TechnologyTreasury tech update: EBA Clearing, Kyriba and more

Treasury tech update: EBA Clearing, Kyriba and more

The Global Treasurer’s monthly round-up of treasury tech news, including new partnerships, product launches and people moves

(Oct 11) Finastra announced its payments solution Fusion Payments To Go will have instant onboarding capabilities. This will enable greater speed and lower costs through automation of onboarding via APIs.

(Oct 11) EBA Clearing, SWIFT and The Clearing House are partnering to address shortfalls in cross-border payments. The partnership is testing the feasibility of interoperability between existing real-time payment networks. A proof-of-concept test has been completed through a trans-Atlantic exchange of payment messages.

(Oct 14) Kyriba is launching its new Working Capital Solutions to help address gaps in trade financing. Estimated to be $3.4trn shortfall, Kyriba is investing more in its Working Capital Solutions team to improve access to trade finance liquidity especially for “at risk” SME suppliers.

(Oct 20) Finastra has partnered with AccessFintech to improve data transparency in the syndicated loan market. The partnership will help improve data access to lenders, digitise the market and ultimately make reconciliation more efficient.

(Oct 27) Blackline has announced the next generation of its AR software suite. The new platform will provide end-to-end cashflow optimisation, including credit/risk management. It will also provide faster access to working capital through the use of AI automation.

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