Bibby Financial Services and Coface Unveil a New Collaboration Offering Irish SMEs Access to Secure Funding Solutions while also Safeguarding Them from Potential Bad Debts and Lost Revenue
- 1 year 2 months ago
- Cash management
Bibby Financial Services, a leading provider of financial support and funding solutions to Irish SMEs, and Coface, a global leader in trade credit insurance, have joined forces in a new collaboration to help SME’s in Ireland access securely structured funding solutions while also ensuring they are protected against potential lost revenue.
Neo Clears $5 Billion as Global Demand for Frictionless Cross-border Payments Increases
- 1 year 5 months ago
- Cash management
Neo, the treasury management, payments and FX fintech, has cleared $5 billion through its multi-currency accounts as cross-border payment volumes increase globally. The provider launched its multi-currency account offering for treasurers in June 2020 and cleared $4 billion in the past year. This compares to $1 billion in its first 15 months, reflecting growing demand from clients for a fast, cost-effective and transparent alternative to the... more
Debite Appoints Fintech Specialist Uma Balachandra as Head of Revenue
- 1 year 10 months ago
- Cash management
Debite, the financing platform for early-stage companies, is today announcing the appointment of Uma Balachandra as its first Head of Revenue.
80% of Small Business Owners are ‘Scared’ by Big Contract Wins
- 1 year 10 months ago
- Cash management
More than 80% of small business owners admit to being ‘scared’ by big contract wins due to fears over affordability and resourcing, a Censuswide poll commissioned by Monspire has found. The study highlights a confidence problem among the UK’s small business community, with cashflow ranking as the number one concern for company bosses, followed by finding new business, keeping new business and funding.
Future of Cash Parliamentary Event Held as Two-thirds of Britons Believe MPs are not Doing Enough to Protect ATMs in Their Communities
- 2 years 5 days ago
- Cash management
The coalition of pro-cash allies will be attending the future of cash parliamentary event later today to speak with MPs about the access to cash crisis and the need for clear legislation ahead of the Queen’s speech in May. Those from the pro-cash coalition attending the event include Cardtronics, the UK’s largest ATM provider, the Association of Convenience Stores, the Petrol Retailers Association, and the Financial Inclusion Centre.
BankiFi Open Cash Management Platform for SMBs
- 2 years 2 weeks ago
- Cash management
Banking technology provider, BankiFi, has today launched its Open Cash Management platform. The innovative new service gives customers access to a litany of modern solutions, making business financial management easier. The new Open Cash Management platform provides a fully embedded banking service for BankiFi’s customers. Developed with larger, more established small and mid-sized businesses (SMBs) in mind, the platform allows customers to... more
Robinhood Overhauls Debit Card in Pursuit of Younger Users, Shifting Payment Preferences
- 2 years 1 month ago
- Cash management, Credit Cards
The digital broker launched the Robinhood Cash Card, a new debit product that replaced the Cash Management debit card it launched in 2019. The card, which is linked to a separate account from users’ brokerage accounts, has a few standout features, per The Verge:
Citi and Etihad form Global Partnership for Treasury Transformation
- 2 years 1 month ago
- Cash management, Banking
Etihad Airways, the national airline of the United Arab Emirates, selected Citi as its international cash management bank partner Citi has renewed its cash management mandate with Etihad, further assisting the airline with a major Treasury transformation journey, helping to move its automation, digitalization and overall efficiency to the next level.
Medius Partners With Nomentia to Extend Global Payment and Cash Management Capabilities
- 2 years 1 month ago
- Cash management, Payments
AP Automation and Spend Management Provider partners with payments specialist to simplify and automate payments Medius, a leading provider of AP Automation and wider spend management solutions, today announced that it has entered into a strategic partnership with Nomentia, a leading name in cash and treasury management.
Merchant Cash Advance Renewals up 90%
- 2 years 3 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
- 2 years 5 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
- 2 years 5 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
- 2 years 5 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
- 2 years 6 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
