The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. J.P. Morgan’s Head of Global Liquidity Product Solutions Specialists, Lori Schwartz, told PYMNTS in a recent Masterclass that the very nature of liquidity management is changing...
Nucleus Software on Thursday (March 12) announced the launch of expansions to its FinnAxia services to open virtual bank accounts for customers. Nucleus, which works in the field of lending and transaction banking, introduced the new service to help banks open virtual accounts for corporate customers. FinnAxia...
In fewer than 18 months, HSBC’s chief executive officer John Flint is out, The Financial Times reported on Monday (Aug. 5). The surprise move is the result of differences over Flint’s strategy, someone familiar with the matter told the FT. Flint was less aggressive when...
HSBC is introducing virtual accounts for corporate and institutional clients, the financial institution said in a press release sent to PYMNTS on Monday (July 8). The bank announced that its Next Generation Virtual Accounts are now available to wholesale clients to support cash and multi-currency...
September 08, 2020
The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. J.P. Morgan’s Head of Global Liquidity Product Solutions Specialists, Lori Schwartz, told PYMNTS in a recent Masterclass that the very nature of liquidity management is changing — and leading treasury management professionals to pivot to digitization […]
January 29, 2024
BNY Mellon has unveiled its new cash management solution, called Virtual Account-Based Solutions. This offering aims to provide clients with enhanced access and control over their cash administration activities and reporting capabilities, the bank said in a Monday (Jan. 29) press release. The Virtual Account-Based Solutions provided by BNY Mellon use virtual accounts linked to […]
August 05, 2019
In fewer than 18 months, HSBC’s chief executive officer John Flint is out, The Financial Times reported on Monday (Aug. 5). The surprise move is the result of differences over...
