Latest Transaction banking News: Finextra Research

iGTB releases new corporate banking platform

iGTB, the transaction banking and technology specialist from Intellect Design Arena Limited, has launched the era of “contextual” banking with the release of new corporate banking platform CBX 18.

17 October 2017

Company update/Transaction banking

Falcon Group cements Sydney presence with permanent base

Falcon Group, one of the world’s largest trade and corporate finance specialists, has today announced its move to a new permanent office in the heart of Sydney’s Central Business District (CBD) – reaffirming their commitment to specialist financing in the Australian and New Zealand region.

17 October 2017

News/Transaction banking

Sibos 2017: Swift CEO claims cyberthreats becoming 'manageable nuisance'

In recognition of two of the central threats facing his organisation - hackers and upstart rivals - Swift CEO Gottfried Leibbrandt used his opening remarks at this year's Sibos in Toronto to talk up his gpi and cybersecurity programmes.

16 October 2017

Company update/Transaction banking

Swift adopts Wolfsberg DDQ for KYC Reigstry

SWIFT is aligning its Know Your Customer (KYC) Registry with the new Wolfsberg Due Diligence Questionnaire (DDQ) for Correspondent Banks.

16 October 2017

Company update/Transaction banking

FIS and Citi bring real-time payments to the corporate treasury

FIS (NYSE: FIS), a global leader in financial services technology, and Citi Treasury and Trade Solutions announced today that they are collaborating to enable real-time payments and cash management for their corporate treasury customers.

16 October 2017

News/Transaction banking

JPMorgan bids to revolutionise interbank payments with Quorum

JPMorgan is to pilot the application of cross-border interbank payments over its enterprise-ready distributed ledger and smart contract platform Quorum.

16 October 2017

Company update/Transaction banking

Bangkok Bank signs deal with Intellect Design to implement its iGTB Digital Transaction Banking Plat

iGTB, the transaction banking and technology specialist from Intellect Design Arena Ltd, has been selected by Bangkok Bank, Thailand’s market leader in corporate and small and medium-sized enterprise (SME) banking, as a technology partner to implement a comprehensive cash management platform and corporate portal.

16 October 2017

Company update/Transaction banking

Deutsche Bank launches paperless import payments in India

Deutsche Bank today announced that it has launched the first paperless import payment solution in India with its TradePay system.

16 October 2017

Company update/Transaction banking

TreasuryXpress secures $5 million funding round

TreasuryXpress, the global leader in frictionless and on-demand treasury management solutions (TMS) today announced that it has closed a growth investment of $5 million from a consortium of investors including MEVP, iSME Capital, and Azure Fund.

16 October 2017

Company update/Transaction banking

Nedbank goes live with China Systems for trade finance portal

Nedbank is one of South Africa’s major banking groups, offering the full range of wholesale and retail banking services through a growing footprint across Africa.

16 October 2017

Company update/Transaction banking

Ebury goes for growth with new office openings

Ebury, one of the fastest growing fintechs for corporate global transaction services, today announced nine new office openings with Milan being the first office in Italy and new larger offices in Amsterdam, Malaga and Zurich.

16 October 2017

News/Transaction banking

Ripple looks to drive bank adoption with $300m XRP rebate programme

Ripple is hoping to tempt banks to jump onto its enterprise blockchain network by dangling a rebate, in the form of its XRP digital asset, to early commercial adopters.

13 October 2017

News/Transaction banking

Swift positive on blockchain, but big challenges remain

Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.

13 October 2017

Company update/Transaction banking

B2B commercial financing startup Compeon closes EUR12 million Series B investment round

COMPEON, German market leader among digital platforms for commercial financing, has received 12 million euro from its existing investors in a Series B financing.

12 October 2017

News/Transaction banking

Can regtech and CLM save the customer experience? - new Finextra report

Increased regulatory burden is hampering smooth and timely onboarding of customers, as banks struggle with technology implementation and budget parameters, according to financial industry professionals surveyed in a new paper by Finextra Research.

12 October 2017

Finextra TV/Transaction banking

Clients have to understand their customers beyond onboarding

Dominic Mac, Global Head of KYC Industry Solutions, Thomson Reuters, talks about how regulation enforcement, cost monitoring and 4AMLD have challenged the industry around KYC and COB, how the challenges have impacted client relationships and what FIs are doing to address them.

12 October 2017

Finextra TV/Transaction banking

The role of collateral management solutions in relation to T2S

Pablo Cavia, Director of Business Transformation, Axis Corporate, talks about the T2S project and how successful it has been in the 10 years since it started, what impact T2S has had on CSDs and how this will affect post trade securities in the future.

12 October 2017

News/Transaction banking

Ripple blockchain network hits 100-member mark

Credit Agricole and TransferGo are among the latest financial services firms to join Ripple's enterprise blockchain network, which now claims more than 100 users.

10 October 2017

Company update/Transaction banking

ACI Worldwide ships UP Real-Time Payments system

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today launched the UP Real-Time Payments Solution—the only global solution that allows financial institutions to address their Real Time Gross Settlement (RTGS), SWIFT messaging and real-time payments needs with a single, universal offering.

10 October 2017

Finextra TV/Transaction banking

Banks bringing the benefits of GPI

Wim Raymaekers, Head of Banking Market and SWIFT gpi, SWIFT, talks about global payments innovation as the new standard for handling cross-border payments, how banks are collaborating to make the most of this initiative by creating new business opportunities and what we can expect to hear from this year’s Sibos sessions on gpi.

09 October 2017