Cash management

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/Cash management

Vodafone and Walmart in Indian M-Pesa tie-up

Vodafone India has struck a deal with Walmart to enable small firms that use the US retail giant's wholesale stores to make payments through M-Pesa.

/Cash management

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.

/Cash management

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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Corporate banking the next frontier for mobile payments - HSBC

With mobile banking firmly entrenched in the consumer space, the industry is on the brink of another revolution in the B2B sector, as corporate treasury professionals slowly begin to discard decades-old methods of transferring funds in favour of payments executed on smartphones and tablets, figures from HSBC show.

/Cash management

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.

/Cash management

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.

/Cash management

Worldline to process ING Belgium’s SDDs on MyBank eMandate solution

ING Belgium is collaborating with payments processor, Worldline, to implement the eMandates function from MyBank, in order to process SEPA Direct Debits (SDDs).

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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.

/Cash management

Mobile corporate banking stalled by talent and budget shortfall

The roll-out of mobile banking products for corporates is high on the agenda for most banks, but lack of in-house knowledge and budgets is inhibiting the industry's ability to go to market, according to research conducted by the bank-backed Mobey Forum

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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.

/Cash management

EBAday attracts global focus; exhibition sells out

Europe's premier payments conference, EBAday, is taking on an increasingly global flavour as the quest for instant funds transfers brings representatives from the Federal Reserve, The Clearing House and Ripple to the podium.

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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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CBA unveils Albert tablet payment device

Commmonwealth Bank of Australia (CBA) is making a move into the point-of-sale hardware market, teaming up with German tech firm Wincor Nixdorf and Ideo to launch a seven inch Android-based tablet system dubbed Albert.

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Canada's D+H agrees $1.25bn Fundtech acquisition

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.