Lloyds Bank Completes its First Wavebl Electronic Bill of Lading Transaction
- 9 months 3 weeks ago
- Transaction Banking
Lloyds Bank has completed its first transaction using an electronic Bill of Lading (eBL) on the WaveBL trade documentation platform, in a cross-border deal that featured entirely digital exchanges of documentation.
Nuvei Launches Invoice Financing to Unlock Merchant Cash Flow
- 9 months 4 weeks ago
- Cash management
Nuvei Corporation, the Canadian fintech company, today announces the launch of its new Invoice Financing services that have been integrated into several leading enterprise resource planning (ERP) platforms, including Sage and Acumatica. This new service enables merchants to access Nuvei's Invoice Financing solutions directly within their ERP systems to optimize cash flow and unlock working capital more efficiently.
Akoni Hub Partners with Reliance Bank to Provide Enhanced Savings Management Services
- 10 months 6 hours ago
- Cash management
Akoni Hub has formed a partnership with Reliance Bank to make its savings products available on Akoni’s cash management platform. Akoni’s customers are now able to place money in Reliance Bank’s Instant Access, Notice and Fixed Term Deposit accounts via Akoni’s online system.
Spendesk Acquires Okko to Fully Integrate Procurement and Spend Management
- 10 months 1 day ago
- Management
The complete spend management platform, Spendesk acquires Okko, a French procurement company. By integrating the technology and resources of Okko, Spendesk becomes the first European solution to fully integrate procurement and spend management for mid-sized businesses.
Kyriba Announces First of Its Kind Innovation with Onyx by J.P. Morgan and Expands Global Partner Ecosystem
- 10 months 3 days ago
- Cash management, Payments
Today, Kyriba, a global innovator in liquidity performance, announced a first-of-its-kind innovation with Onyx, J.P. Morgan’s blockchain business unit, to improve cash management, payments, and liquidity performance for CFOs and Treasurers.
Xoom Enables PayPal USD as a Funding Option for Cross-Border Money Transfers
- 10 months 6 days ago
- Foreign Exchange
Xoom, PayPal's cross-border money transfer service, announced today that U.S. users now have the option to fund money transfers to friends and family abroad using USD converted from PayPal USD (PYUSD), a U.S. dollar-denominated stablecoin. Rolling out to customers in the U.S. starting today, the new funding option will allow U.S.
Scott Dunn Selects Nium to Improve Hotel Cash Flow Management with Virtual Card Payments
- 10 months 1 week ago
- Cash management
Nium, the leader in real-time cross-border payments, today announced its partnership with luxury tour operator Scott Dunn to issue virtual cards to its global network of hotel providers.
SMEB Calls for Public Input on Locations for First Cash Deposit Banking Hubs
- 10 months 2 weeks ago
- Cash management
SMEB, a banking and financial technology company dedicated to supporting small business, has launched a nationwide consultation for locations to place their brand-new cash deposit bank hub for small businesses.
Clip Money Expands Cash Management Suite Through ClipChange
- 10 months 2 weeks ago
- Cash management
Clip Money, Inc., a leading provider of end-to-end cash management for businesses, has announced the addition of ClipChange to its product suite. The launch of Clip’s new delivery service exemplifies its commitment to providing innovative solutions that modernize business cash operations, offering an efficient way for retail businesses to place change orders.
Travelex Wins Munich Airport Tender
- 10 months 2 weeks ago
- Foreign Exchange
Travelex, a market-leading foreign exchange brand, has won the tender to operate foreign exchange and tax refund services for the Terminal 1 non-Schengen Terminal at Munich Airport.
Euroclear to Invest in IZNES, a Leading Solution Enabling an Innovative Funds Distribution Model
- 10 months 2 weeks ago
- Management
Euroclear and IZNES today announce that Euroclear will acquire a stake in IZNES, a pan-European funds marketplace based on blockchain technology. The transaction will be subject to customary closing conditions and regulatory approvals. Financial terms will not be disclosed.
Confluence Integrates MSCI ESG Research Data Into Its Style Analytics Solution
- 10 months 2 weeks ago
- Management
Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider for regulatory and investor communications for the investment management industry, announced today it is integrating comprehensive MSCI ESG Research data into its leading factor investing analytics solution, Style Analytics.
Nationwide Building Society Confirms Offer for Virgin Money UK PLC and Extends Branch Promise
- 10 months 3 weeks ago
- Cash management
Nationwide announces today that it has agreed the terms of a recommended cash offer with Virgin Money’s Board for the Virgin Money business.
Plum Launches Market-leading Cash ISA with 5.15% AER
- 10 months 3 weeks ago
- Cash management
Smart money app Plum is launching its Cash ISA today with a market-topping rate of 5.15% AER (variable), designed to reward savers and protect their savings from tax. The Plum Cash ISA holds cash savings tax-free up to the ISA limit of £20,000. It is available to all customers in the UK, who can also benefit from Plum’s smart automation to manage their money.
Levenue Acquires Midfunder to Accelerate Growth in Switzerland
- 10 months 4 weeks ago
- Management
Levenue, Europe’s largest revenue based financing company, has acquired MidFunder, a Zurich based FinTech that provides financing for companies with recurring revenue. The acquisition marks a strategic move to enhance its Swiss operations. Founders address market gap with MidFunder