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Evolve Payment: The Safety of Cash Management

Evolve Payment

Cash: Navigating Safety in the Cannabis Industry The burgeoning cannabis industry presents a unique challenge when it comes to payment processing: striking a balance between safety, security, and regulatory compliance. The High Stakes of Cash Management Cash transactions have long been the standard in various industries.

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Partior Closes Series B at US$80 Million with Deutsche Bank Investment

Fintech News

Deutsche Bank’s additional investment reinforces Partior’s plans to scale its operations globally and enhance cross-border capabilities as well as develop functions like Intraday FX swaps and Just-in-Time multi-bank payments. Established in 2021 and backed by DBS Bank, J.P.

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ESG-Linked Payments in Transaction Banking

Finextra

Companies published sustainability reports to satisfy investors and regulators, but these reports stayed in annual documents and never touched daily payment systems. However, these tools lived in capital markets rather than in routine cash management, and their influence depended on large issuances instead of everyday transactions.

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BofA’s CashPro® App Will Surpass a Record $1 Trillion in Payment Approvals for the Year

Fintech Finance

By the end of 2024, Bank of America corporate clients will have made over $1 Trillion in payment approvals on the banks CashPro App, the mobile application that companies use to manage their treasury operations. 1] Lauren Hobbs, Cash Management Manager at the energy infrastructure company Sempra, is a CashPro super user.

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The Journey of Payments and Clearing Systems in India

Finextra

These banks introduced formal ledger-based accounting and cheque payments. Cheque System: The cheque emerged as a formal payment instrument, requiring physical movement and manual clearing processes. This was a significant step towards non-cash payments but was slow and prone to errors.

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Deutsche Bank Partners with Silverflow to Redefine Card Acquiring and Digital Payments in Europe

Fintech Finance

Silverflow , the new standard in payment processing , has partnered with Deutsche Bank to launch a new cloud-native payments platform across Europe. Deutsche Bank acts as the acquirer plus optional PSP & cash management services, allowing merchants to tailor transaction costs, settlement timing, and risk parameters to their needs.

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StanChart to Support StraitsX Stablecoin Reserves

Fintech News

StraitsX, a Singapore-licensed stablecoin issuer and digital payment infrastructure provider, has partnered with Standard Chartered to strengthen the reserve management of its U.S. Dollar (XUSD) and Singapore Dollar (XSGD) stablecoins. Standard Chartereds involvement brings institutional-grade reliability to the stablecoins.