Cash management

EU consumers select tech for money management

Europeans could avoid paying up to £7 billion in financial charges every year thanks to digital innovation helping them better manage their finances, according to international money transfer company Azimo. Azimo’s new research reveals nearly 90 per cent of consumers in the UK, Germany, Spain and France now use technology to manage their money rather than traditional banking and accounting services.  Read more »

Kyriba Named the World’s Best Cash Forecasting Solution

Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, announced today that Global Finance Magazine named Kyriba as the World’s Best Cash Forecasting Solution. Read more »

Strategic Cash-Management Culture at EmblemHealth Improved by Kyriba’s Solutions

Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, announced today that client EmblemHealth experienced improvements in cash forecasting and advanced cash management, as well as increased payment security using Kyriba treasury and connectivity solutions. EmblemHealth is now better positioned to prioritize strategic operations with the same head count, which will add bottom-line value to the organization... more Read more »

Standard Motor Products, Inc. Taps Kyriba to Automate Cash Management

Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Standard Motor Products, Inc. (NYSE: SMP) selected Kyriba to automate its cash management operations, create a single source of information and data archive with the added benefit of reducing paper, a green initiative for the organization.    Read more »

Mitsubishi UFJ Capital invests in Kyriba

KyribaCorp, the global leader in cloud-based treasury, cash and risk management solutions,t oday announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing  in electronics,healthcare, and technology investments, has joined Kyriba’s Series D funding round. Leading the Japanese market in cloud-based financial solutions, Kyriba has more than 50 clients in Japan, including marquee clients Konica Minolta, Nissin Foods, and... more Read more »

Kyriba Signs Hong Kong Client

KyribaCorp,the global leader in cloud-based treasury, cash and risk management solutions today announcediAccount Services (HK)Limited(hereinafter iAccount(HK)),a subsidiary of Liri Holdings Group,has selectedKyribafor its payments and cash management modules. iAccount (HK) selected the award winning SaaS platform for its economies of scale, extensive world-wide bank connectivity, security, reliability and support for external audit. Read more »

Banque Saudi Fransi Partners with SmartStream

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) specialist, today announced that Banque Saudi Fransi (BSF), a leading provider of banking products and services headquartered in the Kingdom of Saudi Arabia, has selected its Corona Cash & Liquidity solution. Read more »

Raiffeisen Bank International AG goes live with SmartStream’s Corona Cash & Liquidity solution

SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that Raiffeisen Bank International AG has taken a proactive approach to Basel III and implemented a cash and liquidity reporting solution – to monitor and manage cash positions on an intraday basis, throughout the group. Read more »

KashFlow Enters Into Strategic Partnership with iwoca

KashFlow, part of IRIS Software, is today announcing a partnership with fintech business lender iwoca. The partnership will offer KashFlow customers access to finance from within their account so they can cover unexpected costs, such as overdue invoices or large bills. iwoca’s credit facilities are designed with small businesses in mind, as it understands the difficulties SMEs face when cash flow gaps appear. To combat such issues, KashFlow... more Read more »

Moscow Exchange To Boost Derivatives Market Liquidity Support Programme

Moscow Exchange is making changes to the liquidity support programme for its Derivatives Market from 1 September 2016 by adding options on Brent crude futures. This year has seen record levels of trading activity in commodity derivatives. Average daily trading in options on Brent crude futures has soared 58-fold year-on-year to 13 thousand contracts, with the number of active clients increasing ten times over. Read more »

ING launches cross-border Virtual Cash Management

ING Wholesale Banking has announced the launch of ‘Virtual Cash Management‘ (VCM), a comprehensive digital cash management solution for corporates. VCM is designed to help treasury functions reach a next level of optimisation by facilitating centralised cash management with high cash visibility, access and control. Read more »

Finova Financial Secures Record-Breaking $52.5 Million FinTech Funding

Finova Financial’s industry-first, cloud and mobile-based consumer auto title lending platform has raised $52.5 million in a combination of equity and a credit facility, one of the largest initial rounds in FinTech industry history. Read more »

D+H Selected by Union Bank of the Philippines Cash Management Services

 DH Corporation a leading provider of technology solutions to financial institutions globally, announced that Union Bank of the Philippines, which provides banking products and services to more than 7,000 corporate clients, has entered into an agreement with D+H to provide it with a suite of cash management solutions. Read more »

SWIFT Scope Named Preferred Solution for Intraday Liquidity Reporting by Deutsche Bank GTB

SWIFT Scope has been named by Deutsche Bank Global Transaction Banking (GTB), a global services provider to other financial institutions, as the preferred solution for intraday liquidity reporting requirements. SWIFT Scope is a flexible, automated, end-to-end business intelligence solution that is easily tailored to collect and consolidate data, and provide the analysis required to effectively monitor and report intraday liquidity flows. Read more »

dwpbank and TAS Group Cooperate to Reach Industry Leadership in Liquidity Management

Deutsche WertpapierService Bank AG, the leading securities settlement service provider for Germany’s financial market, has chosen Aquarius provided by TAS Group as its liquidity management system after a 12 months global selection procedure.   dwpbank and TAS Group cooperate in order to reach three main objectives with this project:   Read more »

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