The UK-based Civil Aviation Authority (CAA) has awarded a cash management mandate to Barclays Bank Pakistan for managing collections from non-scheduled flights’ customers across Pakistan.
The bank said that the new cash management system (CMS) would improve the operator’s turnaround time for flights both in and out of the country and provide instant access to information to all key stakeholders at the CAA for monitoring, coupled with improved cash flows.
Rising interest rates, excitement around blockchain use cases and cross-border payments were all hot topics at this year's AFP conference in San Deigo.
The US dollar and debt yields falling on the North Korea missile test, treasury being a top target for cyber criminals and why treasurers aren't into real-time payments all hit the latest headlines in the world of treasury this week. Don't miss our ten top news stories from around the world.
Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to ... read more
While corporates have more choice when it comes to choosing financial services, the core relationship between banks and businesses hasn't changed, argues Michael Cummins, head of treasury solutions at Citizens Bank.