Mandates and payments roundup, March 29

Citi wins a cash mandate from Emirates airlines, while Shanghai Rural Commercial Bank chooses a core banking solution from Tata Consultancy.

Citi wins global cash mandate from Emirates

Dubai-based Emirates airlines has chosen Citi to handle its global cash management operations in Asia, Africa and North America. Citi will help the airline optimise global cash management by providing a combination of payments technology which will leverage Emirates’ deployment of Oracle ERP enterprise resource planning globally. Citi will also provide receivables and liquidity tools tailored to the airline’s operating process flows and systems.

“At Citi, we value our strategic alliance with Emirates, which is one of the leading brands in the world and we’re proud to provide global cash management services that meet the exact needs of the company,”...

¬ Haymarket Media Limited. All rights reserved.

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