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Corporate treasury departments have a massive connectivity problem. They have to communicate and deal internally with almost every department and operating unit within the company or the group, and externally with many different banks, financial and other service providers. Corporate Treasury Department… Read more about Connectivity
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U.S. Bank today announced the availability of their payment application that enables clients to integrate their SAP enterprise resource planning software with U.S. Bank's payment origination
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Bellin has updated its treasury management system (TMS) tm5 software so that it offers better connectivity, with 10 new banks added, extra SWIFT message handling functionality, and compliance with new norms coming i
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Brad Vollmer, Treasurer, at Gilead Sciences, Inc. (GSI) - a leading research-based biopharmaceutical company, with $9.7 bn annual revenues in 2012, started his treasury automation project in
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J.P. Morgan has unveiled the next generation of J.P. Morgan ACCESS®, the firm's on-line electronic banking platform for corporate, financial institution and commercial banking clients, in the Asia-
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The electronic banking platform for corporate clients from BNP Paribas, named CENTRIC, offers access to cash management and trade finance products as well as execution of foreign exchange transactions.
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SWIFT today added daily updates to its reference data directories to reduce industry costs associated with payment processing. As part of the SWIFTRef data platform, the new service will replace
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Bottomline Technologies, a provider of cloud-based payment, invoice and banking solutions, today announced that it had been awarded a further accreditation from SWIFT, becoming the SWIFT Business
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To give corporate customers insight into the readiness of their banking partners, and allow them to take advantage of the benefits of their SWIFT connection, SWIFT has created the bank readiness
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Service bureaux play a key role for the SWIFT community and connect a large number of SWIFT customers with their counterparties. The new Shared Infrastructure Programme (SIP) is launched in response to requests from
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US financial servicing company Broadridge Financial Solutions has been appointed by global banking co-operative SWIFT as a business partner for Germany, Switzerland, Austria, the Czech Republic, Slovakia and Liechte
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Citi Transaction Services has reached a significant milestone of consistently processing more than one million payment transactions per month using the ISO 20022 XML schemas. This validates the increasing adoption o
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SAP are developing a new cloud-based corporate-to-bank platform, the SAP Financial Services Network (FSN), which aims to make it easier for corporates to manage their relationships with banks.
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Two vital concerns in running a corporate treasury department are connectivity to the financial world and operational risk. These two come together in SWIFT connectivity, the corporate treasury department's connecti
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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
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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
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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
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Today, SWIFT announced that more than 1,000 corporations had joined Swift's corporate treasury user community. There has been a sharp rise in the number of corporations, such as electronics manufacturer Toshiba and
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Bank of America Merrill Lynch today announced it now offers electronic bank statements to clients who have SWIFT Standardized Corporate Environment (SCORE) membership. eStatements is the latest enhancement to BofA M
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Kyriba, the cloud-based treasury management solutions provider, has launched the Kyriba Mobile application for iPad and iPhone, providing easy, on-the-fly, access to the Kyriba SaaS platform.
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Citi Transaction Services has enhanced its proprietary connectivity platform, CitiConnect®, to provide clients with more connectivity options to exchange messages and files. The enhancements include three new servic
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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
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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.
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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
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SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced that a new Asia Pacific corporate