by Kylene Casanova
Over the last three years, Citi's SFS (Securities and Fund Services) operations in Singapore have transformed itself from a custodian to a full-fledged fund and investment services provider by building up its capabi
by Kylene Casanova
Barclays Bank is continuing to expand its corporate banking offering in the Gulf Co-operation Council (GCC) region through the expansion of its cash management capabilities.
by Kylene Casanova
Visa Inc. and U.S. Bancorp set up Syncada in July 2009 – a joint venture providing a business-to-business (B2B) network for corporations and governments to process and track invoices, make and receive payments aroun
by Kylene Casanova
The Citi® Flu Care card is a payment service that shifts the administration of flu shots from doctor's office or on-site clinics to more cost-effective pharmacy locations. The card is only usable in 25,000 pharmacie
by Kylene Casanova
The Transaction Workflow Innovation Standards Team (TWIST) was set up to close the gaps in the physical and financial supply chain. Their main focus has been on driving the development of global Bank Service Billing
by Kylene Casanova
Square were the first to develop an adapter (1) to enable the mobile phone to accept card payments(2), and also convert the iPad (3) and the iMAC (4) into a POS terminal:
by Kylene Casanova
In July 2011, the UK's Payment Council decided to abandon their plan to kill off the cheque.
by Kylene Casanova
BofA Merrill has introduced an iPad application for its clients utilizing the digital online payment and invoicing system, Paymode-X®. Using Paymode-X for iPad, executives now have remote real-time access to critica
by Kylene Casanova
BOKU, Inc. and GlobalCollect , the leading provider of online payment services in the eCommerce market, announced today GlobalCollect has selected BOKU as its global mobile payments partner.
by Kylene Casanova
New initiatives for mobile phone payments are announced every day, here are some recent ones:
by Kylene Casanova
Today Citi launched Trade Advisor - Mobile, new functionality, on their CitiDirect BESM Mobile platform that allows trade clients to access Trade Advisor on their mobile phones. Trade Advisor, currently available th
by Kylene Casanova
There are many examples of cash making a comeback at the point of sale, here are some:
by Kylene Casanova
The British Retail Consortium (BRC) has been conducting their annual Cost of Payment Collection Survey, since 1999, of their members' costs of payment collection to provide participant members with key benchmarking
by Kylene Casanova
Already a leading escrow provider in the United States and Europe, JP Morgan treasury services have launched new escrow services in South Africa to help clients mitigate counterparty risk.
by Kylene Casanova
Bank of America Merrill Lynch today announced a proprietary lockbox service in Canada. Companies receiving payments in Canada can now utilize lockbox processing that is consistent with the same service BofA Merrill
by Kylene Casanova
The new Online Banking ePayment (OBeP) systems allow consumers to make purchases using their most trusted financial institutions - their banks. With this approach, consumers don't have to share their personal inform
by Kylene Casanova
Today, upgrades begin across UK retailers and vending machines to raise the contactless card payment limit to £20 from £15.
by Kylene Casanova
FICO, the analytics company, have found that technology is changing the fraud landscape in Europe. Card fraud has migrated from UK to other countries, notably France and Germany, over the last few years.
by Kylene Casanova
In the long run, most trapped cash can be 'released', but there may be many months or years when it cannot. Obtaining any return on these funds can be difficult.
by Kylene Casanova
EMEA is the second largest trade partner with China, and the European market has been quick to adopt RMB denominated transactions. (According to the SWIFT RMB Tracker, Europe currently represents 47% of RMB global p
by Kylene Casanova
Coprocess, a provider of Multi-lateral Netting products, are now finding that 50% of their clients run receivables based netting. (It used to be less than 30% only a few years ago.)
by Kylene Casanova
In the Asia-Pacific region improvements in infrastructure, bank and payment services just keep on coming. Three latest examples are:
by Kylene Casanova
PayPal has signed deals with four major UK high street retailers to enable PayPal account holders
by Kylene Casanova
New York: Citi has expanded its global capabilities for administration and custody services to assist fund managers in establishing a more efficient, informed and effective investment process.
