3 November 2022

AccessPay and Finastra Deliver Corporate-to-bank Connectivity

AccessPay and Finastra have teamed up to remove the challenges and reduce the costs associated with traditional corporate banking’s host-to-host connections.

Enabling banks to offer direct connectivity for payments to a wider range of corporate customers, the partnership strengthens corporate...

1 November 2022

Swift Appoints Max Mamondez as Chief Financial Officer

Swift today announces the appointment of Max Mamondez as Chief Financial Officer. A seasoned finance executive with over 25 years of international experience, Mamondez will serve on Swift’s Executive Committee and report directly to CEO Javier Pérez-Tasso.

Mamondez has cultivated innovation and...

27 October 2022

Top Global Merchant Acquirer J.P. Morgan Expands Acquiring Capabilities in Asia Pacific

J.P. Morgan, the leading merchant acquirer globally by volume of transactions[1], is ramping up its Merchant Services capabilities in Asia Pacific as it looks to offer the full spectrum of its payments services to corporates operating in a region that accounts for the largest retail e-commerce sales in the...

26 October 2022

Kyriba Revolutionises Cash Forecasting for CFOs with Liquidity Planning Platform

Kyriba announces the launch of Liquidity Planning, a totally reimagined cash flow planning and forecasting solution. Liquidity Planning unifies FP&A, working capital and treasury data across multiple scenarios, giving CFOs data, insight and actionability to accurately manage the cash lifecycle and...

24 October 2022

Bank of America Intelligent Receivables Upgraded With AR Forecasting Capabilities And Enhanced Reporting

Bank of America today announced that it has enhanced its accounts receivables matching solution Bank of America Intelligent Receivables with additional reporting and new forecasting capabilities, providing clients with insights based on historical trends and their customers’ behaviors. The bank also...

21 October 2022

Token Teams up with NatWest Group to Unlock Wider Range of VRP Use Cases

Open Banking payments platform Token today announces it will enter into an agreement with NatWest Group to offer Variable Recurring Payments (VRP) for non-sweeping services.

The news, a significant industry development, was delivered by Token’s Chief Product Officer Charles Damen and NatWest Group’s...

19 October 2022

New Report Finds that Corporates are Ramping up FX Hedging Amidst Mounting Currency Volatility

A new report from FX-as-a-Service pioneer, MillTechFX, has found that recent currency volatility is ramping up pressure on senior-finance decision makers at corporates, forcing many to adapt their risk management practices.

The report entitled ‘MillTechFX CFO FX Survey 2022: The intensifying FX...

14 October 2022

Absa launches 6th annual Africa Financial Markets Index

African markets build resilience in challenging environment

Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region

African countries have responded positively to the need to develop domestic financial markets to protect economies from...

13 October 2022

HSBC Asset Management Launches USD ESG Money Market Fund

HSBC Asset Management (HSBC AM) announces the launch of a new ESG money market fund (MMF), the HSBC US Dollar ESG Liquidity Fund. This follows the successful launch of the HSBC Sterling ESG Fund, which has grown rapidly to over £1billion since its launch in October 2021[1].

The fund will invest in a...

12 October 2022

BNP Paribas sign agreement for the acquisition of Kantox

BNP Paribas has announced the signature of an agreement for the acquisition of Kantox, a fintech for automation of currency risk management. Kantox’s software solution has re-bundles the Corporate FX workflow, offering a one-stop-shop, API driven, plug-and-play solution which has emerged as a valuable...

12 October 2022

Cachematrix by BlackRock Launches New Mobile App for Liquidity Investors

Cachematrix, one of the world’s largest and longest running market platform companies for cash management[1], announced today that clients of the Cachematrix by BlackRock portal will now be able to access their liquidity marketplace via a mobile application. The app is now available for cash investors...

11 October 2022

Bank of America Expands Its CashPro Payment API Capability To Over 350 Payment Types

Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than 350 payment types and bundle payments. The development comes as Application Programming Interfaces (APIs) continue to transform business-to-business (B2B) and business-to-consumer (B2C)...