BT Group has awarded a contract to RBS for cash management in North America, extending the solution already implemented in Europe. The banking solution provided to BT Global Services International includes domestic cash management to support electronic and paper based payments, receipts and liquidity management via RBS’ Access Direct host to-host channel. RBS can offer BT a global network and scalable platforms to deliver a cross regional solution. The bank says that this brings advantages such as a simple and short implementation process, consistent service levels and a single channel for communication and reporting.
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.