Latest Transaction banking News: Finextra Research

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

Finextra TV/Transaction banking

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