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.
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.