17 May 2022

DBS Dials up Digitalisation Efforts to Meet Burgeoning Demand for SCF Across Asia

Singapore – With prolonged global trade disruptions accelerating the demand for digital services to strengthen supply chains, DBS is dialling up efforts on digitalising financing capabilities offered through trade platforms, potentially benefiting more than 15,000 SMEs across Asia by end 2022. According to the DBS Digital Readiness Survey [1], 97% of businesses in Asia-Pacific have

16 May 2022

Coordinated Lines of Defence Key to Combatting Payment Fraud, Says New Deutsche Bank Paper

Deutsche Bank’s latest paper explores the importance of close collaboration between corporates, banks and technology providers to build a collaborative and robust defence against payment fraud. Today, Deutsche Bank launches its latest whitepaper – “A corporate’s guide to payment fraud prevention” – which highlights the increasing need for corporates, banks and technology providers to work

12 May 2022

Trade finance Survey Reveals Only 6% of Companies ‘Entirely Happy’ with Current Processes

Toronto, Canada – Surecomp today announced the results of a recent survey with CFOs and Treasurers focusing on trade finance processes in varying companies across the globe. The survey found that only 6% of respondents are ‘entirely happy’ with their current trade finance process. Almost four out of ten are unhappy with their existing arrangements,

12 May 2022

FIS and Treasury Prime Help Small and Mid-Sized Financial Institutions Digitally Transform

New FIS embedded finance offering is developed in partnership with Treasury Prime using application programming interfaces (APIs) that make it easier for financial institutions to offer enhanced digital banking capabilities. Embedded finance services are easily scalable and create new revenue streams for small and mid-sized banks and fintechs by delivering solutions such as digital deposits,

11 May 2022

GTreasury Works with Moody’s Analytics to Provide Market-Leading ALM Capabilities

Chicago – GTreasury today announced a collaboration with Moody’s Analytics, a global provider of analytic tools and risk assessment capabilities, to enable customers to seamlessly leverage Moody’s Analytics’ market-leading asset and liability management (ALM) SaaS product. Moody’s Analytics’ ALM SaaS product is now available as an interoperable and integrated component within GTreasury’s continuously modernising software-as-a-service

10 May 2022

Oxford’s Smith School of Enterprise and the Environment Announces Collaboration with Bank of America

Bank of America pledges £1.2m to the University of Oxford to support ground-breaking greenhouse gas removal and sustainable finance research at the Smith School of Enterprise and the Environment. The collaboration will support 3 years of research focussed on 2 key areas and will also support a Director’s Research fund, that will enable the School

10 May 2022

TreasurySpring Partners with the London Stock Exchange to Offer Short-term Sustainable Funding

London – By partnering with the London Stock Exchange, TreasurySpring can now offer investment corporations a unique opportunity to access short-term sustainable funding from its fast-growing client base of 100+ cash rich investors. Through the London Stock Exchange’s Issuer Services platform, TreasurySpring offers issuers a unique opportunity to access short-term sustainable funding from its fast-growing

10 May 2022

Nomentia Appoints Hubert Rappold as Chief Sales Officer

Helsinki – Rappold will oversee Nomentia’s global sales and marketing teams and continue to expand the company’s position as a leader in cash and treasury management to new markets with a strong focus on the Nordics, DACH and Benelux. Rappold will sit on the company’s leadership team and be responsible for leading Nomentia’s global sales

9 May 2022

APIs and Digital Ecosystems are Key to Circular Economy and Sustainable SCF

London and Frankfurt – Commerzbank has released a comprehensive whitepaper that explores the potential of application programming interface (API) technology to encourage collaboration and facilitate sustainable supply chains through digital ecosystems, positioning businesses to adapt to the sustainability focused landscape. The whitepaper, titled How API based ecosystems can serve circular economy, looks at the role

5 May 2022

HSBC Appoints New Head of Global Trade and Receivables Finance

HSBC has appointed Vivek Ramachandran as Head of Global Trade and Receivables Finance (GTRF), with immediate effect. The appointment is a return to HSBC for Vivek, who first joined HSBC in 2015 as Global Head of Product and Propositions for GTRF, and subsequently became Global Head of Growth & Innovation for HSBC Commercial Banking. He

5 May 2022

CNote Expands Access to Capital for Community Financial Institutions With $25 Million From Apple to Support Communities of Color

Today, CNote announced that Apple will use the CNote platform to deploy $25 million into underserved communities across the country. Apple’s $25 million commitment is part of its broader Racial Equity and Justice Initiative, an effort to address systemic racism in America and expand opportunities for communities of color. The new funding builds on Apple’s

4 May 2022

Citi Launches SEPA Instant Payments in Europe

Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s global Instant Payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA Credit Transfers to be made within seconds, 24/7 and funds