CashTech Solutions India has announced that Andhra Bank has implemented its cash management product CashIn – Collections. The move facilitates the bank’s launch of its cash management service, AB Cashtrack. According to CashTech, CashIn will enable Andhra Bank to provide its corporate clients with a host of value-added cash management services and improve collection of receivables from all over the country. Separately, The Banker Magazine has awarded CashTech Solutions India ‘The Banker Technology Award 2003’ in the Payments and Cash Management category. According the magazine, the award recognizes the innovation and excellence of technical applications and services for the front, middle, and back-office of financial services.
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.