Industry roundup: 20 May 2020
by Ben Poole
News in brief, including an instant payments tool, a cash flow digitisation solution, and more.
All posts
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
Industry roundup: 14 May 2020
by Ben Poole
News in brief, today looking at B2B payments, COVID-19 loan schemes, and much more.
CapellaFX: the system that fully integrates end-to-end FX Risk Management Workflow
by Jack Large
Hedge Trackers demonstrate how have added FX data aggregation to provide a comprehensive, fully end-to-end FX Risk Management Workflow
Digital fraudsters increase attacks against multiple industries during pandemic
by Jack Large
TransUnion quarterly global fraud analysis also examines the types of fraud targeting businesses and where it originates
Deutsche Bank outlines ambitious sustainability targets as green tech market surges
by Ben Poole
The bank has committed to at least €200bn of sustainable financing and investments by 2025.
Mastercard launch promises enhanced working capital management
by Ben Poole
The Mastercard Track Business Payment Service has gone live in the US ahead of its global rollout.
Industry roundup: 13 May 2020
by Ben Poole
News in brief featuring Barclays, Treasury Prime, Conferma Pay and many more.
Ripple enters the ISO 20022 fray
by Ben Poole
It joins the ISO 20022 Standards Body less that two months after SWIFT pushed back adoption of the standard for cross-border payments.