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Revolut commits A$400m after winning full Australian banking licence

Revolut has secured an unrestricted Australian banking licence and committed A$400m to expanding in the market, positioning the UK-founded financial technology group as a new challenger to the country’s dominant banking institutions. The licence allows Revolut to broaden its Australian...

#Australia#banking licence#business banking

FactorAvenue launches full-cycle freight broker factoring module

FactorAvenue has launched a freight broker factoring module designed to manage shipper receivables, carrier payments and quick-pay income within a…

#banking technology#correspondent banking#Euromoney


Trade finance survey puts technology and service at centre...

Banks are placing growing weight on technology, product breadth and service quality when selecting international trade finance partners, according to…

#banking technology#correspondent banking#Euromoney


UK tokenisation roadmap targets wholesale financial markets

The UK’s Wholesale Digital Markets Champion has published a new roadmap aimed at accelerating the tokenisation of wholesale financial markets.…

#collateral#digital assets#HM Treasury


Standard Chartered completes first gold transactions through Hong Kong...

Standard Chartered has completed its first batch of gold transactions and settlements through Hong Kong’s Gold Central Clearing and Settlement…

#commodities#gold settlement#Hong Kong


Frankfurt International Bank selects FIS for cloud treasury platform

Frankfurt International Bank has selected FIS Treasury & Risk Manager – Quantum Cloud Edition as its core treasury and risk…

#banking technology#export finance#FIS


Commerzbank reshapes institutional and transaction banking leadership with Oliver...

Commerzbank has appointed Oliver Haibt as Head of Institutional Clients and Transaction Banking Sales (ICTBS), handing responsibility for one of…

#cash management#Commerzbank#Corporate banking


Standard Chartered and Circle launch bank-led USDC access for...

Standard Chartered has launched an institutional capability giving eligible clients access to USDC minting and redemption through a single bank-led…

#Circle#payments#stablecoins


BanBif taps Finastra to modernise trade finance operations in...

Peru-based Banco Interamericano de Finanzas has selected Finastra’s Trade Innovation and Corporate Channels platforms to modernise its foreign trade operations…

#BanBif#documentary collections#Finastra


Maldives Premier Bank selects Finastra for international payments connectivity

Maldives Premier Bank has selected Finastra’s Financial Messaging API to support a digital-first approach to international banking and strengthen its…

#API banking#banking technology#cross-border payments

Standard Chartered launches AI-powered platform to deliver more targeted...

Standard Chartered today announced the launch of its new AI-powered platform, an exciting digital innovation designed to help bankers quickly…

#digitalisation

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