This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This marks a major step towards instant and 24/7 treasurymanagement for both companies, optimising treasury and working capital management for Ant International and its entities.
The bank will collaborate with Ant International’s Embedded Finance unit on a series of global treasurymanagement and cross-border payment innovations, including tokenised deposits, stablecoin, and its Time-Series Transformer (TST) FX Model. This will enable more efficient and transparent global treasurymanagement for Ant.
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.
This new virtual card complements WorldFirst’s existing World Account, which provides global payment, collection, currency conversion, and treasurymanagement services. Additionally, a physical version of the World Card is planned for release in 2025 to facilitate in-person transactions.
As the creators of Nigeria’s largest price discovery engine, Naira Rates , Juicyway facilitates remittances and provides access to FX through various payment channels. The platform supports fiat currencies like the Nigerian Naira (NGN), US Dollar (USD), and Canadian Dollar (CAD), as well as cryptocurrency transactions.
The new offering enables Israeli and global Airwallex customers to open accounts, facilitating seamless transactions in ILS via the Israeli payment network. Transfers can be made through MASAV (ACH) or Zahav (RTGS), providing businesses with greater flexibility and efficiency in managing their global financial operations.
Ant International is also working with StraitsX to enable the efficiency and interoperability of payments made via PBM through the Whale platform, Ant International’s treasurymanagement solution.
Now, with Borderless Banking, firms can access local accounts to receive payments and automate collections, facilitate international payment disbursement with real-time tracking, and optimise global treasurymanagement by ensuring the visibility of balances in all accounts.
LianLian Global offers a comprehensive suite of services designed to facilitate international commerce. It is the flagship brand of LianLian DigiTech, a Chinese fintech company publicly listed on the Hong Kong Stock Exchange. This suite includes a cross-border digital wallet, card acceptance solutions and FX. million companies worldwide.
NatWest has partnered with Capco , the global management and technology consultancy, to ensure a smooth transition for its systems and clients as the financial industry moves to adopt ISO 20022 for payments and reporting.
According to OpenPayd officials, the addition of stablecoin capabilities is intended to support business use cases such as treasurymanagement, global payouts, and digital asset services.
OCBC has previously collaborated with Ant International, joining Alipay+’s network in 2023 to facilitate cross-border payments between Singapore, Malaysia, and South Korea. The partnership marks OCBC ‘s first foray into tokenization with Ant International and builds upon their existing relationship.
This enhanced data quality facilitates easier and more accurate reconciliation of payments with invoices, reducing manual intervention and errors. However, companies will need to update their systems and processes, including ERP and treasurymanagement tools, that effectively handle these new structured data formats.
In today’s volatile business environment, there’s no questioning the pivotal role effective treasurymanagement plays in ensuring financial stability and facilitating strategic decision-making. As Bob Dylan put it: “The times they are a changing.”
Treasurymanagement firm Reval, which provides cloud-based cash management solutions, is now linking its corporates into the SWIFT network. A partnership with Reval, Adams said, means those onboarded users can also benefit from automated treasurymanagement solutions. Ed Adams in a statement.
At the same time, they’re challenged to manage growing volumes of data while implementing technologies to facilitate straight-through processing, due diligence, stress tests and risk checks.
Through the project , HKMA explores financial market infrastructure that facilitates seamless interbank settlement of tokenised money through a wCBDC. Having completed building the sandbox, HKMA will use it to facilitate interbank settlement using experimental tokenised money, focusing on transactions involving these tokenised assets.
Through this alliance, Thunes and MBANK will facilitate seamless money movement to and from the country. The collaboration empowers local licensed institutions and merchants to conduct a wide range of transactions, including B2B, P2P, B2C, and C2B payments.
The treasurymanagement unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. PNC TreasuryManagement joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions.
Earlier this week, Anis Rahal, CEO of treasurymanagement company TreasuryXpress, told PYMNTS that the API has potential to disrupt the treasurymanagement solutions space. The API is the future of treasury,” Rahal said in a statement. Now, the company is acting on that belief.
Business information technology firm Wipro is stepping into the world of treasurymanagement with an eye on data analytics. 13) that it is rolling out its Treasury DNA platform , which stands for Decisions and Analytics, to provide a cloud-based analytics solution for corporate treasurers. The India- and U.S.-based
A lot of what the pandemic did was force our industry to truly be digital, to facilitate frictionless transactions,” TCH Senior Vice President Elena Whisler said in a recent conversation with PYMNTS. “It To facilitate this transition in handling 24/7 cash flow, Whisler said TCH offers services such as intraday reconciliation.
In 2019, news surfaced that PNC Bank had started to utilize RippleNet to facilitate cross-border transactions. PNC was reportedly the first U.S. bank to use RippleNet’s blockchain network to move money across borders.
This alliance will allow TeleMoney to send funds directly to digital wallets and facilitate seamless bank transfers across key markets in Asia and Africa.
bank PNC has begun using RippleNet to facilitate cross-border transactions, reports said Thursday (Aug. The solution is available to corporate clients of the bank’s PNC TreasuryManagement unit, according to reports, and will enable PNC to offer businesses real-time global payments.
To enhance its global e-commerce operations, Shein has strategically partnered with various payment service providers such as Adyen, PayPal, Nuvei, and Klarna, facilitating shopping for its global customer base through seamless payments and cutting-edge technology. million active shoppers.
This combination of facilitating payment and data connectivity was the motivation behind Transcard's launch of automated account-to-account (A2A) transactions. Just as important — if not more so — is the movement of transaction data that enables businesses to reconcile transactions and manage finances. Deepening Data Ties.
Fleet management platform Vector is expanding its Delivery-to-Cash offering with the introduction of automated invoicing and accounts receivable functionality. Load data is automatically populated into invoices, which can be combined with other delivery documents from existing treasurymanagement portals.
FIS is facilitating real-time payments services to the FIs, while The Clearing House operates the RTP system that enables instant payment settlement and availability of funds. BELLIN Secures SWIFT gpi Label.
HSBC is increasingly relying on blockchain technology to facilitate its foreign exchange trading services, reports in Financial Times said Monday (Jan. Beyond FX management, trade finance is another popular use case for blockchain disruption, and one HSBC has been focusing on as well.
The move could lead to the development of the largest global B2B commerce platform and facilitate connections between 1.5 One of the latest companies to invest in treasurymanagement APIs is financial management firm Citi. Speaking of expansion, Tradeshift announced it will acquire IBX Business Network from Capgemini.
To bolster its business banking proposition, Virgin Money is reportedly working with FinTech Codat to facilitate data connectivity between corporate customers and the bank. Reports in NS Banking said the partnership is part of Virgin Money's SME Wellness Tracker, a financial management portal staged for launch later this year.
As banks look to pair with FinTechs to meet the treasury needs of their corporate customers, they’re also looking towards such innovators to integrate some of those same solutions in-house. One technology Beaulande cited as especially helpful to banks’ treasury departments is the API.
Rather, through bank-FinTech collaboration, and through technologies like APIs to facilitate data integration, the U.S. “Friction is being reduced, and new ways of engaging with financial institutions are taking form, which provide new and improved financial services,” he said. . “The U.S. ”
Reports in Treasury-Management on Wednesday (Jan. 15) said HSBC announced the launch of its Treasury APIs in 27 markets around the world. The APIs are available within ERP systems, treasurymanagement platforms and other portals in use by corporate treasurers today.
Payments are facilitated using virtual Visa commercial cards, ACH and checks. Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods. A customer service team will assist vendors in moving to electronic payments.
She, alongside Stripe Business Lead of Treasury Tara Seshan and City National Bank Executive Vice President of TreasuryManagement Solutions Verna Grayce Chao , agreed that the embrace of bank- FinTech collaboration has proliferated the opportunity to drive embedded business banking experiences.
Using infrastructure developed by Visa within its Visa Direct service, Interchecks is leveraging its own platform to facilitate real-time transactions for corporate clients of First Horizon's treasurymanagement solutions.
The Enterprise Payment Hub consolidates the end-to-end payment process into a single platform, ensuring system-controlled security, consistency of payment workflows, file encryption, reliable connectivity, cut-off time management, and payment monitoring. This makes it ideal for organizations looking to centralize their payments landscape.
Additionally, BNP Paribas will leverage Ant International’s Whale platform to explore opportunities in tokenized deposits for global treasurymanagement. The Whale platform leverages the blockchain to facilitate commercial digital payments and financial services on a global scale.
PNC Bank ‘s TreasuryManagement unit announced its participation in Ripple ‘s blockchain cross-border payments network RippleNet, a move that allows corporate clients to accelerate accounts receivable and receive payments from across borders in real time. in blockchain development efforts.
Bottomline will also deploy its Intelligent Engagement Model to facilitate customer onboarding, the companies said. The tool offers businesses greater flexibility in how they pay vendors and matches payment type to what suppliers need. ” This is TD Bank’s latest FinTech collaboration targeting the corporate segment. .
Overflow , a fintech that facilitates charitable giving, raises $20 million in new funding. Airwallex forges multi-year partnership with McLaren Formula 1 team to support its treasurymanagement and cross-border payout operations. Payments Atlantic Money secures authorization to bring its money transfer service to the U.S.,
Treasurymanagement firm Kyriba just landed a big client. The company announced on Tuesday (April 19) that American Express Global Business Travel (GBT) has chosen Kyriba’s Payment Factory payment processing solution to facilitate payments to GBT suppliers. “We
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content