Recommended Cash Acquisition of Schroders plc by Nuveen, LLC
- 3 days 20 hours ago
- Cash management
Nuveen, a global asset manager with $1.4 trillion in assets under management, and Schroders, a leading provider of active asset management, advisory and wealth management services with $1.1 trillion in assets under management have agreed to the terms of a board recommended cash acquisition ("the Transaction") by Nuveen for the entire issued and to-be-issued share capital of Schroders for approximately £9.9 billion.
Digital Euro: Advancing Europe’s Public Money into the Digital Age
- 1 week 18 hours ago
- Cash management
Cash remains the only means of payment that enables direct, in-person transactions with immediate settlement and without the involvement of third parties or electronic equipment. As payment habits evolve and demand grows for secure and trusted digital solutions, the European Central Bank (ECB) launched in 2021 an investigation phase into the potential introduction of a central bank digital currency for Europe — the digital euro.
Clearwater Analytics and TreasurySpring Announce Platform Integration for Fixed-Term Cash Management
- 1 week 6 days ago
- Cash management
Clearwater Analytics, the most comprehensive technology platform for investment management and TreasurySpring, the global cash investment platform, today announced an integration tha
Volt Launches Flagship Cash Management Suite for Merchants and Partners in UK and EU
- 2 weeks 1 day ago
- Cash management
Volt, the real-time, rail-agnostic money movement platform, today announces the full launch of its flagship cash manage
Truist Launches AI-enabled Receivables Platform To Accelerate Cash Application and Minimize Exceptions
- 2 weeks 1 day ago
- Cash management
Truist Financial Corporation today announced a new integrated receivables platform that uses AI and machine learning to help commercial and corporate clients simplify receivables and improve cash visibility. The solution matches payments to invoices across checks and electronic rails, unifies payment and remittance data, and accelerates cash application activity.
Cash Investment Platform TreasurySpring Hits $350bn in Flows as Business Prepares for Further Growth in 2026
- 2 weeks 4 days ago
- Cash management
TreasurySpring, the global cash investment platform, backed by Balderton, MMC and Mubadala Ventures, today announced flows totalling $350bn since inception. In the period since the business last raised funds in summer 2023, flows have seen an uptick of 266% on previous years, covering 1000+ products. The surge reflects growing demand for short-term, capital-secure returns against a backdrop of continued focus on operational excellence and... more
Post Office’s Longest-Ever Deal with Banks Commences, Pledging Access to Cash on UK High Streets Until 2030
- 3 weeks 37 min ago
- Cash management
Post Office’s longest ever agreement with banks is now live, ensuring cash remains accessible, via post offices, in local communities until December 2030. The new five-year agreement with 30 UK bank brands and building societies underpins access to cash for millions of individuals and small businesses at Post Office branches.
Volt Partners With ClearBank to Power Latest Generation of Merchant Account Capabilities Across the UK and Europe
- 3 weeks 1 day ago
- Cash management
Volt, the real-time, rail-agnostic money movement platform, today announces its new strategic partnership with ClearBank, the enabler of real-time clearing and embedded banking. The collaboration enables Volt to offer critical enhancements to its account-based cash management capabilities, in the UK and Europe, moving open banking payments a step closer to realising their full operational potential.
Primary Partners With SISS Data Services to Improve Cash Visibility and Planning for Businesses
- 3 weeks 3 days ago
- Cash management
Primary has selected SISS Data Services (SISS) as a key technology partner to facilitate high-reliability and complete bank data fees for its corporate treasury management platform. By integrating SISS’s data capabilities, Primary connects its customers with critical bank transaction data via direct feeds. This integration supports Primary’s mission to provide corporate finance teams with a single, comprehensive picture of cash across... more
Eolas Capital and Italian Fintech Axyon AI Announce Partnership to Bring AI-Powered Solutions to U.S. Investment Managers
- 4 weeks 22 hours ago
- Management
Eolas Capital, a provider of distribution and business services to boutique asset managers, today announced a strategic partnership with Axyon AI, an Italian fintech company that provides AI solutions to investment firms for product launches and new sources of alpha. As part of the agreement, Eolas will provide Axyon AI with product development and distribution support in North America.
ParentPay Group Makes Managing School Finances Easier with Reimagined FMS
- 4 weeks 1 day ago
- Management
With tighter budgets and rising admin demands, school finance teams face constant pressure to work smarter. In response, ParentPay Group has completely updated its trusted FMS platform – keeping everything schools know and rely on but redesigning it for clarity and speed within a secure cloud setting.
Worldline And YouLend Launch Cash Advance To Unlock Fast, Seamless Capital For Europe’s SMBs
- 1 month 2 days ago
- Cash management
Worldline, a European leader in payment services, and YouLend, the world’s leading embedded financing platform, today announced the launch of Cash Advance, an innovative financing solution designed to empower small and medium-sized businesses (SMBs) with fast, data-driven access to capital. Cash Advance enables merchants to apply for funding through a simple, fully integrated user experience - eliminating traditional friction, paperwork, and... more
Four in Ten Britons Expect to Use More Cash After the Budget
- 2 months 2 days ago
- Cash management
In the lead up to and immediately after the Autumn Budget, NCR Atleos, the UK’s largest ATM operator and a leading provider of shared banking services, anonymously surveyed the public through an On Screen Questionnaire at 11,998 ATMs nationwide. The findings show the Autumn Budget has already changed how people plan to manage their money.
FICO Partners With Plaid to Launch Next-Generation Cash Flow UltraFICO® Score
- 3 months 20 hours ago
- Cash management
Global analytics software leader FICO today announced a strategic partnership with Plaid, a leading financial data network, to deliver the next generation of the cash flow UltraFICO® Score.
U.S. Bank Launches AI-Driven Cash Forecasting Tool
- 3 months 3 days ago
- Cash management
U.S. Bank today introduced a cash forecasting tool with Kyriba to help businesses gain real-time visibility and control over their cash and liquidity positions. U.S. Bank Liquidity Manager, powered by Kyriba’s liquidity performance platform, leverages traditional methods and advanced AI to deliver cash forecasting, scenario planning, and operational efficiency for both mid-sized and large firms.
