Bank of America spreading APIness
New API support revealed this week allow the bank's clients to trade and settle FX payments and enhance real-time treasury management.
Electronic Banking Connectivity
Background
The simplest way to connect to the cash management banks is to use their corporate electronic banking (EB) connectivity services. Increasingly, these basic EB connectivity services have been expanded…
Read more
Transaction banking: “What an advantage starting from scratch is”
Goldman Sachs progress report shows the advantage of having no legacy infrastructure holding them back
Singapore corporates lead Asia-Pacific for digital readiness
A DBS survey of treasurers and business leaders across APAC also finds banks are the preferred digitalisation partners in the region.
Mastercard launches central bank digital currencies testing platform
The virtual platform allows central banks to evaluate use cases and test roll-out strategies for CBDCs by simulating a CBDC ecosystem.
ISO 20022 in focus with SWIFT and Citi
While ISO 20022 provides the potential for reduced friction, it will be up to the industry and individual institutions to adopt this new paradigm.
Standard Chartered partners with Microsoft to go ‘cloud-first’
StanChart follows the likes of NAB, BNY Mellon and SAS as financial services partners of the tech giant.
IBM Cloud ramps up financial services presence
BNP Paribas, Bank of America, and MUFG Bank are among those to have furthered their relationship with the tech firm.
Most US businesses operating at reduced capacity
Despite a subdued economic outlook, a JPMorgan Chase survey finds businesses remain confident in themselves and most expect to thrive.
BNY Mellon to deliver real-time account validation services to corporates and banks
The bank is adding to its digital services through a collaboration with Early Warning Services.
Mastercard move shows momentum behind open banking
The payments provider is to acquire Finicity in order to advance its open banking strategy.
Citi’s digital focus paying off in Asia
The bank has seen an accelerated adoption of digital services and channels in the region.
Digital banking channels embraced by corporates
Digital channels, whether for account opening, trade financing or supplier onboarding, are increasingly essential.
The road to true digital bank
A report from Forbis Group explores what a truly digital bank looks like, and what that means for institutions and customers.
Afinis adds testing capabilities to help payment API standardisation
The Nacha organisation is partnering with XMLdation on the project.
SWIFT ISO 20022 adoption for cross-border payments pushed back
The original lead migration deadline of November 2021 has been delayed until the end of 2022.
Barclays research highlights lack of banking industry alignment on key issues.
More than two-thirds of businesses identify collaborating and partnering with fintechs as the preferred approach for traditional banks
Jack Henry & Associates streamlines AR financing
SilverLake System integration with BusinessManager lets banks to provide businesses with more transparency, faster access to funds.
Lloyds Banking Group announces collaboration with Google Cloud
The partnership is part of the bank's digital transformation programme.
ING invests in blockchain-based securities lending platform
HQLAx was developed by the bank's blockchain team.
DIFC and Mashreq Bank launch instant bank account opening
The service is enabled by the region’s first KYC blockchain platform.
Greenwich leaders in both European and Asian large corporate banking and cash management announced
Challenges for European companies creates opportunities for corporate banks, while commoditisation shifts the Asian landscape.
OCBC Bank scores initial use of Singapore Customs’ electronic banker’s guarantee programme
The electronic banker's guarantee was issued by OCBC Bank on behalf of vCargo Cloud.
UnionBank and Wirecard partner on digital banking for corporates in the Philippines
The two say that the collaboration will provide corporate customers with secure, reliable banking facilities.
BNP Paribas plans corporate pilot of virtual account management platform
The platform goes beyond the bank's previous efforts in the virtual account space.