OneStream Software launches transaction matching solution
by Ben Poole
The solution is designed to accelerate account reconciliations and financial close.
News
The critical role of bank treasuries in the COVID-19 crisis
by Ben Poole
An Oliver Wyman report shows the role of bank treasuries in transmitting government and central bank policy to society.
Sweden joins ECB’s instant payments settlement platform
by Ben Poole
ECB and the Sveriges Riksbank conclude agreement on settlement of electronic payments in Swedish krona on TIPS.
Banking industry puts forward vision for future-driven EU payments market
by Ben Poole
Three European associations have published their vision for the EU retail payments framework.
COVID-19 halts Nationwide’s plans to enter the business banking market
by Ben Poole
The building society will be handing back the £50m RBS bail out fund grant it had received.
Sberbank and Google offer education for businesses to stay afloat
by Ben Poole
The duo are teaming up on a Business Class online tutorial programme.
J.P. Morgan establishes electronic FX trading and pricing engine in Singapore
by Ben Poole
This is the fourth such engine launched by the bank, following New York, London and Tokyo.
18% of UK SMEs set to collapse within 4 weeks without government help
by Ben Poole
The Corporate Finance Network, which carried out the research, has proposed a recovery plan.
COVID-19 threatens the business of traditional tourist destinations
by Ben Poole
A Deutsche Bank report looks at the economic impact of COVID-19 on European tourist hotspots and the companies that operate there.
CARES Act gives US airlines the option to extend their liquidity runways
by Ben Poole
A Moody's Investors Service report explores the COVID-19 impact on the US airline sector and the government's response.
The Global Hack looks for solutions to fight COVID-19 challenges
by Ben Poole
The Swedbank-sponsored initiative kicks off on Thursday.
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.
Calls for changes to UK’s Coronavirus Business Interruption Loan Scheme
by Ben Poole
OakNorth Bank has suggested a number of changes to CBILS in order to better support UK businesses.
Central Bank of Cyprus running new TMS
by Ben Poole
The MAPS TMS for central banks is provided by Banque de France and Banco de España.
COVID-19 crisis highlights need for real-time and new digital payments services
by Ben Poole
ACI Worldwide and Global Data research has analysed real-time payments volumes, growth and dynamics across 30 global markets.
Kyriba adds free access to enhanced support and targeted training for clients
by Ben Poole
The move is designed to assist corporates that may be missing key treasury staff.
Pelican and Banking Labs to bring AI-based payments and compliance to Canada
by Ben Poole
Banking Labs will market, sell and deploy Pelican solutions to banks and corporates.
EVO Payments nets US$150m additional investment from Madison Dearborn Partners
by Ben Poole
The technology firm has also provided a COVID-19 Update.
Tipalti adds AI to AP
by Ben Poole
Tipalti Pi uses artificial intelligence and machine learning to make payables smarter.
EBA seeking to mitigate financial crime risks during COVID-19
by Ben Poole
The European Banking Authority has outlined AML/CFT efforts that competent authorities should be promoting to financial institutions.
Deutsche Bank closes hedge for offshore wind farm
by Ben Poole
Despite volatile markets, the bank closed the US$3bn project finance for a Taiwanese wind farm.
Pandemic casts shadow over UK Payment Systems Regulator’s annual plan
by Ben Poole
The PSR's annual plan and budget were formulated before the COVID-19 crisis.
COVID 19 - Basel 3: regulation deadline loses to pandemic
by Ben Poole
Basel Committee defers Basel III implementation to increase operational capacity of banks and supervisors to respond to COVID-19.
Contour partners with Chinsay to enhance trade finance offering
by Ben Poole
The two worked together on a fully integrated paperless trade between Cargill and Rio Tinto.