Latest Transaction banking News: Finextra Research

Finastra appoints new general manager for corporate banking

Finastra today announced that Torsten Pull has joined the company as General Manager for Corporate Banking.

02 October 2018

Digitalizing CLM for improved customer experience

Joe Dunphy, VP of Product Management, Fenergo, discusses what benefits digitalising the client lifecycle experience can bring financial institutions and their clients, how Fenergo’s CLM roadmap has evolved over the past two years to deliver greater transparency and control, and the importance of Fenergo’s global client community for driving industry best practice.

02 October 2018

News/Transaction banking

Swift releases payments analytics tool

Financial messaging network Swift is to give member banks deeper insights into their cross-border payment flows with the release of a 'Business Intelligence gpi Observer Analytics' tool.

02 October 2018

News/Transaction banking

Bank-backed blockchain consortia we.trade and Batavia join forces

The we.trade blockchain for trade finance initiative established by a coalition of nine banks is joining forces with three former Batavia consortium banks, extending the platform's reach to 13 European countries.

02 October 2018

Company update/Transaction banking

Italian bank blockchain project moves to second phase

The group of 14 Italian banks that began work on a blockchain has successfully passed the first phase of technical procedural verification.

01 October 2018

News/payments

Swift recruits Google engineer for new data analytics role

Swift has recruited a senior executive from Google for a newly-created data analytics position with a brief to extract the value of the banking co-operative's big data assets for the benefit of members and its own future product strategy.

28 September 2018

News/Transaction banking

Goldman invests in blockchain-based cross-border payments startup Veem

Blockchain-based cross border business payments startup Veem has raised $25 million in a strategic funding round led by Goldman Sachs and joined by Google Ventures.

27 September 2018

Finextra TV/Transaction banking

Client Lifecycle Management for the Buy-Side

Kevin O’Neill, Global Head of Buy-Side Division, Fenergo, talks about what the key challenges currently facing buy-side firms are, how a buy-side operation can become more operationally efficient and deliver a streamlined experience for the client, and how Fenergo’s solutions can improve this experience.

27 September 2018

News/Transaction banking

BNP Paribas enlists Cashforce to digitise cash flow forecasting

BNP Paribas is teaming up with fintech firm Cashforce to offer its corporate clients digital cash forecasting and treasury management technology. The French bank has also made an investment in Cashforce.

27 September 2018

Company update/Transaction banking

Flow Traders deploys Corvil Intelligence Hub

Corvil today announced that Flow Traders, a leading global technology-enabled liquidity provider specialized in Exchange Traded Products (ETPs), has deployed Corvil’s Intelligence Hub to streamline compliance with Order to Transaction Ratio (OTR) requirements.

26 September 2018

Company update/Transaction banking

Legal problems holding back blockchain-based trade finance: research

R3, Shearman & Sterling, and BAFT (Bankers Association for Finance and Trade), have released a technical paper, ‘Code Is Not Law: The Legal Background for Trade Finance Using Blockchain’, which examines the paths to securing legal recognition for “electronic negotiable instruments.”

26 September 2018

News/Transaction banking

Australian agency claims blockchain breakthrough

A federal science agency in Australia has claimed a world first after completing testing on a global blockchain network that is capable of processing 30,000 cross-border transactions per second.

26 September 2018

Finextra TV/Transaction banking

Juggling multiple APIs in open banking environments

Tristan Blampied, Senior Product Manager, Pelican, talks about the key challenges faced by players involved in open banking, how the lack of an API standard is preventing the industry from reaching a truly open and interoperable market, and what security risks need to be taken into consideration with open banking and the involvement of authorised third parties.

26 September 2018

Company update/Transaction banking

Bank Central Asia goes live on iGTB banking platform

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena Limited, the fastest growing Fintech product company with the CAGR of more than 21% for past three years, has seen its Digital Transaction Banking (DTB) platform go live at PT Bank Central Asia Tbk (BCA).

26 September 2018

News/Transaction banking

Danish watchdog could face EU inquiry over Danske Bank scandal

Denmark's Financial Services Authority (FSA) is bracing itself for a formal enquiry from the European Banking Authority over the money laundering scandal at Danske bank that was reported last week.

25 September 2018

Company update/Transaction banking

Bank Frick buys share in fintech 21.finance

21.finance AG, which is based in Liechtenstein, is to get a new shareholder.

25 September 2018

News/Transaction banking

Tesco Bank facing £30m fine over cyber breach

The UK's banking watchdog is threatening to charge Tesco Bank £30m for its failure to prevent a cyber attacks that affected thousands of customers in 2016.

25 September 2018

News/Transaction banking

JPMorgan blockchain project recruits 70+ banks

An interbank blockchain project led by JPMorgan designed to speed up the exceptions process has recruited more than 70 banks in a move that would make it one of the largest application of distributed ledger technology (DLT) by regulated banks.

25 September 2018

Company update/Transaction banking

Banco BPM licences Cristal for Instant Payments

Banco BPM has selected CRISTAL licensed software package from Worldline [Euronext: WLN], the European market leader in payment and transaction services, for the implementation of its Instant Payment platform.

24 September 2018

Company update/Transaction banking

FX fintech Centtrip adds offline features

Centtrip, a fintech company specialising in international payments, foreign exchange and expenditure, has released an offline feature for its award-winning app.

24 September 2018