Deutsche Postbank has appointed CitiGroup to manage an outsourcing solution to provide trade finance services to its middle market customers throughout Germany and on a global stage. Deutsche Postbank is a subsidiary of Deutsche Post World Net. Through the appointment of Citigroup as Postbank’s trade services partner, Postbank will offer integrated financial solutions with Deutsche Post World Net’s logistics services. With documentary collection and credit services, Postbank will undertake the financing and payment guarantee while DHL, a division of Deutsche Post World Net, will handle the express delivery of the documents and goods transportation worldwide. This will, according to CitiGroup, give the corporate customers of Deutsche Post World Net ‘one-stop-shopping’ along the value chain of logistics and financial services.
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