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/Transaction banking

Mazars picks SugarCRM for business transformation project

Mazars, a professional services firm specialising in audit, advisory, accounting and tax services, has recovered 2,000 hours annually by eliminating repetitive data entry.

Experimentation and failure key for innovation

/Transaction banking

Experimentation and failure key for innovation

Nektarios Liolios, Co-Founder & CEO of Startupbootcamp, and Anton Tomic Global Head of Financial Services Business Development, SAP, talk at the SAP Financial Services Forum about innovation and how it requires both an acceleration in engagement and investment, as well as a joining of forces between internal and external efforts to innovate.

Banking partners need common objectives

/Transaction banking

Banking partners need common objectives

Jarkko Turunen, Head of Open Banking Development, Nordea, speaks at the SAP Financial Services Forum in London about what the main drivers for partner collaboration are, including cost reduction and client experience, which in turn is improved by boosting innovation with new and niche markets.

Russian bank opens blockchain research centre

/Transaction banking

Russian bank opens blockchain research centre

Russia has stepped up its plans to exploit the potential of distributed ledger technology (DLT) with the announcement that state-owned bank Vnesheconombank (VEB) is to open a blockchain research centre in Moscow.

France and Sweden's fintech ambitions get Brexit boost

/Transaction banking

France and Sweden's fintech ambitions get Brexit boost

The UK's divorce from the EU has led to France and Sweden gaining a larger share of the number of fintech deals done within the Union, according to the research firm CBInsights.

/Transaction banking

Enterpay and Collector Bank in Nordic fintech alliance

Enterpay and Collector Bank have kicked off their collaboration. Collector Bank will add a B2B invoice powered by Enterpay to its payment method selection in Finland and later in the Nordics.

/Transaction banking

Al Hilal Bank and Visa partner for payments in UAE

Global payments technology company, Visa (NYSE:V), and Al Hilal Bank today announced a partnership to accelerate the adoption of contactless payments in the country and facilitate payments innovation in the UAE with the launch of three Visa payWave-enabled premium debit cards.

Hong Kong and Dubai pledge fintech allegiance

/Transaction banking

Hong Kong and Dubai pledge fintech allegiance

The respective regulators of the Hong Kong and Dubai financial markets have signed an agreement designed to further their mutual cooperation on all things fintech.

UK challenger bank launches as proptech market hots up

/Transaction banking

UK challenger bank launches as proptech market hots up

Redwood Bank, a new challenger bank providing mortgages to small businesses and professional landlords, has opened its doors four months after it was granted a banking license.

/Transaction banking

Paybase gets £700k grant from Innovate UK

London-based FinTech startup Paybase has received a grant of almost £700,000 from Innovate UK to democratise eMoney infrastructure for SMEs and startups.

/Transaction banking

FCA approves NEX Regulatory Reporting as an APA

NEX Regulatory Reporting, a NEX Group business which provides regulatory reporting services across global regulatory regimes, announces today that Abide Financial has received approval from the Financial Conduct Authority (FCA) as an Approved Publication Arrangement (APA), with effect from 3 January 2018.

/Transaction banking

Piraeus Bank launches banking service for the visually impaired

Piraeus Bank has implemented an integrated program for the provision of new services covering social groups with specialized banking service needs. The Bank has launched a full range of new services for visually impaired customers and will soon extend these facilities for customers with hearing impairments.

Frankfurt predicts Brexit jobs boost at London's expense

/Transaction banking

Frankfurt predicts Brexit jobs boost at London's expense

A recently published report states that, contrary to the fears of Brexit-sceptics, the UK's exit from the European Union will create as many as 80,000 new jobs - the majority of which will be in financial services. The only problem for Brexiteers is that the jobs will be in Frankfurt rather than London.

/Transaction banking

Imperial FX brings its money transfer service to Poland

UK-based money transfer brand, Imperial FX, have announced that they are now transferring funds into the Polish market, and can beat the rates of many other money transfer firms.

Estonia ponders launch of its own digital currency

/Transaction banking

Estonia ponders launch of its own digital currency

In yet another demonstration of its reputation as the world's leading digital nation, Estonia is considering the introduction of its own government-backed digital currency.

Bank of Baroda calls for calm after big IT glitch

/Transaction banking

Bank of Baroda calls for calm after big IT glitch

Customers of India's fourth largest state-owned bank, the Bank of Baroda (BoB), have been asked not to panic after a technical glitch caused thousands of accounts to be wrongly debited.

Bank of America applies AI to streamline client payment processing

/Transaction banking

Bank of America applies AI to streamline client payment processing

Bank of America has worked with fintech startup High Radius to apply artificial intelligence to corporate processing of accounts receivables.

/Transaction banking

KeyBank partners with Billtrust for corporate payment services

KeyBank announced today its strategic partnership with an equity investment in Billtrust, a pioneer of payment cycle management solutions.

Australia regulates digital currencies

/Transaction banking

Australia regulates digital currencies

The Australian government has announced plans to strengthen its anti-money laundering rules with new reforms that will include digital currencies for the first time.

Infosys CEO quits after fall-out with founders

/Transaction banking

Infosys CEO quits after fall-out with founders

The CEO of Indian IT services giant Infosys has unexpectedly resigned, citing a falling out with the company's founders.

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