Fiserv’s BankLink unit has launched a modular package of Web-based cash management services for financial institutions.iLINK enables corporate cash management customers to perform consolidated balance and transaction information reporting on all of their accounts on a current day, previous day or an unlimited historical basis. They can also initiate wire transfer and on-us account transfers; originate ACH Tax, Loan and other kinds of automated payments and collections; manage their checking with automated Stop Payment initiation and Imaging–all with the power and convenience of the Internet. Additional services scheduled for the second phase of the rollout later this year include cash concentration with remote input, bill payment and presentment, and check reconciliation.
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.