Transaction banking

3350 articles tagged with this keyword

/Transaction banking

MarketInvoice extends lending platform to more businesses

Business finance company MarketInvoice has opened the doors to more than 400,000 smaller businesses accessing a whole ledger confidential invoice discounting service, which has previously been the preserve of larger businesses, by easing the annual turnover criteria.

/Transaction banking

IBM signs blockchain shipping and supply chain deal with Pacific International Lines

Pacific International Lines (Pte) Ltd (“PIL”), PSA International Pte Ltd (“PSA”) and IBM Singapore Pte Ltd (“IBM”), signed a Memorandum of Understanding (MOU) today to explore and trial proof of concept (POC) blockchain-based supply chain business network innovations.

/Transaction banking

Citi appoints Gonca Latif-Schmitt as global head of commercial cards

Citi has appointed Gonca Latif-Schmitt as the Global Head of the Commercial Cards business.

/Transaction banking

Nordea teams up with Basware for dynamic discounting

Nordea will partner with Finnish company Basware, a global leader in networked purchase-to-pay solutions, to provide a dynamic discounting solution to customers across the Nordics.

/Transaction banking

HSBC automates documentary trade processing with IBM

HSBC is applying optical character recognition and cognitive technology from IBM to automate the processing of paper documents in trade finance transactions.

/Transaction banking

Earthport appoints India head

Earthport, the leading network for cross-border payments, is pleased to announce the appointment of Sandeep Gupta as Head of India.

/Transaction banking

RailsBank raises $1.2 million in funding

RailsBank, a fintech startup led serial entrepreneur Nigel Verdon that promises to provide access to global banking services with 5 lines of code, has raised $1.2 million in a funding round led by Firestartr

/Transaction banking

Key drivers raise the bar in retail

Aneet Morar, Head of Partnerships and Ecosystem Development, Lloyds Banking Group, talks at the SAP Financial Services Forum about how key drivers - regulation, technology disruption and new customer expectations - are changing the retail banking landscape, and what banks must do to do keep up as well as protect themselves.

/Transaction banking

Oracle rolls out suite of payments and corporate banking products

Oracle today announced the worldwide release of its Oracle Banking Payments solution.

/Transaction banking

Brexit and Trump: Regulatory change

Alexander Robson, Thomson Reuters, talks to us about the direction the FCA is taking this year in respect to upcoming regulatory challenges such as Brexit, the changes in regulation we might see from Trump’s presidency, and further developments as a result of these issues.

/Transaction banking

Automation leads the way in expense compliance

Chris Baker, Managing Director, EMEA North & South Africa, Concur, speaks at the SAP Financial Services Forum about developments in expense compliance and the role automation plays in end to end management solutions and quantifying value in terms of cost and policy compliance.

/Transaction banking

BBVA joins Singapore-based trade finance platform

BBVA has recently joined the Singapore-based Capital and Credit Risk Manager (CCRM) platform as a full member bank.

/Transaction banking

KBank to process Letters of Guarantee over distributed ledger framework

Thailand's Kasikorn Bank says that by 2018 it wants to process at least one-in-twenty electronic Letters of Guarantee in its corporate credit business over a new distributed ledger platform developed in concert with IBM

/Transaction banking

Rakbank joins with Invoice Bazaar for supply chain finance

The National Bank of Ras Al-Khaimah (RAKBANK) today announced a strategic partnership with Invoice Bazaar, a FinTech Supply Chain Finance platform in the United Arab Emirates.

/Transaction banking

UPS Capital launches cross-border B2B payments platform

UPS Capital, a subsidiary of UPS® (NYSE:UPS), announced today the launch of a new online business-to-business payment service powered by Payoneer, a leading cross-border payments company.

/Transaction banking

TransferMate expands executive team on US regulatory approval

TransferMate, the global B2B end-to-end payments platform today announces the expansion of its senior management team following its achievement of full U.S. regulatory approval.

/Transaction banking

Eleven banks develop trade finance app on R3’s Corda DLT platform

Eleven banks have passed a major milestone in the digitisation of documentary trade finance.

/Transaction banking

PSD2 causes disruption to the status quo

Stephen Lemon, Co-Founder, VP Business Development, Currencycloud, speaks at the SAP Financial Services Forum about PSD2 in the context of open APIs – comparing the option of simply complying with the option of getting ahead by leveraging APIs for collaboration.

/Transaction banking

Accurate information gives better and quicker decisions

David McCarthy, Chief Financial Officer, Atom bank, talks at the SAP Financial Services Forum about how leveraging analytics in real-time can benefit the finance area in banks by giving more accurate information, improving the decision-making process and responsiveness to market change, and therefore providing a better product.

/Transaction banking

Commerzbank undertakes first live BPO transaction in Austria

Commerzbank has processed the first BPO transactions in Austria, covering the import of bus components from Germany and Italy.