Latest Cash management News: Finextra Research

Citi Commercial Bank launches digital client platform

Citi has launched a digital client platform for its commercial bank customers, bringing together all of its products and services in one place.

11 July 2023

News/payments

JP Morgan launches Payment Partner Network

JP Morgan has unveiled its Payments Partner Network, a B2B digital marketplace, powered by Salesforce, that allows the bank's merchants and corporate treasury clients to tap into an ecosystem of third party integrations for their end-to-end payments and working capital needs.

02 June 2023

News/payments

UK's cashless transition under the microscope as Payments Choice Alliance pushes back

The UK is gearing up to follow the footsteps of Norway and Sweden as an increasingly cashless society given the sparse usage of cash post-pandemic. London in particular has become a hub for online payments, with a significant number of retailers no longer accepting cash. The transition was intensified by the need to socially distance during the pandemic, as the usage of e-wallets and digital transactions has accelerated.

12 May 2023

News/wholesale

Former Penta founder Holzbach steps into SVB breach

With the collapse of Silicon Valley Bank top of mind for tech companies, former Former Penta founder Jessica Holzbach has resurfaced with with Pile, a timely new treasury package for high growth startups and venture funds.

22 March 2023

News/payments

AFP 2022: 'L word', a top topic for today’s treasurers

To borrow a sports metaphor, for businesses, liquidity is the ‘name of the game’.

28 October 2022

News/payments

AFP 2022: PNC ‘punches above its weight’ as pioneer in US instant payment transactions

It’s a very busy time for banks and technology providers. With new payment rails finally gaining ground from traditional transaction methods, everybody’s talking about enriching and improving the efficiency of the customer experience.

26 October 2022

News/Sibos

Sibos 2022: Mastercard showcases Global Treasury Intelligence

Mastercard has launched a new platform to help corporate treasurers keep track of payment flows across multiple business lines.

10 October 2022

News/sustainable

What is the future of sustainable banknotes?

While there have been countless, ground-breaking developments in digital banking in recent years, cash remains the most used legal tender on the planet. Therefore, we need to consider how can we make cash as green as possible.

07 October 2022

News/payments

Goldman Sachs expands Transaction Banking to Europe

Goldman Sachs is opening its API-based Transaction Banking (TxB) platform to corporates in the European Union.

21 September 2022

News/wholesale

Banks choosing to build and not buy tech, suggests survey

Corporates' demands for digital services are leading a majority of corporate banks to look in-house when building their technology stack, according to recently published research.

20 July 2022

News/payments

Deutsche Bank and FinLync enable real-time treasury for corporates

Deutsche Bank has partnered with fintech firm FinLync to utilise pre-built API integrations and SAP-embedded treasury applications to allow for connection between corporate teams, in real-time.

20 May 2022

News/startups

SocGen launches payment and transaction banking accelerator programme

Societe Generale has launched an accelerator programme for startups working in trade finance cash management, factoring and correspondent banking.

19 April 2022

News/wholesale

Citi joins with IntraFi for corporate liquidity management service

Citi has partnered with IntraFi Networks to introduce an automated system which allows institutional clients to sweep cash into deposit accounts at US branches of non-US banks.

15 March 2022

News/wholesale

SC Ventures rolls out supply chain finance platform

SC Ventures, Standard Chartered’s fintech investment and ventures arm, has launched Trade and Supply Chain Connect (TASConnect), a bank agnostic supply chain finance platform based out of Singapore.

15 February 2022

News/wholesale

Capital One partners Trovata to automate cash management for corporate clients

Trovata, a US startup specialising in automating cash workflows through multi-bank API data aggregation, has scored a distribution agreement with Capital One.

31 January 2022

News/Sibos

Sibos 2021: What will Industry 4.0 and 5.0 mean for the financial sector?

Opening Swift Innotribe’s red thread – Banking on Change – on day one of Sibos 2021, was theoretical physicist, futurist and science communicator, Dr Michio Kaku. Known best for his seminal work on string theory, Kaku analysed science’s contribution to wealth generation since the first industrial revolution, and made predictions as to how further technological innovation, particularly artificial intelligence (AI), will steer the financial services sector through the fourth and fifth industrial revolutions, this century.

11 October 2021

News/people

Deutsche Bank culls Dublin workforce

Deutsche Bank has announced plans to axe as many as 450 full time and contractor roles in its Dublin office.

06 July 2021

News/payments

EBAday 2021: Modernisation, a catalyst for payments utopia

With day two now under our belt, we are only just beginning to digest the eyewatering number of insights shared across six panel sessions, two roundtables, a lively chatroom forum and of course, non-stop networking on the EBAday platform.

29 June 2021

News/payments

EBAday 2021: Payments transformation and the road to success

Finextra Research and the Euro Banking Association today welcomed the global banking community to EBAday 2021. Running from 28-30 June, the virtual conference is being led by some of the most influential leaders and practitioners in the financial services sector, and dives into the current and future trends of the European and international payments landscape – as well as the latest developments across digital banking, liquidity management, open banking, real-time payments, and more.

28 June 2021

News/wholesale

Goldman Sachs to disrupt UK transaction business market

Goldman Sachs has launched Transaction Banking (TxB) in the UK, expanding the business which was successfully launched in the US last year.

21 June 2021