Latest Transaction banking News: Finextra Research

Standard Chartered joins SAP Ariba supply chain ecosystem

Standard Chartered Bank and SAP Ariba today announced a strategic collaboration to make the Bank’s financial supply chain solutions easily accessible to businesses in the Asia Pacific region through Ariba Network, the world’s largest digital business network connecting more than 4.2 million companies in 190 countries.

21 August 2019

Company update/cloud

Westpac debuts cloud-based procurement via Coupa

Westpac has delivered an Australian first in e-procurement, by partnering with Coupa (NASDAQ: COUP), a leader in Business Spend Management (BSM), to help businesses more efficiently manage their spending within a comprehensive cloud platform.

20 August 2019

Company update/Transaction banking

Marco Polo brings onboard first logisitics partner for pilot transaction

LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda.

14 August 2019

Company update/wholesale

Maven injects £2 million into fintech Delio

Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has invested £2 million in high-growth FinTech provider Delio Limited (“Delio”). The funding will support the business scale its international sales team across key global financial locations in Europe, Asia, the Middle East and North America.

13 August 2019

Company update/Transaction banking

Sberbank puts Letter of Credit business online

Sberbank has implemented a feature on remote banking services on letters of credit in Sberbank Business Online’s system.

12 August 2019

News/Transaction banking

ASB Bank takes stake in distributed ledger startup TradeWindow

New Zealand's ASB Bank has taken a stake in early-stage supply chain tech startup TradeWindow.

12 August 2019

Finextra TV/Transaction banking

Virtual Account Management: Taking the stress off banks

Petri Syvänne, Head of Global Sales, Payment Solutions at Tieto, speaks at EBADay about the changing payments landscape, the introduction of new products and services to corporates and how virtual accounts are helping the corporates.

12 August 2019

News/Transaction banking

SoftBank leads $200 million investment round in C2FO

Working capital marketplace C2FO has raised $200 million in a funding round led by SoftBank Vision Fund.

08 August 2019

News/Transaction banking

Commerzbank tests 'cash on ledger' for machine-to-machine payments

Commerzbank is testing a blockchain-based machine-to-machine payment system with Daimler Trucks.

08 August 2019

Company update/Transaction banking

Kantox and Silicon Valley Bank partner to provide FX hedging technology to UK corporates

Kantox, a leader in foreign exchange (FX) management solutions, has partnered with Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, to offer cutting-edge FX management software to SVB’s corporate clients across the United Kingdom.

07 August 2019

News/Transaction banking

Standard Chartered completes LoC blockchain transaction on Voltron

Standard Chartered has completes its first cross-border Letter of Credit blockchain transaction in the oil industry with PTT Group.

07 August 2019

Company update/Transaction banking

IIG Bank goes live with Temenos

Temenos (SIX: TEMN), the banking software company, today announced that specialist trade finance bank, IIG Bank (Malta) Ltd. has successfully gone live with Temenos Infinity, the ground breaking digital front office product, and Temenos T24 Transact, the next generation in core banking.

07 August 2019

Company update/Transaction banking

LiquidX adds DBS to platform; expands Singapore office

LiquidX, the global network for illiquid assets, is excited to welcome DBS Bank to its network.

06 August 2019

Finextra TV/Transaction banking

Global Transaction Banking: The art of the possible

Marc Recker, Global Head of Market Management – Cash Management, Deutsche Bank, speaks at EBAday 2019 about his involvement in a strategic round-table titled 'Global Transaction Banking: the art of the possible', giving his opinion on the development and key drivers of transactional banking, as well as the main challenges facing the industry.

05 August 2019

Company update/Transaction banking

Standard Chartered completes first transaction on blockchain platform with Linklogis

Standard Chartered and Linklogis have recently completed their first joint deep-tier supply chain financing transaction for Digital Guangdong and its upstream suppliers.

05 August 2019

Company update/Transaction banking

Moneycorp acquires the Rochford Group in Australia

Today, moneycorp announces it has acquired the Rochford Group, one of Australia’s largest independent treasury advisors.

02 August 2019

Finextra TV/Transaction banking

Intraday Liquidity Management: From a cost discussion to a revenue opportunity

Nadeem Shamim, Head of Cash & Liquidity Management, SmartStream Technologies, speaks about the significance of the launch of their latest whitepaper on Intraday Liquidity Management, the new business drivers changing this space, where banks stand, how SmartStream can help through real-time management and the outlook for the future of emerging technologies.

01 August 2019

Company update/Transaction banking

First ISO 20022 usage guidelines for cross-border payments released

The publication of first specifications marks an important milestone in the transformation of correspondent banking.

31 July 2019

Finextra TV/Transaction banking

Digital Transformation: CEO's top priorities today

Dr. Cliff Evans, EVP Lead Europe Digital Financial Services, Capgemini, speaks at SunTec’s Xelerate Digital Core launch event on why Digital Transformation is one of the top priorities on the CEO’s agenda today, the state of digital transformation in financial services and how SunTec’s ‘Hollowing the Core’ approach can help banks accelerate their Digital Transformation journey.

31 July 2019

Finextra TV/Transaction banking

An exclusive insight into EBAday 2019

Teresa Conors, Head of Market Managements, Payments at Natwest gives her synopsis of the energy, participation and content of EBA 2019 day 1, delving into her involvement on a panel discussing the importance of diversity within the industry, and her thoughts on technological change ahead of another panel discussion scheduled for day 2.

30 July 2019