Industry roundup: 22 May 2020
by Ben Poole
News in brief from SWIFT, BBVA, Finastra, and many more.
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Digital fiat currencies reality a step closer
by Ben Poole
A settlement involving SocGen and Banque de France, and a patent application from Visa, offer a glimpse of the future of money.
ECB reveals early COVID-19 impact on securities and OTC derivatives
by Ben Poole
Credit terms remained broadly unchanged for almost all counterparties but are expected to tighten significantly the next reference period.
Industry roundup: 21 May 2020
by Ben Poole
News in brief, covering Revolut Business, FIS, GTC and more.
Driving payments security and efficiency during crisis: Best practices for Finance & Treasury
by Jack Large
Kyriba shows how to minimise fraud whilst maximising efficiency using workflow controls and payment screening
Green deposits gain traction
by Ben Poole
Standard Chartered's sustainable deposits hit the US$2bn mark, showing corporate commitment to green cash management.
Finding solutions to supply chain stresses
by Ben Poole
With pandemic pressure ramping up on global supply chains, large corporates and smaller suppliers are looking for answers.
Industry roundup: 20 May 2020
by Ben Poole
News in brief, including an instant payments tool, a cash flow digitisation solution, and more.
Payments Update: Rows and new technologies drive the industry forward
by Jack Large
Payment card rows continue; new technologies and processes are used to fight COVID-19
Severe lack of due diligence on business supply chains exposed
by Ben Poole
Refinitiv research shows 43% of third-party relationships are not subject to any form of due diligence checks.
COVID-19 rapidly reshaping banking and payments behaviours
by Ben Poole
New data from FIS shows 45% of Americans have changed the way they interact with their banks since the coronavirus outbreak.
Industry roundup: 19 May 2020
by Ben Poole
News in brief, featuring Nordea, Volante Technologies, Westpac and more.
Key questions and golden nuggets from ACT’s International Treasury Week
by Jack Large
Association of Corporate Treasurers’s International Treasury Week provided some memorable, important insights and images
Citi’s digital focus paying off in Asia
by Ben Poole
The bank has seen an accelerated adoption of digital services and channels in the region.
Economic bounceback possible in 2021?
by Ben Poole
A report covering EBRD regions sees economic contraction of 3.5% in 2020, but a 4.8% rebound in 2021.
Industry roundup: 18 May 2020
by Ben Poole
News in brief including Northern Trust, Jaggaer, EMQ and more.
Deutsche Bank goes back to basics with new Guide to Trade Finance
by Jack Large
Deutsche Bank has released its Guide to Trade Finance, outlining the fundamental practices and rules critical to the trade finance
What does COVID-19 mean for the climate change battle?
by Ben Poole
Two new research reports explore the impact the pandemic is having on efforts to tackle climate change.
Hiring and IT spend on the corporate chopping block
by Ben Poole
COVID-19 is forcing finance departments to make some tough spending cuts, according to Gartner research.
Industry roundup: 15 May 2020
by Ben Poole
News in brief, featuring BNP Paribas, Moody's Capital Markets Research, and Global Reach.
The fundamental question for your CEO: What is your transition plan to reach net zero?
by Jack Large
Two sessions at the ACT’s virtual International Treasury Week showed that climate change is the no. 1 problem not the COVID-19 pandemic
Financial professionals predict painful recovery
by Ben Poole
AFP survey predicts the crisis lasting three quarters or more, Gartner data reveals lack of CFO planning for second wave of COVID-19.
Digital trade finance hits new milestones
by Ben Poole
Baosteel and Rio Tinto complete first deal on Contour, while Traydstream integrates with Finacle TradeConnect.
Citi show digital channels and increasing digitisation are pivotal in continuity of business
by Jack Large
Digital onboarding for Citi’s institutional clients expanded to 37 Countries in all regions and shows working remotely is no barrier