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.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.