Treasury News Network

Learn & Share the latest News & Analysis in Corporate Treasury

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Bank Relations & KYC

Banks embrace open banking in face of fintech competition

by Kylene Casanova

Banks are changing their attitude and approach towards opening banking, with 69 per cent of banks saying that open banking is more of an opportunity than a threat, according to a survey by Temenos.

Risk Management

Are you detecting the hidden risks in your supply chain?

by Kylene Casanova

Events, legislation and new insights in the past year have highlighted the extent to which risks often go undetected in the supply chain, through exposure to business partners, third-parties or banks.

Fraud Prevention

UK payments regulator takes action on APP scams

by Kylene Casanova

The Payment Systems Regulator warns that authorised push payment scams are a growing concern, saying that more needs to be done to address the problem.

Cash & Liquidity Management

Renminbi at a crossroads?

by Kylene Casanova

China's currency has lost almost 6 per cent of its value against the US dollar since the beginning of 2016, arousing fears of further depreciation.

Fraud Prevention

How will risk management change in 2017?

by Kylene Casanova

How can risk be a 'performance driver' or 'value creator'? Technology is set to change the way companies think about risks and here are six risk management trends to watch out for next year.

Fraud Prevention

12% rise in cyber theft of financial data

by Kylene Casanova

Companies are more confident of being able to detect and protect themselves from a cybersecurity threat but their plans to recover in the aftermath of one are inadequate

Cash Flow Management & Forecasting

Why corporate banking must digitise to survive

by Kylene Casanova

In its report on global corporate banking, BCG describes a culture of “increasing competition, declining revenues, surging regulatory costs, spiking loan losses, and rising capital requirements”.

Cash & Liquidity Management

3 ways the US must improve its AML/CFT framework

by Kylene Casanova

Lack of clear data on beneficial ownership is named as one of the “serious gaps” in the US anti-money laundering regime, according to FATF's first Mutual Evaluation report in 10 years.

FX Management & Crypto

BIS view on why FX markets are shrinking

by Kylene Casanova

The BIS Quarterly Review looks at three emerging themes from the 2016 survey of global FX markets, in an article that discusses the causes and implications of downsized FX markets

Operations

CFOs need new skills for future challenges

by Kylene Casanova

A survey of more than 500 CFOs shows that the role is becoming increasingly diversified and that the CFO's mandate is expanding to cover areas including IT, cybersecurity, risk and M&A.

Payments - Receipts

Preparation for PSD2 puts EBA under pressure

by Kylene Casanova

The European Banking Authority (EBA) has launched a consultation on its draft guidelines for PSD2, the revised Payment Services Directive.

Cash & Liquidity Management

Does technology actually help you to improve your Cash Management?

by Nicolas Christiaen , CEO & Founder, Cashforce

It is a question that many companies have been asking themselves for the past few years. Innovative, dedicated technologies may be very exciting, but the question remains: Are they worth the investment?

Operations

Non-GAAP financial reporting = bad business decisions

by Kylene Casanova

In their financial statements, companies need to stick to internationally accepted accounting standards. Not just for the investors' sake but also because this leads to better business decisions.