Electronic foreign exchange trading platform FXall and SunGard say they have linked FXall's platform to the SunGard Transaction Network (STN). The connection allows FXall's customers to trade institutional money market funds directly on their browser using STN's portal and lets SunGard's clients use FXall's foreign exchange trading solution, according to the companies.

Kyriba, which provides a web-based treasury management product, and Institutional Cash Distributors (ICD), an Internet portal for institutional money market investing, say they have formed a partnership aimed at facilitating corporate treasuries' investment management. Integrating Kyriba's platform with the ICD portal will allow straight-through processing of treasuries' investments and give them better visibility on their cash flows, according to the two companies. ICD is a unit of financial services firm Merriman Curhan Ford & Co.

Citi announced the launch of a new payment solution, Citi Virtual Card Accounts, that generates unique card numbers for transactions. Deploying virtual cards as part of a commercial card program can provide companies with more security and greater control, according to Citi, which says the one-off cards could be useful for purchases transacted over the Internet or by phone or mail, or for post-invoice payments. Virtual Card Accounts are available with local currency issuance and settlement in almost 50 countries, according to the bank.

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