Sovereign Bank of the US has selected Politzer & HANEY’s Web Cash Manager Suite to provide cash management services to its corporate customer base. Services include Information Reporting, Stop Payment, Check Image and Inquiry, ACH Origination, Automated Cash Concentration, Wire and Positive Pay. The Web Cash Manager Suite features Java-based, J2EE-compliant CorPoint technology. Sovereign Bancorp, Inc has US$37 billion in assets.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.