Widespread Globalization, throughout the corners of the world, have propelled Financial institutions and Fintech’s to explore for avenues to survive and excel, as compared to their competitors. The ideal approach, would be to lower the cost of business and simultaneously increase the availability and quality of products and services. Transaction Banking, has evolved as an effective solution to fulfil this approach. The process, provisions, of 24 online banking services, 365 days a year to customer worldwide. The low-risk, high profit business model, has gained more attention in recent years, as institutions have been forced to look for capital sources, outside of traditional markets
Transaction banking allows for the safe and efficient movement of cash and securities around the global financial system. This includes institutional cash management services, facilitating trade finance deals and providing securities processing and agency services for both public and private entities.