Ebury Ranked #2 EUR/USD Forecaster on Bloomberg
- 06.10.2020 01:25 pm
- Foreign Exchange
Ebury announces that it has once again been ranked among the most accurate forecasters for the key EUR/USD pair. Ebury was named as the second most accurate forecaster on Bloomberg for EUR/USD for Q3 2020. This achievement follows on from our number one and number two EUR/USD rankings in Q4 2018 and Q2 2019 respectively.
Goldman Sachs and Volante to Launch Digital Transaction Banking in the Cloud
- 23.09.2020 10:35 am
- Transaction Banking, Cloud
Volante Technologies, the global leader in cloud payments and financial messaging, today announced that Volante has been collaborating with Goldman Sachs Bank USA (“Goldman Sachs”) to provide the payments technology underpinning the bank’s recently launched
BidFX Releases Flagship FX Desktop Trading Application on OpenFin
- 17.09.2020 11:36 am
- Trading Systems, Foreign Exchange, Cloud
BidFX, the leading cloud-based provider of electronic foreign exchange trading solutions, today announced a significant addition to its product range delivered via OpenFin, the operating system (OS) of finance. BidFX now offers a desktop-installed web application supporting the layout of window-based components that interoperate securely and seamlessly across a trader's multi-screen workstation.
Customers More Likely To Default On Invoices Due To Pandemic-Related Cash Flow Problems
- 08.09.2020 04:16 pm
- 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
Sterling National Bank and Cashfac Announce Strategic Business Alliance for Launch of New Escrow Account Platform
- 02.09.2020 12:19 pm
- Transaction Banking, Cash management
Today, Cashfac, a global provider of back-office cash management software, and Sterling National Bank (“Sterling”), the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL), announced a strategic agreement to expand Sterling’s Escrow account origination and servicing capabilities. The partnership will deploy Cashfac’s flagship Virtual Bank Technology (VBT) platform, delivered remotely via the Cloud.
Apex Partners with Calypso to Provide Middle and Back-office Services to Ardent Financial
- 02.09.2020 10:24 am
- Management, Infrastructure
Apex Group Ltd. (“Apex”), a global financial services provider, announces today that it has been appointed to provide front to back office solutions to FCA regulated global securities dealer Ardent Financial Limited (“Ardent”) using Calypso Technology Inc. (“Calypso”) management and reporting platform. These services will complement Apex’s existing provision of custody services to Ardent.
GTreasury Releases AI-Powered SmartPredictions™ to Sharpen Treasurers’ Cash Forecasting Accuracy
- 31.08.2020 01:29 pm
- Cash management, Liquidity, Data, Risk Management, Treasury
GTreasury, a treasury and risk management platform provider, today announced the release of SmartPredictions™, which improves cash forecasting accuracy by applying artificial intelligence to short- and long-term treasury data.
New Research Finds 2021 Financial Plans to be Driven by Consumer Spending, Remote Workforce Enablement and the Presidential Election
- 27.08.2020 10:20 am
- Management
OneStream Software, a leader in corporate performance management (CPM) solutions for mid-sized to very large enterprises, announced the results of its “Enterprise Financial Decision-Making 2020 - Nor
Misuse of Supply Chain Finance Worrying but Not Widespread, Says Global Supply Chain Finance Forum (GSCFF)
- 25.08.2020 01:03 pm
- Supply Chain Finance
The Global Supply Chain Finance Forum (GSCFF) – comprising BAFT (Bankers’ Association for Finance and Trade), FCI, the International Chamber of Commerce (ICC), the International Trade & Forfaiting Association (ITFA) and the Euro Banking Association (EBA) – today released a paper in response to growing concerns regarding the use of supply chain finance (SCF) and, in particular, payables finance programmes.
Huobi Tech’s (1611.HK) Asset Management Subsidiary obtained SFC Type 4 and Type 9 licenses
- 04.08.2020 07:33 pm
- Securities Services, Asset Management, Regulatory Standards
Huobi Asset Management (Hong Kong) Limited (the “Company”), the wholly-owned asset management subsidiary of Huobi Technology Holdings Limited (1611.HK), is pleased to announce that it was granted with Type 4 (advising on securities) and Type 9 (asset management) licenses by the Securities and Futures Commission (the “SFC”) on 31 July 2020 to conduct the respective regulated activities.
Forex trading increased by 300% during COVID-19
- 03.08.2020 05:26 pm
- Covid-19, Foreign Exchange
With 50% month-to-month growth in trading volumes, FX is on a roll - but what will happen when we’re back to normal? The coronavirus pandemic threw the world into a tailspin. More than six months after COVID-19 came into our lives, the international community is still dealing with substantial uncertainty. Hundreds of millions have lost their income, and the future remains undecided for people and businesses around the world.
Leading PPC expert Claire Jarrett urges SMEs to take back control of their Google Ads
- 03.08.2020 04:46 pm
- Covid-19, Management
Britain’s small businesses are being urged to cash in on Google’s free ad voucher scheme and take charge of their own campaigns rather than entrusting the health of their business to an external agency by one of the industry’s leading PPC experts.
Paymentology works with Utility Warehouse to help customers reduce their bills
- 03.08.2020 12:54 pm
- Transaction Banking, Payments
Utility Warehouse (UW), has selected cloud-based payment processing platform, Paymentology, to process its cashback card transactions. UW customers can benefit from cashback from thousands of market-leading online and high street retailers, including Sainsbury’s, Boots, and M&S. This cashback is automatically offset against their monthly utility bill.
MayStreet expands cash treasury offering with the addition of Fenics data
- 30.07.2020 05:54 pm
- Cash management, Liquidity, Data, Risk Management, Treasury
MayStreet, the industry’s leading market data infrastructure provider, today announced it has added Fenics USTreasuries (Fenics UST) to its US cash treasury data portfolio. Owned and operated by BGC Financial, L.P., Fenics UST is a low-latency, fully electronic U.S. Government securities trading venue that delivers displayed liquidity calibrated to the industry’s tightest tick increments.
BestX launches post-trade transaction cost analysis for equities
- 29.07.2020 03:26 pm
- Equities Trading, Transaction Banking
BestX, State Street’s foreign exchange and fixed income best execution analytics platform, announced today that it has expanded its award-winning execution analytics software and launched a post-trade transaction cost analysis (“TCA”) module for equity markets. Covering global stock markets, the new functionality provides clients with benefits of the unique BestX web interface alongside flexible data analysis, report configuration and generation... more
