecomp Doka 5 awarded Swift label

Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that DOKA 5, its configurable bank back-office solution for documentary trade finance, has been awarded the “SWIFT Certified Application – Trade Finance” label for a 15th consecutive year.

/Transaction banking

Core banking transformation

Mark Kaplan & Monika Wirth, Partners at Accenture look at the challenges around core banking transformation, the growing need for change and the complexities and investments necessary to bring banking services into the digital age.

/Transaction banking

Comdirect and Worldline extend credit card processing arrangement

Worldline, European market leader in payment and transactional services, will continue to manage comdirect’s credit card processing for a further seven years.

/Transaction banking

Financial institutions and the disruptors

Mike Laven, CEO of Currency Cloud talks of the relationship between start-ups and larger financial institutions and the positive collaborative efforts these two parties can enjoy for the benefit of customers.

/Transaction banking

ANZ makes new appointment in Global Transaction Banking unit

ANZ today announced the appointment of Francyn Stuckey as Global Head of Capabilities and Client Solutions in its transaction banking business, reporting to Managing Director Global Transaction Banking Carole Berndt.

/Transaction banking

Addressing the digital gap

Scott Bales, Managing Director of Innovation Labs Asia elaborates on the transition between the industrial era and the digital age, and how banks now need to prioritise collaboration with their customers, to identify their needs and develop relevant products for them.