BMO Financial Group has launched a new treasury management platform that will help corporate customers manage their day-to-day banking needs online from a single point of contact. Called BMO Online Banking for Business, the service will provide business customers with a single screen or ‘personal dashboard’ to manage their global cash management and foreign exchange (FX) services online.
The new service will improve online usability and security. It will feature a new home page and customised options to seamlessly manage global cash management and FX activity from one point of contact. The online service is also set to include the ability to centrally manage investments, loans, trade finance, and corporate card transactions.
“With the personalisation that the platform offers, our clients will be able to easily define their own banking experience by selecting what they want to see and where they want to see it on their homepage. And there is more to come, including the integration of online and mobile channels,” said Marnie Kinsley, executive vice president (EVP), global treasury management, BMO Financial Group.
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.