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The bank will collaborate with Ant International’s Embedded Finance unit on a series of global treasurymanagement and cross-borderpayment innovations, including tokenised deposits, stablecoin, and its Time-Series Transformer (TST) FX Model.
Deutsche Bank and Ant International have entered a strategic partnership aimed at enhancing cross-borderpayment services for businesses of all sizes in Europe and Asia. The agreement combines Deutsche Bank’s global network with Ant International’s digital payment technologies.
Now, Deutsche Bank will be the first German bank to facilitate Ant International’s blockchain-based real-time treasurymanagement platform to enable real-time fund transfers between Ant International’s intragroup entities. This will enable more efficient and transparent global treasurymanagement for Ant.
Home News Wholesale Trovata buys treasurymanagement system Atom Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
For decades, the heart of corporate finance has been the CashManagement System (CMS). Financial management has always been about leveraging the best available technology. In the present, the digital age gave us ERPs and treasurymanagement systems. The future of cashmanagement is not about better spreadsheets.
Modern finance teams rely heavily on embedded finance, SaaS fintech software, finance APIs, and cloud-based platforms to run everything from payments to compliance to cashmanagement. Currencycloud Provides APIs for real-time FX, multi-currency wallets, and global payments infrastructure, powering many B2B fintech platforms.
From retrieving account balances and initiating transactions to analysing cross-borderpayments and generating reports, MO AI delivers instant, contextual responses, transforming fragmented workflows into a unified, real-time experience. Welcome to Finextra. We use cookies to help us to deliver our services.
Ant International and BNP Paribas have entered a strategic partnership to enhance cross-borderpayment solutions for European merchants and consumers. BNP Paribas will sponsor WorldFirst’s integration into SEPA, allowing WorldFirst’s clients to access real-time payment schemes under SEPA and automate treasurypayments.
The European Union’s leading bank, BNP Paribas and Ant International , a digital payment and financial technology leader, have formed a strategic partnership to enhance cross-borderpayment solutions for merchants and consumers in Europe.
BNP Paribas , the multinational bank, is joining forces with Ant International , a digital payment and financial technology leader, in a move to enhance cross-borderpayment solutions for merchants and consumers across Europe.
In a first for the Bank of China, the financial institution has linked up with its first foreign bank for interbank cashmanagement of a corporate client. The two launched their co-hosted platform in January of this year to provide a centralized treasurymanagement service for Bosch.
With the impending launch of Spring by Citi , Citi ’s Treasury and Trade Solutions (TTS) is increasingly incorporating the consumer payments experience into its broader B2B treasurymanagement and transaction banking offering as it moves to support its institutional clients in their own journeys to meeting customer payment demands.
These companies include NFTgo, a NFT data aggregator; Call Levels, a real-time financial monitoring and notifications app; Coinpip, a cryptocurrency payment provider; InvestaX, a tokenization software-as-a-service (SaaS) platform; and Wallex, a payment and cashmanagement solution for businesses.
Yet, for several years, treasurers have been moving toward centralized treasurymanagement solutions and processes, largely in an effort to boost payment efficiency.
The company said that the API-led platform will let partners — including banks, retailers, credit unions and others — access payment and foreign exchange services through a single place. Services include cashmanagement and cross-borderpayment and currency conversion across APIs.
But the executive insights in the pages that follow offer a bit of roadmap for cashmanagers to see more restful nights. Manish Kohli, global head of payments and receivables at Citi , noted that treasurers must grapple with geopolitical uncertainty and the constant threat of cyberattacks. Among the Highlights.
Morgan’s blockchain business unit, to improve cashmanagement, payments and liquidity performance for CFOs and Treasurers. will fully embed bank reporting and bank payment connectivity for Workday Financial Management to help Workday customers achieve greater banking agility.
.” This is beneficial to both banks and corporates, as traditional treasurymanagement systems don’t typically offer capabilities beyond payments and cashmanagement. Digitizing these processes and documents is one key step in improving trade finance.
Tripping Up CashManagement. Without the ability to obtain bank account data in real time, organizations and their treasurers cannot quickly and efficiently analyze cash positions, initiate transactions, or forecast cash flow. That’s not to say such innovations won’t have a positive mark on the treasurymanagement world.
ING Wholesale Banking has announced a new solution aimed at corporate treasurers in need of managingcash across borders. Dubbed Virtual CashManagement (VCM), the solution, announced on Wednesday (Aug. The Virtual CashManagement tool is ING’s effort to guide treasurers into this new role, it said.
Sixty per cent of businesses are willing to switch cross-borderpayment providers – even at a similar or higher cost – if it means accessing better service and technology. Banks that fail to modernise risk becoming obsolete in key areas such as FX, treasurymanagement, and international payments.
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