Latest Transaction banking News: Finextra Research

IBM reports successful blockchain-based trade shipment

Pacific International Lines (“PIL”) has used an electronic Bill of Lading (e-BL) built on the IBM (NYSE: IBM) Blockchain Platform in a successful real-time pilot tracking shipment of mandarin oranges from China for the Lunar New Year celebrations.

01 February 2019

Company update/Transaction banking

Commerzbank: Bank Payment Obligation can act as a gateway for further trade finance technologies

In the face of slow market adoption for the Bank Payment Obligation (BPO), which serves as a legally binding undertaking to execute payment for goods or services, Commerzbank has launched a new whitepaper, “Leading the path of digital evolution”, which explores how to boost BPO adoption among banks and – crucially – their corporate customers.

31 January 2019

Finextra TV/Transaction banking

Trust, Identity and Security around Open Banking

John Knuff, Vice President of Global Ecosystems, Equinix, speaks about trust, identity, and cross-border payments, and how open banking, PSD2 and fintech partnerships are changing the financial ecosystem.

30 January 2019

Finextra TV/Transaction banking

Testing in a customer experience context

George Stein, Business Development UK, XMLdation, speaks at NextGen Banking Nordics about trends in the payments and API space, whether testing is becoming more relevant and how this relates to the customer experience.

30 January 2019

News/Transaction banking

Ecosystem must evolve to make euro instant payments a success

Real-time euro payments are already here – but there’s wider work to do to serve corporate needs, says Thomas Egner, secretary general, Euro Banking Association.

30 January 2019

Company update/Transaction banking

TreasuryXpress and eBury forge partnership

TreasuryXpress, the global leader in on-demand treasury management solutions today announced its partnership with Ebury Partners, a leading FinTech and global finance specialist to empower mid-market treasuries with broader access to more cost-effective cross-border transaction banking services through intelligent end-to-end trading and treasury solution.

29 January 2019

Company update/startups

Minneapolis’ Apruve raises $6 million in funding

Apruve, a B2B credit automation platform, today announced that it closed on $6 million in its Series A financing led by Cloud Apps Capital Partners with participation from TTV Capital and Allegis Capital.

25 January 2019

Company update/Transaction banking

Bellin becomes early adopter of Swift gpi for Corporates

BELLIN, a global leader in providing web-based treasury software and services for multinational corporations, is once again working directly with SWIFT to develop a pioneering new service.

23 January 2019

Company update/payments

Swift reports double-digit growth in message volumes

SWIFT’s figures show an average of 31.31 million messages a day in 2018 as its annual traffic rose to an all-time high of over 7.8 billion.

23 January 2019

Finextra TV/Transaction banking

SFTR reporting for end users

Andrew Kouloumbrides, CEO, Xceptor and Val Wotton, Managing Director, Product Development & Strategy, Derivatives & Collateral Management, DTCC, talk about the challenges around Securities Financing Transaction Regulation (SFTR) reporting for end users and what firms can do in preparation for upcoming compliance obligations.

22 January 2019

News/payments

Barclays and Santander invest in MarketInvoice

Barclays and Santander InnoVentures have led a £26 million Series B funding round in online invoice financing platform MarketInvoice.

21 January 2019

News/Transaction banking

Swift introduces Pay Later API for instant loan financing

Interbank payment network Swift is pushing an API standard which will enable banks to provide instant loan approvals for customers at the point-of-sale.

16 January 2019

Finextra TV/Transaction banking

Gaining value added services from instant payments

Domenico Scaffidi, Business Development Director and Payments Pre-sales lead for Europe and Asia, Volante, speaks at NextGenBanking Nordics about what added value services financial institutions can gain from instant payments, what technological barriers there are to delivering new use cases for modernisation and where banks are today.

15 January 2019

News/Transaction banking

AccessPay banks $9 million in new funding as VCs hit the North

Manchester's bid to become a global tech-hub in the North of England has been boosted by the arrival of US-based venture capital firm Beringea and a $9 million investment in local corporate payments startup AccessPay.

14 January 2019

Finextra TV/Transaction banking

Interconnection and data at the edge

Eleni Coldrey, Business Development Director - EMEA lead for innovation in Financial Services, Equinix, talks about interconnection and data at the edge, what the biggest hurdles are around Open Banking and how interconnection is helping to support Open Banking.

14 January 2019

Company update/payments

CoCoNet appoints Oliver Olmesdahl as new CEO

Leading digital banking solutions provider CoCoNet has got off to a bright start this year after appointing Oliver Olmesdahl as its new CEO.

14 January 2019

News/Transaction banking

US shutdown impacts fintech market

The ongoing shutdown of the US government, sparked by a disagreement over funding for border security, is starting to impinge on the US fintech industry, according to reports.

11 January 2019

News/Transaction banking

Scotland's fintechs treble in number

The number of fintechs based in Scotland has increased threefold in the last 12 months following an initiative between government, academia and the finance industry designed to boost the sector.

11 January 2019

News/Transaction banking

Mastercard ditches name in logo rebrand

Mastercard has taken the bold step of removing its name from its logo in a move it says is inspired by the rise of digital banking and a future where there will be less reliance on card payments.

10 January 2019

Company update/Transaction banking

ObjectTech wins place on UK government cyber security initiative

It has been announced today that ObjectTech Group Ltd, the UK based technology company that is reimagining the way people can prove their identity, has been selected as one of eleven scaling companies to join the London Office for Rapid Cybersecurity Advancement (LORCA) a DCMS-backed centre opened last year dedicated to cyber innovation.

10 January 2019