Real-time payments to boost global GDP by $285.8bn by 2028
by Ben Poole
Real-time payments forecast to generate $285.8bn of additional global GDP growth and create more than 167 million new bank account holders by 2028.
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Strong pound affects 83% of UK corporates’ finances - Industry roundup: 25 October
by Ben Poole
UK private sector growth slips to an 11-month low in October; AI patents at BofA increase 94% since 2022.
Eurozone business activity ticks lower amid falling demand - Industry roundup: 24 October
by Ben Poole
Bank of Canada reduces policy rate by 50 basis points; BIS project explores cross-border data portability through open finance interoperability.
Growth corporates see 300% increase in working capital efficiency - Industry roundup: 23 October
by Ben Poole
Eurosystem seeks improved cross-border payments; Nium adds Swift real-time payments connection.
The evolution of real-time commerce for corporate treasury
by Pushpendra Mehta , Executive Writer, CTMfile
Transitioning to a real-time commerce environment, via real-time supply chains and payments, enhances risk management and strategic decision-making.
IBM wins AFP 2024 Pinnacle Awards - Industry roundup: 22 October
by Ben Poole
Mastercard targets commercial cross-border payments; BofA extends guaranteed FX rates up to 1-year; BNY and Mizuho Bank collaborate on trade services.
Digital trade channel between Europe and China slashes transaction times - Industry roundup: 21 October
by Ben Poole
Bridgepoint to reinvest in Kyriba; Global trade is showing resilience despite rising barriers; Worldline launches A2A payment method in Europe.
ECB makes third rate cut in four monetary policy meetings - Industry roundup: 18 October
by Ben Poole
Swift cross-border payment processing speed stretches ahead of G20 target; Australia launches review of merchant card payment costs and surcharging.
Interview with David Bork, Head of AR Solutions at Boost Payment Solutions, Inc.
by Pushpendra Mehta , Executive Writer, CTMfile
Boost Intercept®, a STP platform by Boost Payment Solutions, helps customers reduce DSO by over 40%, enabling quicker payments and improved cash flow.
Swift to launch AI-powered fraud defence for cross-border payments - Industry roundup: 17 October
by Ben Poole
SkySparc and Kyriba partner to accelerate treasury transformation; Margin optimisation back in focus for derivatives market.
Lloyds and Mercore complete digital trade transactions - Industry roundup: 16 October
by Ben Poole
BIS reports on faster payment system interlinking and APIs; NZ banks to start rolling out Confirmation of Payee in November.
Issuing a Bank RFP: Key reasons and considerations for corporate treasury
by Pushpendra Mehta , Executive Writer, CTMfile
Key reasons firms issue RFPs for primary banking relationships include service dissatisfaction, credit needs, and global or regional banking support.
Report finds fintech sector continues to make positive impact on UK - Industry roundup: 15 October
by Ben Poole
German manufacturers see weakest export conditions since January; Citi’s tokenised cash management solution goes live.
78% of US business owners anticipate revenue growth in the coming year - Industry roundup: 14 October
by Ben Poole
The probability of a US recession has fallen; Basel Committee publishes 2023 banking turmoil and liquidity risk progress report.
Record-high US national debt: A ticking time bomb likely to spark a debt crisis - TREASURY NEWS #141
by CTM News Team
Pushpendra Mehta & Paul Galloway review treasury news, covering US debt, treasury focus areas, and digital assets.
Citi and Mastercard look to transform global cross-border payments - Industry roundup: 11 October
by Ben Poole
Supply chain spare capacity increases again; Canada outlines mandatory climate disclosure requirements for private companies.
WEBchat on Cross-Border B2B Payments
by CTM News Team
Discover how Boost 100XB simplifies cross-border payments using U.S.-issued commercial cards.
Proximity emerges as the new value driver for US supply chains - Industry roundup: 10 October
by Ben Poole
95% of PSPs have had accounts closed or restricted by banks; J.P. Morgan Asset Management expands diverse asset class access.
Real-time cross-border payments see widespread adoption amid G20 challenges - Industry roundup: 9 October
by Ben Poole
E-commerce fraud to exceed $107bn in 2029; ESMA publishes its first annual report on EU carbon markets.
KYC streamlining and payments fraud protection: Keys to stronger corporate-bank ties
by Pushpendra Mehta , Executive Writer, CTMfile
Strengthening corporate-bank relationships hinges on streamlining KYC, payments fraud protection, and delivering additional value-added services.
93% of treasurers cite forecasting errors as cause of avoidable losses - Industry roundup: 8 October
by Ben Poole
Only 2% of businesses have implemented firm-wide cyber resilience; Industry expectations for instant payments by 2028 revealed.
Visa hub to unify its commercial payments ecosystem - Industry roundup: 7 October
by Ben Poole
M&A momentum is strong and likely to continue; Permanent salary growth falls again as UK labour market continues to soften.
Investors cash in bond market profits - Industry roundup: 4 October
by Ben Poole
Global banks to use Swift for trialling live digital asset transactions from 2025; US election could be a turning point for crypto market structure.
Green bond regulations among ESMA’s strategic priorities - Industry roundup: 3 October
by Ben Poole
Software and services leads Asian sector growth again in September; BofA brings virtual payables solution to EMEA.