Postbank To Offer Automated Trade Processing For Corporate Customers

TradeCard, a financial supply chain service provider, has announced that Postbank, the financial services division of Deutsche Post World Net, will be the first German financial institution to offer TradeCard’s functionality to their corporate customer base. Through the partnership with TradeCard, Postbank will offer a service to their corporate clients that enables them to initiate, conduct and settle document based transactions completely online. Postbank customers will gain access to TradeCard’s global transaction management services through a web interface. Customers can log directly onto the Postbank version of TradeCard using a web browser to deliver documents, or the customer’s back office systems can be fully integrated for two-way document transmission. Once on the TradeCard platform, customers will receive electronic services ranging from web-based document management to financial settlement with automated data matching and payment protection.


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