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This will represent a more than 25% year-over-year increase in payments approved via the app, illustrating that clients are further utilizing the technology for its enhanced security and convenience. Surpassing the trillion-dollar milestone illustrates the value clients gain from the convenience, control and transparency of payment approvals.
19), Bank of the West revealed news that it is adding new cashmanagement solutions for its commercial banking customers. Bank of the West’s Commercial Banking Group announced the rollout of DirectPay Manager and Remote Cash Capture, two solutions aimed at facilitating cash flow management for corporate clients.
Santander Bank is rolling out a new solution for its corporate clients. and will provide cashmanagement services for such corporate customers. The financial institution (FI) announced Tuesday (Dec. 12) that its Treasury Link solution is now live in the U.S.
Barclays has announced the launch of a new branch in Luxembourg that will provide multinational clients with transaction banking services. The branch, to be led by Snorre Tysland, will offer corporates and financial institutions banking products that include cashmanagement, debt, foreign exchange and trade finance facilities.
Features: Bank reconciliation and cashmanagement functionalities General ledger ensures comprehensive financial tracking Workflow management, allowing for efficient approval processes and control over spending. T Tax management, activity tracking, and version control. Fraud detection and duplicate payment alerts.
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