New features let employees to focus on creativity, conversation, and addressing complex client needs. Bank of America (BofA) revealed this week significant ways that artificial intelligence is enhancing its services for clients and employees alike through the strategic deployment of generative AI (GenAI), demonstrating a leap forward in how the …
Read More »Standard Chartered: Corporates Focus On Resilience
Home Transaction Banking Standard Chartered: Corporates Focus On Resilience In Global Trade And Supply Chains Survey of 1,200 corporate leaders shows resilience, digitalization, and supply chain shifts driving trade strategy. Standard Chartered’s “Future of Trade” report highlights the complex and uncertain future of global trade and supply chain resilience, according …
Read More »Financial Institutions’ Top Concern Is Compliance
Home Transaction Banking Financial Institutions’ Top Concern Is Compliance, Bottomline Report Finds Maintaining older systems slows advancements towards real-time payment and regulatory compliance. A Bottomline report released at Sibos on Monday shows that 91% of banks and other financial institutions expect compliance challenges in the coming year, as they manage …
Read More »Top Banks Say They Are ‘Drowning’ In Payment Changes
North American banks are having difficulties keeping up with the evolutionary pace in payments. Technological innovation is transforming commercial payments across North America, greatly affecting major financial institutions in the US and Canada. Celent, a fintech research and advisory firm and part of data analytics consultancy GlobalData, shared a report …
Read More »AI At Sibos 2025: From Theory To Transformation
From the bustling halls of Messe Frankfurt, Global Finance is reporting live from the opening day of Sibos 2025, where AI is dominating the conversation. Artificial intelligence takes center stage at Sibos 2025, which began on Monday, demonstrating how it has evolved from a buzzword to a key strategic focus …
Read More »Merchants Eye PayTechs Amid Service Failures
Can banks stem the exodus of clients? The new World Payments Report 2026, published by Capgemini Research Institute, offers a sobering insight for banks attending this year’s Sibos. It uncovers a looming crisis for traditional banks, with 40% of small and mid-sized merchant businesses planning to shift their payment services …
Read More »SWIFT, Global Banks To Expand Blockchain Use
More than 30 of the largest banks worldwide join in the design, development, and testing of the new offering, SWIFT announced at the Sibos conference. Big news at this year’s Sibos conference in Frankfurt came right at the opening on Monday. SWIFT announced it would add a shared blockchain-based ledger …
Read More »Finastra Unveils Intelligent Routing Module
Home Transaction Banking Finastra Unveils Intelligent Routing Module To Revolutionize Payments Processing The new module is designed to help banks route payments faster, cheaper, and smarter across multiple rails. Finastra, a global leader in financial services software, announced its new Intelligent Routing Module at Sibos 2025 on Monday, a solution …
Read More »Seven Payments Principles for Treasury in 2025 and Beyond
Home Transaction Banking Seven Payments Principles for Treasury in 2025 and Beyond Treasurers today are under tremendous pressure. Cash must move seamlessly to keep pace with rapid technological change and fast internal decision making. Vendors expect instant payments. Employees count on timely payments and reimbursements. Meanwhile, regulations are …
Read More »New Possibilities In a Blended World of Traditional and Digital Assets
Change and uncertainty have become a new normal for capital markets in recent years. As the established powerhouse of global economic growth, Asian economies have borne much of the impact of this unpredictability. This year, capital markets in Asia have seen fluctuating returns, and a sense of investor nervousness that …
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