3 May 2022

Net sales of long-term UCITS fell to low levels in February 2022

The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for February 2022, at European level and by country of fund domiciliation. Bernard Delbecque, Senior Director for Economics and Research at EFAMA, commented: “Concerns surrounding Russia’s invasion

29 April 2022

Kyriba and ICD Launch API to Power Automation, Liquidity Insight Across the Investment Workflow

Kyriba announces the launch of a new API connector with ICD to deliver real-time visibility of cash and short-term investments for CFOs and Treasurers. The API integration enables treasury teams to research, trade, analyse, and report on investments. In addition, joint clients can sweep excess bank balances into money market funds to ICD from their

27 April 2022

CRX Markets Partners with EcoVadis to Integrate ESG Ratings Across Corporate Financing Offers

CRX Markets today announces a partnership with EcoVadis. The partnership aims at seamlessly integrating EcoVadis ratings into the CRX Marketplace, enabling financing partners to assess corporate sustainability in a fact-based manner and offer appropriate financing rates. Founded in 2012 and transacting €1.5 billion in monthly financing volume in 60+ countries, CRX Markets now offers its

26 April 2022

BNY Mellon Drives Industry Reduction in Paper Checks as Sustainability Goals Ramp Up

BNY Mellon is leading efforts to reduce check-based payments as sustainability goals and environmental concerns take root across the globe. To support US clients’ transition from paper to electronic transactions, the bank is leveraging a series of digital innovations and financial benefits. These initiatives include the exploration of carbon-tracking tools that could show clients the

25 April 2022

FCA Review Finds Weaknesses in Challenger Banks’ Financial Crime Controls

A recent review conducted by the Financial Conduct Authority (FCA), and published online today, has found that some challenger banks have significant weaknesses within their financial crime controls, and need to improve how they assess financial crime risk. The review, conducted over 2021, revealed that in some instances challenger banks did not have financial crime

21 April 2022

Bank of America Will Transition to Recycled Plastic for All Plastic Credit and Debit Cards Beginning in 2023

Bank of America today announced that it will transition all plastic credit and debit card products to be made from at least 80% recycled plastic starting in 2023. The company is the first US based bank to make this commitment across its entire debit and credit card portfolio, in keeping with its focus to reduce

21 April 2022

European MMF Regulation: EC’s Consultation Closes on 13th May 2022

Have your say about proposed changes to MMF regulation in Europe and help mitigate the possibility of unintended consequences. Participate in the European Commission’s consultation process by completing the targeted questionnaire – the deadline for input from MMF investors and managers alike is 13th May 2022, so do not delay.

21 April 2022

Aedifica Selects ION Treasury’s Reval TMS Solution

ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, and central banks, has successfully implemented its Reval SaaS Treasury and Risk Management System for Aedifica, a Euronext-listed specialist in European healthcare real estate. As Aedifica continues to expand and optimise its real estate portfolio, Reval will help the company

20 April 2022

Nomentia and Medius Strengthen Go-to-Market Activities in Cash Management and Source-to-pay Markets in the Nordics

Helsinki, Finland: Nomentia today announced that it has entered into a commercial partnership with Medius to further strengthen its market presence in the Nordic market. In March, Medius announced a partnership with Nomentia to simplify accounts payable (AP) and payment processes utilising Nomentia’s bank connectivity as a service capability. The partnership is the next step

19 April 2022

Launch of Societe Generale’s Payment & Transaction Banking Start-Up Accelerator

Societe Generale launches its first acceleration programme dedicated to startups linked to trade finance, cash management, factoring, and cash clearing & correspondent banking activities. The Group, a partner of many startups, is launching a new call for projects to improve the customer experience in the transaction banking sector, by increasing the performance and productivity of

14 April 2022

Kyriba Announces 24 New ERP API Connectors to Accelerate Liquidity Management and Support Business Continuity

Kyriba today announced 24 new API connectors are live and fully integrated with Kyriba’s cloud platform, accelerating access to real-time payments, enterprise liquidity management and optimising resiliency against global economic disruption. Kyriba ERP APIs are the most advanced in the market, offering real-time connectivity and multiple bi-directional workflows to streamline integration of new or acquired

14 April 2022

Corporate Heavyweight Joins Ledgermatic Advisory Board

Ledgermatic, the treasury and custody service that allows enterprise and financial institutions to operate in digital assets has announced Brian Young is joining the business’s advisory board. Mr Young was until January 2022 the Chief Commercial Officer for Johnson Controls, the listed industrial services company where he oversaw a $40B balance sheet and sales of