Cash management

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/Cash management

Inetco adds data access options

Inetco Systems Limited, an expert in real-time transaction monitoring and analytics for retail banking and payment processors, announced today an expanded menu of transaction data access options.

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Kyriba scoops $45 million in funding round

Kyriba, the #1 provider of cloud treasury and financial management solutions, today announced that Sumeru Equity Partners (SEP) has led its $45 million (USD) equity financing round, alongside existing investors Bpifrance, Iris Capital, Daher Capital and HSBC (NYSE: HSBC).

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Seylan Bank selects Finastra for trade finance and corporate banking

Seylan Bank, Sri Lanka’s sixth largest bank, has selected Finastra to help grow its trade and supply chain finance business using FusionBanking Trade Innovation.

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Finextra partners with top banks and vendors for Sibos debates

Finextra is partnering with leading banks and vendors to run a series of roundtable events covering corporate banking, trade and supply chain finance and winning strategies for fintech collaboration at the annual Sibos conference in Toronto in October.

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Apis invests in Nigeria's Bankers Warehouse

Apis announces the definitive agreement for a significant investment by Apis Growth Fund I, a private equity fund managed by Apis, in Bankers Warehouse Plc, the leading provider of cash management solutions in Nigeria.

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Profile Software upgrades AcumenNet

Profile Software, an international financial solutions provider, announced today the release of the enhanced AcumenNet, the leading comprehensive treasury management solution by Login SA, a Profile Company, with powerful Front-to-Back Office and Risk Controlling capabilities, wide instrument coverage and high level of automation.

/Cash management

Bahrain welcomes first fintech sandbox entrants

The Central Bank of Bahrain (CBB) has announced two entrants into its regulatory sandbox. Tramonex, a London-based forex cash management solution for businesses; and NOW Money, the Dubai-based account and remittance service for low-income workers in the GCC.

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KeyBank partners with Billtrust for corporate payment services

KeyBank announced today its strategic partnership with an equity investment in Billtrust, a pioneer of payment cycle management solutions.

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Corporates rally round Swift gpi

Six leading Swiss corporates with international operations - including ABB, Nestle, Roche, SBB, Swiss Re and Wurth – have issued an open letter in support of Swift's global payment innovation initiative to improve the speed, transparency and predictability of cross-border payments.

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Gresham trading inline with expectations

Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, is pleased to provide a trading update for the half year to 30 June 2017.

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BlackRock to acquire Cachematrix

BlackRock, Inc. (NYSE: BLK) has entered into a definitive agreement to acquire Cachematrix, a leading provider of financial technology which simplifies the cash management process for banks and their corporate clients in a streamlined, open-architecture platform.

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Ebury opens new offices across Europe

Ebury, one of the fastest growing fintechs for corporate cross-border payments and growth lending, today announced four new hires across its’ European offices; an office opening in Athens and the completion of moves to larger offices in Paris and Warsaw in June this year.

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Misys signs Amsterdam Trade Bank

Amsterdam Trade Bank (ATB) has embarked on a project with Misys to streamline its banking, treasury and trade finance operations – using Misys FusionBanking Corporate to maximise straight-through processing (STP), reduce the need for manual intervention, and significantly reduce total cost of ownership across all business functions.

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Hanse Orga Group acquires Tembit Software

Hanse Orga Group, the market leader in financial automation software, today announces that it has found agreement with Tembit Software, a provider of cloud and mobile payment applications for companies in the financial and corporate sectors, to join Hanse Orga Group.

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Citi appoints Gulru Atak Dublin innovation head

US bank Citi has appointed Gulru Atak, an executive at its Turkey business, as head of its innovation lab in Dublin.

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SocGen names Eric Bayle as head of global transaction banking in the UK

Previously Head of Payments & Cash Management in the UK, Eric Bayle’s main responsibilities will be to further develop Societe Generale’s transaction banking services in the country, offering non-banking financial institutions and corporates a wide range of banking services to optimise and manage their daily financial transactions and commercial operations.

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Hanse Orga agrees Dolphin Enterprise Solutions Corporation deal

Hanse Orga Group, the market leader in financial automation software, today announces that is has reached agreement with Dolphin Enterprise Solutions Corporation (Dolphin), a leading provider of process automation and data management solutions for SAP customers, to become part of Hanse Orga Group and jointly deliver leading technology and process solutions to enterprise customers across the globe.

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Late payments cost UK SMES more than £45 billion

Results from the latest Zurich SME Risk Index show that more than half (52%) of Britain’s small-and-medium sized enterprises are owed in total an estimated £44.6 billion in late payments

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Reval signs Massachusetts Bay Transportation Authority for treasury management service

Greater Boston’s public transportation agency, the Massachusetts Bay Transportation Authority (“MBTA”), is automating its treasury management function using Reval, the leading Software as a Service (SaaS) solution for treasury and risk management.

/Cash management

Kyriba signs partnership with Clustin

Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced International Solutions Provider, Clustin, signs on as a Kyriba client and channel partner.