Transaction banking

3373 articles tagged with this keyword

/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?

1050 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.

/people

The Bank of London appoints new CEO

The Bank of London today announced that Anthony Watson CBE, its founder, is stepping down from his role as Chief Executive Officer (CEO).

/wholesale

ABN Amro Clearing Bank opens IT hub in Romania

Levi9 Technology Services and ABN AMRO Clearing Bank proudly announce their new collaboration.

/startups

Transaction banking startup Transbnk raises $4 million

TransBnk, a Mumbai based Transaction Banking Platform, has successfully raised $4 million in Series A funding. The round was led by 8i Ventures, the early-stage India-focused VC fund known for its notable successes in the fintech space, including M2P, Slice, Easebuzz, among others.

/people

Standard Chartered shakes up transaction banking leadership team

Standard Chartered announced today, the appointment of Sofia Hammoucha as Global Head of Trade & Working Capital based in Singapore.

/wholesale

ABN Amro Bank goes live with CBA’s Ibas transaction due diligence software for trade finance

Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that ABN AMRO Bank has gone live using the comprehensive Transaction Due Diligence (TDD) functionality now available within CBA’s IBAS GBF - Global Banking Factory.