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Santander Bank is launching a new payments solution for its corporate clients to enhance their global payment operations.The financial institution said in a press release Monday Oct. 21 that it is rolling out the Santander Cash Nexus solution for commercial banking and corporate and investment banking clients across Nor <a href=https://www.cups-stanley-cups.us>stanley website</a> th America. The tool offers a suite of global payment solutions allowing busin <a href=https://www.stanley-cups.ro>stanley cup romania</a> esses to initiate payments locally in 15 markets across the globe.Santander said the tool automates payment processing both locally and abroad to support straight through processing, while also connecting corporates to cash flow visibility via its information center, portal and mobile app. Business clients can also take advantage of automated reconciliation for their accounts held at both Santander and other financial institutions, the bank noted. Providing our clients with the ability to control their payments and view their accounts in various countries where they do business 鈥?all from a single online platform 鈥?is a game changer and a major efficiency accelerator, said Santander Bank U.S. Managing Director and Head of Transaction Banking Ken Deveaux in a statement.Santander Bank also previous launched Treasury Link and Enterprise Payment Link to augment its corporate banking offerings.Treasury Link offers cash management for treasury clients and connects them to a customizable dashboard to view accounts, balances, transactions and other aspects of corporates <a href=https://www.cups-stanley-cups.ca>stanley cup canada</a> 8217; banking oper Wgra Goldman Closes Marcus UK To New Deposits Amid Savings Surge
Asia is becoming even more of a key market for corporate payment companies. Only days ago, FinTech firm Ripple announced a partnership with SBI Group to launch a cross-border payments initiative in the region. Now, Optal Limited, formerly known as PSP International, is making waves in this part of the world, too.Optal announced Monday Feb. 1 that its subsidiary, Optal Asia, secured a money service operator license in Hong Kong, as well as principle membership with MasterCard.That means the virtual card issuer can now link corporates in the market to its vCard B2B payments solution. In a statement, Optal Managing Director Rob Bishop said the latest developments are key to the companys international expansion goals. There is already very strong demand for our virtual card solutions in the Asian region, he said. Having this license enables us to broaden our service offering and to create new, bespoke payment solutions for the Asian region. <bctt>tweet= <a href=https://www.stanley-cup.us>stanley us</a> There is already very strong demand for virtual card sol <a href=https://www.stanleycups.cz>stanley termohrnek</a> utions in the Asian region. ]Its no coincidence that Optal will be issuing virtual cards with MasterCard, either. The companys chairman, Andre Sekulic, is MasterCards former president of Asia-Pacific, Middle East and Africa operations. Optals strength is as an eCommerce enabler, Sekulic explained in his own statement. The growth of eCommerce in the Asian region creates significant opportunities for Optal to help its customers make payments more eff <a href=https://www.stanleycup.pl>stanley termos</a> ic
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