Latest Transaction banking News: Finextra Research

Real-time success in Sweden

Carina Olsson, Director of Payments, Bankgirot, talks about the next generation of banking, what key opportunities real-time payments offer, why faster payments have been such a success in Sweden and what the next step is in this space.

18 January 2018

Company update/Transaction banking

Santander Corporate and Commercial appoints EQ Global to enhance SME payments

Santander Corporate and Commercial (Santander) has appointed EQ Global, the leading cross-border payments provider, to strengthen the bank’s international payments offering for UK-based SME clients.

18 January 2018

Company update/Transaction banking

Bank of Baroda implements iGTB supply chain finance platform

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena Limited, has implemented a comprehensive supply chain finance platform for Bank of Baroda, India’s International Bank.

17 January 2018

News/Transaction banking

Standard Chartered establishes fintech innovation and investment unit

Standard Chartered has created a new business unit, SC Ventures, to invest in promising fintech startups and accelerate innovation initiatives across the group.

17 January 2018

Company update/Transaction banking

Gemalto aims to speed up EMV migration in Ghana

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is providing its PURE white-label payment solution to GhIPSS (Ghana Interbank Payment and Settlement Systems), a subsidiary of Ghana's central bank that manages the country's interbank payment processing system.

16 January 2018

Company update/Transaction banking

Dion Global selects AWS for cloud hosting

Dion Global Solutions, a trusted technology partner to financial institutions across the globe, announced that it selected Amazon Web Services (AWS) as its public cloud provider.

16 January 2018

News/Transaction banking

Swift recruits CSDs for DLT post trade plans

Banking cooperative Swift has signed an MoU with seven central securities depositaries (CSDs) to explore how distributed ledger technology (DLT) can be used to improve post-trade processes such as corporate actions, proxy voting and trade processing.

16 January 2018

Company update/Transaction banking

CloudTrade and OpusCapita in e-invocing alliance

CloudTrade, the leading provider of cloud based e-invoicing services, was today named as one of OpusCapita’s worldwide e-invoicing partners and its proprietary, patent protected e-invoicing solution will be available to all OpusCapita purchase to pay and order to cash customers.

16 January 2018

Company update/Transaction banking

Broadridge hires new exec to lead its international efforts

Broadridge Financial Solutions today announced the creation of Broadridge International, appointing Tom Carey to head Broadridge’s International efforts, responsible for leading the company’s rapidly expanding efforts and presence in the EMEA and Asia Pacific regions across all business lines.

16 January 2018

Company update/Transaction banking

Vietnamese bank in alliance with JCB for card payments

Nam A Commercial Joint Stock Bank (Nam A Bank) and JCB International Co., Ltd. (JCBI) , the international operations subsidiary of JCB Co., Ltd. (JCB) signed a cooperation contract to license the issuance of JCB Cards and acquisition of JCB merchants in Vietnam.

16 January 2018

Company update/Transaction banking

INS Tokens listed on Binance crypto exchange

INS Ecosystem, the decentralized grocery marketplace, today announced that its token (INS) has been listed on Binance, the largest cryptocurrency exchange in the world by trading volume.

16 January 2018

Company update/Transaction banking

Moorwand and GPS partner to launch UpayCard in UK

International payments company Moorwand and leading global issuer processer GPS have joined forces to launch the UPayCard branded prepaid card solution to the UK market.

16 January 2018

News/Transaction banking

Russia bids for blockchain success with latest banking launch

The largest commercial bank in Russia, Alfa Bank, is developing a new digital cash service where all transactions will be transmitted and cleared via the blockchain.

15 January 2018

Company update/Transaction banking

Precise Biometrics addresses fingerprint recognition in smart cards

Precise Biometrics’ algorithm solution for fingerprint recognition in smart cards, Precise BioMatch Embedded, has through the cooperation with Fingerprint Cards been deployed in the first market trial of dual-interface biometric payment cards in the USA, which is carried out by Visa and Mountain America Credit Union.

15 January 2018

Company update/Transaction banking

Bank of Lithuania launches blockchain sandbox

Domestic and foreign companies will soon be able to develop and test Fintech blockchain solutions in the regulatory and technological sandbox platform-service LBChain, which is to be created by the Bank of Lithuania.

12 January 2018

News/Transaction banking

FinTech Scotland appoints new CEO

The industry body set up to promote the fintech sector in Scotland has named Stephen Ingledew as its first chief executive.

12 January 2018

Company update/Transaction banking

Danske Bank and TechStart NI launch open banking challenge

Entrepreneurs in Northern Ireland are being offered the opportunity to pitch for £60,000 of funding as part of a new competition launched today by Techstart NI and Danske Bank.

12 January 2018

Company update/Transaction banking

Kreditech selects Mambu's SaaS banking engine for its passage to India

Mambu today announced it has signed a deal with Kreditech, the leading technology group for digital consumer lending using machine-learning based underwriting, to support the online lender’s entry into the Indian market.

11 January 2018

Company update/Transaction banking

ACI Worldwide puts merchants payment service in the cloud

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that its UP Merchant Payments solution is available in the cloud.

11 January 2018

Company update/Transaction banking

Bacs publishes positive 2017 results

Figures released today show that 2017 was another record-breaking year for Bacs Payment Schemes Limited (Bacs), with over 6.34 billion payments, worth a total in excess of £4.9 Trillion, processed by the company behind Direct Debit in the UK.

11 January 2018