Global Transaction Services, a business of Citigroup Corporate and Investment Banking, has announced enhancements to WorldLink Payment Services, its global cross-border payment solution. This latest feature, WorldLink Cash, does not require a payment beneficiary to have an account, which should allow clients to make urgent, low-value cash payments immediately and cost-effectively. With this new feature, WorldLink users can now disburse cash into 190 countries through a single window, funded through a single account in one currency, without having to maintain multiple local bank accounts. In other news, Citigroup’s Global Transaction Services has been selected by Chou Associates Management to provide a comprehensive suite of global custody, fund valuation and recordkeeping services for the Canadian investment organization. This appointment marks the first client for Citigroup’s recently launched global ‘window’ in Canada.
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