Cash management

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/Cash management

Nordea releases AutoFX for corporate treasury

Nordea Cash Management and Nordea Markets announce the launch of AutoFX, the new autopilot for corporates seeking to automatically balance cash pools and manage foreign currency risk. Nordea is the first bank in the Nordics to offer this type of solution.

/Cash management

Intuit goes live with VersaPay to automate invoice to cash process

VersaPay Corporation (VPY.V) ("VersaPay" or the "Company"), a leading provider of cloud-based invoicing, accounts receivable management and payment solutions, today announced that Intuit Inc. has implemented VersaPay ARCTM for select small business and accountant customers.

/Cash management

Gresham buoyed by strong Clareti sales

Gresham Technologies plc (LSE: “GHT”, “Gresham” or the “Group”), the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, provides the following trading update for the year ended 31 December 2016 (“FY 2016”).

/Cash management

CoCoNet revamps management

With the start of the new year, CoCoNet AG introduces a new Executive Board of Management: From now on, Dr. Christian Schmidt as Chairman, Axel Wiethoff and Björn Hassing will steer the company’s future.

/Cash management

SkySparc extends ECB consultancy contract

For the third consecutive time, SkySparc has been selected to provide comprehensive consultancy services to the European Central Bank (ECB), extending its role in maintaining the bank’s Wallstreet Suite (WSS) treasury management system by four years.

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Citi develops analytical tool to guide corporates through digital channel strategies

Citi announces the launch of a powerful new analytical tool for use by its specialists to advise global institutions and help them identify efficiencies in their use of banking channels and connectivity options for their treasury and shared service center operations, thus enhancing a company’s ability to manage their cash and risk, and providing valuable strategic input to develop a more secure and efficient treasury environment.

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Citi names Ebru Pakcan head, treasury and trade solutions, Emea

Citi has today announced the appointment of Ebru Pakcan as Head of Treasury and Trade Solutions (TTS) for the EMEA region. Ebru takes over the role from Rajesh Mehta, who was recently named Regional Head of TTS for Asia-Pacific.

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BFC Group granted UK banking licence

In October 2016, our latest venture ‘BFC Bank’ received authorisation by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) (FRN 716167) in the United Kingdom for a banking licence.

/Cash management

Commonwealth Bank of Australia selects Misys corporate banking tech

Commonwealth Bank of Australia (CBA) has selected Misys to provide cloud-ready, connected institutional banking technology solutions to support its banking services outside of Australia.

/Cash management

DBS mobile app eliminates the need for physical tokens in corporate transactions

DBS Bank continues to be at the forefront of digital innovation with the new DBS IDEAL Mobile feature that eliminates physical tokens for corporate transactions.

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Accuity and Kyriba form corporate sanctions screening alliance

Kyriba Corp., the global leader in cloud-based treasury, payments, cash and risk management solutions, today announced its partnership with Accuity, the leading provider of financial crime compliance, payments and financial counterparty know-your-customer (KYC) solutions.

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Kyriba scores $23 million fund raise

Kyriba Corp., the global leader in cloud treasury management solutions, has raised $23 million (USD) in a Series D funding round led by Bpifrance, with additional capital from existing investors HSBC (NYSE: HSBC) and Daher Capital.

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HSBC joins $23m Series D funding round for treasury management outfit Kyriba

Kyriba Corp., the global leader in cloud treasury management solutions, has raised $23 million (USD) in a Series D funding round led by Bpifrance, with additional capital from existing investors HSBC (NYSE: HSBC) and Daher Capital.

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Citi bolsters its custody offering

Citi has further enhanced its Integrated Custody program with extended cut-off times for global custody accounts serviced from London, Luxembourg and New York.

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Union Bank of the Philippines chooses D+H cash management tech

DH Corporation (DH.TO) ("D+H"), a leading provider of technology solutions to financial institutions globally, today announced that Union Bank of the Philippines ("UnionBank"), which provides banking products and services to more than 7,000 corporate clients, has entered into an agreement with D+H to provide it with a suite of cash management solutions.

/Cash management

Glory Global Solutions buys Russian cash management tech outfit In-Tech

Glory Global Solutions (Holdings) Limited, a wholly owned subsidiary of GLORY Ltd. [TYO:6457], has acquired 100% of the issued share capital of In-Tech LLC, a leading supplier of cash management technologies to the Russian banking and retail sectors, from ITG (INLINE Technologies Group).

/Cash management

NRI launches ASP management system for bonds, OTC derivatives and cash management

Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, today announced the launch of VOLCS, an ASP (Application Service Provider) multipurpose management system for financial institutions.

/Cash management

Ripple and Expertus team up for blockchain testing service

Expertus and Ripple, today announced that they have launched a Pilot Program for Financial Institutions that want to test the capabilities of blockchain and Ripple distributed financial technology.

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PowertoPay gains Swift corporate cash management label

The certification allows PowertoPay to incorporate SWIFT’s Alliance Lite2 into its business applications for corporate treasury customers.

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Barclays provides £1 million venture funding to AccessPay

Barclays have cemented their strong working relationship with AccessPay, by providing a £1m loan to help the innovative Manchester fintech company explore further growth opportunities.