Transaction banking

3358 articles tagged with this keyword

/payments

Tietoevry Banking joins Bian

Tietoevry Banking, a leading provider of modular software solutions for financial institutions, is joining the Banking Industry Architecture Network (BIAN).

/payments

The Clearing House to raise RTP network individual transaction limit to $10m

The Clearing House, the operator of the RTP® network, the largest instant payments system in the United States, will raise the individual transaction limit to $10 million. The increased limit supports growth on the network in areas including real estate, supply chain payments, and business-to-business transactions that require larger transaction amounts.

/crime

Pole Star Global integrates with Eastnets for vessel tracking to curtail maritime financial crime

This enhancement equips financial institutions with real-time vessel tracking and AI-driven monitoring, both crucial for addressing the escalating challenges of trade-based financial crime.

/wholesale

Standard Chartered and Ant International demonstrate intra-group blockchain-based SGD settlement

Standard Chartered and Ant International today announced the successful completion of SGD-denominated liquidity transfers between its entities using Ant International’s blockchain-based Whale platform.

/payments

NatWest contracts with Capco for smooth transition to ISO 20022

NatWest has partnered with Capco, the global management and technology consultancy, to ensure a smooth transition for its systems and clients as the financial industry moves to adopt ISO 20022 for payments and reporting.

/wholesale

OCBC and Ant International sign cross-border payments MoU

OCBC and Ant International have formed a strategic partnership to enhance the efficiency and speed of cross-border fund settlements.

/wholesale

Standard Chartered and Ant International use blockchain for settlement of treasury transactions

Standard Chartered has used Ant Internal's Whale blockchain platform to deliver settlement of HKD-denominated intra-group transactions between various ANT entitites.

/wholesale

BofA sees 51% increase in companies using APIs for real-time treasury needs

The demand for real time data and transaction processing is driving a record number of Bank of America business clients to adopt Application Programming Interfaces (APIs).

/Sibos

Chainlink Unveils New Privacy and Interoperability Solutions for Blockchain Adoption

At Sibos 2024, Sergey Nazarov, Co-Founder of Chainlink, highlighted the growing adoption of blockchain technology by asset managers, driven by efficiency gains in settlement, payments, and collateral management. Nazarov announced the launch of two key privacy-focused tools: the Blockchain Privacy Manager and CCIP Private Transactions, designed to ensure secure, private transactions across multiple blockchains. He also emphasised the importance of interoperability, introducing Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which aims to enable seamless asset and system integration in the evolving digital assets landscape.

/payments

AFP: Does the US need Faster Payments?

How much choice is too much choice? The second day of AFP in Nashville, Tennessee, saw BNY Mellon’s Sumner Francisco, Finzly’s Karuna Kathir, PTap Advisory’s Peter Tapling and Walmart’s Sarah Arnio, take to the stage to discuss the adoption and benefits of Faster Payments and the differences between rails such as instant payments, same-day ACH, and push-to-card transactions.

/wholesale

BNY and Mizuho forge trade finance pact

The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, and Mizuho Bank, Ltd. (“Mizuho Bank”), the banking arm of Mizuho Financial Group, Inc. (NYSE: MFG) and one of the largest full-service financial institutions in the world, jointly announced a landmark agreement for correspondent bank network connectivity for international trade.

/cloud

UAE’s National Bank of Fujairah (NBF) selects Intellect for wholesale banking on Microsoft Azure

Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena Ltd is proud to announce its partnership with National Bank of Fujairah (NBF), an award-winning UAE-based full-service corporate bank, to enhance its digital capabilities.

/Transaction banking

The Future of Payments 2025 – Digital, Instant, Profitable?

1016 downloads

/wholesale

Deutsche Bank goes live on new correspondent banking system, dbx

Deutsche Bank’s Institutional Cash and Trade announces the launch of dbX, paving the way for its next generation, fully integrated correspondent banking ecosystem.

/cloud

iGTB launches eMACH.ai Cloud for Wholesale Banking

Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, proudly announces the global launch of eMACH.ai Cloud for Wholesale Banking.

/cloud

ZTL launches in Sweden and Denmark

Every year entrepreneurs spend large sums of money on the banks handling their payments. Now a system is being launched that manages the transfers directly from the companies' business and payroll systems at as much as halved costs.

/payments

Wise launches invoicing tool for SMEs

Money transfer fintech Wise has debuted an online invoicing tool targetting small businesses (SMEs).

/wholesale

JPMorgan expands Morgan Money platform with new treasury and cash management capabilities

J.P. Morgan Asset Management today announced an enhancement to its Morgan Money platform, a short-term investment management solution with over $300 billion in assets under management (AUM), through a collaboration with Kyriba, a global leader in liquidity performance.

/ai

Lloyds to use AI to automate trade finance checks

Lloyds Bank is to use AI technology from Cleareye to eliminate the manual drudgery of paper processing and compliance checking for trade finance documentation.