Tink: Banks’ poor-quality APIs threaten success of PSD2
by Graham Buck
The Swedish open banking platform claims that none of the production APIs made available meet regulatory requirements on integration
electronic Bank Account Management
Background
Most medium to large companies use an average of six cash management banks, within this average about 30% use 6 or fewer, 40% use 7-20, and 30% use 21 or more. The number of bank accounts managed…
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Poland’s Alior Bank uses blockchain for document authentication
by Graham Buck
The Warsaw-based bank will allow customers to check on their authentication and integrity using the public ethereum blockchain
Bottomline partners with Starling Bank on real time payments
by Graham Buck
The new 24x7 service will enable banks and corporates to send, receive and track payments in real-time to any UK bank account
Kyriba flexes its muscles after Bridgepoint deal
by Graham Buck
The cloud treasury and financial solutions provider sketched in some background detail to its busy first half in 2019.
Sweden’s Riksbank plans to join ECB instant payment scheme
by Graham Buck
The country is likely to sign up to the Target Instant Payment Settlement (TIPS) system for real-time payments, launched last November.
Ripple eyes South America expansion with Brazil launch
by Graham Buck
The real-time payments specialist revealed a key hire made earlier this year as it looks to develop business in the region
PayFi, The Clearing House partner on US real-time payments
by Graham Buck
The partnership promises to bring real-time payment capabilities to community banks across America.
Mastercard launches Open Banking Solutions suite
by Graham Buck
The four applications and services, initially focusing on the UK and Poland, aim to support the growth of open banking across Europe.
Banks’ online portal seeks to drive fintech collaboration
by Graham Buck
Israel’s Bank Leumi, North America’s CIBC and National Australia Bank pool resources as part of an international banking alliance.
US fintech Plaid rolls out services in the UK
by Graham Buck
The six years old San Francisco company, already valued at $2.7bn, is expanding across the Atlantic and opening its first UK office.
Fintechs gain favour for B2B payments processing
by Graham Buck
Around three in four banks are seeking to leverage fintech solutions for payments-related services, reports Bottomline Technologies.
Kyriba links with JP Morgan on real-time payments
by Graham Buck
The San Diego group is the. first treasury management provider to offer real-time payments in the US to the bank’s corporate customers.
Hong Kong gives green light to more virtual banks
by Graham Buck
Competition in the banking sector has intensified as the Hong Kong Monetary Authority hands out a batch of new licences.
Penta integrates the Debitoor e-invoicing programme
by Ben Poole
Partnership aims to simplify invoicing and bookkeeping for small businesses
Personetics turns AI focus to SME banking
by Ben Poole
AI can provide greater visibility of payables and receivables and aid cash flow forecasting for small businesses
Bank of America Merrill Lynch integrates working capital platform with Apple Watch app
by Ben Poole
The bank says business clients now have more options to digitally sign on to CashPro mobile
Voltron trade finance consortium gains 50+ members
by Graham Buck
Launched last October by R3 and eight founding member banks, the initiative has gained traction after successful trials.
Thailand moves closer to central bank digital currency
by Graham Buck
The Bank of Thailand’s project prototype is being finalised by the R3 blockchain consortium and Wipro.
MAS, Bank of Canada blockchain trial promises cross-border payment gains
by Graham Buck
The successful experiment by the two central banks could make cross-border payments faster and more efficient.
Sberbank Croatia picks Token.io to progress open banking
by Graham Buck
The Russian bank’s Eastern Europe subsidiary is integrating Token OS into its banking infrastructure to achieve PSD2 compliance.
CGI to develop HSBC’s trade finance technology platform
by Graham Buck
The bank will use the IT consultancy’s Trade360 global trade finance solution.
Samsung ‘developing own blockchain network’
by Graham Buck
The South Korean electronics group is reportedly working on several projects based around the new technology.
Singapore study sees automation displacing bank jobs
by Graham Buck
Many roles across the city state’s financial services industry are set to be automated before 2025.
BNP Paribas, LianLian Pay partner on China e-commerce business
by Graham Buck
The partnership will offer integrated collections solutions for e-commerce that consolidate online sales and offline mobile collections