Citi increases connectivity options for corporate clients
by Kylene Casanova
New functionality offers greater convenience and improved user experience
Connectivity
Background
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…
Read moreCiti - new mobile Apps: CitiDirect BE Payment Advisor and Payments Directory Mobile
by Kylene Casanova
Providing enhanced payment information, transparency, and immediacy
300 customers choose Alliance Lite2 as their SWIFT connection over the last 12 months
by Kylene Casanova
SWIFT claim that Alliance Lite2 is interface of choice for new SWIFT customers??!!??
SWIFT: major price reduction for all users from 1 January 2014
by Kylene Casanova
Average price reduction for FIN messages will be 20%
SWIFT adds BIC to LEI Directory to its SWIFTRef Platform
by Kylene Casanova
SWIFT has today announced the release of a new Business Identifier Code (BIC) to Legal Entity Identifier (LEI) directory on its SWIFTRef data platform. The BIC to LEI directory has been created in response to indust
Bottomline Technologies announces acquisition of two SWIFT service bureaux
by Kylene Casanova
BL create new global financial messaging centre as small independents continue to disappear
Standard Chartered launches Universal Adaptor file converter
by Kylene Casanova
Quick and easy file format and character conversion
Use of ISO20022 message reporting standards spreading as Hanse Orga adds CAMT to their Account State
by Kylene Casanova
The usage of the ISO20022 standards and the new CAMT bank account reporting standards will be boosted by the introduction of SEPA, as they provide standardised formats for companies
U.S. Bank’s new SAP® consolidated payables link is another example of SAP’s direct to bank connectiv
by Kylene Casanova
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
Bellin add new connectivity and SEPA / EMIR compliance features to tm5 Treasury Management System
by Kylene Casanova
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
Alliance Lite 2 provides Gilead Science Inc with service bureau agnostic and bank agnostic connectiv
by Kylene Casanova
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
Next generation J.P. Morgan’s online electronic banking platform Access® launched in Asia-Pacific
by Kylene Casanova
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-
BNP Paribas launches new CENTRIC electronic banking platform for corporates with roll-out starting i
by Kylene Casanova
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.
SWIFT adds daily updates to the SWIFTRef platform, daily updates to BICs and SSIs now available
by Kylene Casanova
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
SWIFT enhances business relationship with Bottomline Technologies
by Kylene Casanova
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
There are 40+ banks SWIFT certified as being ready to offer corporate access services
by Kylene Casanova
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
SWIFT sets higher standards for service bureaux
by Kylene Casanova
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
SWIFT appoints Broadridge as business partner in Europe covering several services including Alliance
by Kylene Casanova
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
ISO 20022 is now the standard: Citi reaches 1 million payment transactions using ISO 20022 XML messa
by Kylene Casanova
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
How SAP‘s Financial Services Network could be be integrated into the corporate treasury department’s
by Kylene Casanova
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.
SWIFT’s Alliance Lite 2 - the simple, cost-effective connection to the financial world - could also
by Kylene Casanova
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
Is this the end for SWIFT service bureau?: ‘None of our customers need a SWIFT service bureau any mo
by Kylene Casanova
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
Mobile usage by corporate treasury departments has become mainstream: HSBCnet Mobile users authorise
by Kylene Casanova
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
How General Electric collects and warehouses all bank e-statements from their banks world-wide
by Kylene Casanova
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