Transaction Banking

ONPEX and OnerWay Partner to Deliver Seamless Marketplace Settlements

ONPEX, a leading provider for multi-currency IBAN accounts, has partnered with Ronghan International Limited – the UK-based and regulated division of the Chinese financial service provider OnerWay. Read more »

Eurasian Bank Modernizes Cash Management with Fiserv

 Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Kazakhstan-based Eurasian Bank will streamline and automate its cash management processes with technology from Fiserv.  Read more »

HSBC and Walmart Join Forces on Sustainable Supply Chain Finance Programme

HSBC and Walmart today announced the roll-out of a sustainable supply chain finance programme that pegs a supplier’s financing rate to its sustainability performance. This global programme allows Walmart’s suppliers who demonstrate progress in Walmart’s Project Gigaton or Sustainability Index Program to apply for improved financing from HSBC based on their sustainability ratings. Read more »

Surecomp Inaugurates SureLab Innovation Center

Surecomp, the global trade finance fintech leader, announced today the inauguration of SureLab, Surecomp’s newly established innovation lab. SureLab was established to centralize Surecomp’s digitization initiatives thereby enabling Surecomp to maintain its position at the forefront of trade finance innovations. SureLab aims to introduce new technologies to the digital trade finance arena. Read more »

UK Fintech Kantox Closes €5 million Venture Debt Financing Agreement with Silicon Valley Bank

Kantox, a leader in FX management solutions for businesses, has just closed its second venture debt financing deal with Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses, enterprises and their investors. The €5 million loan package is the second deal agreed between Kantox and SVB, with the first announced in December 2017. The new financing agreement underscores the appeal of Kantox’s growth story and SVB’s track... more Read more »

BNY Mellon Global Survey shows that technology and regulatory revision help to reduce the trade finance gap

BNY Mellon released its "Overcoming the Trade Finance Gap: Root Causes and Remedies" report, which finds that the trade finance gap remains a significant issue for global trade, according to 100 global, regional, and domestic banks, specialist trade providers and other market participants responding to its survey. Read more »

Mobile application Exscudo Channels adds SEPA/SWIFT support to allow transactions from bank accounts to the app

We are excited to announce that SWIFT and SEPA withdrawals and deposits  have already been implemented and fully functional in the Exscudo  Channels App. The function is available worldwide with the exception of the US and select countries. Thanks to the SEPA and SWIFT support our customers are able to top up their Channels balance by making a bank transfer in Euro, USD or any other fiat currency. Read more »

A step ahead of the rest: Hand Dyed Shoe Company claims crown in Klarna’s ‘Smoooth Stores’ competition

With entries received from all over the UK, a visit from Hugo Taylor and a competitive voting period which saw over 5,000 votes cast by the public, The Hand Dyed Shoe Co. was crowned the winner of Klarna’s ‘Smoooth Stores’ initiative at last night’s star-studded awards. Read more »

UTP Merchant Services expands Hastings branch creating 50 new jobs

UTP Merchant Services, a leading credit and debit card payment solutions specialist, has expanded its Hastings branch creating fifty new jobs in the area in order to support business growth. Supported by Locate East Sussex and backed by a 'Growth Capital Funding’ grant from East Sussex Council, the expansion will see UTP Merchant Services recruit 50 new telesales staff, to be based on another floor of their current Ocean House branch in St.... more Read more »

Vayana Network enables Rs.15000+ Crores in Trade Financing

Vayana Network, India’s largest 3rd party Short-Term Trade Finance (STTF) platform, announced that it has facilitated over Rs.15000 crores in trade finance. Vayana’s digital Network enables businesses and their trade partners get easy, convenient and fair-priced access to financing from Financial Institutions (FIs), such as Banks and NBFCs. Read more »

Temenos Releases 2019 State of Digital Sales in Banking Report

Temenos (SIX: TEMN), the banking software company, today unveiled the findings of its 2019 Digital Sales in Banking Report. The report, now in its fourth year, compares the digital account opening capabilities of 60 large and representative mid-size banks in North America, Europe and Australia, measuring both the breadth of offerings and the quality of the customer journey. Banks arriving at the digital promised land Read more »

Crealogix Research: Consumers ‘zoned out’ from almost 61 million UK bank accounts

More than half of all UK consumers have at least one bank account they no longer use, but have not yet closed. The research, commissioned by CREALOGIX, found that banking customers are also increasingly opening new accounts with challenger banks because they offer personalised features that consumers are looking for. Read more »

Fourteen Banks and Financial Institutions Launch Drive to Develop Multi-trillion Dollar Trade as an Asset Class

Fourteen leading global financial institutions have launched a drive to use technology and standardisation for the wider distribution of trade finance assets. ANZ, Crédit Agricole CIB, Deutsche Bank, HSBC, ING, Lloyds Bank, Rabobank, Standard Bank, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation are among the banks backing the Trade Finance Distribution Initiative (TFD Initiative). Read more »

Daniel Clayden joins BEQUANT as Head of Product Development

BEQUANT, the leading cryptocurrency exchange, announced today that it has hired Daniel Clayden as its new Head of Product Development. With 25 years’ experience in Capital Markets and Financial Services Technology, Daniel’s appointment will strengthen the company’s growing roster of products in the cryptocurrency market. Daniel has previously held roles at a number of Tier 1 Investment Banks, including J.P. Morgan and Credit Suisse. Before... more Read more »

CoinEx plans to build a public chain for its decentralized exchange

CoinEx is about to build a public chain CoinEx Chain for decentralized trading. The website was launched on March 22 and a CoinEx Chain-based decentralized trading platform CoinEx DEX will be online expected in Q4 this year. Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel