Troy drives card collections in Turkey
by Kylene Casanova
Turkey remains a largely cash-based economy but the Troy payment cards system will cut payment clearance fees and fuel further growth in the financial cards market.
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UK jumps ahead of Singapore as the second largest offshore RMB clearing centre
by Kylene Casanova
40% of all payments made between the UK and China/Hong Kong are exchanged in RMB
Investors and CEOs poles apart on incentives, skills and value creation
by Kylene Casanova
The divergent views and priorities of investors and chief executives regarding issues such as performance incentives, the availability of key skills and value creation are highlighted in a survey by PwC.
Tipalti, the global supplier payments automation platform, extends ERP integration
by Kylene Casanova
Tipalti SuiteApp achieves meets the NetSuite SuiteCloud Platform development standards and documented best practices
Why treasury needs a seat at the JV negotiating table
by Kylene Casanova
A report from McKinsey shows that trust, communication and focusing on businesses models are linchpins of successful joint venture negotiations. Treasury has a role to play in these key areas.
Etihad Airways takes off with OpenLink’s commodities, treasury and risk solution
by Kylene Casanova
Airline consolidates its fuel risk management and treasury business into a single strategic platform
Panama Papers database: a treasury resource for counterparty evaluation
by Kylene Casanova
The forthcoming release of data contained in documents leaked from a Panama law firm could provide insight into the business activities and associations of more than 200,000 offshore entities.
KPMG launches data resource to pre-empt third-party disruption
by Kylene Casanova
KPMG has launched its 'Third Party Intelligence' system, a digital data resource on third-party suppliers for companies.
BofA Merrill enhances CashPro Trade portal’s document identification & retrieval
by Kylene Casanova
New data capture technology allows for metadata, such as invoice numbers and dollar amounts, in associated scanned trade documents to be recognized in searches, so facilitating transaction auditing and approval
Corporate activity on the SWIFT network and services in 2015
by Kylene Casanova
Less than half of Fortune 500 use SWIFT; only 7 corporates are live on eBAM using 20022 acmt messages on FileAct; Citi first for corporates on SWIFT in India; little progress on BPO and MT798 message usage
Corporates warned to check Alliance Lite2 update following SWIFT software hack
by Kylene Casanova
Corporate treasurers are warned to check they have the latest Alliance Lite2 update and to check with IT on malware that compromised SWIFT software in the $81m Bangladesh bank heist.
NewChange FX release independent foreign exchange Transaction Cost Analysis tool on Microsoft Office
by Kylene Casanova
Free trial period for the NCFX TCA tool which delivers easier and more accurate analysis of your FX deals
Online banking-based payment system via SEPA Credit Transfer usage soars
by Kylene Casanova
MyBank breaks €1 billion milestone with payments ranging from €2 to €400,000 since March 2013
RBS to close Indian corporate banking operations as it proves too tortuous to sell
by Kylene Casanova
Wind-down of RBS’s global corporate banking network continues
Hanse Orga and Taulia partner to provide new ways to manage working capital
by Kylene Casanova
SAP + Hanse Orga + Taulia = fully integrated solution to working capital management
Five ways to improve your financial controls
by Kylene Casanova
Large companies can benefit from a regular re-evaluation of their financial controls and it's better for the corporate treasury to ensure this is carried out before audit arrives.
Why the US needs EMV to combat fraud
by Kylene Casanova
The US is the last major economy to fully embrace EMV and with card fraud now at an all-time high of $8.5 billion, it is under increasing pressure to do so.
EC sets out conditions for endorsing RTS for MiFID II
by Kylene Casanova
The European Commission has published three letters informing the European Securities and Markets Authority about its decision to endorse draft regulatory technical standards for MiFID II.
Why CFOs and treasury must lead on analytics
by Kylene Casanova
Only 10 per cent of CFOs say they are are responsible for analytics within the company – financial executives could do more to develop and harness big data.
Continuity risk to business from EU data protection laws
by Kylene Casanova
The EU General Data Protection Regulation has been adopted. Companies have two years to comply or face punitive fines and huge reputation risk, which treasury departments should take seriously.
Asset-based finance now ‘primary source of funding’ for corporates, worth £20bn in 2015
by Kylene Casanova
A report by the Asset Based Finance Association shows an increase in the use of asset-based finance by businesses in the UK, with £19.7 billion raised at end of December 2015.
FiREapps: In 2015: $112.04 bn in revenue was erased by currency headwinds
by Kylene Casanova
Q4 Currency Report over 80% larger than Q4 2014 and concludes that “we are reaching a tipping point for disclosures of currency headwinds in north american corporate earnings calls”
SWIFT & Accenture show path to Distributed Ledger Technology in financial services
by Kylene Casanova
New paper analyses the opportunities and challenges of distributed ledger technology in financial services, AND identifies key factors for success
SWIFT gets SWIFTSmart with new eLearning platform for banks AND corporates
by Kylene Casanova
New platform will support remote training with digital courses and social learning capabilities to encourage peer interaction across the SWIFT community