Cash management

153 articles tagged with this keyword

All articles with this keyword
Apply Cancel
SocGen and Kyriba co-develop cloud-based treasury management system

/cloud

SocGen and Kyriba co-develop cloud-based treasury management system

Societe Generale has joined forces with Kyriba to develop a new cloud-based treasury management system.

Santander launches digital cash management service

/payments

Santander launches digital cash management service

Santander has teamed up with Prosegur Cash to launch an in-store digital cash management service in Spain that puts the notes and coins merchants accept straight into their bank accounts.

HighRadius hits $3.1bn valuation

/wholesale

HighRadius hits $3.1bn valuation

HighRadius, a startup specialising in AI-powered order-to-cash and treasury management software, has hit a $3.1 billion valuation off the back of a $300 million Series C funding round led by D1 Capital and Tiger Global.

HSBC launches mobile business bank for UK SMEs

/payments

HSBC launches mobile business bank for UK SMEs

HSBC has launched a mobile banking offshoot, Kinetic, to cater to the needs of the UK business community.

Wells Fargo leads $20m Series A for cash management startup Trovata

/wholesale

Wells Fargo leads $20m Series A for cash management startup Trovata

Trovata, a US startup specialising in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, has raised $20 million in a Series A funding round led by Wells Fargo Strategic Capital.

IBM acquires Canadian payments outfit Expertus

/payments

IBM acquires Canadian payments outfit Expertus

IBM has acquired Canadian fintech Expertus as part of a strategy to extend its hybrid cloud offerings deeper into the AI and payments space.

Banco Sabadell lets biz customers make payments from accounts with other banks

/payments

Banco Sabadell lets biz customers make payments from accounts with other banks

Spain's Banco Sabadell is stepping up its use of Open Banking to enable business customers to make payments from its website using accounts held with other financial institutions.

Belgian banks enlist Auriga for shared ATM network

/retail

Belgian banks enlist Auriga for shared ATM network

Belgium's big four banks have called in vendor Auriga to manage their new network of bank-neutral ATMs.

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

/wholesale

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.

EBAday 2020: Are banks failing customers?

/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.

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

/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.

Swift Community Update: Combatting the cyber threat

/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.

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

/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.

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

/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.

Airwallex adds Deutsche Bank for cross-border collection and API-enabled FX services

/payments

Airwallex adds Deutsche Bank for cross-border collection and API-enabled FX services

Fintech unicorn Airwallex has turned to Deutsche Bank to help it provide virtual account collections and API-enabled foreign exchange services in in Japan and Hong Kong, respectively.

ING spin out Cobase welcomes Nordea and Crédit Agricole CIB as new shareholders

/payments

ING spin out Cobase welcomes Nordea and Crédit Agricole CIB as new shareholders

ING spin-out Cobase, a provider of multi-bank treasury management services, has raised €10 million in funding from Nordea and Crédit Agricole CIB.

Will SCA delays stall Request to Pay’s momentum?

/payments

Will SCA delays stall Request to Pay’s momentum?

Request to Pay (R2P) services originally scheduled to launch later this year have been expected to play a major part in transforming the UK and EU’s payments ecosystem.

Bank of America's Head of FIs GTS: Cash has increased in prominence as a security

/covid-19

Bank of America's Head of FIs GTS: Cash has increased in prominence as a security

Despite the assumption that the Coronavirus pandemic will prove the last nail in the coffin, Bank of America's head of financial institutions GTS believes demand for paper money as a security has in fact increased.

JP Morgan invests in cash management startup Trovata

/startups

JP Morgan invests in cash management startup Trovata

Trovata, a US startup specialising in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, has scored $4.3 million in funding led by JP Morgan.

Swift delays ISO 20022 cross-border payments migration

/payments

Swift delays ISO 20022 cross-border payments migration

Swift is to delay the original ISO 20022 migration date for cross border payments by 12 months, from November 2021 to the end of 2022, as banks struggle with decommissioning and preparing existing infrastructure for the transition.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept