Deutsche Bank Global Cash Management has expanded the capabilities of db-worldPAS to include db-check, a corporate check and Automated Clearing House (ACH) advice print and fulfillment service, designed to enhance the efficiency of corporate clients’ payment process. db-check allows corporate clients the capability to outsource their check disbursements and provides a suite of services, such as account reconciliation and reporting. Through the Bank’s relationship with Standard Register, clients can make use of full-service printing and fulfillment services for checks and ACH advices from multiple sites within North America. Separately, the Bank’s Global Cash Management division has announced the introduction of Multi-Option Investment Sweep, a US dollar investment sweep tool for corporates. The solution allows for partial pooling of subsidiary assets within a pooling arrangement, offering corporate clients new capabilities that enhance their liquidity options, according to the organisation. Users will be able to choose from a number of overnight investment sweep options and have the potential to allocate funds from a subsidiary that participates in a cash pooling arrangement into separate investments outside the pool.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more