Latest Transaction banking News: Finextra Research

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

Company update/Transaction banking

Featurespace selected by everis for machine learning risk management

Featurespace, the leading machine learning Adaptive Behavioural Analytics fraud and risk management company, announced that everis, a multinational business consultancy serving clients in multiple sectors, has selected its ARIC™ platform to help banks combat payments and account fraud.

10 January 2019

News/Transaction banking

Standard Chartered appoints global digital head

British bank Standard Chartered (SC) has hired Martijn De Jong as the global head of its Digital Channels & Data division.

10 January 2019

Company update/Transaction banking

Glassbox contracted by four US banks for digital CRM

Glassbox today announced that its industry-leading web and mobile Digital Customer Management solution has been adopted by all four of the largest US banks, contributing to the company’s exponential business growth in 2018.

10 January 2019

News/Transaction banking

India central bank convenes digital payments panel

Reserve Bank of India (RBI) has recruited the Infosys chairman Nandan Nilekani to head up an advisory panel on the development of digital payments.

09 January 2019

Company update/Transaction banking

Payments firm Countingup debuts invoicing feature

As a number of old-school banks struggle to maintain their technology, leading UK “challenger” business banking provider Countingup becomes the first to offer invoicing, automated payment matching and expense tracking.

09 January 2019

Company update/Transaction banking

Cass Business School teams up with universities for startup lessons

Cass Business School, in partnership with the University of Oxford and Bocconi University, have this week launched Strategy Insight Lab, a three-month business support programme for UK based microbusinesses and start-ups.

09 January 2019

Company update/Transaction banking

Tyro intgrates Alipay with Sydney airport retailer

Australia’s business-only bank Tyro, announced its next Alipay integration with Sydney Airport tax and duty-free retailer Heinemann Australia, where the payment system is now live.

09 January 2019

Finextra TV/Transaction banking

Trends of the foreign exchange today

Angus Scott, Head of Product, CLS, speaks at Sibos about the major trends around foreign exchange settlement today, what initiatives CLS are taking to attract more users and volumes over the CLS Settlement service and how the increasing adoption of new technology is impacting the services CLS provides today.

08 January 2019

News/Transaction banking

TrueLayer celebrates Open Banking anniversary with API expansion to Germany

TrueLayer will now offer Deutsche Bank, Sparkassen, Commerzbank and other major German banks direct access to financial data following the first international move for the European API provider.

08 January 2019

News/Transaction banking

Google gets payments licence in Ireland

Ireland's central bank has granted authorisation for Google to operate as a payments institution, a move that could see the big tech giant significantly expand its financial services offerings across the European Union.

07 January 2019

Company update/Transaction banking

Ohpen hires new CEO

After being ten years at the helm of core banking provider Ohpen, founder Chris Zadeh (43) transfers the CEO position to Matthijs Aler (42) per January 1st 2019.

07 January 2019

News/Transaction banking

Lights, camera, action! Finextra TV highlights 2018

It’s been a busy year for the Finextra TV team, posting 251 video interviews with leading industry figures during the course of 2018. Here are the top five by viewing figures.

21 December 2018

News/Transaction banking

2018: The future of banking in the spotlight as digital trends take hold

As Finextra pulls the shutters down on 2018, we take a look back at our most popular news items and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2019.

21 December 2018

News/Transaction banking

Finextra Research roundup: AI and Digital ID to the fore

Some very interesting narratives have emerged over the course of 2018 through Finextra’s reports, most of which we expect to progress into increasingly diverse and innovative discussions during 2019.

21 December 2018

Company update/regulation

UBS fined $15 million for AML ovesight failings

FINRA announced today that it has fined UBS Financial Services Inc. (UBSFS) $4.5 million and UBS Securities LLC (UBSS) $500,000 for failing to establish and implement anti-money laundering (AML) programs reasonably designed to monitor certain high-risk transactions in customer accounts.

19 December 2018