Cash management

A Beginner's Guide to Citibank Home Loan

Retrieved on: 
Tuesday, December 12, 2023

If you are on the lookout for flexible mortgage options and loan packages, applying for a home loan with Citibank may be a suitable choice.

Key Points: 
  • If you are on the lookout for flexible mortgage options and loan packages, applying for a home loan with Citibank may be a suitable choice.
  • You can begin refinancing your home loan with Citibank by using the Citibank Mortgage Calculator .
  • With the mortgage loan interest offset feature, the deposits in the Cash Management Account will earn adjustments which will be used to offset the mortgage interest payable towards your outstanding mortgage loan amount.
  • If you are looking for home loan packages with attractive interest rates, Citibank Home Loans may be an ideal option.

Standard Chartered Celebrates 50 Years in Brazil

Retrieved on: 
Wednesday, December 13, 2023

Standard Chartered Bank Brazil (the “Bank”) proudly celebrates its 50th anniversary, marking a significant milestone in its legacy of providing exceptional financial services, fostering growth, and contributing to Brazil’s economic development.

Key Points: 
  • Standard Chartered Bank Brazil (the “Bank”) proudly celebrates its 50th anniversary, marking a significant milestone in its legacy of providing exceptional financial services, fostering growth, and contributing to Brazil’s economic development.
  • Established in 1973, the Bank’s Brazil business has been dedicated to facilitating trade and investment flows between the Americas, Asia, Africa, the Middle East, and Europe.
  • Germana Cruz, CEO and Head of Financial Institutions, Standard Chartered Latin America, said: “We are proud and excited to celebrate this remarkable milestone of our office.
  • “Over the last 50 years, the dedicated service, innovation, resilience and commitment of our team in Standard Chartered Brazil have supported the growth and ambition of our clients while also making a positive impact in the local community.

Global Cash Logistics Market Factbook 2023: Competitive Developments, Strategies, Mergers and Acquisitions & New Product Developments - ResearchAndMarkets.com

Retrieved on: 
Friday, November 10, 2023

The Global Cash Logistics Market is expected to generate USD 30612.77 million by the end of 2028, up from USD 21053.89 million in 2022.

Key Points: 
  • The Global Cash Logistics Market is expected to generate USD 30612.77 million by the end of 2028, up from USD 21053.89 million in 2022.
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product development.
  • A favourable growth element for the global Cash Logistics market is the increasing number of bank branches in the Americas and other regions across the world.
  • The growing population, as well as the growing urbanization rate, are driving up the Cash Logistics market.

Sempra Announces Updates to Management Team

Retrieved on: 
Monday, November 27, 2023

SAN DIEGO, Nov. 27, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced updates to its officer team with a view toward strengthening the company's existing management capabilities and sustained financial and operational performance.

Key Points: 
  • SAN DIEGO, Nov. 27, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced updates to its officer team with a view toward strengthening the company's existing management capabilities and sustained financial and operational performance.
  • The following management updates are effective Jan. 1, 2024, unless otherwise noted, and these individuals will report directly to Martin.
  • Justin Bird, chief executive officer of Sempra Infrastructure, will continue in his current role leading the business operations of Sempra Infrastructure, one of Sempra's three growth platforms with approximately 2,500 employees.
  • Bird has served within the Sempra family of companies for close to 20 years in a variety of leadership roles, serving more recently as the chief executive officer of Sempra LNG.

Goal Solutions Launches Comprehensive Fund Administration Services

Retrieved on: 
Wednesday, October 18, 2023

SAN DIEGO, Oct. 18, 2023 /PRNewswire/ -- Goal Solutions, a recognized leader in innovative financial services, is excited to announce the expansion of its service portfolio to include Fund Administration, marking a significant milestone in the company's growth and commitment to meeting the comprehensive needs of its clients.

Key Points: 
  • SAN DIEGO, Oct. 18, 2023 /PRNewswire/ -- Goal Solutions, a recognized leader in innovative financial services, is excited to announce the expansion of its service portfolio to include Fund Administration, marking a significant milestone in the company's growth and commitment to meeting the comprehensive needs of its clients.
  • Goal Solution's Fund Administration services include Reporting and Financials that offer real-time insights into fund performance and financial health, detailed NAV reports, capital call and distribution reports, and borrowing base calculations as well as Cash Management and Treasury Services to optimize liquidity and ensure funds are effectively managed.
  • Matt Myers, President and CEO, expressed excitement about this new development, stating, "We are proud to expand our services to include Fund Administration, which aligns seamlessly with our mission to provide comprehensive solutions for current and future partners.
  • Goal's Fund Administration services come at a time when direct lending is rapidly expanding, and consumer lending presents a generational opportunity for credit funds.

Nomentia Unveils Game-Changing Product Update: All-In-One Treasury Management Solution Now Available

Retrieved on: 
Thursday, September 21, 2023

Over the past two years, Nomentia has successfully executed numerous projects while simultaneously working towards its overarching vision of consolidating its cash and treasury management solutions into a unified hub.

Key Points: 
  • Over the past two years, Nomentia has successfully executed numerous projects while simultaneously working towards its overarching vision of consolidating its cash and treasury management solutions into a unified hub.
  • The consolidation of previously separate Cash Management and Treasury Management solutions brings a multitude of advantages:
    Unified Platform: A variety of treasury challenges can now be tackled with the Nomentia ecosystem.
  • Seamless Transition: Users of Nomentia Cash Management can effortlessly use Treasury Management modules and vice versa.
  • While today marks a significant achievement, it's merely the foundation for our vision of becoming the number one treasury management solution for treasurers."

Hitachi Payment Services to Acquire Writer Corporation's Cash Management Business

Retrieved on: 
Thursday, July 27, 2023

MUMBAI, INDIA, July 27, 2023 - (JCN Newswire) - Hitachi Payment Services (Hitachi Payments), India's leading integrated payment solutions provider, has entered into an agreement to acquire the Cash Management Business of Writer Corporation, a multi-business enterprise.

Key Points: 
  • MUMBAI, INDIA, July 27, 2023 - (JCN Newswire) - Hitachi Payment Services (Hitachi Payments), India's leading integrated payment solutions provider, has entered into an agreement to acquire the Cash Management Business of Writer Corporation, a multi-business enterprise.
  • In the Cash Management industry, Writer Safeguard - the Cash Management Business of Writer Corporation, has been providing comprehensive cash services including ATM cash replenishment and retail cash pick-up services to corporate clients in India since 2001.
  • Sumil Vikamsey, Managing Director & Chief Executive Officer - Cash Business, Hitachi Payment Services, said, "The acquisition of the Cash Management Business of Writer Corporation will complement Hitachi Payments' vision of becoming a leading payments and commerce solutions provider, offering holistic, reliable and cost-effective solutions across the payments value chain.
  • Dayle de Souza, Managing Director, Writer Business Services, said, "Over the last two decades, Writer Corporation has created a rich legacy in the Cash Management Business through pioneering technologies, operational efficiencies and superior risk management practices.

Interactive Brokers Expected to Raise Interest Rates to USD 4.83% on Instantly Available Cash

Retrieved on: 
Thursday, July 27, 2023

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced that clients are expected to earn up to USD 4.83% on instantly available cash balances over USD 10,000.

Key Points: 
  • Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced that clients are expected to earn up to USD 4.83% on instantly available cash balances over USD 10,000.
  • Interest is paid directly to client brokerage accounts making cash instantly available to trade or transact.
  • Interactive Brokers’ Cash Management service makes it easy for clients to earn interest and borrow at competitive rates while managing their money from one account.
  • “Interactive Brokers offers a simple Cash Management solution so clients can oversee their finances from a single account,” said Steve Sanders, EVP of Marketing and Product Development, at Interactive Brokers.

Webull Celebrates Fifth Anniversary with the Launch of Webull 9.0 and Smart Advisor

Retrieved on: 
Monday, May 22, 2023

NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) -- Webull , a leading commission-free trading platform , is proudly celebrating its five-year anniversary.

Key Points: 
  • NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) -- Webull , a leading commission-free trading platform , is proudly celebrating its five-year anniversary.
  • Since May 2018, Webull has offered its users professional level tools and analytics while creating an enjoyable, user-friendly investing experience.
  • Webull 9.0 boasts an even better user experience, featuring new content and sophisticated tools, including Sage Tracker, which enables clients to track the investment moves of leading institutional investors, and Cash Management , alongside the new Smart Advisor.
  • The company developed Smart Advisor’s algorithm in-house, which provides an easy user experience for customers.

CF BANKSHARES INC., PARENT OF CFBANK NA, REPORTS RESULTS FOR THE 1ST QUARTER 2023

Retrieved on: 
Wednesday, May 10, 2023

COLUMBUS, Ohio, May 10, 2023 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, National Association ("CFBank"), today announced financial results for the first quarter ended March 31, 2023.

Key Points: 
  • COLUMBUS, Ohio, May 10, 2023 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, National Association ("CFBank"), today announced financial results for the first quarter ended March 31, 2023.
  • At March 31, 2023, CFBank's primary and secondary liquidity (cash plus available borrowing capacity) totaled $565 million.
  • Noninterest income for the quarter ended March 31, 2023 totaled $719,000 and increased $68,000, or 10.5%, compared to $651,000 for the prior quarter.
  • Noninterest income for the quarter ended March 31, 2023 decreased $327,000, or 31.3%, compared to $1.0 million for the quarter ended March 31, 2022.