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.
by Kylene Casanova
Reval acquired the German treasury management system company ecofinance in early 2011. Since then they have been hard at work integrating econfinance's cash management system with their Software-as-a-Service (SaaS)
by Kylene Casanova
The Exact Authority Overrride (EAO) facility, which enables companies to authorise card payments for a specific amount, is the final piece in the ePayables Suite from BofA Merrill.
by Kylene Casanova
Standard Chartered Bank today announced that it had facilitated the first end-to-end automated trade finance transaction with the Bank Payment Obligation (BPO) through its Straight2Bank platform.
by Kylene Casanova
Wells Fargo Company announced today that it had become the first major financial services company to natively support Macs for remote deposit capture.
by Kylene Casanova
The HSBCnet Mobile service has one the largest coverage of any bank mobile service - in 65 countries world-wide. In the first 25 weeks since its launch, it was used to authorise USD 1.7bn of payments. Altho
by Kylene Casanova
Hedge Accounting Insight, FINCAD's web-based hedge accounting solution, now offers increased coverage and enhanced cash flow and liquidity managements.
by Kylene Casanova
SAP has agreed to acquire Ariba, a leader in collaborative commerce applications, for $4.3bn as the German enterprise software company expands its cloud offerings. The deal will be probably be completed by the end o
by Kylene Casanova
Standard Chartered today announced in Singapore that it has passed RMB 1 billion in outstanding Euro Commercial Paper (ECP) issuance, positioning the Bank as the largest issuer of RMB ECP out of London
by Kylene Casanova
The Securities and Exchange Commission (SEC) in the US has been investigating pharmaceutical companies and other businesses' who had been sending funds to their foreign offices located in Cuba, Iran, Sudan and Syria
by Kylene Casanova
The Renminbi is truly becoming an international currency, even US regional banks are starting to offer Renminbi services.
