Treasury News Network

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Payments - Receipts at POS

ECB survey: non-cash payments on the rise in EU

by Kylene Casanova

More than 90 billion non-cash payments were made in the EU last year, nearly five per cent up on 2010 thanks to rising use of credit and debit cards, according to European

Working Capital Management

Numerex launches Supply Chain Solutions Portfolio

by Kylene Casanova

Numerix Inc. launched their horizontal, Supply Chain Management solutions portfolio, which enables enterprise customers to optimize their inventory management.

Payments - Disbursements

MoneyGram now covers Bosnia and Herzegovina

by Kylene Casanova

MoneyGram (MGI), a leading global money transfer company announced today it is entering Bosnia and Herzegovina, the second-largest send and receive remittance market in Eastern Europe,


VistaOne Solutions Releases Solvency II Compliance Software

by Kylene Casanova

VistaOne Solutions, a global leader in providing financial data management, reporting and distribution services, today announced the release of vSolvencyIIä, providing end-to-end governance for Europe and UK insuran

Trade & FSC Management

Citigroup announces new European commodity trade division

by Kylene Casanova

Citigroup has created a new commodity trade division to conduct business in Europe as it seeks to take advantage of the decisions of several other banks to reduce exposure to the area, the Financial Times reports.

Dealing & Trading

Citi rolls out suite of intelligent options algos

by Kylene Casanova

The new intelligent option algorithmic functionality expands upon Citi's existing Option DMA and Option Algo Order Types. All of these strategies utilize Citi's proprietary smart routing logic, which provides client