Cash pooling can help multinational firms balance cash volume between entities that are either short of, or have surplus cash at any point in time, while maximizing the interest accrued on unused or underused cash….
Banking roles in treasury management are being redefined by Internet-based systems and software that allows corporations to make centralized payments without using a bank’s services….
India’s Reserve Bank has promoted electronic cash management processes nationally, which led service providers to diversify by including payments, account and delivery management in their portfolios….
S1 Corporation (Nasdaq: SONE), a leading global provider of integrated front-office applications for the financial services industry, today announced that KBC Bank & Insurance Group is live with S1 Corporate Banking in S1′s state-of-the-art data center in Norcross, Ga. KBC is the first major European financial institution to host its online banking services in S1′s U.S. Data Center. KBC is deploying S1 Corporate Banking in more than eight countries and over eight languages to standardize its corporate electronic banking operations, including information reporting, payments and collections, throughout the KBC Group….
S1 Corporation (Nasdaq: SONE), a leading global provider of integrated front-office applications for the financial services industry, today announced that KBC Bank & Insurance Group is live with S1 Corporate Banking in S1′s state-of-the-art data center in Norcross, Ga. KBC is the first major European financial institution to host its online banking services in S1′s U.S. Data Center. KBC is deploying S1 Corporate Banking in more than eight countries and over eight languages to standardize its corporate electronic banking operations, including information reporting, payments and collections, throughout the KBC Group….
