SmartStream publishes paper highlighting the importance of managing intraday liquidity to generate revenue
- 6 years 2 months ago
- Transaction Banking, Cash management
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today released a white paper to inform financial institutions of the regulatory pressures imposed on intraday liquidity requirements. This has now moved beyond reporting positions to actively managing and controlling intraday liquidity, all in an effort to reduce costs and increase profitability.
Algomi ALFA Delivering Actionable Liquidity with Liquidnet and Trumid
- 6 years 3 months ago
- Liquidity
Algomi, which provides data aggregation technology for the optimization of fixed income liquidity, today announced Algomi ALFA will enable orders to be executed on Liquidnet and Trumid. With this new functionality, Algomi ALFA goes beyond aggregating market data and liquidity to allow traders to efficiently navigate the markets and execute trades without duplicating steps across platforms. For actionable liquidity alerts, Algomi ALFA enables... more
HSBC Announces Digital Accounts Receivable Tool Built on Identitii’s Tokenisation Technology
- 6 years 3 months ago
- Cash management, Banking
Identitii Limited (Identitii, Company) (ASX:ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, advises that its customer, HSBC has announced the launch of its Digital Accounts Receivable Tool (HSBC DART) using Identitii’s innovative tokenisation technology, to its corporate clients in India.
Many UK Businesses Pay Late or not at all due to Difficulties in Cashflow
- 6 years 3 months ago
- Cash management, Management
Almost half (44%) of UK businesses avoid or delay paying bills due to issues within their cashflow. Other commonly cited reasons for non-payment of invoices include receiving an incorrect invoice (21%) and corporate bureaucracy (20%). These were some of the findings of the FinTech Barometer 2019, an annual survey conducted among 1,000 finance professionals by fintech specialist Onguard.
Dolfin Launches International Payment Card and App
- 6 years 3 months ago
- Digital Identity, Cash management, Payments
Dolfin, an independent and agile wealth management platform, has launched Dolfin Mastercard, a multi-currency payment card available exclusively to the firm’s private clients. Dolfin Mastercard, which is a prepaid card linked to a client’s Dolfin Payment Account and managed via an app or online platform, provides three key benefits:
Worldwide Demand for ATMs Dropped for the First Time
- 6 years 4 months ago
- Cash management, Payments, ATMs, Banking
China’s ATM numbers continue rapid fall According to a brand-new report from RBR, Global ATM Market and Forecasts to 2024, ATM numbers dropped in four of the five largest markets in 2018. More than half the world’s ATMs are found in just five countries; of these China, the USA, Japan and Brazil saw a decrease in ATMs, whilst in India, growth slowed considerably.
Eurasian Bank Modernizes Cash Management with Fiserv
- 6 years 5 months ago
- Cash management
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Kazakhstan-based Eurasian Bank will streamline and automate its cash management processes with technology from Fiserv.
Onguard continues to invest in UK growth strategy with latest appointment
- 6 years 6 months ago
- Cash management, IT Innovations
Onguard, the FinTech company that offers a platform which streamlines the entire order-to-cash process, has announced the appointment of Colin Sanders as senior business executive as it continues to invest in its UK growth strategy. Colin’s appointment comes after a successful year at Onguard which saw record sales which has continued into 2019. Thanks to this continued success, investing back into the company is high on Onguard’s agenda for... more
HSBC launches Liquidity Management Portal
- 6 years 10 months ago
- Cash management
HSBC Holdings Plc has launched a Liquidity Management Portal to give corporate and financial institution clients a clearer picture of their cash position globally and provide tools to self-manage their liquidity, enabling improved funding and investment decisions.
NatWest to pilot UK’s first intelligent cash management system with automated account crediting
- 7 years 1 week ago
- Cash management
NatWest and G4S are working together to pilot the UK’s first intelligent cash management solution for businesses later this year. This innovative and secure cash solution enables businesses to benefit from automated account crediting of its cash transactions without having to deposit that day’s takings in their local branch.
Cash Automation Technology Helps Retailers Protect Cash and Staff
- 7 years 2 months ago
- Cash management
New study on cash automation presents in-depth insights from retailers in 13 countries on technology which counts, validates and stores banknotes, and which is capable of fully automating cash management in stores. Security considerations drive retailers to invest in automation of cash processing
Barclaycard introduces co-branded business trade card in the UK
- 7 years 3 months ago
- Cash management
Barclaycard, which has helped make businesses successful for more than 50 years, is partnering with selected companies of the Travis Perkins Group to launch a new range of co-branded business credit cards. The rollout of the new cards kicks off with Travis Perkins and Toolstation this month.
Over a third of Brits think the UK will be cashless in 10 years or less
- 7 years 3 months ago
- Cash management
Online research from Equifax, the consumer and business insights expert, reveals over a third (37%) of Brits believe the UK will be a cashless society within the next 10 years. Over half (53%) of 16-34 years olds believe we’ll be reliant on digital and card payments by 2028, compared to just 22% of those aged 55 or above.
ING's money management platform Yolt expands to France and Italy
- 7 years 3 months ago
- Cash management
ING announced today that it's expanding its money management platform Yolt to France and Italy. Yolt is ING's smart money app in the UK that helps users to actively manage their personal finances with a one-stop overview of their accounts with the majority of UK banks and other features. Yolt was launched in the UK in June 2017 and has already attracted 300,000 registered users there. ING's plans to rollout Yolt in France and Italy is part of... more
SmartCash Announces Success of Community-Approved Initiatives Funded by SmartHive Project Treasury
- 7 years 3 months ago
- Cash management
SmartCash, a community governance, cooperation and growth focused crypto-asset created via blockchain technology, today provides a recap of its completed community initiatives. Each project was made possible via the SmartHive Project Treasury, which is funded by a portion of the block rewards and then directed via SmartCash holders who participate in SmartVoting. Building the Future
