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/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.

JP Morgan opens virtual business branch in Indonesia

/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.

/Cash management

HSBC joins $23m Series D funding round for treasury management outfit Kyriba

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.

/Cash management

Citi bolsters its custody offering

Citi has further enhanced its Integrated Custody program with extended cut-off times for global custody accounts serviced from London, Luxembourg and New York.

/Cash management

Union Bank of the Philippines chooses D+H cash management tech

DH Corporation (DH.TO) ("D+H"), a leading provider of technology solutions to financial institutions globally, today announced that Union Bank of the Philippines ("UnionBank"), which provides banking products and services to more than 7,000 corporate clients, has entered into an agreement with D+H to provide it with a suite of cash management solutions.

/Cash management

Glory Global Solutions buys Russian cash management tech outfit In-Tech

Glory Global Solutions (Holdings) Limited, a wholly owned subsidiary of GLORY Ltd. [TYO:6457], has acquired 100% of the issued share capital of In-Tech LLC, a leading supplier of cash management technologies to the Russian banking and retail sectors, from ITG (INLINE Technologies Group).

/Cash management

NRI launches ASP management system for bonds, OTC derivatives and cash management

Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, today announced the launch of VOLCS, an ASP (Application Service Provider) multipurpose management system for financial institutions.

/Cash management

Ripple and Expertus team up for blockchain testing service

Expertus and Ripple, today announced that they have launched a Pilot Program for Financial Institutions that want to test the capabilities of blockchain and Ripple distributed financial technology.

/Cash management

PowertoPay gains Swift corporate cash management label

The certification allows PowertoPay to incorporate SWIFT’s Alliance Lite2 into its business applications for corporate treasury customers.

/Cash management

Barclays provides £1 million venture funding to AccessPay

Barclays have cemented their strong working relationship with AccessPay, by providing a £1m loan to help the innovative Manchester fintech company explore further growth opportunities.

/Cash management

Reval arrives on Oracle cloud

Reval, provider of a treasury and risk management application and Gold level member of Oracle PartnerNetwork (OPN), today announced that its treasury and risk management application is now available in the Oracle Cloud Marketplace.

/Cash management

Swift signs up 29 new corporates in Asia pacific

SWIFT announces that 29 new corporates in Asia Pacific had joined the co-operative from May 2015 to December 2015.

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