Transaction banking

3336 articles tagged with this keyword

/Transaction banking

Ebury FX services embedded in Cobase multi-banking platform

Leading European fintechs Cobase and Ebury today announce a partnership which opens up Ebury’s FX services to the Cobase multi-banking platform.

/payments

EBAday 2020: ISO 20022 catalyst for banks to harness connected data

The ISO standards roll-out and open banking will galvanise banks’ efforts to compete with data-driven big techs, despite “vagueness” about how best this might be accomplished.

/wholesale

EBAday 2020: Cash visibility still an issue for corporate treasurers in 2020

Today, non-bank entrants such as PSPs and TPPs are entering the payments space to tap in to the lucrative and stable business that is transaction banking. To remain competitive and avoid disintermediation, financial institutions must support legacy core banking infrastructure and a resource-intensive, scalable delivery model – success is tied to relevancy in the corporate market and ensuring clients’ problems are resolved.

/Transaction banking

Emirates NBD unveils next-generation global corporate banking platform, ‘businessONLINE’

Emirates NBD, a leading bank in the Middle East, North Africa and Turkey (MENAT) region and a front-runner in digital banking solutions, has unveiled its next-generation global corporate banking platform, ‘businessONLINE’.

/retail

EBAday 2020: Are banks failing customers?

The question of whether banks are failing to provide the services customers expect was the subject of a heated panel debate during a lunchtime roundtable on Day Two of EBAday.

/security

Deutsche Bank rolls out digital signatures for Daimler in Asean

Deutsche Bank today announced that it is implementing an electronic banking signature solution together with Daimler Treasury in Singapore with potential application in further markets in Asia for the company's treasury functions.

/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

/Transaction banking

Barclays announces new trade finance platform for corporate clients

Barclays Corporate Banking has today announced that it is working with CGI to implement the CGI Trade360 platform.

/Transaction banking

DBS is first bank to partner JD Logistics on digital platform to finance SMEs

DBS today announced it is the first bank to partner with JD Logistics (JDL)[1], the supply chain and logistics business group of JD.com, to provide supply chain financing to Hong Kong-based small and medium-sized enterprises (SMEs) in the fast growing cross-border e-commerce import business.

/Transaction banking

The Future of Payments 2020

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/payments

Can RtP offer the agile approach needed in the post-Coronavirus recovery?

As the world recovers from the Coronavirus pandemic, it is assumed that financial institutions and other businesses will need to adopt new ways of working to navigate what is said to be one of the worst economic downturn in recent years.

/wholesale

Credit Suisse applies Open Banking APIs to interbank transactions

Credit Suisse has introduced two new Open Banking interfaces designed to provide financial counterparties with access to real-time data on the status of their securities and foreign exchange transactions.

/payments

EBAday 2020: Correspondent banking is faced with a paradox

Correspondent banking is faced with a paradox: while connections are declining, volumes are growing. Banks must adapt to meet future client demands and deal with the massive changes on the horizon.

/payments

Gresham Technologies welcomes Data-Xchange to partner ecosystem, extending presence in SSA region

Leading global fintech Gresham Technologies Plc (Gresham) has announced that consultancy firm Data-Xchange Technologies (Pty) Ltd (Data-Xchange) will become a full distribution partner for Gresham in Sub-Saharan Africa (SSA), as the region looks to move away from legacy technology systems towards sustainable automation in this digital era.

/startups

Stanhope Financial raises $3.5m to provide SMEs with transaction banking services

Stanhope Financial, provider of a treasury management and investment platform for SMEs, has raised $3.5 million in its first funding round.

/Transaction banking

Intersa Sanpaolo signs supply chain finance MoU with Kyriba

Intesa Sanpaolo has signed a memorandum of understanding with Kyriba, a global fintech leader in supply chain finance solutions, to create and make available an innovative Dynamic Discounting service for global businesses.

/Transaction banking

UnionBank becomes the first bank from the Philippines to join BIAN

Union Bank of the Philippines (UnionBank) is now a member of global banking standard organization, Banking Industry Architecture Network (BIAN).

/Transaction banking

Envoy adds Bolero's electronic bill of lading to tech stack

Envoy has partnered with leading trade digitalisation technology provider Bolero International to use Bolero’s electronic bill of lading (eBL) as-a-service in its highly-advanced digital trade platform built on R3’s Corda.