Keep up to date with the latest in treasury and finance
Clients Turn to Mobile for Added Visibility and Control Over Their Payments By the end of 2024, Bank of America corporate clients will have made over $1 Trillion in payment approvals on the bank’s CashPro App, the mobile application that companies use to manage their treasury operations. This will represent a more than 25% year-over- […]
Today, Citi released a new report ‘Treasury 2030: Modernise or Risk Irrelevance’ which uncovers the challenges and opportunities for corporate treasury functions to offer true value-add to drive business growth. The report depicts how corporate treasurers have a unique opportunity to create value helping their firms compete in an increasingly 24/7, real-time world. Citi’s research […]
MUFG is pleased to announce further efforts to strengthen its digital trade finance capabilities by adding Surecomp’s RIVO platform as its new trade finance multibank channel, complementing MUFG’s existing third-party channels in EMEA. As clients examine ways to improve efficiency and effectiveness of their financing processes, MUFG remains committed to facilitating these improvements by streamlining […]
Northern Trust Asset Management (NTAM) expects strong earnings and healthy sales growth to support U.S. stock outperformance in 2025. In the fixed income market, income potential combined with generally higher credit quality make high yield bonds attractive for investors. Summarizing the outlook, NTAM Chief Investment Officer of Global Asset Allocation Anwiti Bahuguna, Ph.D., said: “In […]
Demica announces that assets under administration (AuA)1 have surpassed $40bn, representing over $240bn of invoice flow over the course of the year. Compound annual growth of assets on the Demica platform over the last eight years (since 2016) is over 40% – reflecting the global demand for Demica’s supply chain finance solutions, the success of […]
Partior, the blockchain-based fintech for real-time clearing and settlement, is pleased to announce that Deutsche Bank has joined its Series B funding round as a strategic investor, bringing the total investment to $80 million. This marks the close of the second round in Partior’s Series B funding and comes on the heels of the first […]
Surecomp today announced that, together with BNP Paribas and Vanderlande, it has successfully piloted a new corporate-to-bank connectivity standard designed by Swift and the International Chamber of Commerce (ICC). The Application Programming Interface (API)-based communication channel enabled Dutch logistics company Vanderlande – a leader in future-proof logistic process automation for the warehousing, airports and parcel […]
J.P. Morgan announces the launch of its Private Markets Data Solutions for institutional investors, available through Fusion by J.P. Morgan. This is a comprehensive data management solution for private assets that enables investors, both General Partners (GP) and Limited Partners (LP), to analyse and gain transparency into their complete portfolio across public and private holdings […]