September 20, 2023
Finastra and Microsoft Team on Trade Finance
Financial software firm Finastra has launched a trade finance partnership with Microsoft. The collaboration, announced Wednesday (Sept. 20), combines Finastra’s Trade Innovation offering with a “full microservices architecture” using Microsoft Azure. “As the expectations of...
September 20, 2023
Two-Thirds of Middle Market CFOs Use Working Capital to Grow,...
There are many ways to use working capital — to buy inventory, pay suppliers or fine-tune operations. These are the strategic uses of money to help a business anticipate and...
September 19, 2023
Zil Money Integrates With Sage to Simplify Commercial Payments
Commercial payments platform Zil Money has integrated with cloud-based financial management software firm Sage Intacct. The collaboration, announced in a news release Tuesday (Sept. 19), “simplifies the financial operations of Sage Intacct users, allowing...
September 19, 2023
Cross-Border Payments Innovation Key to SMB Growth
Industries are defined by what customers do, not what companies produce. And if something doesn’t scale up across a global audience, then it isn’t worth much. That’s why, as more small- to...
September 19, 2023
HSBC Launches Document-Free Trade Finance Tool TradePay
Banking giant HSBC debuted a trade finance offer to help clients pay suppliers. The tool, dubbed TradePay, is an industry-first, document-free trade finance solution that lets clients instantly draw down...
September 19, 2023
Automation Clears the Path to Getting Paid on Time
The current financial and economic landscape demands that businesses improve their internal processes, including their financial management, to maximize performance. In response, companies are investing in digital technology to modernize...
September 19, 2023
Merchants Turn Fresh Eyes to Second-Look Financing to Boost Sales
Labor Day has come and gone, and the holiday season is just around the corner. But current economic and financial conditions are forcing consumers to face some tough choices about...
September 18, 2023
Oracle Adds Cash and Liquidity Management to Banking Cloud
Oracle has expanded its cloud banking portfolio to help lenders launch new transaction banking offerings. Those offerings, announced Monday (Sept. 18), include cash management, liquidity management, and virtual account management, part of a...
September 18, 2023
Citi Launches Digital Asset Solution for Cash Management, Trade Finance
Citi Treasury and Trade Solutions has unveiled a digital asset solution designed to enhance cash management and trade finance capabilities. By using blockchain and smart contracts, the new Citi Token...