17 October 2017

Banca Transilvania rolls out CityNet reconciliations module

20 January 2004  |  3994 views  |  0 Banca Transilvania rolls out CityNet reconciliations module

Romania's Banca Transilvania is installing technology from London-based City Networks to automate reconciliations of nostro accounts and ATM and card transactions.

The bank is installing the vendor's CityNet Reconciliation for Cash and ATM modules across its national operations.

City Networks says the automation of manual and spreadsheet-aided reconciliation processes will enable bank staff to focus on exceptions processing.

Nicolae Ploata, vice president, Banca Transilvania, says: "The decision to implement the CityNet Reconciliation for Cash and ATM modules as an integral part of our reconciliation process is attributed to product reliability and performance."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

City Networks reports fourth consecutive year of growth

City Networks reports fourth consecutive year of growth

12 January 2004  |  3071 views  |  0 comments
City Networks launches Japanese reconciliation system

City Networks launches Japanese reconciliation system

21 October 2003  |  3076 views  |  0 comments
Commonwealth Bank of Australia buys CityNet Matching for CLS

Commonwealth Bank of Australia buys CityNet Matching for CLS

20 October 2003  |  3737 views  |  0 comments
HVB rolls out City Networks Conversation Checker module in London

HVB rolls out City Networks Conversation Checker module in London

01 September 2003  |  4017 views  |  0 comments
City Networks awarded SwiftReady Gold for reconciliations

City Networks awarded SwiftReady Gold for reconciliations

13 August 2003  |  2971 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.sibos.comRegister nowvisit www.temenos.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14427 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13056 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
8954 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
7898 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7596 views comments | 13 tweets | 13 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job