The B2 Group, the provider of cloud-based payments software and consultancy solutions, has announced the launch of its Mobile Cash Management service. The new Mobile Cash Management (“MCM”) App provides smartphone or tablet direct access to the award winning B2 Multi-Bank Integrator cloud-based automated banking integration service.
B2Group Multi-Bank platform
Multi-Bank, a 5th generation platform based on two decades of experience and launched at the start of 2016, is already used by banks world-wide. Outgoing payments and incoming statements are processed automatically via secure links with the banks to deliver fast and tangible benefits, including; automation of incoming statements, “smart” reconciliation of credit and debit payments, real-time enterprise-wide cash visibility, automation of complex business processes such as supply-chain finance, cash pooling and sweeping, and controlled automation of outgoing payments via a real-time portal. Multi-Bank also fully integrates with most ERP and TMS platforms.
MCM is available as a simple upgrade for existing Multi-Bank subscribers, with a broad range of cash management functions suitable for mobile phone use, and the sophisticated cyber security features necessary for safe mobile cash and treasury access coming as standard.
“Citi has worked with The B2 Group for many years, most recently to process our corporate clients’ payments and statements across B2’s Multi-bank Integrator platform. We have been impressed with the value-add the Multi-Bank service brings, and are convinced B2’s new MCM App will add further value to our clients,” comments Dmitry Simakov, Citi’s EMEA Head of Client Connectivity and Information Treasury and Trade Solutions.
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