Transaction Banking

Finastra named best global trade finance software provider

Finastra has been named best global trade finance software provider by Global Finance at the Trade Finance Awards 2020. The accolade was announced at an awards ceremony held at the BAFT Global Annual Meeting in Frankfurt last week. It recognizes Finastra for its innovative technology in the trade and supply chain finance space. Read more »

Leading UK Wealth Manager selects Cashfac to orchestrate cash movements and real-time operational accounting.

Cashfac is delighted to announce that one of the UK’s largest wealth manager and specialist SIPP provider - trusted by thousands of investors with billions of pounds in pension and investment savings - has selected Cashfac to help drive their business transformation. Meeting the challenges of scalable business transformation Read more »

TransferGo Partners With Currencycloud To Power P2P Cross-Border Payments In 55 Markets

TransferGo, one of the world’s fastest growing money transfer companies, today announced it is partnering with global payments platform Currencycloud to facilitate cross-border payments and launch in 14 new markets during Q1 of this year. As a result, the TransferGo and Currencycloud partnership will be available in 69 countries globally. Read more »

Wirecard and Singapore’s largest currency exchange network FXChange simplify payments for every traveler

Wirecard, the global innovation leader for digital financial technology and FXChange, Singapore’s largest self-service currency exchange network, are collaborating to provide outbound and inbound travelers in Singapore with simple and flexible digital payment options. The companies are launching multi-currency Visa cards and a corresponding app which will offer travelers the chance to combine payment with the possibility to earn and redeem... more Read more »

Worldpay From FIS Opens New Doors for JCB Card Acceptance in Japan

FIS™ (NYSE: FIS) today announced an agreement with JCB, the leading issuer and acquirer in Japan and a global payment network. Worldpay, FIS’ global eCommerce platform, will allow businesses operating in Japan to accept payments by JCB cards. With this agreement, Worldpay now provides a comprehensive eCommerce solution for enterprise merchants operating in Japan. Read more »

Citi and PayPal Extend Partnership to Institutional Payments

Citi (NYSE: C) and PayPal (NASDAQ: PYPL) have expanded their partnership to enable Citi’s institutional clients to make payments into customers’ PayPal digital wallets. The extended partnership brings together Citi’s large global network and client base of multinational corporations, financial institutions, and public sector organizations and PayPal’s vast two-sided network of consumers and businesses, delivering more choice and flexibility to... more Read more »

Poland’s Bank Millennium Chooses OneSpan to Improve Customer Experience in Corporate Banking

OneSpan™, a global leader in software for trusted identities, e-signatures and secure transactions, today announced that Bank Millennium, a rapidly-growing subsidiary of Banco Comercial Português (Millennium bcp), has deployed Cronto® technology to secure transactions while improving the experience for its corporate banking customers. Read more »

Protiviti and International RegTech Association Sets Out Blueprint for Much Needed Digital Optimization of ‘Know Your Customer’ Processes

Protiviti and the International RegTech Association (IRTA) have released the findings of a global market study they conducted to investigate the effectiveness of current ‘Know Your Customer’(KYC) processes. The study reveals an urgent need for more effective industry alignment to accelerate the digitizing of KYC processes and greater use of shared platforms. Read more »

CLS launches its first data product for FX forward market

CLS, a market infrastructure group delivering settlement, processing and data solutions, is releasing an FX Forward Volume dataset as part of its comprehensive suite of executed trade data products. FX Forward Volume data focuses on outright forwards and swaps which provide an aggregated view of the forward market, therefore confirming pricing models for forwards and swaps. This is CLS’s first data product for the FX forward market as CLS’s... more Read more »

Income and Wealth not the Driver for Prosperity in High-Growth Markets, Finds New Global Study

Three quarters of people with a below-average income for their country report feeling prosperous; Six in ten people across high-growth markets say access to financial services has helped improve their prosperity; Three quarters think their government has a responsibility to improve access to financial services. A landmark study into the relationship between financial services and prosperity across high-growth markets around the world has... more Read more »

Finzo selects JHC’s Neon to provide greater portfolio monitoring efficiency for wealth managers

Wealth management fintech firm JHC Systems (JHC) today announces that Finzo, a New Zealand-based integrated financial solutions provider, will be implementing JHC Neon (Neon). This means Finzo will be able to consolidate portfolios across all accounts to give a 360-degree view of client positions. This is JHC’s first New Zealand-based client, secured through its partnership with MyFiduciary, and represents the first FNZ platform client to... more Read more »

The network of EFTPOS Terminals of the PASHA Bank is Connected to the TransLink.iQ Platform

According to Jalal Orujov, a Member of the Executive Board and Chief Operating Officer at PASHA Bank, the new EFTPOS network management system opens up additional opportunities for the bank. "In addition to automating payments and optimizing the EFTPOS deployment, the new system provides comprehensive online workflow monitoring, as well as receiving additional information about each payment made in the terminal network. Read more »

Integral ADV increases 5.2% year over year

Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $36.4 billion in October 2019.  This represents an increase of 5.2% compared to October 2018. Read more »

Charles Stanley Selects Red Deer for MiFID II Research Compliance

Red Deer, the financial technology company dedicated to enhancing the performance of active investment managers, is pleased to announce that Charles Stanley, one of the UK’s leading wealth management firms with £24.4bn in assets under management, has selected its Research Management solution. The solution will enable Charles Stanley to seamlessly integrate MiFID II compliance across their investment process, whilst being better placed to fully... more Read more »

AxiomSL Partners with Genpact to Deliver IntegratedModelView ― An Innovative Framework for Model Management

AxiomSL, the industry’s leading provider of regulatory reporting and risk management solutions,today announces an agreement with Genpact, a global professional services firm focused on delivering digital transformation, to empower financial firms (FIs) to efficiently implement IntegratedModelView on the AxiomSL platform. Read more »

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