Cash management

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/Cash management

Brexit to drive corporate banking shake up

Saxo Payments says the UK's exit from the European Union could have a devastating impact of bank-to-corporate relationships, with one-third of companiess surveyed by the bank considering moving their operations out of Britain when Article 50 is triggered.

/Cash management

Corporates want banks to deliver payment standardisation

A new Nordea report focusing on the future of the corporate and business-to-business payments landscape, including the changing role of banks and the impact of new technology, has shown that a lack of industry standardisation is a key concern among businesses.

/Cash management

BMO offers Interac bulk disbursement services to business customers

Interac Association/Acxsys Corporation announced today that BMO (Bank of Montreal ) is now offering Interac e-Transfer Bulk Disbursement, an extension of Interac e-Transfer, to its commercial customers.

/Cash management

Raiffeisen Bank Romania implements Allevo tech for corporate Sepa compliance

Raiffeisen Bank Romania, in its continuous efforts to be one step ahead of competition and offer world class services to their business clientele, chose to offer its corporate customers a plug and play solution for ensure compliance to SEPA regulations.

/Cash management

Citi launches API for corporate treasurers

Citigroup has launched an API for payment initiation, payment status, and account balance inquiries at corporate treasury workstations and enterprise resource platforms.

/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

Standard Chartered debuts API sandbox for corporate community

Standard Chartered has launched an Open Banking Application Programming Interface (API) Developer Portal with an initial focus on its transaction banking business.

/Cash management

Citi ditches physical tokens for app-based login to corporate platforms

Citi is replacing physical tokens with an app-based mobile log-in for authentication of corporate treasury professionals logging in to the bank's online platforms.

/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.

/Cash management

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.

/Cash management

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.

/Cash management

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

JP Morgan opens virtual business branch in Indonesia

JP Morgan is opening a virtual business branch in Indonesia, using technology to expand its geographic reach without having to buy real estate.

/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.

/Cash management

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.

/Cash management

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.