ABN AMRO Bank Goes Live with New Release of IBAS, Building on Five-year Collaboration Agreement with CBA to Automate Trade Finance Processes
- 1 year 3 weeks ago
- Trade Finance
Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that ABN AMRO Bank has gone live on the latest version of CBA’s IBAS GTF – Global Trade Finance Factory solution which the bank uses to run its global trade finance operations. The successful go-live follows the signing of a five-year agreement between ABN AMRO Bank and CBA, giving both parties a solid foundation to continue collaborating and innovating in the... more
Amadeus and Emburse to Simplify Travel and Expense for Global Enterprises with Strategic Partnership
- 1 year 1 month ago
- Management
Leading travel technology company Amadeus and Emburse, the global leader in spend optimization, are joining forces through a strategic partnership to better address the business travel demands of global enterprises. The partnership will ensure a seamless experience from trip planning and booking, through to expense reporting, reconciliation, reimbursements and spend analytics.
Mastercard Selects AI Transaction Analytics Platform Fuse for Startup Engagement Program Start Path
- 1 year 1 month ago
- Management
AI-powered transaction analytics firm, Fuse, has been selected for the Mastercard Start Path Open Banking programme, an award-winning, global startup engagement programme. Through the programme, Fuse will have the opportunity to access hands-on mentoring through Mastercard’s global network to accelerate and scale its solutions to meet long-term growth plans.
CBA Supports IBAS User Banks with Successful Cutover to ISO 20022 Standard for Cross-border Payment Clearing, Settlement and Cash Management
- 1 year 1 month ago
- Management
Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that the latest version of its IBAS GBF – Global Banking Factory solution – is successfully in production at all user banks, ensuring full compliance with the new SWIFT ISO 20022 message standard for cross-border payments and reporting (CBPR+).
Hiscox Selects Ivalua to Digitally Transform its Source-to-Pay Processes
- 1 year 1 month ago
- Management
Ivalua, a global leader in spend management, today announced that, after a comprehensive selection process, Hiscox, an international specialist insurer, has selected Ivalua’s full, Source-to-Pay (S2P) solution to digitalise its global procurement operations.
PXP Financial AnyPay Achieves Oracle Validated Integration with Oracle Hospitality Shipboard Property Management System (SPMS) Expertise
- 1 year 1 month ago
- Management
PXP Financial, provider of acquiring and payment processing services and member of the Oracle PartnerNetwork (OPN), has achieved Oracle Validated Integration for its AnyPay platform with Oracle Hospitality Cruise Shipboard Property Management System (SPMS). This integration allows passengers travelling on ocean carriers to perform swift, flexible and reliable payments, utilizing services and products from both PXP Financial and Oracle.
EBAday: ‘68% of Businesses Lack the Tech Infrastructure to Operate Internationally’
- 1 year 1 month ago
- Management
68 per cent of businesses currently lack the appropriate tech infrastructure necessary to expand and need to be afforded with better solutions to operate internationally, according to industry experts at EBAday. A higher 70 per cent of business owners have ditched expansion plans beyond the UK due to high trading costs, revealed the SME Empowerment Report from financial toolkit, HedgeFlows.
Money Mindstates Data Store Launched by Metia Group to Offer Insight into People’s Evolving Relationship with Money
- 1 year 1 month ago
- Management
Following the successful launch of their B2B Directions data store in May, Metia Group, the global B2B marketing agency has launched a second data store: Money Mindstates. Money Mindstates gathers data about the motivations, behaviours and emotions of individuals involved in managing day-to-day personal finances, wealth generation, and wealth management on the road to financial freedom.
Glia and Illuma Partnership Brings Seamless Voice Authentication to Customer Interactions
- 1 year 1 month ago
- Management
Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automated self-service on a single platform, and Illuma Labs today announced a strategic partnership to streamline voice authentication for customer service interactions.
TransUnion Wins Credit Information Provider of the Year and Best Partnership With Lloyds Banking Group at the Credit Awards
- 1 year 1 month ago
- Management
TransUnion has been named Credit Information Provider of the Year in the UK for the third year running at the prestigious Credit Awards. In addition, the global insights and information company won Best Outsourcing and Partnership Initiative with Lloyds Banking Group, for providing customers with free access to their TransUnion credit score – helping them take charge of their financial wellbeing.
ACY Securities Partners with Currencycloud to Accelerate Their Clients’ Access to Trade the Global Market
- 1 year 1 month ago
- Trade Finance
Sydney-based multi-asset broker ACY Securities has partnered with Currencycloud, the experts simplifying business in a multi-currency world. By using Currencycloud’s plug-and-play platform, ACY Securities can now help traders to seamlessly deposit funds via local payment rails across 180 different countries and more than 35 currencies.
Hedge Funds, Proprietary Trading Firms Set to Accelerate the Adoption of New and Emerging Markets - Acuiti
- 1 year 1 month ago
- Management
Adoption of trading in emerging markets from hedge funds, proprietary trading firms and bank trading and execution desks are set to grow significantly as firms look to diversify trading strategies, seek unique opportunities and broaden exposures, a new study has found. The study Expanding Connectivity: Exploring the Challenges and Solution for Trading in New Markets, published today, was produced by Acuiti in association with BSO.
5 Years on From Wayfair: UK Businesses Struggle with Complex Online Sales Tax
- 1 year 1 month ago
- Management
Avalara, Inc., a leading provider of cloud-based tax compliance automation for businesses of all sizes, today released findings from a new survey* of 500 U.K. businesses revealing that online sales tax compliance remains complex and confusing for businesses to navigate as we mark the fifth anniversary of the Wayfair decision. Customers are paying for the cost of Wayfair complexity
Trading Different Asset Classes, for Longer, Proves More Profitable According to New Data
- 1 year 1 month ago
- Trade Finance
According to new data compiled by high-growth global trading platform Capital.com, clients who trade for longer periods of time across a wide range of asset classes are more profitable than those who close-out positions immediately or trade just one specific market.
Half of SMEs Expect Cashflow Increase, According to Paragon Bank
- 1 year 1 month ago
- Management
UK SMEs are preparing to increase investment despite concern over wider economy, new research reveals today. Small and medium-sized enterprises (SMEs) are increasingly positive about their own future, despite fears around the wider economy. According to Opinium data analysed for Paragon Bank, 45 per cent of SMEs expect cashflow to improve over the next three months. Over the course of a year, this figure rises to 55 per cent.