Kuwait Finance House (Malaysia) Berhad (KFHMB) has launched the KFH Cash Management Solutions (CMS). CMS is an online portal designed specifically to manage business banking transactions. It offers an end-to-end financial solution, which gives a 360º of business finances at a glance. The services are available seven days a week for convenience, speed and cost savings.
The types of banking services offered by CMS include account management, cheque management, payable management, bulk payments, salary services, trade services and investment account, and are available from 1.30am to 11.30pm.
Puan Jamelah Jamaluddin, chief executive officer (CEO), KFHMB said: “With the increasingly competitive environment, customers are looking for enhanced services from their banks. CMS provides a secure online banking service that is able to facilitate a comprehensive set of transactions and offer an enhanced level of convenience to the bank’s corporate customers. The solution can help increase the reach of the bank beyond the limitations of its standard banking hours and geographical presence. It also enhances our customer satisfaction across online channels.”
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.