CTMcast – 18 Sept 2020: new KYC, Swift’s new platform, Digital trade’s revolution & AFP Pinnacle awards
by Jack Large
Jack and Ben review the key items from the two last weeks of CTMfile posts
All posts
PrimaDollar signings show the beginnings of export finance revolution
by Jack Large
Eight banking groups in Bangladesh sign onto PrimaDollar platform as banks and exporters react to COVID-19 impact
Treasury innovation at Alphabet, Dräger, and Peloton recognised by AFP
by Ben Poole
Google's parent company, a medical technology firm and a fast growing US exercise equipment company are the finalists for the AFP 2020 Pinnacle Award.
Industry roundup: 18 September 2020
by Ben Poole
News in brief, including a new partnership for TreasuryXpress, and much more.
SWIFT announces a strategy for instant, frictionless payments and securities processing
by Ben Poole
It aims to enable seamless transactions from one account to another anywhere in the world with end-to-end transparency and predictability.
Industry roundup: 17 September 2020
by Ben Poole
News in brief, including a first in SWIFT certification for the Bellin TMS, and more.
Rio Tinto and Guangxi Shenglong Metallurgical complete transaction on Contour
by Ben Poole
With this transaction, Guangxi Shenglong Metallurgical has joined the blockchain network for trade finance as a new buyer.
Industry roundup: 16 September 2020
by Ben Poole
News in brief, including research into how banks are helping rebuild corporate supply chains in Europe and Asia, and more.
KYC watch: NewBanking IDENTITY’s different approach
by Jack Large
Effective KYC needs BOTH business AND personal data. Essence of KYC is secure and compliant Information exchange
Accenture and SAP support Indorama Ventures’ digital transformation
by Ben Poole
One of the chemical industry’s largest new SAP S/4HANA implementations integrates all functions in a single system.
Industry roundup: 15 September 2020
by Ben Poole
News in brief, featuring a report on the impact COVID-19 has had on corporate treasury priorities, and more.
Deutsche Bank provides US$43m structured trade finance facility to CNTIC
by Ben Poole
The facility will be used to finance an electricity generation project in rural Myanmar.
Industry roundup: 14 September 2020
by Ben Poole
News in brief, including a blockchain trade transaction between Vietnam and Thailand, and more.
COVID-19 crisis has pushed treasury to the forefront
by Ben Poole
The 2020 AFP Strategic Role of Treasury Survey has found that corporates are prioritising liquidity and cash management, elevating treasury’s role.
Industry roundup: 11 September
by Ben Poole
News in brief, including a €1bn green bond issuance for Daimler, and more.
Should I ring right now?
by Jack Large
Has the digital age killed spontaneity?
Mastercard launches central bank digital currencies testing platform
by Ben Poole
The virtual platform allows central banks to evaluate use cases and test roll-out strategies for CBDCs by simulating a CBDC ecosystem.
Industry roundup: 10 September
by Ben Poole
News in brief, including a cross-border payments solution that banks can offer corporates, and much more.
Northern Trust market forecast calls for 2.6% global growth
by Ben Poole
The firm's Capital Market Assumptions Five-Year Outlook predicts rates and inflation to remain low, stock returns in the 3.8-8.2% range.
Industry roundup: 9 September
by Ben Poole
News in brief, including an upgraded commercial lending platform for Swedish exporters, and more.
Advisory group launched to prime trade finance for COVID-19 recovery
by Ben Poole
The ICC's Advisory Group on Trade Finance aims to support the role of trade financing in a post-pandemic economic recovery.
Industry roundup: 8 September
by Ben Poole
News in brief, including a report from SWIFT and BAE Systems on cybercrime, and more.
Corporates in Europe and Americas identify Asia Pacific as priority market for international expansion
by Ben Poole
Standard Chartered research reveals expansion into new markets remain key for CFOs and treasurers, with Asia Pacific ranked top.
Industry roundup: 7 September
by Ben Poole
News in brief, including a cash flow solution for American Express business cards, and more.