Federal Reserve moderates US interest rate hikes – Industry roundup: 23 March
by Graham Buck
Commodities finance "resistant to turmoil"; IMF support package for Ukraine; Digital currency firms go Swiss; Nigeria cash shortage boosts eNaira
Balance & Transaction Data Collection
Background
Many years ago the variation in the banks' standards and procedures for both bank account balance and transaction reporting, and payment instructions created the need for general bank balance and…
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We are now in the economic storm - TREASURY NEWS - OpenTreasury Podcast #43
by Kylene Casanova
Jonathan, Craig, and Jack discuss this week’s top stories and developments in treasury.
No more credit cards, pay with your smile – Industry roundup: 18 May
by Kylene Casanova
Fastest growing fintech, Synergistic collaboration, 5 partnerships with DBS, $100 million risk-sharing facility, biometric facial recognition.
New APIs to aid cash management decision-making
by Ben Poole
The new APIs from Afinis Interoperability Standards aim to help corporates better access detailed financial data across banking platforms.
Mastercard: UK and Nordics lead Open Banking in Europe
by Ben Poole
They are best placed to make the most of open banking thanks to a high number of open banking APIs, progressive regulators, and consumer readiness.
COVID-19 forced US middle market companies to embrace digital banking
by Ben Poole
A report from Greenwich Associates suggests that this move could be bad news for America's regional and community banks.
Four key themes to boost data-driven innovation
by Ben Poole
An Experian report shows how COVID-19 has accentuated the huge value of data in tackling the big issues.
EY group to support corporate digital transformations
by Ben Poole
The EY Microsoft Services Group aims to help corporates across sectors reinvent the back office with Microsoft cloud technologies and experience.
Virtual accounts: powering successful integrated treasury strategies
by Ben Poole
The latest Aite Group report examines the surge of interest in virtual account management due to open banking and real-time payments in recent years.
Bank of America spreading APIness
by Ben Poole
New API support revealed this week allow the bank's clients to trade and settle FX payments and enhance real-time treasury management.
ISO 20022 in focus with SWIFT and Citi
by Ben Poole
While ISO 20022 provides the potential for reduced friction, it will be up to the industry and individual institutions to adopt this new paradigm.
Mastercard move shows momentum behind open banking
by Ben Poole
The payments provider is to acquire Finicity in order to advance its open banking strategy.
Ripple enters the ISO 20022 fray
by Ben Poole
It joins the ISO 20022 Standards Body less that two months after SWIFT pushed back adoption of the standard for cross-border payments.
Flux and Pleo partner on digital expense management
by Ben Poole
The duo say they will provide the UK’s first fully-automated, invisible expensing experience for businesses.
Singapore and Australia agree to enhance financial services data connectivity
by Ben Poole
The two countries have signed a suite of MoUs designed to help both capitalise on the digital economy.
New regulations in the US fuel the spread of transaction cost analysis
by Ben Poole
Greenwich Associates research shows just 10% of US asset managers have a TCA specialist, compared to 25% in Europe.
Accuity acquires Apply Financial
by Ben Poole
The firm will provide real-time STP and account validation payment solutions.
Kabbage launches automated cash flow tool
by Ben Poole
Kabbage Insights is designed to give US small businesses on demand analysis of upcoming cash positions.
Yolt Technology Services boosts open banking in the Netherlands
by Ben Poole
The firm now offers API coverage to over 90% of the country.
X15 Ventures launches insightful app for small businesses
by Ben Poole
The Vonto app is designed to provide personalised insights for small business owners.
Nacha building online platform for payment data sharing
by Ben Poole
Phixius will look to modernise and streamline the US payments process.
Citi and AlipayHK tap API technology for points conversion programme
by Ben Poole
The technology is being used to link the two firms' reward schemes.
Just 13% of finance organisations use AI, analytics and automation in enterprise-wide transformation
by Ben Poole
Genpact research shows executives understand benefits from advanced technologies but fail to deliver actionable insights from data.
Bank of America adds more capabilities to CashPro
by Ben Poole
The updates are designed to help accelerate digital transformation for corporates.