A global payment capability with full domestic ACH ability has been launched by Bottomline Technologies. The new CrossPay module combines full international electronic payment functionality with an extensive range of domestic capabilities to provide enhanced payment management throughout any global enterprise. The release provides full international payment capability, domestic tax and child support functionality and OFAC checking. In designing the WebSeries CrossPay application, Bottomline has incorporated solutions used by many of the world’s largest banks, such as Fed Wire and international real-time gross settlement (RTGS), global information reporting, check management, and cross-border payments.
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.