Cash management

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/Cash management

PowertoPay earns Swift corporate cash management label

PowertoPay has been awarded the 2015 SWIFT Corporate Cash Management Label for the second consecutive year. All validations to qualify the PowertoPay Corporate Payment Hub for the Corporates Cash Management label have been completed and proven to be successful.

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Icap folds MyTreasury into EBS BrokerTec

EBS BrokerTec, ICAP’s market-leading electronic foreign exchange and fixed income business, announces that, in line with its multi-product expansion strategy it has combined MyTreasury into its product portfolio.

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HSBC names Eddie Norton head, payments and cash management, Europe

HSBC has appointed Eddie Norton as Head of Payments and Cash Management (PCM) for Europe.

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Geezeo secures deal with BankMobile

Geezeo, a fintech company that helps more than 370 financial institutions better engage consumers through its digital advisory platforms, today announced that it will power Personal Financial Management (PFM) for BankMobile, a digital-only division of Customers Bank in Wyomissing, PA.

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Volante Technologies launches VolPay Channel

Volante Technologies Inc., a global leader in the provision of financial message and data integration, validation and processing software, continues to challenge the current approach to payments processing dominated by legacy systems, by announcing today the launch of their latest payments processing product – VolPay Channel.

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Bank of Ceylon selects Intellect One treasury platform

Intellect Design Arena Ltd, a specialist in applying true Digital Technologies across Banking & Insurance, today announced that Bank of Ceylon (BOC), a leading foreign bank from Sri Lanka has chosen Intellect’s One Treasury Solution to drive end-to-end treasury management for their India operations.

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Nucleus Software reboots transaction banking platform

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced the launch of FinnAxia 2.0, the latest version of its next-generation transaction banking product suite.

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Kyriba extends treasury management sales to Middle East

Kyriba, the global leader in cloud-based Proactive Treasury Management, has launched its Middle East headquarters, based in Dubai.

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Isbank Germany licenses Surecomp trade finance package

Surecomp®, the leading global provider of trade finance solutions for banks and corporations, announced today that Isbank AG, the European arm of Turkey’s leading bank Türkiye Is Bankasi A.S., has licensed Surecomp’s state-of-the-art DOKA 5® trade finance system.

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B.A.S secures funding to expand into the US market with TreasuryXpress

B.A.S a leading provider in Cloud-Based Treasury Management Solutions, is pleased to announce a new round of financing funded by “Impact Fund” an international focused venture capital firm. Impact Fund will join Sigma Management and MEVP to support B.A.S expansion.

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Capital Advisors Group implements Linedata Compliance

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that Capital Advisors Group has implemented Linedata Compliance for its institutional separate account business.

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NCR reports Erste Bank Croatia deal

NCR Corporation (NCR), the global leader in consumer transaction technologies, announced today that Erste Bank Croatia, one of the three largest banks in Croatia, has chosen NCR and its channel partner, Printec, to improve availability as well as operation costs of its more than 600 ATMs.

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Flushing Bank signs for Hyosung branch transformation tech

Nautilus Hyosung America (Hyosung), the fastest growing supplier of ATMs in North America and the market leader in Branch Transformation solutions, today announced that Flushing Bank will be utilizing Hyosung’s cutting-edge branch transformation technology in its new branch in Uniondale, NY.

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Banking errors pushing Canadian companies to alternative finance providers

Poor service is pushing companies to look for alternative banking options, according to EY's global commercial banking survey: Advancing service in a digital world.

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HSBC names Lewis Sun head of payments and cash management, China

Lewis Sun has been appointed as Head of Payments and Cash Management (PCM) for HSBC in China, effective 12 February 2015. In his role, he will work closely with both HSBC’s Commercial Banking and Global Banking businesses to drive business growth in China.

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HSBC joins $21m Kyriba series c funding round

Kyriba, the global leader in cloud-based treasury management solutions, has completed a $21 million round of Series C funding.

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Blippar gets £1.5 million in financing from Barclays

Blippar, the image recognition and mobile augmented reality platform, is getting a £1.5m finance facility from Barclays Bank to support the working capital requirements of the business as it grows.

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Jhpiego selects Standard Chartered Straight2Bank mobile wallet

Standard Chartered's (SC) Straight2Bank mobile wallet service has won a new contract with Jhpiego, an international health organisation affiliated with Johns Hopkins University, to instantly disburse funds to its beneficiaries in Kenya. The SC corporate service has also been rolled out to Zambia, Tanzania and Bangladesh.

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RMB usage spreads beyond HK

The quarter share that Hong Kong had in the international renminbi market has fallen to 17% over the past two years, according to Swift’s latest RMB Tracker.

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SIA launches ‘Easy City’ e-invoicing platform in Italy

SIA has launched the ‘Easy City’ electronic e-invoicing and digital payments platform in Italty targeting the public sector, consumers and business.