Latest Transaction banking News: Finextra Research

Don't jump into innovation blindly

Chris Jackson, Head of Cash Management and Payment Sales, Mid Markets, Lloyds Banking Group, explains how with innovation it’s important not to jump on the bandwagon and to ensure you are engaged and curious. He outlines how banks should move in this direction, away from being utilitarian.

13 October 2015

Company update/Transaction banking

China CITIC and Deutsche Bank forge payment clearing partnership

Deutsche Bank and China CITIC Bank (‘CITIC’) today announced the signing of a Memorandum of Understanding on the expansion of their cooperation in payment clearing.

13 October 2015

Company update/Transaction banking

Ecobank Nigeria selects Deutsche Bank’s export credit guarantee programme

Deutsche Bank and Ecobank Nigeria LTD today announced the signing of a Memorandum of Understanding (‘MOU’) to expand their trade finance relationship.

13 October 2015

Company update/Transaction banking

SmartStream brings real-time visibility to the front office

SmartStream, the financial Transaction Lifecycle Management (TLM)specialist, today announced the launch of its new TLM Cash Management module for the front-office, which will provide a global real-time view of cash positions across all settlement channels by trading business line, portfolio, book and product.

13 October 2015

Company update/Transaction banking

Swift addresses data industry challenges with analytics tool

Swift announces the launch of Watch Banking Analytics Premium, a new analytics service that provides customers with a deeper analysis of their payments and letter of credits (LCs) data over Swift.

13 October 2015

Company update/Transaction banking

CGI targets transaction banking

CGI (TSX: GIB.A) (NYSE: GIB) today launched a set of offerings designed to help banks leaders navigate technology investments in the dynamic, highly competitive, but increasingly important field of transaction banking.

12 October 2015

Finextra TV/Transaction banking

Slow document processes hold back banks

Evgeny Likhoded, founder and CEO of Clause Match, discusses the technical difficulties banks have in working on collaborative documents, and how they can adapt to and manage regulatory changes.

12 October 2015

News/Transaction banking

Swift drives Charter for ISO20022 harmonisation

A group of financial market infrastructures have endorsed a Swift-driven Charter to jointly implement a global framework for ISO 20022 harmonisation across the industry.

12 October 2015

Company update/Transaction banking

D+H subsumes and rebrands Fundtech

DH Corporation (“D+H”) (TSX:DH), a leading provider of technology solutions to financial institutions globally, today announced that it has rebranded Fundtech as its new Global Transaction Banking Solution (GTBS) business.

12 October 2015

Company update/Transaction banking

Accuity and China Systems forge trade finance partnership

Accuity, the leading global provider of Payments, KYC, Risk and Compliance solutions has partnered with China Systems, the leading trade finance solutions vendor, integrating Accuity’s Compliance Link solution with China Systems’ Eximbills Trade Processing Platform to create a SWIFT certified Trade and Supply Chain Finance product providing seamless compliance checks for trade finance transactions.

12 October 2015

Company update/Transaction banking

China Merchants Bank signs global banking MoU with Deutsche Bank

China Merchants Bank (‘CMB’) and Deutsche Bank today announced the signing of a Memorandum of Understanding (‘MOU’) for a full range of global banking services, including cash management and trade finance.

12 October 2015

Company update/Transaction banking

Deutsche Bank signs cash clearing MoU with United Overseas Bank

Deutsche Bank and United Overseas Bank Ltd (‘UOB’) today announced the signing of a Memorandum of Understanding (‘MOU’) to expand their cash clearing relationship.

12 October 2015

News/Transaction banking

Global transaction banking set to be a key battleground in evolving landscape

Global transaction banking revenues are set to nearly double over the next ten years, reaching $2 trillion by 2024, according to a report by the Boston Consulting Group in conjunction with financial messaging network Swift.

09 October 2015

Finextra TV/Transaction banking

What do world class payments look like?

Maurice Cleaves, CEO, Payments UK, discusses the World Class Payments Report, the features and functionalities a world class payments system needs, and the industry’s efforts to tackle cybercrime.

09 October 2015

News/Transaction banking

Banks must embrace fintech-fuelled payments revolution - BNY Mellon

Banks must embrace fintech companies or risk being left behind as the payments landscape undergoes a radical technological overhaul, according to a new report from BNY Mellon.

09 October 2015

Company update/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.

08 October 2015

Company update/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.

08 October 2015

Finextra TV/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.

08 October 2015

Company update/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.

08 October 2015

Finextra TV/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.

07 October 2015