Latest Transaction banking News: Finextra Research

Markit, Genpact sign 600 firms for KYC portal: appoint CEO

Markit and Genpact say that they have signed over 600 buy side firms and corporations for their KYC data sharing portal and named former Goldman Sachs man John May as chief executive of the utility.

11 November 2014

News/Transaction banking

Deutsche Bank hires JP Rangaswami as chief data officer

Deutsche Bank has appointed JP Rangaswami as its first chief data officer, recruiting the former Dresdner Kleinwort Wasserstein CIO from Salesforce, where he has been 'chief scientist' since 2010.

10 November 2014

Finextra TV/Transaction banking

Conduct on the risk agenda

Michael Davison, Business Development Executive, Banking and Financial Markets, IBM, Dr. Nigel Guenole, Business Psychologist, Smarter Workforce Institute and Nick Trigg, Worldwide Specialist, IBM Risk Analytics discuss what banks need to know about conduct risk requirements.

05 November 2014

Company update/Transaction banking

Trade finance firm Ebury hits £2 million lending milestone

Ebury, the fast-growing fintech company that enables UK SMEs to trade and transact internationally, is pleased to announce a record number of transactions on the Ebury lending platform and the launch of a new partnership programme.

04 November 2014

Finextra TV/Transaction banking

Swift Corporates Forum 20/20

Marcus Treacher, Head of Innovation for Global Payments and Cash Management at HSBC and chairman of the Swift Corporates Forum, Sebastian Rojas, Cloud Market Manager, Swift and Jörgen Holmgren, Director Corporate Finance, Volvo discuss the corporate agenda and the use of cloud.

04 November 2014

Company update/Transaction banking

Inetco opens London tech city office

INETCO Systems Ltd., a leading provider of transaction monitoring and analytics solutions for the banking and payment processing industries, is opening an office in London’s Shoreditch—Tech City—area.

04 November 2014

Finextra TV/Transaction banking

Leveraging data to manage increasing regulation

William Higgins, Managing Director of Payments, RBS and Brian Caplen, Editor, The Banker discuss, from the findings of the World Payments Report by Capgemini and RBS, the impact of key regulatory and industry initiatives. They also detail what advantages standardisation brings to the industry.

04 November 2014

Company update/Transaction banking

Citi launches capital analytics service

With Citi Working Capital Analytics, organizations can benefit from real-time, in-depth analysis of their payables, creating differentiated value through payment efficiencies, cost savings and working capital optimization.

03 November 2014

Company update/Transaction banking

US Dataworks accepts bitcoin on receivables platform

Mainstream Businesses that Rely on US Dataworks for Receivables Processing Can Now Benefit by Accepting Bitcoin Payments without Changes to Their Existing Systems.

03 November 2014

Finextra TV/Transaction banking

The future of payments

David Yates, CEO of Vocalink looks at payments, the rise of startups, the future of ACHs and the promise of blockchain technology prior to Money 20/20 in Las Vegas.

02 November 2014

Company update/Transaction banking

Correspondent banking model unfit for low value payments - Earthport

In a survey carried out by Earthport at the recent flagship global banking conference, SIBOS, 51% of attendees surveyed said they believe that correspondent banking is unsuitable for making payments of less than $1,000, while 18% say they believe it is unsuitable for making payments of less than $200.

29 October 2014

Finextra TV/Transaction banking

Prospects for a common financial language

Alistair Milne, professor of financial economics at the University of Loughborough and Malcolm Chisholm president of AskGet.com Inc, discuss the findings of a research paper they wrote around the prospects of a common financial language.

27 October 2014

Company update/Transaction banking

UniCredit and Bank of Tokyo-Mitsubishi complete first Germany/Japan BPO deal

UniCredit Bank AG and Bank of Tokyo-Mitsubishi have processed the first BPO (Bank Payment Obligation) deal ever between Germany and Japan which is for a transaction between Töging (south of Munich) based RVT Rühr- und Verfahrenstechnik (RVT), a leading producer of industrial mixers, and Mitsui & Co. Plant Systems (MPS), a provider of plants, facilities and equipment to the infrastructure and basic industrial sector in Japan.

24 October 2014

Company update/Transaction banking

US Bank ships mobile app for corporate payments

U.S. Bank Corporate Travel and Purchasing card clients can now retrieve account information on the go with the new U.S. Bank Access® Online Mobile app.

23 October 2014

Company update/Transaction banking

Tungsten allies with TrustWeaver for secure e-invoicing

Tungsten Corporation plc (TUNG.L), the global electronic trading network, today announces that its electronic invoicing platform, Tungsten Network, is now working with TrustWeaver, a provider of digital signatures for electronic invoices and credit notes.

23 October 2014

Company update/Transaction banking

Tungsten enables e-invoicing in Qatar

Following a detailed review of Qatari commercial and tax law, Tungsten Network, the global e-Invoicing network built on OB10, now enables customers to send and receive electronic invoices that qualify as a legal invoice in Qatar.

22 October 2014

Finextra TV/Transaction banking

The retail-to-corporate innovation lag

Lars Millberg, head of transaction banking, SEB, discusses trends in pricing transaction data as well as the lag in innovation between retail and corporate banking.

20 October 2014

Finextra TV/Transaction banking

Sibos success in Boston

Marty Walsh, Mayor of Boston, talks about the important work done by this year's Sibos Wishing Well Charity, the Boys and Girls' Clubs of Boston.

17 October 2014

Finextra TV/Transaction banking

Artists for Humanity at Sibos

Sven Bossu, head of Sibos and Jason Talbot. co-founder at Artists for Humanity discuss The Banker's Briefcase art exhibit, created by students, for the Sibos art gallary.

17 October 2014

Company update/Transaction banking

Corporate treasurers unimpressed by banks' e-payment offerings

Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, and IDC Financial Insights, today announce the results of their ePayments Corporate Treasurers survey, which canvassed the opinions of 245 corporate treasurers within the FTSE 500.

16 October 2014