Treasury & Liquidity

Standard Chartered has signed definitive agreements to acquire 100% of Zodia Custody, while Zodia’s software arm moves to Zodia Solutions, a new entity backed by other banks.

Tech Mahindra has acquired Finastra’s Cash Management product suite, comprising Fusion Cash Management, Fusion Virtual Accounts and Fusion Liquidity Management.…

Jack Henry plans to integrate Google Cloud Universal Ledger, giving banks and credit unions access to tokenized deposits and programmable settlement.

Cross River is integrating Ripple’s RLUSD stablecoin into its core banking system, giving fintech clients dollars, stablecoins, ACH, wires and real time payments through one API.

De Nederlandsche Bank has authorised Qivalis, backed by 37 European banks, as an electronic money institution. Issuance of its euro stablecoin is planned within the next months.

NIBSS built Nigeria’s ISO 20022 National Payment Stack on Transactility’s open source jPTS switch and kept control of the code and the roadmap.

Eligible BMO Corporate Card clients in Canada and the US can now start and manage virtual card payments from inside their ERP, procurement and AP tools.

Standard Chartered’s Singapore arm wants to hold crypto, stablecoins and tokenised real world assets for institutions, pending regulatory approval.

U.S. Bank has recruited a payments leader from Citi to run sales for four industries. Calvert Lange is now senior…

BNP Paribas is restructuring its global cash management business, and it has chosen the person who ran corporate cash management…