Latest Transaction banking News: Finextra Research

South Africa's MoData moves auto-reconciliation to the cloud

MoData, one of Africa’s leading digital enablement and cost-optimisation companies, will be officially launching ‘auto-Reconciliations in the Cloud’ at the forthcoming Finance Indaba Africa in Sandton on the 16th and 17th of October.

14 October 2019

Company update/Transaction banking

Alfa Bank and Commerzbank pilot payments on Marco Polo trade finance ledger

Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via the Marco Polo international trade finance network.

11 October 2019

Finextra TV/Transaction banking

FinextraTV @ Sibos2019 – The Big Themes #2: Leveraging Data

FinextraTV reports from Sibos 2019 in London on how the industry is Leveraging Data. In this, second of three Sibos reports, we learn about how Banks are increasingly looking to develop a more formal strategy to better manage their data, the challenges leveraging data helps overcome and some of the new and improved services that are coming to market as a result. Barclays, LLoyds, BAML, Natwest, SEB, DBS Bank, Westpac, JPMorgan, Standard Chartered, Société Générale, Nordea, ING, Emirates NBD, and Absa are among the many leading institutions to share their views exclusively with Finextra Research. Become a Finextra member now and be sure not to miss: Sibos2019 Big Themes: Regulation…

11 October 2019

Company update/Transaction banking

DBS launches digital logistics package for SMEs

With e-commerce on the rise[1], DBS will launch a digital logistics solutions package for SME customers in the space.

11 October 2019

News/Transaction banking

Cloud tops the agenda for corporate treasury automation

Corporate treasurers view the advance of cloud computing as the most important technological development facing the industry over the next five years, followed by Big Data analytics and artificial intelligence.

11 October 2019

News/Transaction banking

Nordic banks agree funding for P27 cross-border payments platform

Six Nordic banks have agreed to fund the development of a cross-border real-time payments platform as part of the P27 collective.

10 October 2019

Finextra TV/Transaction banking

Industry drivers behind the free real-time instant payments service

Vinay Prabhakar, VP, Product Marketing, Volante Technologies, talks at Sibos 2019 about some of the latest developments around real-time and instant payments, whether banks are taking advantage of the opportunity they present and what Volante are doing in this area.

09 October 2019

Finextra TV/Transaction banking

Data convergence embraced for cost management and friction-free service

Richard Harris, SVP of International Operations, Feedzai, explains why data silos have become such a big area of discussion for banks, how banks can ensure cross-pollination across areas when tackling financial crime and how digital transformation is being used by banks to nurture their reputation.

07 October 2019

Company update/Transaction banking

National Bank of Canada goes live with Murex risk system

National Bank of Canada (NBC) has successfully implemented and is now live on Murex’s MX.3 Risk and Regulatory Suite.

07 October 2019

Company update/Transaction banking

NatWest trials UK's 'first' biometric credit card

The first biometric fingerprint credit card issued by a UK bank begins its three-month national trial today.

07 October 2019

News/Transaction banking

Kazakh fintech shelves London IPO

In a sign of growing uncertainty in sections of the global fintech market, a Kazakhstan-based payments startup has pulled its plan to float on the London Stock Exchange

07 October 2019

News/Transaction banking

New fintech envoy appointed for Northern Ireland

A top executive of a data analytics company has been hired as the UK government's new fintech envoy for Northern Ireland

07 October 2019

Company update/Transaction banking

UK fintech Tide raises £44m in funding

Tide, the leading digital business banking platform[1][1], has today announced it has raised £44.1 million (US$54.3 million) in a first-round of Series B funding.

07 October 2019

News/Transaction banking

Ten Thai banks to trial biometrics

Thailand's central bank is set to launch a test-use of biometric technology and has announced that ten institutions will participate.

07 October 2019

News/Transaction banking

HSBC to cut 10,000 jobs - FT

More than 10,000 jobs could be lost at HSBC as the global bank embarks on a cost-cutting exercise, according to a report in the Financial Times (FT).

07 October 2019

Company update/Transaction banking

Worldline celebrates sustainability ranking boost

Worldline, [Euronext: WLN] European leader in the payments and transactional services industry, announces that it has gained one place in the Sustainalytics ranking and became the 4th out of the 229 companies assessed in the Software and Services industry.

07 October 2019

Finextra TV/Sibos

Data as an asset class: Nordea values innovation to drive returns

Patrik Havander, Head of Commercial Excellence, Nordea, speaks with FinextraTV about how Nordea and the financial services industry are equipped to deal with the changing transaction banking landscape, the outlook for Nordea’s ROI, and the areas banks are looking to for rewarding long-term investments.

04 October 2019

Finextra TV/Sibos

How instant payments are revolutionising Cash Management

Christof Hoffman, Global Head of Payments & Collection Products, Deutsche Bank, speaks about the demand for instant payment schemes globally, how the industry has welcomed Open Banking and APIs and the significance of Swift gpi.

04 October 2019

Finextra TV/Sibos

Technology and global instability make fertile combination for Trade Finance

Daniel Schmand, Head of Trade Finance, Deutsche Bank, and Rebecca Harding, Independent Economist & CEO, Coriolis Technologies, discuss banks’ approach to leveraging the effects of digitalisation in structured finance for international trade, how bilateral trade can be supported by technology partnerships, the development of complex global supply chains through technology partnerships, and the role of cross-border trades in the future of trade finance.

03 October 2019

Finextra TV/Sibos

FinextraTV @ Sibos2019 – The Big Themes #1: The Impact of AI

FinextraTV reports from Sibos 2019 in London on Artificial Intelligence in Financial Services. In this, the first of three Sibos reports, we learn about AI: the areas it is having the greatest impact, the challenges and concerns that surround it, and how the industry will use the technology in coming years. ING, Deutsche Bank, Bank of America Merrill Lynch, Crown Agents Bank, Standard Bank, SEB, Nordea and BNP Paribas are among the many leading institutions to share their views exclusively with Finextra Research.

03 October 2019