Bottomline Technologies, a provider of collaborative payment, invoice and document automation solutions, has announced new functionality for its WebSeries Global Cash Management platform, enabling banks to leverage industry standard messages for faster, more efficient cash reporting.
Through these new cash reporting capabilities, banks can send account statements and advices to corporate clients and correspondent banks. As the demand for real-time reporting among corporates and financial institutions continues to increase, WebSeries’ functionality, which includes Nostro reporting, allows bank admin users to quickly and easily configure clients to receive statements and advices as needs and business requirements evolve.
“By leveraging industry standard messages, banks can quickly overcome many of the difficulties associated with efficient cash reporting. These new reporting capabilities are another example of Bottomline’s continuing commitment to helping banking customers support the needs of corporate clients through innovative features and functionality,” said Eric Campbell, chief technology officer (CTO) of Bottomline Technologies.
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