Liquidity management – the rise of the virtual account
Virtual accounts have now gained an amount of traction, with lots of discussion and successful case studies.
cash management
Cash management – trends and priorities
While real-time data remains an ideal, the cash management process needs first to adapt to expanded ecosystems and networks.
Treasure Financial and Grasshopper Bank team up to improve financial visibility for businesses
The new platform will allow businesses to optimise the rate they’re generating on their cash balances.
Nordic bank SEB to automate billing ops globally with SunTec
SunTec’s Xelerate platform will digitise SEB’s sales process globally.
Stop running out of cash
With the right approach and clever outsourcing, cash management becomes a success for FIs.
Corporate banking’s biggest challenges in 2021, and how to solve them
Three key areas of focus are cash management, working capital, and trade finance.
iGTB and R3 join forces for blockchain-based fintech platform
Focusing on trade finance/supply chain finance, payments and cash management, and central banking.
Gresham extends ANZ deal for five years
The deal aims to improve digital banking experience for ANZ’s corporate customers.
Top fintech stories this week – 17 November 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Top tier US bank in cash management tech revamp with Temenos and Finastra
EXCLUSIVE: A top tier US-based bank is modernising its global cash management ops with technology from Temenos and Finastra (formerly D+H Corporation).
Lloyds Banking Group in major paytech overhaul with SAP
UK-based Lloyds Banking Group is modernising its payments technology for corporate and institutional clients with SAP. The bank has signed for SAP’s cash management and payments platform, powered by SAP HANA.
Banks Banking on APIs for Payments and Beyond
Facing increased competition from financial services upstarts and tech firms, banks are doubling down on application programming interfaces (APIs) as a competitive tool, a new report shows.
Fiserv acquires cash management software vendor Online Banking Solutions
Online Banking Solutions (OBS), an Atlanta-based provider of cash management software, is being taken over by banking tech giant Fiserv.
SmartStream’s Corona Cash & Liquidity gains new live site, Raiffeisen Bank International
Austria’s Raiffeisen Bank International (RBI) has gone live with new cash and liquidity reporting software, SmartStream Technologies’ Corona. The bank has taken “a proactive approach to Basel III” – being the first in the region to do so, said the vendor. The new centralised solution will help to monitor and manage cash positions on an intraday basis, throughout the RBI group.
New cash and liquidity management system at Bank Mendes Gans
A Dutch international cash management services specialist, Bank Mendes Gans (BMG), is implementing a new cash and liquidity management system, SmartStream’s Corona. It will go live in Q4 2016, managing BMG’s 500,000 transactions per month.
New fintech platform for cash savings launched by ex-Merrill Lynch directors
Two former Merrill Lynch directors, Paul Richards and Giles Hutson, have unveiled a new fintech venture, Insignis Asset Management. Insignis, a cash management company, is set “to revolutionise how clients manage their cash deposits”, the founders say. The Insignis Digital Banking Network will enable clients to deposit cash, starting from £100,000, into a hub account, […]
Deutsche Bank and Bank of China partner for cash management
Deutsche Bank has become the first foreign bank in China to establish host-to-host connectivity with Bank of China, as part of the project to deliver international cash management (ICM) services to corporate clients. The two banks have implemented an interbank host-to-host platform, with the first customer – Bosch China – already on-board. The project commenced […]
Jefferies adopts TwoFour Systems cash management tools
Global investment bank Jefferies has chosen a cash management solution from software firm TwoFour Systems for its UK and US-based Jefferies Bache Treasury business, to help it keep better track of its business processes.
