Thomson Reuters launches 2pm FX benchmark for corporate cross-border transactions
by Kylene Casanova
Thomson Reuters has launched a new FX benchmark service that will enable corporates to value, hedge and settle cross-border transactions.
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European and Asian treasurers quicker to adopt technology than US counterparts
by Kylene Casanova
Only half of all companies surveyed in a recent study are using a treasury management system with uptake far higher in Europe (63 per cent) compared to North America (40 per cent).
ESMA replies to EC on treatment of commodity derivatives trading under MiFID II
by Kylene Casanova
The European Securities and Markets Authority has published an official opinion on MiFID II and MiFIR, in response to comments from the European Commission.
Reinventing and transforming treasury to fit with ‘The Future of Business’
by Kylene Casanova
Sam Cooke understood future of corporate treasury: “You’ve got to accentuate the positive” (simplifying, focus on new ways of doing business), “eliminate the negative” (unnecessary complexity, things with no value)
E-invoicing soars, with potential to improve fiscal transparency – survey
by Kylene Casanova
The market for electronic billing and invoicing is set to grow annually by 10-20 per cent, with 2016 volumes reaching around 30 billion invoices globally, according to a recent e-invoicing report.
Develop your own methodology for minimising fraud across your whole organisation
by Kylene Casanova
Every organisation is unique, pick from what the leading spy catchers, governments and other experts recommend to develop your own way of working
How vulnerable is your company/vendors to cybersecurity hacks? Do you really know?
by Kylene Casanova
Cybersecurity metrics are essential in managing your actual security risk, it is NO GOOD relying on what you believe to be in place. AND remember: “There is no guaranteed security, only less risk.”
RMB falls to 6th place in global currency payments by value
by Kylene Casanova
SWIFT RMB index: in April 2016 RMB decreased by 7.7% whilst overall all payments currencies decreased by 4.60%
EC launches targeted consultations on capital requirements regulation (CRR/CRD IV)
by Kylene Casanova
The European Commission has launched two targeted consultations on some of the principles within the Capital Requirements Regulation and Directive (CRR/CRD IV).
FX global code of conduct to promote standards and efficiency
by Kylene Casanova
The Bank for International Settlements has published the first phase of the global code of conduct for global FX markets, aimed at raising standards and promoting fairness and efficiency in currency markets.
Tipalti releases first-ever platform to automate entire accounts payable workflow
by Kylene Casanova
New cloud offering delivers end-to-end accounts payables optimization for global supplier payments
Banks losing FX market share to non-bank liquidity providers – survey
by Kylene Casanova
The success of non-bank FX liquidity providers such as XTX Markets and the loss of combined market share of the top five banks are two trends highlighted in this year's Euromoney FX survey.
The Future of Banking in 2025: digital banking superstores
by Kylene Casanova
Greenwich Survey show how the changes in the banking industry since the global finance crisis will lead to new forms of banks. Can your internal systems cope with the new normal that is coming?
SWIFT tightens security measures in wake of Bangladesh Bank crisis
by Kylene Casanova
Following a series of security breaches involving SWIFT customer banks, CEO Gottfried Leibbrandt has outlined a five-point plan to reinforce the organisation's global financial system.
Bank connectivity - which is most cost-effective: Host-2-Host or SWIFT?
by Kylene Casanova
Neither is automatically the cheapest, it all depends ………. Remember: SWIFT figures show that only 45% of Fortune 500 corporates are connected direct to SWIFT
Banks join forces on ledger to beat trade finance fraud
by Kylene Casanova
Standard Chartered and DBS Group Holdings have announced their collaboration on developing a trade finance invoicing system based on distributed-ledger technology.
Top supply chain leaders of 2016 named
by Kylene Casanova
An annual ranking of the top 25 supply chain leaders puts Unilever in top place, based on considerations including a peer vote, CSR and revenue growth.
Are savings from p-cards/supply chain finance eliminated by higher supplier prices?
by Kylene Casanova
For the buyer, payment financing methods - purchase cards, reverse factoring, etc. - cut costs, WHILST imposing additional costs on the supplier. BUT ARE THESE SAVINGS CANCELLED OUT BY INCREASED SUPPLIER PRICES?
UK: debit cards to overtake cash payments by 2021
by Kylene Casanova
Cash - coins and notes - decline accelerating: expected to drop to 27% share by 2025. But cheques still popular: 546m in 2015
Credit cards come back as UK moves towards a cashless society
by Kylene Casanova
New East & Partners Europe research* shows significant growth in the acceptance of credit cards and contactless card payments by SMEs
Default on export invoices increased by 19% in Eastern Europe
by Kylene Casanova
Trade credit risk from foreign late payment on the rise in Eastern Europe, Atradius survey reveals
Card payment fees must be more transparent, says regulator
by Kylene Casanova
The UK's Payment Systems Regulator has published draft guidance on how it will monitor and enforce newer elements of the EU Interchange Fee.
Treasurers have more strategic role but still struggle with core tasks - survey
by Kylene Casanova
A survey by Kyriba and the ACT has found a mixed picture of increasingly strategic roles for corporate treasury, together with continuing challenges in global cash visibility and fraud.
Global FX market faces credit gap of $1.3 trillion
by Kylene Casanova
The global FX market has a 'credit gap' of about $1.3 trillion according to research, which could leave many stakeholders in dire straits but no one is addressing the problem.