Transaction Banking

Deployers Use Different Strategies for Cash Replenishment and Servicing of Branch and off-site ATMs

Cash replenishment and first line maintenance typically outsourced to the same provider RBR’s Global ATM Market and Forecasts to 2024 report shows that worldwide, cash replenishment and first line maintenance are carried out by third parties for around half of ATMs. Read more »

ZILLIONe together with SmartStream provides reconciliations solution to People’s Bank of Colombo

ZILLIONe, the internationally networked enterprise solutions provider, recently completed the successful implementation of the latest reconciliation software by SmartStream, the Transaction Lifecycle Management (TLM®) solution provider – for People’s Bank. The solution will enable People’s Bank, to have a consolidated view for all electronic transactions. Read more »

SmartStream and Luxoft Form Global Alliance to Help Financial Institutions Digitally Transform the Post-Trade Lifecycle

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, and Luxoft, a DXC Technology Company (NYSE: DXC), today announced an agreement to help financial institutions digitally transform the entire post-trade lifecycle, enabling more efficient, streamlined an Read more »

Azimo and Ripple Partner to Deliver Faster, Cheaper Payments to the Philippines

Azimo, Europe’s leading digital money transfer service, announced today that it has partnered with Ripple, the enterprise blockchain solution for global payments.  Azimo has launched its first service using Ripple’s On-Demand Liquidity solution (ODL) to send faster and cheaper cross-border payments to the Philippines, with plans to expand to more markets in 2020. The Philippines is one of the top remittance destinations globally, receiving $34... more Read more »

Slide rebrands to SlideBy

Small business cash flow forecasting app, Slide, has today announced its rebrand to SlideBy.  SlideBy exists because most small business failures happen when they run out of cash. As the first dedicated and user-friendly app designed specifically to help small businesses easily model cash flow, SlideBy is helping UK businesses avoid the pitfalls associated with cash management. Read more »

ING selects Tradeteq to distribute commodity trade finance exposure to non-bank investors

ING Group (“ING”), the global financial institution with a strong European base, has partnered with Tradeteq to distribute its commodity trade finance exposures to non-bank institutional investors. Tradeteq operates the trade finance industry’s first electronic trading platform, which allows banks to package their exposures into standardised, investable notes for non-bank institutional investors. Read more »

IHS Markit Adds Credit Benchmark Consensus Analytics to Securities Finance Platform

IHS Markit, a world leader in critical information, analytics and solutions, today announced a collaboration with Credit Benchmark in which it will use Credit Benchmark’s credit risk analytics in its Securities Finance platform to offer additional performance measurement and reporting capabilities for global lending programs. Read more »

UK SIPP provider doubles customer growth using Cashfac Virtual Accounts

Leading provider of self-invested pension products integrates Cashfac’s flagship solution to drive process automation and increase productivity A leading provider of self-invested pension products (SIPPs) – has doubled customer growth of their business operations by integrating Cashfac’s flagship virtual accounts solution with its existing core systems. Read more »

Rewire develops into neobank for migrants following 40% monthly growth rate across Europe

Rewire, a cross-border banking service provider for migrants, has today announced the growth of its product offering as a neobank for migrants in Europe. Rewire now offers tailored accounts focused on the specific needs of migrants and is introducing a new line of innovative banking products that can serve them in the host country and the country of origin. Read more »

NatWest launches UK’s first safe with automated account crediting

NatWest has launched the UK’s first intelligent cash management solution for businesses, in partnership with G4S. Intelligent Safe is an innovative and secure cash solution that enables businesses to benefit from same day automated account crediting of its cash transactions, without having to deposit that day’s takings in their local branch. Read more »

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 »

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