by Kylene Casanova
The recent Retail Bank Research report on the merchant points accepting cards showed that there are 31 million card accepting outlets world-wide. Visa and MasterCard cards are accepted at over 27 million outlets, fa
by Kylene Casanova
Companies world-wide are wasting millions each year through the inefficient use of working capital. An effective total working capital programme requires the involvement of the whole company. The Volvo Group 'Cash f
by Kylene Casanova
The trend to integrated business processes continues. OB10, a leading e-Invoicing network, today announced a strategic partnership with Infosys BPO, the business process outsourcing subsidiary of Infosys Limited. Th
by Kylene Casanova
Demica, a provider of specialised working capital solutions, in their latest Research Report - issue no. 17 - based on input from a number of top European banks and building on their models already applied at the lo
by Kylene Casanova
BELLIN provides a two layer technology within their tm5 system. The front layer is the treasury management system(TMS). Whenever a payment is entered and approved in the system, tm5 transfers the information to the
by Kylene Casanova
Standard Chartered Bank (China) Limited first foreign bank for a RMB denominated loan quota
by Kylene Casanova
Although there has been a move to other currencies in the past 10 years, much of the Asia-Pacific's trade, including intra-regional flows, is still invoiced, and settled in USD. And some are settled in EUR.
by Kylene Casanova
Centralizing and standardising payroll payments is not easy, legislation in most countries requires payments to be made from a local bank account and also many companies use a payroll processor to manage and adminis
by Kylene Casanova
Symantec, the US-based security software developer, has unveiled five most important security issues they expect to appear in 2013:
by Kylene Casanova
n his excellent article in WIRED (http://www.wired.com/gadgetlab/2012/11/ff-mat-honan-password-hacker/), Mat Honan described how his digital life was deleted by hackers who used his Apple account to wipe every one o
by Kylene Casanova
RTS Realtime Systems Group (RTS), a global trading solutions provider, and Squared Financial Services Limited, a broker offering ECN-style trading across a broad mix of liquidity pools, announced today that they had
by Kylene Casanova
Data leakage risk is a significant issue for consumers, companies and governments alike. According to the 2011 Global Cost of Data Breach Study1, costs of data breaches vary depending upon the type of data breach an
by Kylene Casanova
Cambridge Mercantile Group, a global payment services' provider with offices world-wide, have launched a new platform, Automated Payables Solutions (APS), which will help corporations move from cheques to electronic
by Kylene Casanova
EBA Clearing, a major Pan-European payment infrastructure solutions provider, has introduced new optional services on the STEP2 platform to meet the requirements of its users for the single euro payments area (SEPA)
by Kylene Casanova
In a little over a year since its launch, HSBC's corporate mobile banking service has been used to authorise USD6 billion worth of payments worldwide, including a single payment of USD50m. This is another example of
by Kylene Casanova
In most countries at the end of each accounting period banks must provide statements and other reports. The electronic USA BAI statements and MT940 SWIFT statements mostly do not comply with countries reporting stan
by Kylene Casanova
Companies have to implement significant changes to their operational models to move to SEPA. They have to invest in system upgrades, testing and staff training. The scope of the changes is extensive.
by Kylene Casanova
Square is being installed in all Starbucks US stores, iZettle launches in UK, and PayPal is going global with their mobile solution. However, collecting payments from mobile phones is still not that easy, as the rec
by Kylene Casanova
The UK's Faster Payments Service was introduced in 2008 with a focus on personal payments and standing orders. The ACH based system, which clears and settles within a couple of hours (and normally much less), proces
by Kylene Casanova
Standard Chartered today announced the launch of the Standard Chartered Renminbi Globalisation Index (RGI) – the first industry benchmark that effectively tracks the progress of Renminbi-based business activity worl
by Kylene Casanova
Bloomberg has launched an App Portal that gives its 315,000 desktop terminal subscribers' access to applications created by third party developers.
by Kylene Casanova
ACL announced today the launch of ACL™ Importer, an ACL™ Desktop 9.3 add-on that harnesses the proven capabilities of Datawatch Monarch™ from Datawatch, a leading provider of information optimization software. ACL I
by Kylene Casanova
Standard Chartered Bank's Singapore unit has unveiled a payment card featuring an embedded security token for online transactions to comply with the Association of Banks in Singapore plans to start issuing on-line t
by Kylene Casanova
Global cash management at Statoil, the international energy company with operations in 37 countries, is vast and complex:
