Cash management

153 articles tagged with this keyword

/payments

Morgan Stanley invests $20m in NovoPayment

Morgan Stanley Expansion Capital has invested $20 million in embedded financial and payment infrastructure service provider NovoPayment.

/payments

Treasury management platform Agicap closes on €45 million Series C

French treasury management platform Agicap has closed on a €45 million Series C funding round led by AVP.

/wholesale

Standard Chartered and Ant International use blockchain for settlement of treasury transactions

Standard Chartered has used Ant Internal's Whale blockchain platform to deliver settlement of HKD-denominated intra-group transactions between various ANT entitites.

/payments

Citi Token Services for Cash goes live

Citi's Token Services for Cash has gone live, enabling institutional clients to move money between branches around the world 24/7.

/payments

DBS tokenizes treasury management for Ant International

Singapore's DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management.

/startups

‘Real money to be made’ in treasury management says Bound CEO

Opening the final day of Money 20/20 Europe was a session exploring whether treasury management is broken.

/payments

NextGen Nordics 2024: Untangling Request-to-Pay

In a panel session discussing the current state of play of Request-to-Pay in the Nordics, Finextra’s head of research Gary Wright spoke with Per Nilson, business development manager at Bankgirot, Anders Olofsson, head of PaaS at Tietoevry Banking, and Paul Francis Walvik-Joynt, senior vice president of real-time payments at Mastercard.

/wholesale

SMB financial management platform Mimo raises £15.5m

Mimo, a platform designed to simplify business-to-business payments, has raised £15.5 million in an investment round led by Northzone.

/payments

Greggs storefronts reopen after payment processing issues

UK bakery chain Greggs was forced to temporarily close several stores due to payment processing issues, following similar issues faced by other UK retailers over the weekend.

/payments

NextGen Nordics 2024: Top Nordics payments stories you’ve missed this year

Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics and much more.

/payments

Swedish central bank calls for legislation to protect cash

Even as cash usage continues to fall in Sweden, legislation is needed to ensure that people can pay with notes and coins, says the central bank governor.

/payments

Ebury explores £2bn London listing

Ebury, the Banco Santander-backed provider of corporate banking services to SMEs that trade internationally, is investigating a London IPO at a £2 billion valuation, according to Bloomberg.

/wholesale

Treasury management fintech Embat raises €14.7 million

Madrid-based treasury management startup Embat has raised €14.7 million in a Series A funding round led by Creandum, an early backer of fintech success stories Trade Republic, Klarna, iZettle and Pleo.

/payments

NEO moves out of the red

NEO, the Barcelona-based cross-border payments and FX fintech, has reached profitability three years after launch.

/startups

Vitt raises funds; launches treasury product

London-based cash management fintech Vitt has raised additional financing, bringing the total raised to $16 million in equity and debt in a round led by Better Tomorrow and Speedinvest.

/payments

HSBC tests tokenised deposit platform for global treasury payments

HSBC has successfully tested the use of tokenised deposits in intra-group treasury transactions using blockchain technology provided by China's Ant group.

/payments

NAB implements cash management tech from Trovata

National Australia Bank is using technology from portfolio company Trovata to launch a new AI-enabled cash management, analytics and forecasting platform, NAB Liquidity+.

/people

Citi seeks global head of instant payments

Citi is recruiting for a senior executive to build a strategy for instant payments globally within its treasury and trade Solutions business (TTS).

/startups

ING to sell 85% stake in fintech spin off Cobase to Alpha Group

UK-based Alpha Group is to acquire 85% of Cobase, an ING-nurtured fintech that enables corporates to manage their banking relationships, accounts and transactions in one interface.

/inclusion

FCA to take ‘balanced’ approach in access to cash regime

Through the Financial Services & Markets Act 2023 (FSMA), the UK parliament has given the FCA the power to seek to ensure reasonable provision of cash deposit and withdrawal services for personal and business current accounts in the UK or part of the UK.