Citi enhances Global Liquidity Network as Global Concentration Engine tops $1.5 trillion in monthly
by Kylene Casanova
The GCE platform today provides automated cash mobilization services in 84 countries
All posts
Citi Launches Citi Payment Exchange - a customized portal which combined with Citi‘s Working Capital
by Kylene Casanova
Citi has launched Citi® Payment Exchange, an integrated and flexible payment processing solution. Corporate clients can utilize the customized Citi Payment Exchange portal to implement the working capital strategies
FiREapps and Hedge Trackers partner to offer best-in-class end-to-end foreign exchange exposure mana
by Kylene Casanova
After a successful test programme over the last few months with a select group of shared clients, FiREapps is announcing a brand new strategic partnership with HedgeTrackers, LLC. This new partnership will leverage
Bank of America Merrill Lynch completes information reporting transition and adds enhancements to Ke
by Kylene Casanova
Bank of America Merrill Lynch today announced it has completed the transition of all existing information reporting clients from various older systems to its new CashPro Information Reporting system. These clients a
BofA Merrill Lynch unveils Supply Chain Module on electronic platform, Trade Pro®
by Kylene Casanova
BofA Merrill Lynch today unveiled its on-line supply chain finance module available on Trade Pro. Launched in March this year, Trade Pro is the trade processing application within CashPro® on-line, the online bankin
Citi to be first international bank to issue Commercial Cards in China
by Kylene Casanova
Citi China announced today the launch of its commercial cards programme in China by its Citi Transaction Services division, making it the first global bank to offer such capabilities to its large corporate and multi
Mobile payments are happening: Japanese and South Korean Telecoms prepare for cross-border NFC m-pay
by Kylene Casanova
The infrastructure for mobile payments is growing world-wide. The latest example is where the Japanese wireless operator NTT DoCoMo and South Korean peer KT Corporation have agreed plans to enable their customers to
Johnson Controls show corporate treasurers that they have the power AND they can use it
by Kylene Casanova
The stand-out presentation for me at Eurofinance 2012 was Mario Del Natale's (from Johnson Controls International, Inc.) presentation entitled 'Moving SWIFT-ly on' which showed how much power corporate treasury depa
JP Morgan Treasury Services launches next generation JP Morgan ACCESS®
by Kylene Casanova
JP Morgan Treasury Services today launched the next generation of JP Morgan ACCESS®, an online, electronic banking portal for corporate, financial institution and commercial banking clients.
Coprocess SA adds reconciliation to their netting system
by Kylene Casanova
Coprocess SA have launched Version 3 of their netting system. This new version adds a Reconciliation Module on to the existing netting platform to allow corporates to use the system both for Intercompany Netting and
Globally debit card share continues to grow and Brazil is 3rd biggest payment market
by Kylene Casanova
Debit cards continue to gain market share from credit cards, and the use of electronic and mobile payments continues to show exponential growth concludes the World Payments Report 2012 released today by Capgemini, R
Chatham Financial unveils financial risk management technology: cloud-based application, ChathamDire
by Kylene Casanova
Chatham Financial, an independent financial risk management advisory and technology solutions firm, today unveiled ChathamDirect for FX risk management. This cloud-based portfolio of applications gives corporations
For things you do regularly, minimize the number of transactions and only do them once: Salmon’s app
by Kylene Casanova
It is vital in everyday processes to minimize the number of transactions and keep things as simple as possible. Salmon's, the Dublin based treasury management system supplier, approach to intercompany position keepi
Steve Jobs died one year ago today. He taught the doubting world, even Citi, that technology alone i
by Kylene Casanova
First, let me say that, although I have been an Apple devotee for 25 years - I was the proud owner of the 7th Mac in the UK, I would have been scared stiff of Steve Jobs. He destroyed people in a sentence, but he al
AfDB, Citi and IFC to support trade finance in Africa
by Kylene Casanova
The African Development Bank (AfDB) Group, Citi and International Finance Corporation (IFC), a member of the World Bank Group, have agreed to provide a US$175m three-year revolving credit facility covering short ter
SEPA related payment data errors could cost European firms billions - according to Experian research
by Kylene Casanova
Experian warns that, although SEPA may have been designed to simplify and streamline processing operations for domestic and international payments, it will also expose out-of-date account data and other errors that
E-invoicing industry consolidation continues: Basware acquires network and e-invoicing business of C
by Kylene Casanova
Finnish e-procurement and e-invoicing software company Basware has signed an agreement to acquire the network and e-invoicing business of Certipost, a subsidiary of Belgian postal operator bpost.
FIS launches real-time payment network to become operational in early 2013. Is this the breakthrough
by Kylene Casanova
FIS™ (FIS), the world's largest provider of banking and payments technology, today announced the launch of PayNet™, the industry's first global real-time payments network for domestic and international money movemen
Kyriba and 360T partner to deliver STP for FX, money market, and interest rate derivatives in the Cl
by Kylene Casanova
Kyriba Corporation, a supplier of cloud-based cash and treasury management solutions, and 360T, an independent global provider of a multi-bank, multi-asset trading platform, have announced a partnership to integrate
Thomson Reuters adds energy research and forecasts to Eikon
by Kylene Casanova
Thomson Reuters have completed the integration of Point Carbon content to provide Eikon customers with access to independent analysis and advanced forecasting for the power, gas and carbon markets. Eikon now enables
J.P. Morgan signs for SWIFT’s MyStandards Solution
by Kylene Casanova
SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced J.P. Morgan is the first global i
CashFac’s A2Pay – the real time, supply chain settlement platform that dynamically reshapes payments
by Kylene Casanova
The new CashFac's A2Pay service uses their Virtual Bank Technology® with a brand new real time user interaction for buyers and suppliers to provide a collaborative settlement platform which does not conflict with ei
‘The Treasury Managers’ Handbook for Africa’ from WWCP and Barclays
by Kylene Casanova
Richard Southey, Head of Cash Management, Africa, Barclays and Absa concludes in his introduction to this detailed handbook that: 'For any corporate looking to do business in Africa.....treasurers should be mindful
In UK paying late is still a problem. British Chamber of Commerce: set up payment kitemark scheme
by Kylene Casanova
Today, the British Chambers of Commerce (BCC) released the results of a survey of more than 5,000 businesses, which found that 94% of firms have been paid late, with one in four reporting over 40% of their payments