Latest Transaction banking News: Finextra Research

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

Company update/Transaction banking

Advanon launches online factoring platform in Germany and partners with Wirecard

Wirecard is supporting Advanon’s entry into the German market.

31 January 2018

Finextra TV/Transaction banking

Navigating customers and staying competitive

Saskia Devolder, Head of Western and Central Europe, SWIFT, talks about the challenges banks are facing in the payments arena, how they should cater to the needs of their clients and how service providers are navigating their customers around instant payments, GPI and AI.

31 January 2018

Company update/Transaction banking

Kabbage extends credit line size to $250,000

Kabbage, Inc., a global financial services, technology and data platform serving small businesses, now offers lines of credit of up to $250,000.

30 January 2018

Company update/Transaction banking

BlueVine doubles invoice financing credit lines to up to $5 million

BlueVine has doubled the credit line size for its invoice factoring product to up to $5 million, underscoring the online business lender’s push to offer fast and flexible working capital financing to small and medium-sized businesses.

30 January 2018

Company update/Transaction banking

BNI Europa to fund German SME loans via Funding Circle

The Portuguese online bank Banco BNI Europa and Funding Circle have entered into a strategic partnership to support the growth of small and medium-sized businesses in Germany.

30 January 2018

News/Transaction banking

Finastra acquires eFX trading supplier Olfa Soft

Finastra has acquired Geneva-based eFX supplier Olfa Soft to capitalise on an ongoing shift to automated machine-to-machine electronic trading in currency markets.

30 January 2018

Company update/Transaction banking

Growth in payments drives Swift annual traffic to exceed 7 billion message mark

SWIFT’s FIN traffic rose to an all-time high of 7.1 billion messages in 2017, fuelled by double-digit growth in global payments.

29 January 2018

Company update/Transaction banking

Investly heads to Seedrs for £500K funding

European fintech Investly launched their fundraising campaign today on Seedrs, Europe’s most active investor into private companies.

29 January 2018

Company update/Transaction banking

89% of Swift member banks meet security deadline

Following the introduction of SWIFT’s Customer Security Controls Framework in April 2017, we are pleased to report that 89% of all SWIFT customers attested their level of compliance with the mandatory security controls by the 31 December 2017 deadline.

26 January 2018

Company update/Transaction banking

DNB signs with Kyriba for corporate data management

Kyriba, the #1 global provider of cloud treasury and financial management solutions, today announced a strategic channel sales partnership with DNB, Norway's largest financial services group, that will enhance future banking and financial transaction needs for DNB’s more than 220,000 corporate clients.

25 January 2018

Company update/Transaction banking

Tradeshift launches innovation lab and incubator

Tradeshift, the world’s largest business commerce platform, today announced the official launch of Tradeshift Frontiers.

25 January 2018

Finextra TV/Transaction banking

Partnerships key to open platform access

Nick Sylvester, Global Partner Director, Thomson Reuters, talks about the importance of partnerships, what the critical areas of partnerships will be for the coming year and why open platforms and collaboration with partners benefit clients.

24 January 2018

Company update/Transaction banking

Bank of America debuts enhanced virtual payables for corporate clients

Bank of America Merrill Lynch (BofA Merrill) has launched an enhanced virtual card capability that uses application programming interface (API) to enable commercial purchasing clients to connect directly to the bank’s virtual card system.

24 January 2018

Company update/Transaction banking

Nucleus Software reports double-digit revenue growth in Q3

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, announced its financial results for the quarter and nine months ended 31st December, 2017.

24 January 2018

Finextra TV/Transaction banking

Building a culture of compliance

Abhishek Shukla, Global Head of Compliance Learning, Thomson Reuters, talks about the importance of ‘building a culture of compliance’ and the efforts organisations are taking to promote this within their businesses. Abhishek discusses how organizations are being challenged to comply with growing regulatory demands and what new technology solutions compliance teams are incorporating into their programmes to meet these demands.

23 January 2018

News/Transaction banking

ING, SocGen and ABN Amro run agricultural commodity trade on shared ledger

Having successfully tested the use of blockchain technology in oil trading last year, ABN Amro, ING and SocGen have completed a first agricultural commodity trade using their Easy Trading Connect prototype.

22 January 2018

Finextra TV/Transaction banking

Building the real-time rails

Paul Thomalla, SVP Global Corporate Relations & Development, ACI Worldwide, talks about real-time payments and the differences between Europe and the US, how real-time is likely to affect both businesses and consumers, and how schemes are likely to develop in the future.

19 January 2018

Finextra TV/Transaction banking

Banks embracing the regulatory challenge

Banks embracing the regulatory challenge Ian Clark, Sr Director, EMEA API Management Solutions Sales, CA Technologies, talks about the findings from CA Technologies and Finextra’s research paper on PSD2, whether banks can expect a different regulatory landscape in the year to come and what new products and services we can expect to see from banks in the open banking environment.

19 January 2018