Deutsche Bank Global Cash Management (GCM) has launched db-cheque as an outsourcing service for corporates’ cheque payments in Europe. db-cheque supports a global paper-based payment service and enables Deutsche Bank customers to streamline their cheque generation business worldwide, according to the organisation. GCM noted that db-cheque would also expand the range of products delivered through db-worldPAS, the Bank’s solution for global payment and collection transaction processing. Andrew England, Head of Product Management at Deutsche Bank, GCM, commented: ‘dbcheque offers corporates multiple benefits in the global payment delivery service. First and foremost, the direct costs for maintaining technical equipment and expenses associated with a decentralised account structure can be reduced.’ Separately, Bosch and Siemens Hausgeräte GmbH (BSH) have mandated Deutsche Bank Global Cash Management as their global electronic bill presentment and payment (EBPP) provider.
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.