THE UK: Things can only get worse or are there reasons to be cheerful?
by Jack Large
deVere Group, CEO: “Investors to move assets out of UK as economy ‘stumbles towards abyss” while Will Hutton says be cheerful .....
Fraud is rampant but still UK’s FCA agrees to postpone SCA rules
by Jack Large
Threat to 25% of e-commerce transactions drives postponement when will EBA relent and accept reality?
Commerzbank tests blockchain-based machine-to-machine payment solution for the first time
by Ben Poole
First use of cash on ledger for automated M2M payment processing in cooperation with Daimler Trucks.
HSBC expands pan-European commercial cards to nine currencies
by Ben Poole
Six additional European currencies have been added to the existing euro, US dollar and pound sterling capabilities.
Australia sees a decline in payment card fraud rate
by Ben Poole
The AusPayNet data has shown a decline in the rate of fraud for the first time since reporting of card fraud commenced in 2006.
Deutsche Bank rolls out digital signatures for clients in Asia Pacific
by Ben Poole
The solution is now available in 21 countries for the bank's clients.
% FX hedged no longer cuts it
by Jack Large
Bloomberg new service shows strategic approach to FX risk management required balancing currency earnings-at-risk v. cash-flow-at-risk
US Fed to develop real-time payment and settlement rival to The Clearing House
by Ben Poole
The FedNow Service looks like it will be fighting for business with the existing RTP network from The Clearing House.
Eftsure secures additional funding to fight payment fraud
by Ben Poole
The fintech plans on expanding its product suite to cover international payment verification.
Mastercard acquires Nets’ account-to-account payment business
by Ben Poole
The move is designed to meet application, service and payment needs of customers across card and account-to-account payments.
C2FO raises US$200m led by SoftBank Vision Fund
by Ben Poole
Investment will be used for technology development and international growth for the working capital marketplace.
Standard Chartered completes cross-border LC blockchain transaction with PTT Group
by Ben Poole
The transaction is the first cross-border letter of credit issued over the Voltron blockchain platform in the oil industry.
Moneycorp acquires the Rochford Group
by Ben Poole
The deal extends the FX company's presence in Australia and Hong Kong.
Salesforce joins US Mastercard small business programme
by Ben Poole
Card giant adds customer relationship management tool to its small business proposition
Kantox and Silicon Valley Bank partner on FX hedging technology to UK corporates
by Ben Poole
The micro-hedging solution is designed to automate FX risk management.
Treasurers looking to new FX risk mitigation strategies, survey finds
by Ben Poole
To minimise FX losses, executives are reviewing formulas to balance Cash Flow at Risk and Earnings at Risk.
Corporates collaborate with IBM and Chainyard on supply chain blockchain network
by Ben Poole
Anheuser-Busch InBev, Cisco, GlaxoSmithKline, Lenovo, Nokia, Schneider Electric and Vodafone participating in the network.
UK Payment Systems Regulator sets implementation date for Confirmation of Payee
by Ben Poole
The move is designed to protect customers from Authorised Push Payment scams.
Doosan-Babcock selects Swipe2B to digitise its supplier payments
by Ben Poole
The agreement is designed to streamline and automate Doosan-Babcock's AP and supplier payments processes.
Workforce of the future
by Jack Large
Key skills and competencies for the treasurer of the future and what to look for in new hires
How to evaluate TMS solutions
by Ken Lillie, Founder, Lillie Associates
Which approach are you comfortable with?
TREASURYcast - 2 August 2019
by Jack Large
Growth of sustainable finance programmes, the emerging new asset classes, & the continuing focus on late payment solutions; Kantox wins
Payments facility promises closer ties for Singapore companies and their Chinese suppliers
by Ben Poole
Faster payments for goods and services purchased between Singapore and China on the cards.
29% of UK SMEs likely to switch main bank account in next five years
by Ben Poole
Survey finds SMEs increasingly happy to switch their main account to a challenger bank.