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In Corporate Treasury, Apps Are Out, APIs Are In

PYMNTS

Anis Rahal, CEO of treasury management firm TreasuryXpress , has been a vocal proponent of API technology in recent months. Citi, for instance, recently revealed an API for its corporate treasurer customers, a way for these clients to link treasury and ERP solutions straight into Citi. Never in my life.

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Former BigPay, Monzo, VP Bank Leaders Launch Pave Bank with US$5.2M Funding

Fintech News

Pave Bank is a regulated commercial bank that offers business banking products such as multi-currency operating accounts, global payment connectivity, and treasury management solutions. Pave Bank is a full reserve bank, so all deposits and funds held will not be lent out or invested.

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Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

It offers International Bank Account Numbers (IBAN) through which businesses can send and receive payments in 25 currencies. “So, we built a solution using our own proprietary software which simplifies cross-border payments, FX and treasury, giving them everything they need to expand internationally, all in one place.

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Cobase, Ebury Team Up On FX Payments

PYMNTS

And, the processes are all integrated with other Cobase modules for cash and treasury management. We believe that companies of all sizes will increasingly use aggregated platforms, such as Cobase, to access financial services and manage their treasury functions," he said, according to the release.

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ING Tool Helps Treasurers Keep A Virtual Eye On Global Cash

PYMNTS

According to ING, Virtual Cash Management is a way for corporate money managers to use virtual IBAN bank accounts that link to a single account. Recent analysis by Deloitte pointed to inter-company transactions as a particularly challenging aspect of accounting and treasury management for corporates.

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Cross-border payments fintech Neo hits profitability after year of rapid growth

Fintech Finance

It offers International Bank Account Numbers (IBAN) through which businesses can send and receive payments in 25 currencies. Laurent Descout, co-founder and CEO of Neo , said: “When we founded Neo, we knew that businesses were being underserved by treasury management software and banks which was holding back their international aspirations.

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Pave Bank Emerges From Stealth To Bridge the Traditional Finance and Digital Economy

The Fintech Times

Pave Bank is a fully regulated commercial bank where clients can get business banking products (such as multi-currency operating accounts, global payment connectivity, and treasury management solutions). They will also have access to multi-asset custody, virtual IBANs, safeguarding accounts and PaveNet.

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