Unisys prepares Elevate platform for open banking
by Graham Buck
Originally launched two years ago, the new version of the digital banking software platform has key components for the new era.
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…
Read moreCiti adds biometric authentication for Apac business clients
by Graham Buck
The bank’s institutional clients in China, India, Singapore, Thailand and Vietnam can access the new facility.
Commerzbank, Raisin partner on savings platform for corporates
by Graham Buck
The Berlin-based fintech says that it will be able to offer the bank’s corporate clients attractive savings rates.
India’s Tata settles securities using blockchain
by Graham Buck
Tata Consultancy Services completed a blockchain pilot to create a set of cross-border securities on its BaNCS network
Standard Chartered aims to beef up open banking capabilities
by Graham Buck
The bank aims to develop innovative products and services through partnerships with developers, corporates and fintechs.
JP Morgan adds Sepa Instant to real-time payments offering
by Graham Buck
The US banking group describes the move as the latest step in offering the service globally.
Deutsche Bank, Serrala release API solution for instant payments
by Graham Buck
The bank’s first API for Sepa instant payments launches in an initiative with the fintech software group formerly known as Hanse Orga.
EU blockchain alliance launch attracts over 100 members
by Graham Buck
The formation International Association of Trusted Blockchain Applications (INATBA) was marked by a ceremony in Brussels.
Asia’s major corporates step up digitisation drive
by Graham Buck
The region’s biggest companies are investing in new technology to update their banking and treasury operations.
Credits targets India’s banks with high-speed blockchain network
by Graham Buck
The Singapore-based blockchain platform has already held meetings with the country’s leading banks.
Biggest banks lead the switch to blockchain
by Graham Buck
The world’s largest globally systemically important banks are integrating the technology ahead of smaller rivals, reports UBS.
Line Corp plans move into fintech and payment services
by Graham Buck
The messaging app wants to ride the wave as Japan accelerates its drive to double cashless payments by 2025.
World Bank hails cross-border payments initiatives
by Graham Buck
Ripple’s xRapid and Circle Pay have encouraged JP Morgan, Swift and Visa to be more innovatory, says the financial institution.
Apple targets banking industry with credit card launch
by Graham Buck
Helped by Goldman Sachs and MasterCard, the tech giant will add currency exchange services and cashback incentives to lure customers.
Klarna launches open banking platform
by Graham Buck
The Swedish banking group said that open banking platforms will enable banks and fintechs to personalise their offerings.
Banks run trade finance pilot on Marco Polo blockchain
by Graham Buck
Germany’s Commerzbank and LBBW used the international trade finance network for digital data transfer.
Standard Bank partners with Amazon for cloud migration
by Graham Buck
The South African banking group will use Amazon Web Services to automate its financial operations.
Russia promotes alternative to Swift
by Graham Buck
The threat of Western sanctions has seen the country working on its own rival financial messaging network for the past five years.
Deutsche Bank joins China’s NetsUnion network
by Graham Buck
The NUCC has quickly established itself as a main component of the country’s financial infrastructure system.
China’s SME treasurers ‘slow to embrace technological change’
by Graham Buck
Widespread take-up of mobile banking in the retail market hasn’t yet seen a similar impact on Chinese corporate and business transactio
Western Union partners with Thunes on cross-border payments
by Graham Buck
The partnership is a further boost for Stellar’s blockchain, which will be used to accelerate digital payments between banks.
HSBC reveals more detail on ‘Project Iceberg’
by Graham Buck
Plans for a stand-alone digital bank aimed at SMEs to counter competition from online rivals were first revealed last September.
China’s central bank accelerates drive to regulate fintech
by Graham Buck
The People’s Bank of China said that cutting financing costs for business is one of its primary goals.
FIS-Worldpay $43bn merger creates global payments titan
by Graham Buck
The deal is the largest to date in the payments industry, following Fiserv’s recent acquisition of First Data.