Latest Transaction banking News: Finextra Research

Earthport looks to DLT as first half losses double

Cross-border payments network Earthport is betting on a market upturn driven by distributed ledger technology after reporting a doubling of losses for the six month period ended 31 December 2017.

15 February 2018

Company update/Transaction banking

Deutsche Bank publication provides guide to past, present and future of payables finance

Deutsche Bank has released a comprehensive new publication, “Payables Finance: A guide to working capital optimisation”, which provides a practical guide to the past, present and future of payables finance – all based on actual transactions and programmes.

14 February 2018

Company update/Transaction banking

SGBL goes digital with Backbase

Société Générale de Banque au Liban (SGBL), one of the leading banks in Lebanon and the Levant, has partnered with Backbase to deliver an entirely new experience to its customers.

14 February 2018

Company update/Transaction banking

IHS Markit adds financial crime screening to due diligence suite

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that KY3P®, its vendor risk management service, added financial crimes screening to its comprehensive due diligence tools

13 February 2018

Finextra TV/Transaction banking

Taking a platform approach to connected risk and all risk data

Gareth Evans, Managing Director, Enterprise Risk Management, Thomson Reuters, talks about the challenges financial institutions are facing around risk data, how using a risk ‘platform’ allows for an aggregation of risk across all divisions and what part AI plays in harnessing risk.

13 February 2018

Company update/Transaction banking

Singapore's FinLab opens accelerator programme for SMEs

The FinLab, a joint venture between United Overseas Bank Limited (UOB) and SGInnovate1, today announced the launch of the third cycle of its acceleration programme.

13 February 2018

Company update/Transaction banking

CGI partners with Cash Netting Services to reduce $10 trillion per day payment flows

CGI (NYSE: GIB) (TSX: GIB.A) is pleased to announce its new collaboration with Cash Netting Services (CNS), to deliver a solution to help banks significantly reduce daily interbank payment flows and associated liquidity and capital management obligations.

13 February 2018

Company update/Transaction banking

Blanc Labs partners with R3

R3 and Blanc Labs are partnering to bring innovative FinTech solutions to life using blockchain technology. R3’s Corda platform is a leading blockchain platform for businesses and Blanc Labs’ team of experts will work with each client to help build smart strategies around effective use-cases and implementation.

09 February 2018

Company update/Transaction banking

iGTB teams with Pivotal to bring contextual corporate banking to the cloud

iGTB to offer its new AI-based and API based CBX 18 digital transaction banking platform to Pivotal Cloud Foundry to improve services for corporate banking clients London (UK) & San Francisco (US), February 09, 2018.

09 February 2018

Finextra TV/Transaction banking

Accelerating experimentation and innovation via the cloud

Marion Leslie, Managing Director, Enterprise, Thomson Reuters, talks about the value of cloud, what it does and what it makes possible that wasn’t before, the trends forming in the financial sector in this space and the challenges organisations are facing in adopting cloud technology.

09 February 2018

Company update/Transaction banking

Tsys scores virtual payments deal with Chase

TSYS (NYSE: TSS) announced today that J.P. Morgan will offer TSYS’ Virtual Payment PreceptSM (VPP), a strategic commercial card payables solution to corporations.

08 February 2018

Company update/Transaction banking

MarketInvoice partners with Euler Hermes

Business finance company MarketInvoice has established a partnership with Euler Hermes, the global leader in trade-credit insurance, which will provide credit insurance policies to customers of MarketInvoice in safeguarding their businesses.

08 February 2018

Company update/Transaction banking

Cashforce seals EUR2 million Series A funding for international roll out

Cashforce, a fintech leader in Cash forecasting & Treasury solutions for corporates, announced today that it has closed € 2 million in Series A financing.

08 February 2018

Company update/Transaction banking

Esme Loans joins NatWest's alternative finance panel

Esme Loans, the digital lending platform that allows small and medium sized businesses to quickly obtain unsecured loans of up to £150,000, will join a select group of leading alternative finance firms on NatWest’s Capital Connections panel.

07 February 2018

Company update/Transaction banking

Amazon Business launches in France

Amazon today announced the launch of Amazon Business on amazon.fr, meaning that it is now available on three Amazon marketplaces across Europe.

07 February 2018

News/Transaction banking

ION swallows up Openlink Financial

ION Investment group is to acquire Openlink Financial, continuing a treasury management investment buying spree which has seen it swallow up IT2, Financial Software Systems and Wall Street Systems.

05 February 2018

Company update/Transaction banking

Equifax opens commercial credit data sharing utility

Equifax, the consumer and business insights expert, has launched a new solution to support the government Commercial Credit Data Sharing (CCDS) initiative seeking to stimulate competition and encourage new entrants in SME lending, thereby addressing the shortfall in access to finance.

05 February 2018

News/Transaction banking

BofA Merrill Lynch rolls out B2C e-mail payments with PayPal

Bank of America Merrill Lynch has partnered with PayPal to enable business clients to make cross-border payments in local currencies with just an e-mail identifier.

01 February 2018

Company update/Transaction banking

Trustweaver readies for Italian switch to e-invoicing

Italy has announced that it will soon stop considering business-to-business invoices and consumer bills on paper as valid for Value-Added-Tax (VAT) purposes.

01 February 2018

Finextra TV/Transaction banking

Blockchain: beyond Bitcoin

Nicolò Romani, Head of Innovation SIA, talks about the extraordinary variety of business applications a permissioned blockchain infrastructure could lend itself to, the impact it will have in the financial sector and whether it represents a revolution at global level.

31 January 2018