In a competition for large corporations' business, banks are one-upping each other with the features they make available to these clients online. Citigroup (C), for instance, recently rolled out new cash flow tools.
Bank of America (BAC) Merrill Lynch has just finished work on a new supply chain finance module for its CashPro Online banking channel for corporate clients. The new module is designed to help the bank's buyer clients and their suppliers manage cash flow by enabling faster access to funds and information.
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