Citigroup Global Transaction Services (GTS) and Lloyds TSB Bank have joined forces in providing payments and cash management services in the UK. Under the terms of the deal, Citigroup GTS will utilise Lloyds TSB’s UK branch network and domestic payments capabilities to enhance the range of services offered by the US bank to corporate and institutional clients around the world. Meanwhile, Lloyds TSB will look to leverage the global reach of Citigroup GTS as one of its preferred providers of products in selected areas, using these to distinguish itself from domestic competitors and support the ever more international needs of its client base. Both parties will work together to provide end-to-end solutions for selected clients, including public sector clients, in the UK. Implementation of the new arrangement will begin immediately and both parties have committed themselves to identifying additional joint working opportunities in the transaction services space.
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