SWIFT, the Switzerland-based cooperative that provides banking communications, says its Electronic Bank Account Management (eBam) services are now live and available to all customers. EBam is intended to help companies that have many bank accounts streamline the management of those accounts. With eBam, chores like opening and closing accounts and reporting on accounts that are currently paper-based can be accomplished using standardized messages.

GTreasury, a treasury workstation provider in Lake Zurich, Ill., and Axletree Solutions, a SWIFT service bureau in North Brunswick, N.J., have formed a partnership to make Axletree's SWIFT connectivity offering available to GTreasury's customers. The companies say Axletree has already implemented SWIFT connectivity for one GTreasury corporate customer that had more than 50 banks in 30 countries.

XBRL US, a non-profit consortium for XML-based business reporting standards, says its research and development arm, XBRL US Labs, is working on developing XBRL applications for Apple's iPhone and iPad devices. Mark Bolgiano, CEO and president of XBRL US, predicts the apps will be available at the iTunes store by early summer.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.