article thumbnail

Project Guardian: Interoperability From Tokenised Bank Liabilities Could Save Firms $50bn in FX Fees

The Fintech Times

As a Project Guardian participant, Ant International also leveraged its blockchain-based Whale platform to develop a global treasury management use case for real-time multi-currency clearing and settlement.

article thumbnail

N26 Partners With Eurobase For Treasury Management Support

PYMNTS

German bank N26 is partnering with financial software firm Eurobase International for its treasury management operations, BobsGuide reported on Monday (Nov. Headquartered in Berlin, N26 will use the Eurobase Siena platform to support its treasury management operations throughout most of the Eurozone, U.K.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

European Central Bank Picks Treasury Management Tech Provider

PYMNTS

Last year , OpenLink Vice President of Commodities & Treasury Solutions Mark O’Toole spoke with FX-MM about the intersection of Big Data and treasury management, noting that managing data for real-time risk mitigation is “a bigger challenger than you would imagine.”

article thumbnail

Ant International Combines Capabilities With Barclays to Make FX Transactions More Efficient

The Fintech Times

Ant International , the digital payment, digitisation and fintech provider, is joining forces with UK bank Barclays to enhance efficiency and resilience in global treasury management for businesses. Initial trial transactions already saw Ant International helping its clients saving on FX costs.

article thumbnail

Surviving the Silicon Valley Bank-pocalypse: Mastering Multi-Bank Management for Startups

Nanonets

Cash management, or effective treasury management, can often be the deciding factor for the success or failure of tech startups. To achieve success, it is crucial to manage cash flow, particularly the "burn rate," which refers to the rate at which money is spent before reaching profitability.

article thumbnail

Wipro Steps Into Treasury Intelligence

PYMNTS

Business information technology firm Wipro is stepping into the world of treasury management 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

article thumbnail

How Treasurers Are Guiding Firms Through The eCommerce Revolution

PYMNTS

It’s just one example Sinha provided of how treasurers have the opportunity to streamline and standardize the experience by guiding their firms in developing the payments experience for shoppers, while simultaneously mitigating financial risk for their organizations.

Treasury 118