EU sets out roadmap to a green, clean economy
by Bija Knowles
The European Commission's High-Level Expert Group on Sustainable Finance has published its recommendations for a financial system that supports sustainable investment
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Why complying with new beneficial ownership requirements will require specialized analysis
by Jeremy Gram , Senior Associate, Prescient
Prescient show that simple database checks in due diligence programmes are often not enough to unravel who really owns a company
Threat to data is real: passwords won’t protect you or your company anymore
by Bija Knowles
A recent discovery of a huge database of stolen security data and the potential for quantum computing to make current cryptography useless poses huge problems for data security
Happy tenth anniversary SEPA and congratulations!
by Kylene Casanova
EPC infographic shows how far how SEPA has come, but what revolution will match it?
40% of European firms – 67% globally – unprepared for GDPR
by Bija Knowles
With four months to go, just a third of companies globally have a plan in place to comply with the General Data Protection Regulation, which comes into force on 25 May 2018
‘Fraud Analytics: - complete self-assessment guide’ shows how to tackle fraud
by Kylene Casanova
Book by Gerard Blokdijk provides a Fraud Analytics roadmap on how to understand and move forward in the right direction, based on verifiable data
91% of firms say Brexit is most serious challenge to the UK financial services
by Bija Knowles
Two reports – one from leaked from government and another published by CBI/PwC – say Brexit will have a negative impact on British business and financial services
Thomson Reuters launch Data Privacy Advisor for global privacy compliance
by Kylene Casanova
Next-generation question-answering feature, Ask Watson, helps companies comply with the never ending flood of new data privacy regulations
Global payment traffic at all-time high in 2017 - SWIFT
by Bija Knowles
SWIFT reached several milestones last year, including its highest ever number of messages and global payments traffic
Know and understand yourself, or fail in fraud control
by Kylene Casanova
Self assessment in fraud control is essential in war against all kinds of fraud - cyber fraud, occupational fraud, corruption and bribery, etc.
52% of companies integrate climate risks into business strategy
by Kylene Casanova
There is increasing awareness among organisations of the risks and opportunities associated with climate change, with a fifth setting science-based emissions targets
PSD2 and APIs = extraordinary speedy development and flexibility
by Kylene Casanova
APIs will change your life: PSD2 standards, BofA Merrill launch of API Gateway, TreasuryXpress, etc. all pushing use of APIs to deliver new service implementation in a few days
Future of TMS implementations: by 2019 will take two days
by Tom Leitch , Chief Operating Officer, TreasuryXpress
Tom Leitch, COO, TreasuryXpress reviews standard implementation methods and how they are being replaced by modern models which now install TMS solutions in two weeks, and, by 2019, will take two days.
Data analytics to identify fraud weak spots and improve performance
by Bija Knowles
How can organisations identify actions for better performance, analyse business processes most exposed to risk or fraud, or get insight into customer habits? It's all in the data
Late payment is bad for business – yet 27% of UK invoices paid late
by Bija Knowles
Keeping suppliers waiting beyond the payment terms for invoice payment makes no economic sense and is damaging the supply chain – yet 27 per cent of invoices are paid late in the UK
Structural changes in banking since 2008 – BIS report
by Bija Knowles
A BIS report shows how banks are reacting to the new financial landscape, in which they are more resilient to risks but profitability has fallen below pre-crisis levels
End for Bitcoin as a payment medium?
by Kylene Casanova
Stripe announce they are winding down support for Bitcoin as a payment medium. Bitcoin is “better suited to being an asset than being a means of exchange”
How much are finance professionals worth in 2018?
by Bija Knowles
The Robert Half 2018 Salary Guide gives parameters of some of the typical salaries for financial professionals – but remuneration also depends on key skills, which need to adapt to digitalisation
All-time high incidence of fraud, cyber incidents, and security breaches
by Kylene Casanova
Kroll’s 10th Annual Global Fraud & Risk Report 2017/18 shows that there are major repercussions from current levels fraud-related losses; confidential information is increasingly under threat
Risks of 4IR technologies sometimes overlooked - survey
by Bija Knowles
Not all organisations are prepared for the risks posed by emerging technologies. A surprising number are not prepared for risks associated with robotics, artificial intelligence or blockchain
Automation: what does it mean for finance jobs and skills?
by Bija Knowles
Automation will lead to profound workplace change and some finance roles will go completely. Financial professionals will need new skillsets to succeed in a changing workplace
Payment roundup: instant payments, virtual cards, mobile payments, biometrics
by Kylene Casanova
World is moving to instant and/or mobile payments as new technologies transform
Carillion - slow payments have devastated suppliers, and SMEs are the worst hit
by Paul Christensen , Co-founder and CEO, Previse
It’s in the interest of large corporates to have their suppliers paid fast, not slow. Buyers and sellers alike want this solved......
Cooperation needed to meet global cybersecurity challenge
by Bija Knowles
A report by the World Economic Forum in collaboration with The Boston Consulting Group provides guidance to help private and public organisations collaborate to fight cybercrime