Latest Cash management News: Finextra Research

EBAday 2020: Cash visibility still an issue for corporate treasurers in 2020

Today, non-bank entrants such as PSPs and TPPs are entering the payments space to tap in to the lucrative and stable business that is transaction banking. To remain competitive and avoid disintermediation, financial institutions must support legacy core banking infrastructure and a resource-intensive, scalable delivery model – success is tied to relevancy in the corporate market and ensuring clients’ problems are resolved.

26 November 2020

Company update/Cash management

Emirates NBD unveils next-generation global corporate banking platform, ‘businessONLINE’

Emirates NBD, a leading bank in the Middle East, North Africa and Turkey (MENAT) region and a front-runner in digital banking solutions, has unveiled its next-generation global corporate banking platform, ‘businessONLINE’.

26 November 2020

News/retail

EBAday 2020: Are banks failing customers?

The question of whether banks are failing to provide the services customers expect was the subject of a heated panel debate during a lunchtime roundtable on Day Two of EBAday.

26 November 2020

Company update/payments

Lunar Bank to optimise liquidity and manage risk on FIS private cloud platform

Denmark-based Lunar has selected a cloud-based treasury and risk management solution from financial technology leader FIS® (NYSE: FIS) to enable the mobile-only digital bank to optimize liquidity and manage risk as it continues its rapid expansion.

25 November 2020

Company update/people

Perativ names Brian Jorgenson senior advisor

Perativ Holdings Inc. ("Perativ"), a retail bank focused SaaS platform that replaces classic cash forecasting to drive breakthrough cost reductions and cash optimization in bank ATM and Branch cash distribution networks is pleased to announce that Mr. Brian Jorgenson has joined as a Senior Advisor.

24 November 2020

News/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

24 November 2020

News/security

Swift Community Update: Combatting the cyber threat

Whether you work at a bank or at the treasury desk of a large corporate, most of us are working remotely and becoming increasingly dependent on digital processes. This dependence can increase vulnerabilities to cyber attacks.

20 November 2020

Company update/payments

Gresham Technologies welcomes Data-Xchange to partner ecosystem, extending presence in SSA region

Leading global fintech Gresham Technologies Plc (Gresham) has announced that consultancy firm Data-Xchange Technologies (Pty) Ltd (Data-Xchange) will become a full distribution partner for Gresham in Sub-Saharan Africa (SSA), as the region looks to move away from legacy technology systems towards sustainable automation in this digital era.

20 November 2020

Company update/Cash management

Deutsche Bank opens cash management business in Australia

Deutsche Bank has added to its global network of Cash Management locations with the establishment of a new business in Australia.

11 November 2020

Company update/people

Former SmartStream COO Schiebl joins Gresham as group business development director

Dr. Christian Schiebl, formerly Chief Operating Officer of SmartStream and CEO of the Corona reconciliations business, has joined leading global fintech Gresham Technologies plc (Gresham) as Group Business Development Director.

10 November 2020

Company update/Cash management

Denmark’s Export Credit Agency to install Calypso treasury package

Calypso Technology Inc., a leading provider of cloud-enabled capital markets and investment management software, together with Visigon, a Nordics consultancy firm with deep Capital Markets experience, announced that EKF, Denmark’s Export Credit Agency, selected the Calypso Treasury Solution via an extensive EU public tender process to provide a complete straight-through-processing solution.

03 November 2020

Company update/retail

Bankmed goes live with Acumen-net

Profile Software, a leading international financial solutions provider, announced today that Bankmed, one of the largest banks in Lebanon, went live with Acumennet by Login SA, a Profile Company, as their Group wide Treasury platform, embarking on a major digital transformation to help the bank deliver faster services across users and customers.

29 October 2020

Company update/retail

Cashforce unveils software platform

Cashforce, a leading Cash Forecasting & Working Capital Analytics software provider, has announced it is launching “Cashforce NextGen,” a new software platform leveraging years of experience in delivering data-driven cash forecasting.

22 October 2020

Company update/payments

BofA adds three new APIs to CashPro treasury product

Bank of America is supporting the increasing demand for real-time information and processing in corporate treasury with the launch of three new APIs (application programming interface).

07 October 2020

News/payments

2010 revisited: Banks have learnt how to not leave their customers behind

As Sibos 2020 continues, we look back to some of the predictions and forecasts made in 2010 and pick through what other lessons can be learnt from the post-financial crisis world to inform strategy in the not dissimilar economic environment of today.

06 October 2020

Company update/payments

SocGen eases treasury management with new virtual accounts offer

Societe Generale launches a new virtual accounts offer. Targeting large European corporates, this bespoke solution makes treasury management easier through the improved identification and monitoring of payments.

06 October 2020

News/payments

2010 revisited: Banks' response to crisis today is more proactive than in 2008

As Sibos 2020 kicks off, we look back to some of the predictions and forecasts made in 2010 and pick through what lessons can be learnt from the post-financial crisis world to inform strategy in the not dissimilar economic environment of today.

05 October 2020

Company update/payments

National Bank of Bahrain goes live with Finastra Fusion Kondor

National Bank of Bahrain is live with the latest version of Fusion Kondor, Finastra’s treasury management solution.

30 September 2020

Company update/Cash management

BNY Mellon enters cash management collaboration with GTreasury

BNY Mellon today announced a new venture that will enable clients to access the market-leading cash management and payment capabilities of treasury management services provider GTreasury.

28 September 2020

Company update/covid-19

HSBC launches B2B digital platform

HSBC today officially launched HSBC VisionGo (www.visiongo.hsbc.com.hk), a business-to-business (B2B) digital community platform for all SMEs, startups and prospective entrepreneurs, scaling up its digital capabilities to offer more than banking support for the Hong Kong business community.

24 September 2020