FX performance measurement service launched by SWIFT
by Kylene Casanova
HSBC is the first customer to use SWIFT's newly-launched information service, FX Business Insights, which allows clients to continuously measure their FX business performance.
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RMB back to #5 globally & UAE shows stellar growth in RMB adoption
by Kylene Casanova
Special edition of SWIFT’s RMB Tracker provides consolidated overview of the RMB’s journey towards internationalisation with snapshots of EMEA, France, Germany, Switzerland and the UAE
SEPA gave banks opportunity to simplify internal routing practices
by Kylene Casanova
Research highlights how some banks used the transition to SEPA to simplify their internal routing practices. It suggests that other initiatives may present similar opportunities in the future.
Counterparty risk and non-payment is main credit worry for treasurers
by Kylene Casanova
Counterparty risk is a top concern for treasurers and one major problem is concentrated exposure to a small number of businesses.
Microsoft & BAML collaborate to transform trade finance with blockchain technology
by Kylene Casanova
Will use cloud based Azure blockchain as a service to transform trade finance transacting
How far has the GPII come in 10 months?
by Kylene Casanova
The global payments innovation initiative was launched in December 2015 to address weakness in cross-border payments. What progress has been made since then?
Africa region: it’s not that risky, opportunities are huge, come and join party
by Kylene Casanova
Managing risk and driving trade will shape next chapter of the African growth story: Standard Bank show how to exploit the opportunities in African continent with their local understanding and different perspective
Cards dominate non-cash payments in the EU and CLS dominates large value payments
by Kylene Casanova
ECB statistics show that in 2015 card usage accelerated, cheques declined, and in large value payments - Target 2 volume is less than half of CLS
SWIFT announces customer security standards to combat cyber fraud
by Kylene Casanova
As of Q2 2017, SWIFT customers will be required to use a set of core mandatory security standards and prove compliance through self-attestation against a new assurance framework.
Misys and essDOCS’s unique partnership accelerates move to paperless trade
by Kylene Casanova
Electronic bills of lading and warehouse warrants to be automated in end-to-end financial supply chain management, cutting costs and boosting efficiency
Individual screening tool to be launched by SWIFT in early 2017
by Kylene Casanova
SWIFT is to launch a new hosted cloud service called Name Screening, which will allow financial institutions and corporates to look up the names of individuals for compliance and customer due diligence purposes.
Seven Sibos sessions corporate treasurers shouldn’t miss
by Kylene Casanova
Sibos begins today in Geneva – so which sessions will treasurers find most useful? Here are some that provide insight into topics such as cyber crisis management and the future of blockchain in finance.
EBA CLEARING - growth in support for pan-European real-time payment platform
by Jack Large
It’s all coming together as close to 80 financial institutions are currently planning to join the Company’s future instant payment service in 2017 or 2018. Will use ISO 20022 standards. Rule book out shortly
Treamo improve TFM cash flow forecasting platform with new tools
by Kylene Casanova
Cash flow generator, FX hedger and cash flow scenario generator add functionality and effectiveness
ISO 20022 initiative sees growing financial market support
by Kylene Casanova
The global rollout of ISO 20022 is progressing, with endorsement from key financial market infrastructures and market practice groups - but still no corporate representatives on board?
Money laundering - worth over £90bn - is security threat to UK
by Kylene Casanova
Cyber crime and high-end money laundering are among the top five threats to the UK, according to a report by the National Crime Agency.
Regulators must do more to protect against bank transfer scams
by Kylene Casanova
Which? has made made a 'super-complaint' to the UK's Payment Systems Regulator, asking whether banks and regulators should do more to protect against payment fraud.
World Payments Report 2016 shows key benefits from adopting immediate payments
by Kylene Casanova
Global digital payments growing at 10%/annum as emerging market growth accelerates; huge variations between countries: cards still no. 1; cash in circulation growing; and banks not coping with regulations
Corporate treasurers: is it time you hedged climate risk?
by Kylene Casanova
Two recent news stories suggest that treasury professionals should be seriously considering the impact of climate change risks – and incorporating these risks into their financial risk framework.
Why we need to re-purpose, not reinvent, business standards for DLT
by Kylene Casanova
SWIFT has published a paper that investigates the application of business standards to distributed ledger technology (DLT) and smart contracts (SC).
Cash still cheapest at point of sale but loses transaction dominance in UK: now only 47%
by Kylene Casanova
Contactless hastens cash decline - BRC Payments Survey - as debit cards become main payment method in the UK
Lack of real-time data plagues cash managers
by Kylene Casanova
The biggest challenge for corporate treasurers is a lack of real-time data and reliance on manual processes, according to a survey of 200 global treasury professionals.
Who to collaborate with to prevent fraud? Who should you tell when you’ve been hacked?
by Kylene Casanova
Fraud incident every 15 seconds in the UK shows the need for collaborative initiatives - but with whom? And how do you tell shareholders and authorities that you’ve had a cyber attack?
How blockchain will be used in financial services
by Kylene Casanova
Research by Finextra and Epam looks at some of the current projects using blockchain to improve cross-border transfers, trade transactions as well as data and customer identity management.