European Union agrees carbon border tax – Industry roundup: 15 December
by Graham Buck
Competition in UK’s FX market; Brazil plans 2024 launch of CBDC; European central banks announce rate hikes; Argos Blockchain struggles for cash
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US Fed intends to slow rate hikes as inflation begins to decline – Industry roundup: 14 December
by Monica Zangerle , Writer, CTMfile
& Thoma Bravo to purchase and privatize Coupa Software for US $8 billion.
IEA calls for Europe gas action plan next winter – Industry roundup: 13 December
by Graham Buck
Australia acts on climate change; ESMA proposals pose challenge; Deutsche Bank to re-join LBMA; Fines on FTSE100 firms quadruple
Citi uses artificial intelligence to tighten controls on digital payments – Industry update: 12 December
by Monica Zangerle , Writer, CTMfile
& Citi predicts the slowest annual global economic growth in 40 years.
Real-time visibility over cash flow and financial data crucial for organizational survival in 2023
by Pushpendra Mehta , Executive Writer, CTMfile
As recession looms, improving cash flow visibility and financial data accuracy will become more important for organizations over the next year.
Santander UK fined £107.8 million for shortcomings in its AML systems – Industry update: 9 December
by Monica Zangerle , Writer, CTMfile
& Deutsche Bank and NVIDIA collaborate to integrate artificial intelligence into financial services.
Crypto lender BlockFi filing for bankruptcy - TREASURY NEWS - OpenTreasury Podcast #67
by Kylene Casanova
A 30 minute podcast covering seven of this week's top news stories.
Nigeria caps ATM cash withdrawals to promote CBDCs – Industry update: 8 December
by Graham Buck
Bank of Canada hikes rate; Biggest gold ETF to use non-UK vaults; Lithium prices ease; LatAm dollar bond sales set to rally
Goldman Sachs intends to invest heavily in cryptocurrency-related initiatives – Industry roundup: 7 December
by Monica Zangerle , Writer, CTMfile
Eurosystem delays the unveiling of a new collateral management system, Track Instant Pay solution, enabling cash flow efficiencies among suppliers.
Eighth successive hike takes Australia‘s interest rate to 3.1% – Industry roundup: 6 December
by Graham Buck
IBM and Maersk shutter TradeLens; Bulk ships "transporting food cargoes"; Fit For The Future study issued; Mastercard and Vesta in LatAm partnership
Wells Fargo unveils Vantage, a persona and AI-driven digital banking platform – Industry roundup: 5 December
by Monica Zangerle , Writer, CTMfile
Crypto exchange MetaComp receives MAS approval, Amex introduces an innovative digital B2B payments platform, Binance Custody completes “SOC 2 Type 2”.
Interview (Part 2): Jennifer B. Lassiter, Executive Director of the Digital Dollar Project (DDP)
by Pushpendra Mehta , Executive Writer, CTMfile
Learn why the U.S. has taken a deliberative approach to CBDC development and why CFOs and corporate treasurers should be thinking about CBDCs.
Bottomline Technologies survey finds CFOs have positive views of cash and liquidity – Industry roundup: 2 December
by Monica Zangerle , Writer, CTMfile
Cuba ransomware attacks on US organizations more than double over the past year; Ukraine central bank explores CBDC as a key element to raise capital.
UK businesses stockpile to counter shortages and inflation - TREASURY NEWS - OpenTreasury Podcast #66
by Kylene Casanova
Craig Jeffery, meets with Jack Large, Editor of CTMfile, to review the latest treasury news and developments.
US survey finds most states pro-cashless – Industry roundup: 1 December
by Graham Buck
Oil price projections for 2023; Wider band for China's yuan likely; Binance re-enters Japan via acquisition; Goldman redeploys London traders to Milan
Kyriba and J.P. Morgan Payments launch new real-time treasury solution – Industry roundup: 30 November
by Monica Zangerle , Writer, CTMfile
Crypto lender BlockFi files for bankruptcy; HSBC quits Canada, selling its business to RBC for US $10 billion.
Interview (Part 1): Jennifer B. Lassiter, Executive Director of The Digital Dollar Project (DDP)
by Pushpendra Mehta , Executive Writer, CTMfile
Learn more about the DDP, its Technical Sandbox Program, and why they’re focusing on cross-border payments and defining interoperability.
Emerging markets could begin rate cuts by mid-2023 – Industry updates: 29 November
by Graham Buck
China goes for gold over dollar; CLOs bounce back from brief selloff; CBA leads in asset finance; Two contenders remain for Citi Banamex
UK bank Starling bans crypto-related purchases and deposits citing high risk – Industry roundup: 28 November
by Monica Zangerle , Writer, CTMfile
GlobeTopper and Knox Wire announce US$50 million global payment partnership; Digital payments firm PhonePe to acquire BNPL startup ZestMoney.
China to check banks’ liquidity after bonds slump - TREASURY NEWS - OpenTreasury Podcast #65
by Kylene Casanova
Four news articles covered in a thirteen minute podcast.
Staying on Top of Working Capital - OpenTreasury Podcast #64
by Kylene Casanova
Working Capital Management is usually one of the top three focus areas for treasury in any given year.
Automation, outsourcing, and hiring freezes top of mind for US finance leaders
by Pushpendra Mehta , Executive Writer, CTMfile
Rising recession fears are causing CFOs to focus on automation, outsourcing, and hiring freezes to protect organizational growth and profitability.
South Africa and Sweden follow Fed with rate hikes – Industry roundup: 25 November
by Graham Buck
Sweden raises rate to 2.5%; Trafigura upbeat on Europe's gas; Africa's uneven CBDC progress; UK firms' inventories rise
Indonesia plans OPEC-like cartel for nickel – Industry roundup: 24 November
by Graham Buck
US$1bn ASEAN infrastructure fund launch; Nigerian financial market "inadequate"; Convenience stores target card giants; HSBC: Pound set for 2023 rally