Deutsche Bank has launched a new receivables matching solution for the Asian region, db-recon. The new product allows integrated outsourcing for receivables and provides automated reconciliation of invoices with payments received by customers. db-recon will enable customers to outsource the administrative task of reconciliation to Deutsche Bank. This automated solution will result in a soft copy of the reconciled and non-reconciled payments to be provided to clients daily. This service will also expand on Deutsche Bank’s end-to-end approach towards cash management solutions, geared to meet corporate customers’ needs to streamline payment workflow and processes. ‘db-recon follows on the heels of the successful launch of our other integrated payment outsourcing solutions in Asia, offering seamless integration to our customers’ accounting systems through the hostto- host customer access platform, db-worldPAS. Deutsche Bank’s continued focus on our clients’ expectations has allowed us to develop products tailored to address the unique challenges of the Asia Pacific marketplace,’ said Jimmy Yap, Asia Pacific Head of Deutsche Bank’s Global Cash Management for Corporates.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more