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Company update/Transaction banking
The quarter share that Hong Kong had in the international renminbi market has fallen to 17% over the past two years, according to Swift’s latest RMB Tracker.
30 March 2015
International Card Services (ICS), the largest credit card issuing business in the Benelux region with 3.5m customers, has adopted a new commercial credit card app from its processing partner Tieto.
News/Transaction banking
UK banks’ spending priorities for the next year are focused on improving IT infrastructure and cyber security, according to a report from the CBI and PwC, which also finds a focus on building new digital platforms to remain competitive and respond to changing customer needs.
More than 850 bankers and treasury professionals from across Europe are expected to descend on Amsterdam in May to hear senior executives from ING, ABN Amro, HSBC, RBS and Deutsche Bank speak at EBAday 2015, the continent's pre-eminent annual payments event.
Online banking fraud jumped 48% to £60.4 million in 2014, according to figures put together by Financial Fraud Action UK (FFA UK), which blames the rise on malware and confidence tricksters.
27 March 2015
SIA has launched the ‘Easy City’ electronic e-invoicing and digital payments platform in Italty targeting the public sector, consumers and business.
Challenger banks will feature heavily in the upcoming Swift Business Forum in London. Craig Donaldson, CEO at Metro Bank UK, is joined by keynote speaker Sir David Clementi, ex-deputy governor of the Bank of England and chairman of Virgin Money.
The Bank of England has been told it needs to improve contingency arrangements and strengthen its crisis management framework following an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last year.
25 March 2015
Finextra TV/Transaction banking
Fiona Hamilton, VP Europe and Asia, Volante, discusses the impact of the FIX messaging standard and its different flavours.
18 March 2015
Stig Korsgaard, engagement director, Nets, provides his vision on a real-time payments system in Europe and the significance of the real-time information highway.
16 March 2015
In our continuing series, in association with the Breaking Banks radio show, looking at accomplished and interesting women working and changing the FinTech sector, Liz Lumley sits down Templars PR CEO and founder of the Social Media Charter, Kitty Parry.
13 March 2015
Marc Braet, managing partner, Intix, explains the difficulties facing institutions working with different standards, the impact of increasing reporting and compliance pressures and the opportunity that exists in using analytics.
Arun Aggarwal, head of UK, Ireland and Nordics, Emea, Swift, explains why disruption is such an important topic within and outside the industry and how the Swift Business Forum remains fresh and relevant after five years.
11 March 2015
Alibaba has enlisted the help of two UK working capital startups to provide micro-financing to European firms wishing to buy from Chinese suppliers.
Broadridge Financial Solutions, Inc. (BR) has launched a transition service for financial institutions currently using SWIFT's Accord trade confirmation matching service, which SWIFT plans to retire in 2017.
Tungsten Corporation plc (TUNG.L), the global e-Invoicing, invoice financing and analytics company, today announced that it has received nationwide approval in India to electronically deliver invoices for services.
Benji Wakeham, CEO and founder of Pollen, explains why he believes mistrust has arisen towards banks, the banking rails that Pollen uses, their plans for developing markets and their stance on data.
09 March 2015
EBA Clearing has launched a task force to lay the groundwork for a Europe-wide instant payment processing service it hopes to have up and running by 2018.
The main theme for the Swift Regional Conference in Copenhagen this year is disruption. The programme will explore the different challenges arising from newcomers, technology and regulation. It will look at how the financial industry can cope and turn these challenges into opportunities.
05 March 2015
At least 67% of bank IT budgets are still being spent on maintenance and compliance rather than transformative projects that can create value, according to research conducted by Finextra on behalf of CSC.
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