Merchant Cash Advance Renewals up 90%
- 3 years 4 months ago
- Cash management, Trade Finance
· 90% increase in merchant cash advance renewals in 2021 compared to 2020 · 365 Business Finance has seen a 34% rise in the average amount funded for renewals Specialist lender 365 Business Finance, a funder of small to medium sized businesses across the UK, has reported a 90% increase in merchant cash advance renewals in 2021, compared to the previous year.
The European P2P Market on the Way to Diversity
- 3 years 6 months ago
- Cash management, Payments, P2P Lending
According to the Robo.cash corporate statistics, the social and geographic shifts of the investors' audience is expressing the growing market potential. The Robo.cash platform has significantly expanded its active investor base in 2021, representing a more than 70% growth. In addition to engaging an increasing audience, the market continues to penetrate various segments of the society. For example, the share of female investors on Robo.cash (... more
GTreasury Releases 2021 Cash Forecasting & Visibility Survey Report Analyzing Current Trends in Corporate Treasury
- 3 years 6 months ago
- Cash management, Risk Management
The new report provides in-depth insight into cash reporting, cash forecasting, and technology practices and expectations across hundreds of treasury teams
Cash Industry Maps Out Route to Sustainability
- 3 years 6 months ago
- Cash management
The global cash industry – both manufacturers and cash management providers – is making huge strides in reducing its carbon footprint and securing a sustainable future for cash. A new report – ‘Cash: Roadmap to Sustainability’ – highlights the progress in the last decade and innovative developments underway. It challenges some of the myths and misconceptions about the industry, while also shining a light on the digital payments sector.
Sterling National Bank Goes Live with Cashfac’s Escrow Account Platform
- 3 years 7 months ago
- Transaction Banking, Cash management, Banking
Sterling National Bank (“Sterling”), the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL) and Cashfac, a leading global financial technology company specialising in operational cash management, are pleased to announce that Sterling has moved into production with their new Virtual Account Manager, delivered through Cashfac’s Software as a Service based
Allied Irish Banks (AIB) Selects Planixs’ Real-Time Intraday Liquidity Management Software to Enhance Treasury Operations
Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, has announced today that it has been selected by Allied Irish Banks (AIB) to enhance their liquidity management processes and treasury operations through Planixs’ Realiti® software suite.
Wolters Kluwer Triumphs Across Regulatory Reporting, Liquidity Risk and Tax Processing in Chartis RiskTech100 Rankings
- 4 years 5 months ago
- RegTech, Liquidity, Risk Management, Accounting
Wolters Kluwer has been named this year's Category Winner for each of the Regulatory Reporting,
Talos’ Digital Assets Trading Platform Adds New Liquidity Providers
- 4 years 5 months ago
- Trading Systems, Liquidity, Cryptocurrencies
Talos, a technology provider for the institutional trading of digital assets, today announced that order flow from six OTC liquidity providers has been integrated into its end-to-end trading platform. These partners are: Alameda Research, B2C2, Cumberland, Galaxy Digital, Genesis, and Hehmeyer.
Agicap Selects Salt Edge to Digitalise Cash Flow Management and Forecasting for SMEs
- 4 years 6 months ago
- Cash management
Agicap, a French SaaS company that offers BFM software to small businesses, selected Salt Edge, leader in offering open banking solutions, to empower CEOs and CFOs to manage and monitor their companies’ cash flows on all bank accounts, in a single dashboard.
Sidetrade Announces Cash Culture App on Salesforce AppExchange
- 4 years 6 months ago
- Cash management, Payments
Sidetrade customers can now benefit from a cash mindset across the order-to-cash cycle, more effectively accelerating payment dispute resolution.
FairXchange Launches Pricing Stack Analysis
- 4 years 8 months ago
- Trading Systems, Liquidity, Data
Financial markets data science firm, FairXchange has launched ‘game changing’ functionality within its Horizon product with a new Pricing Stack Analysis feature which enables financial institutions worldwide to make more informed, data driven decisions about how they interact with existing and prospective Liquidity Providers.
Ghana International Bank (GHIB) Extends Use of Planixs Intraday Liquidity Management Software
- 4 years 8 months ago
- Liquidity
Existing Planixs customer, Ghana International Bank (GHIB), has renewed its contract with the leading provider of real-time, intraday cash, collateral and liquidity management solutions, to continue to manage its cash and liquidity through Planixs’ Realiti® treasury software suite.
AlgoTrader and Blockfills Partner to Deepen Crypto and Digital Asset Liquidity
- 4 years 8 months ago
- Liquidity, Cryptocurrencies
AlgoTrader partners with Blockfills to provide financial institutions with a secure gateway to the deepest crypto and digital asset liquidity globally. Blockfills is the first electronic communication network model ECN for crypto and digital assets and is made available within AlgoTrader´s recently launched WIRESWARM platform, an advanced crypto and digital asset order management, execution management and multi-venue connectivlty platform for... more
Customers More Likely To Default On Invoices Due To Pandemic-Related Cash Flow Problems
- 4 years 8 months ago
- Covid-19, Cash management
The Covid-19 pandemic has caused an increase in finance professionals dealing with outstanding invoices from customers, according to nearly half (48%) of respondents surveyed by fintech company, Onguard. In particular, cash flow problems were cited by nearly two-thirds (65%) as being the most common reason why customers are failing to pay on time. This represents an increase of 14% from February when just over half (51%) of invoices went unpaid... more
Broctagon to Boost Exchange Native Altcoin Liquidity Through NEXUS Upgrade
- 4 years 8 months ago
- Liquidity
Today, Singapore-based Broctagon Fintech Group announces that it has upgraded its NEXUS 2.0 liquidity aggregator technology, with the launch of Native Altcoin Liquidity Management. The precision-based liquidity management system (LMS) allows exchanges to regulate the demand and supply of their native altcoins via algo-automated execution to achieve healthy liquidity and enhance token tradability.
