Cash management

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/Cash management

Nedbank to accelerate ISO20022 adoption with Bytes and Volante

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, data and payments, together with its South African partner Bytes Universal Systems, have been selected by Nedbank to facilitate the transformation of its financial payments message service layer across multiple Nedbank entities.

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KeyBank invests in AvidXchange for payment automation

KeyBank (KEY) today announced a strategic partnership and minority investment in AvidXchange, a world class leader in accounts payable automation solutions.

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BAML releases CashPro Invest to European clients

CashPro Invest, an online liquidity management and investment order entry tool, is now available for use by Bank of America Merrill Lynch clients in Europe.

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Reval rolls out modules for banks to support corporate treasury services

Large and medium-size banks will be able to offer rich corporate banking services cost-effectively through their web-based portals, using Reval Inside, a new offering from Reval, the leading global provider of a scalable cloud platform for corporate treasury and risk management (TRM).

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Jeff Jones named president of US Bank Corporate Payment Systems

Jeffrey W. Jones has been named president of U.S. Bank Corporate Payment Systems, succeeding Kurt Adams, who left the bank earlier this month.

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Bottomline debuts direct debit management module for corporates

Bottomline Technologies (NASDAQ:EPAY), a leading provider of payment, invoice, and digital banking solutions, today announced the launch of a cloud-based Direct Debit Management (DDM) solution for businesses.

/Cash management

Citi wins Shell mandate for cash management services in Europe

Citi’s Treasury and Trade Solutions (TTS) division today announced that it has been appointed by Shell as its sole bank provider for cash management services across 16 countries in Europe.

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LV= goes live with Cashfac

Cashfac Technologies, the market leader in Bank-to-Corporate Cash Management solutions, today announced that LV=, a leading provider of Insurance, Savings, Investments & Retirement plans, has gone live with Cashfac’s cash management solution for trustees administering Self Invested Personal Pensions (SIPP).

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Cashfac partners with NashTech for offshore development

Cashfac Technologies, the market leader in Bank-to-Corporate Cash Management solutions, today announced a partnership agreement with NashTech’s IT outsourced development and test operations.

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Berenberg offers new banking portal

Berenberg expands its e-banking services for corporate customers.

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Siemens selects Deutsche Bank for receivables on behalf of in China

Deutsche Bank today announced that it has implemented a Receivables on Behalf Of (‘ROBO’) solution for Siemens Financial Services (‘SFS’) in China, for both intra-group and third party cross-border receivables.

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Wincor Nixdorf and Nokas join to offer cash management services

Wincor Nixdorf and Nokas, the leading Scandinavian provider of cash- handling services, establish a joint venture in the Benelux.

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Palette secures investment for further expansion

Palette, the leading provider of software solutions that streamline financial processes for enterprise level purchase-to-pay, has secured investment from Monterro 1, a leading technology investment group, as the company looks to expand into new markets.

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New sales head appointed by AccessPay

AccessPay, the provider of payment automation and business intelligence, today announced the appointment of industry veteran John Wordley as Head of Sales.

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Gresham revenues up 11% in H1

Gresham Computing plc (LSE: “GHT”, “Gresham” or the “Group”), the leading software and services company that specialises in providing real-time financial transaction control software, announces its unaudited half year results for the six months ended 30 June 2015.

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E payments top priority for global companies - Bank of America Merrill Lynch

While companies around the world are taking note of the growing emergence of mobile and digital payment applications, many treasury departments still grapple with the continued existence and enormous cost of paper payments.

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Wells Fargo appoints Nick Lawrence to lead supply chain finance roll out in Europe

Wells Fargo Capital Finance, part of Wells Fargo & Company (WFC), announced that Nick Lawrence has been appointed as managing director for Supply Chain Finance (SCF) as it finalizes the build out of its European platform to support all three international products, Channel Finance, Supplier Finance and Sales Finance.

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HSBC mandated as RMB concentration bank for LME Clear

HSBC has been mandated as the sole offshore RMB concentration bank for LME Clear, the clearing house for the London Metal Exchange (LME) market.

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FCA authorises Instinet as payment institution

Instinet Europe Limited (Instinet) today announced that it has received regulatory authorisation from the FCA as a Payment Institution.

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Shinhan Bank certified by Swift for corporate servicing

Swift announces that Shinhan Bank has recently been awarded an advanced bank-readiness certification from Swift.