Barclays change identification rules: no need for ‘What you know’ to identify user
by Kylene Casanova
New identification system on the new Barclays iPortal eliminates PINs/passwords and any sharing as well
All posts
Personal accountability and tighter fraud controls in wake of ‘Yates memo’
by Kylene Casanova
The 'Yates memo' called on companies across the US to cooperate with DOJ investigations, while individuals will be held accountable. This will have a critical impact on corporates. Here's why.
Swift announces 57% price reduction by the end of 2015
by Kylene Casanova
Swift expects to deliver a 57% price reduction on its messaging services by the end of 2015, exceeding its original target of 50%, set out in 2010 as part of its Swift2015 strategy.
Swift launches payments and trade finance analytics tool
by Kylene Casanova
Swift has launched a tool, Watch Banking Analytics Premium, that enables its banking customers to analyse their payments and trade finance traffic over the Swift network.
Volante Technologies VolPay Hub: centralized digital payments orchestration hub
by Kylene Casanova
New hub will enable corporates to cut their implementation and maintenance costs for payment/collection factories and cost-effectively take advantage of all new payment systems
Financial market associations support ISO 20022 harmonisation
by Kylene Casanova
A group of financial market associations have announced their support for a global initiative to harmonise the implementation of ISO 20022 standards across the industry.
ANZ aim to change transaction banking and cash management delivery model
by Kylene Casanova
To achieve deep sustainable relationships based on the quality of their services
PMPG agrees guidelines for intraday liquidity reporting
by Kylene Casanova
A payments industry body, the Payments Market Practice Group, has endorsed the use of Swift messages for compliance with new intraday liquidity reporting requirements.
European Parliament votes to adopt PSD2
by Kylene Casanova
The European Parliament has adopted the European Commission's revised Payment Services Directive (PSD2), paving the way for safer and more efficient payments across Europe.
Letters of credit alive and well as global trade risks increase
by Kylene Casanova
The annual International Chamber of Commerce (ICC) global survey on trade finance has painted an intriguing picture of positive market trends that bely increasing global business risks.
Fed approval of same-day ACH rules opens door to faster e-payments
by Kylene Casanova
Recent adoption and support for NACHA's same-day ACH rules will change payments in the US, paving the way for faster execution and new products.
Renminbi cross-border payment system goes live
by Kylene Casanova
China today launched its cross-border renminbi payments systems, the Cross-Border Interbank Payment System (CIPS).
Yuan pips yen to become fourth global payments currency
by Kylene Casanova
The Chinese renminbi has become the fourth most-used payments currency, as of August 2015, according to the Society for Worldwide Interbank Financial Telecommunications (Swift).
How to manage connectivity standards today and tomorrow
by Kylene Casanova
Connectivity Series #3: Volante experts Hamilton and Clarke discuss with Mondelez’s Mike Foye global progress, the effective combination of global/regional and local banks, and possible new services on the horizon
Pre-funding settlement model introduced by Faster Payments
by Kylene Casanova
The Faster Payments Scheme Limited (FPSL) has announced a new ‘pre-funding’ settlement system, which guarantees settlement between all payment participants, eliminating any shared risk.
Corporates face uncertainty and tax compliance burden, as BEPS announced
by Kylene Casanova
The base erosion and profit shifting project consists of a 15-point action plan that aims to put an end to multinationals being able to transfer profits to lower-tax jurisdictions in order to pay less tax.
Pelican Sanctions filtering service opens door to stress free life for corporate treasury
by Kylene Casanova
No more sanctions breaches with new service that gives the user a clear understanding of the risk profile of each customer, supplier and employee
EIU survey finds corporate treasurers focused on weak economy and FX risk
by Kylene Casanova
A combination of weak economic growth and volatility in foreign exchange markets are the dominant risks facing corporate treasurers, according to the Economist Intelligence Unit.
Call for comments on revised SEPA rules
by Kylene Casanova
The European Payments Council has launched a public consultation on a revised version of the rules that govern SEPA Credit Transfers and SEPA Direct Debits.
What your banks are reading: help on complying with Fatca
by Kylene Casanova
A report that clarifies the requirements of the US Foreign Account Tax Compliance Act (Fatca) for financial institutions and their customers has been published by Thomson Reuters.
Renewing EU securitisation is first step for CMU
by Kylene Casanova
New rules for the EU securitisation market could generate up to €150bn in additional funding for the European economy, according to the European Commission.
R5FX goes live with Latam FX trading
by Kylene Casanova
R5FX leading the market evolution from voice to screen in EM currency trading
EC unveils strategy for Capital Markets Union by 2019
by Kylene Casanova
The European Commission is due to announce its strategy for capital markets in Europe, which is intended to reduce the high dependence on bank funding by corporates.
Mobile wallets: Apple Pay v. Samsung Pay v. Google Wallet v. PayPal v. Bitcoin
by Kylene Casanova
CNN infographic shows the differences. Here’s how to identify which one you should accept at point of sale