Cash management

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/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.

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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.

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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.

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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).

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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.

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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.

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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.

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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.

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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.

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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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Bank of America adds data capture facility to CashPro Trade

Bank of America Merrill Lynch today announced that its trade finance processing application, Bank of America Merrill Lynch CashPro Trade, is now powered with innovative technology to assist clients with document identification and retrieval.

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Reval corporate cloud hooks up with Swift

With a new agreement between SWIFT and Reval, corporate treasury teams using the Reval Cloud Platform for automated cash and liquidity management can now join the SWIFT messaging network to connect their bank accounts anywhere in the world.

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European cash processing needs 'root-and-branch' reform

Despite the rise of electronic payments, the volumes of notes and coins in circulation in Europe continues to rise, making it vital to carry out root and branch reform of cash cycles to tackle chronic inefficiencies, says G4S.

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SAP Ariba bids to transform financial supply chain in partnership with Prime Revenue

When it comes to global supply chains, the physical and financial are inextricably linked. The health of one depends on the other.

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Deutsche Bank and Bank of China implement interbank host-to-host platform for Bosch China

Deutsche Bank and Bank of China today announced the implementation of an interbank host-to-host platform between the two banks to provide cash management services to Bosch China.

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Afex opens office in Madrid

Afex, one of the world’s largest non-bank providers of global payment and risk management solutions, has announced the opening of a new office in Madrid.

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Cross-industry initiative establishes standard definitions for supply chain finance

A new set of definitions launched today will help address the global need for a common understanding of terminology, nomenclature and techniques related to supply chain finance.

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Gresham results show 2015 progress

Gresham Computing plc, a leading provider of real-time transaction control and enterprise data integrity solutions, is pleased to announce its results for the financial year ended 31 December 2015.

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B2 Group announces multi-bank integrator for Africa

The B2 Group, provider of financial systems integration solutions announced today, its advanced Multi-Bank Integrator automated banking platform for corporate cash and treasury management will now integrate with a number of African banks.

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US Bank treasury management app available on Android

U.S. Bank’s Mobile SinglePoint app is now available for Android users, giving the bank’s business clients a secure and convenient way to manage their company’s day-to-day treasury functions while away from the office.