Allianz Trade, Santander CIB and B2B e-commerce platform Two have expanded their buy now, pay later service to enable payments for large retailers.
Latest articles from Transaction banking
Arabian crypto dreams look like a mirage
January 4, 2023The fallout from the collapse of FTX has been felt keenly in the Arabian Gulf, where several jurisdictions have positioned themselves as would-be crypto hubs.
Hope for fintech start-ups hampered by payment charges
December 20, 2022An investigation into allegedly unfair interchange fees charged by the two main card providers in the UK has been launched with a focus on driving down costs that are stifling the innovation of fintech start-ups.
DTCC report lays out CBDC challenges
December 16, 2022The corporation worked with the Digital Dollar Project and Accenture on the wide-ranging white paper.
Small businesses need quicker payments to survive
December 15, 2022A culture of late payments by bigger companies is leaving small businesses struggling to get by.
Multi-currency will define the ‘Asian century’
December 9, 2022As the centre of the world seems to shift eastwards, the region is turning away from the US dollar and towards bilateral local currency settlement.
HSBC and Wells Fargo expand blockchain FX settlement service
December 2, 2022Including the offshore yuan in its blockchain system is just one of HSBC’s latest developments.
Europe’s SMEs join Atlantic flight to real-time payments
October 25, 2022Real-time payments look set to take off in the small and medium-sized enterprise market in 2023, according to recent reports in Europe and the US.
Fed(up)Now? Instant payments in the US finally on their way
October 14, 2022The US plans for the introduction of FedNow, its real-time payments solution – but decades after some other countries. What took so long?
Central bankers want to avoid a digital euro becoming a ‘liquidity vampire’
October 10, 2022A retail digital euro released into a complex financial system could become a ‘liquidity vampire’ if severe stress erupted in the banking system. But if soundly designed it could also bring many benefits.