Eurozone economy fades but UK and US show July growth - Industry roundup: 26 July
by Ben Poole
Over one-third of UK FIs penalised in past 12 months for regulatory compliance failures; BofA’s CashPro App tops US$500bn in payment approvals.
All posts
FX headwinds grew in Q1, reports Kyriba – Industry roundup: 25 July
by Graham Buck
JCI-Hitachi in US$8.1bn JV sale to Bosch; BofE changes tack on liquidity management; Hungary cuts key interest rates; Revolut wins UK banking licence
UK economy had a strong start to 2024 with more GDP growth to come - Industry roundup: 24 July
by Ben Poole
Venture healthcare companies must secure new financing or face tough consequences; Finastra and CredAble to deliver SCF offering to banks.
China surprises with interest rate cut – Industry roundup 23 July
by Graham Buck
China to raise retirement age; ANZ launches real-time payments; Singapore commits US$74m for AI in finance; Bank of Canada expected to cut rates
European “Offshore” Money Market Fund Assets Reach Record Highs
by CTM News Team
European offshore money market funds hit record highs in 2023 and 2024, rising 7.9% year-to-date.
Payments Fraud Detection: Predictive AI vs. Generative AI
by Pushpendra Mehta , Executive Writer, CTMfile
As generative AI and predictive AI technologies converge and advance, the cost of attempting payments fraud is likely to exceed the potential gains.
Easing cycles and elections make for an uncertain second half of 2024 - Industry roundup: 22 July
by Ben Poole
UN calls for sustainable strategies to mitigate digital economy’s environmental impact; Global economy tipped for soft landing.
Treasury plan to boost working capital effectiveness and organizational resilience - TREASURY NEWS #135
by CTM News Team
Pushpendra Mehta and Paul Galloway discuss working capital, US inflation, Japanese chipmakers' investment, and Saudi Aramco bonds.
Financial losses from climate risk may be underestimated by 80% - Industry roundup: 19 July
by Ben Poole
Six months of growth for more than half of UK sectors; “Low-touch” equity trading desks fight through growing pains, UK RTGS service hits snag.
HSBC names CFO as its new chief – Industry roundup: 18 July
by Graham Buck
Tokenised US Treasurys ʺcould hit US$3bnʺ; Indonesia keeps rates on hold; Klarna mulls US IPO for 2025; ADB, AIIB fund Indian solar power project
Global manufacturing gathered further momentum in June - Industry roundup: 17 July
by Ben Poole
Payment fears putting businesses off overseas growth; Indonesia and South Korea pursue cross-border payment connectivity, UK inflation stays at 2%.
State of B2B Payments: Mexico
by CTM News Team
Macro trends in Mexico are driving changes in B2B payments, emphasizing cash flow optimization and efficiency.
France’s audit office sounds warning – Industry roundup: 16 July
by Graham Buck
Pakistan wins U5$7 billion IMF loan; KPMG launches Clear on Climate Reporting; World Bank helps Pacific islands; La Niña threat to EM bonds
Treasury plan to boost working capital effectiveness and organizational resilience
by Pushpendra Mehta , Executive Writer, CTMfile
By adopting four critical approaches, treasurers can develop a plan to strengthen working capital management and bolster business resilience.
M&A uncertainty fails to slow ESG due diligence - Industry roundup: 15 July
by Ben Poole
Anglo American and Bahrain Steel complete eBL transaction for Bahrain imports; Billtrust and Visa to extend B2B payments network collaboration.
US inflation data primes markets for September rate cut - Industry roundup: 12 July
by Ben Poole
UK GDP ticked up in May; Retail investors bearish on both S&P 500 and NASDAQ 100; BofA adds intelligent transaction search to banking platform.
Japan‘s chipmakers plan US$30 billion investment in semiconductors – Industry roundup: 11 July
by Graham Buck
UK launches £7.3bn Wealth Fund; Aramco resumes USD-denominated bonds; Banks enjoyed record profits in 2023; HSBC to reshape investment banking
BIS aims to better monitor developments in global value chains - Industry roundup: 10 July
by Ben Poole
CFO and CEO views differ on sustainability and cost management; Basel Committee consults on principles for sound third-party risk management.
Client pain points and rising budgets driving payments modernization in banks
by Pushpendra Mehta , Executive Writer, CTMfile
Market perspective and three major customer pain points are influencing payments modernisation spending and allocation plans in banks worldwide.
More companies use AI for supply chain management – Industry roundup: 9 July
by Graham Buck
French election “ends pro-business agendaʺ; South Africa to change ETF payments; RBI joins Project Nexus; Ireland's tax windfall continues
Data confirms UK out of technical recession - TREASURY NEWS #134
by CTM News Team
Pushpendra Mehta and Ben Poole discuss trade finance, UK economy, Brazil's rare earths, and Southeast Asia's supply chains.
All business sectors show growth worldwide for first time in nearly three years - Industry roundup: 8 July
by Ben Poole
The EBA starts dialogue with banks on the 2025 EU-wide stress test methodology; Can the US rally continue?; CredAble publishes treasury report.
June confirms record six months for equity fund inflows - Industry roundup: 5 July
by Ben Poole
Disclosure framework and capital standard for banks’ cryptoasset exposures approved; UAE targets “zero bureaucracy” in the financial sector.
Hong Kong and France join forces on CBDCs – Industry roundup: 4 July
by Graham Buck
EIB funds North Sea wind farm; MSCI and Moody’s form ESG partnership; New facility to boost Africa trade; SMBC Aviation Capital raises US$1.5 billion