Reconciliation

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/payments

Allevo finalises and open sources Whizzer Project for invoice and payments reconciliation

Allevo, with the support of a grant from Iceland, Liechtenstein and Norway through the EEA and Norwegian Financial Mechanisms 2014-2021, in the frame of the Program “SMEs Growth Romania”, successfully finalized the Whizzer project, as per the 2018/115906 contract, on November 29th 2021.

/payments

Standard Chartered taps SAP to support API connectivity for corporate to bank transactions

Standard Chartered has tapped the SAP Multi-Bank Connectivity solution and joined as a member bank, aiming to offer an enhanced experience to corporate clients in meeting their transactional banking needs, simplifying the onboarding process, and delivering both traditional and new banking services in real time.

Stripe to buy payments reconciliation outfit Recko

/payments

Stripe to buy payments reconciliation outfit Recko

Stripe has agreed to buy Recko, an Indian outfit that provides payments reconciliation software for internet businesses. Financial terms were not disclosed.

/markets

Caseis brings machine learning to reconciliation with Cardabel

As a leading European asset servicing group, CACEIS is fully committed to digital transformation.

/startups

Spend and procurement platform PayEm emerges from stealth with $27m in funding

PayEm, the global spend and procurement platform for high-growth and multinational organizations today announces $27M in funding.

/markets

Askrindo Indonesia selects FSS for smarter reconciliation

FSS Technologies Singapore Pte Ltd., a globally leading provider of integrated payment products and a payments processor, today announced Askrindo, a market leader in Indonesia’s general insurance industry, has implemented its Smart Recon solution to modernize and maximize the efficiency of its reconciliation operations.

EBAday 2021: Payments innovation and the benefits cascading down the waterfall model

/payments

EBAday 2021: Payments innovation and the benefits cascading down the waterfall model

EBAday 2021 has flown by, and the sessions throughout day three of the event served to build on the momentum from day one and two. Another punchy strategic roundtable addressed the need for industry-wide collaboration to drive payments innovation, while two boisterous chatrooms tackled the weighty subjects of Open Banking, CBDCs and stablecoins.

/markets

Evenlode Investment Management automates position reconciliations with Fund Recs

Fund Recs today announced that Evenlode Investment Management, the UK based Investment Manager, has gone live on Fund Recs Velocity platform to automate position reconciliations.

Refreshing Payment Orchestration for a digital future

/Reconciliation

Refreshing Payment Orchestration for a digital future

420 downloads

BNY Mellon taps RTP network for digital bill-pay play

/payments

BNY Mellon taps RTP network for digital bill-pay play

BNY Mellon is taking advantage of The Clearing House's RTP network for a new real-time electronic bill and payment service.

Boost raises $22m to digitise B2B payments

/payments

Boost raises $22m to digitise B2B payments

B2B payments player Boost Payment Solutions has raised $22 million in a Series C funding round led by Invictus Growth Partners.

/payments

Omnio selects AutoRek for reconciliation

Scottish fintech company, AutoRek, a leading software provider to global financial services firms, is proud to announce Omnio as the latest addition to its expanding list of digital banking/payments clients.

/payments

SmartStream launches AI enabled platform for managing complex data

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider today announces the launch of TLM Aurora Universal Data Control - driven by client demand - it is the only solution of its type to match any reconciliations data, from basic to complex matching by enabling AI, machine learning and cloud-native technology.

/people

Clearwater Analytics adds Jacques Aigrain to board

Clearwater Analytics, an industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting, announced today that it has appointed global industry veteran, Mr. Jacques Aigrain, to its Board of Directors.

/wholesale

GTreasury buys Coprocess

GTreasury, a treasury and risk management platform provider, today announced the acquisition of Coprocess, the leading provider of intercompany netting solutions.

Citi picks Volante for global ISO 20022 migration

/wholesale

Citi picks Volante for global ISO 20022 migration

US banking giant Citi is enlisting Volante Technologies to accelerate its adoption of the ISO 20022 financial messaging standard across its global payments operations.

EBAday 2020: Banks’ plumbing still needs work before ISO 20022 migration

/payments

EBAday 2020: Banks’ plumbing still needs work before ISO 20022 migration

Diving into the ‘Unlocking customer value through ISO 20022’ session on day three of EBAday 2020, Guy Moons, head of enterprise payments solution, FIS, believes that the migration toward ISO is as revolutionary to the economy as going from a black and white television to a smart TV.

EBAday 2020: It’s do-or-die time for real-time payments

/payments

EBAday 2020: It’s do-or-die time for real-time payments

Launching into the session ‘Reaping the potential of real-time payments’, Dean Wallace, director of real-time payments, digital and request to pay, ACI Worldwide argues that the expectations of the market will only continue to evolve, pressuring financial institutions to finalise their real-time payments (RTP) strategy.

/people

Former SmartStream COO Schiebl joins Gresham as group business development director

Dr. Christian Schiebl, formerly Chief Operating Officer of SmartStream and CEO of the Corona reconciliations business, has joined leading global fintech Gresham Technologies plc (Gresham) as Group Business Development Director.

/payments

Novalnet taps Banking Circle for payments setttlement and reconciliation

Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world.

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