Mandates and payments roundup, November 15

BoA Merrill upgrades its online treasury management portal with new applications, while Western Union completes its acquisition of Travelex global business payments.
November 14, 2011

BoA Merrill enhances treasury management portal

Bank of America Merrill Lynch BoA Merrill has upgraded its global treasury management and online banking channel, CashPro Online, by adding three new applications. According to the bank, the new enhancements make it easier and more convenient for its commercial and corporate clients to perform routine transactions and help them to make informed business decisions.

“Since its introduction two years ago, CashPro Online has transformed the way our clients interact with us,” said Cindy Murray, head of global treasury product infrastructure, platforms and eCommerce at BoA Merrill. “Our introduction of new payments, information reporting and mobile...

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