US ACH payment growth in 2012; fastest growth in online payments
by Kylene Casanova
Total ACH payment volume grew to over 21 billion transactions in 2012, up 4.19 percent over 2011, according to NACHA the Electronic Payments Assocation.
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Euro problems are not going away any time soon. Try these ‘Lifesaving Steps‘ from BofA Merrill
by Kylene Casanova
The Cyprus liquidity crisis showed that the euro crisis is not over by any means.
e-FX uptake continues to grow
by Kylene Casanova
A new report released today, 'Trading Slowdown Can't Stop the Electronification of FX', by Greenwich Associates shows that the continued adoption of e-trading by large numbers of institutions and
Richard Raeburn’s, Chairman of the EACT, glum conclusion about the Financial Transaction Tax
by Kylene Casanova
In his blog, Richard Raeburn, Chairman of the European Association of Corporate Teasurers, concludes on the Financial Transaction Tax:
Deutsche Bank launches Accounts Receivable Manager for SEPA
by Kylene Casanova
Deutsche Bank announced last week the launch of Accounts Receivable Manager (ARM) for SEPA, a corporate cash management solution designed to help global organisations that manage high
Scary SEPA stories from the 2013 International Payments Summit conference
by Kylene Casanova
Once a year ICBI organises a conference on the payment systems industry in Europe. It is a huge, prestigious event and this year SEPA formed a major part of the timetable. There were many bankers and corporate treas
Australian Dollar directly exchangeable with the RMB
by Kylene Casanova
China has taken another step closer towards internationalising the RMB as the Australian dollar will be directly convertible into the yuan and vice versa from 10 April.
Bottomline launches new Bank Account Verification Solution to cut costs of customer acquisition and
by Kylene Casanova
Bottomline Technologies launched V-Series on 4 April, its new technology platform for real-time validation and verification of UK bank accounts. V-Series enables organisations to combat the threats
The future(s) of swaps
by Kylene Casanova
Dwight Cass writing in International Treasurer poses the question, ' Will corporates make the move to exchanged-traded swaps?'. He believes that corporate exemption from interest-rate swap
Swap users in US get more time to report trades
by Kylene Casanova
Companies won delays in Dodd-Frank Act requirements to report derivatives trades they use to hedge business risks. The so-called end users, who trade as clients of banks, need the delay to test
Don’t decline security protection procedures that your bank recommends: It can cost you
by Kylene Casanova
Last year, a U.S. district court dismissed BancorpSouth's countersuit of former customer Choice Escrow and Land Title LLC for costs related to a 2010 fraud case. Choice Escrow initially sued the
Citi introduces new custody services for segregated collateral accounts
by Kylene Casanova
Citi has expanded its Citi OpenInvestor suite of investment services to include Segregated Collateral Custody Accounts that help clients better mitigate counterparty risk, provide asset safety, and
RMB march continues: 4% growth in the Renminbi Globalisation Index in February and Brazilian importe
by Kylene Casanova
Another two new examples of the march of the renminbi confirm that corporate treasurers need to factor the RMB into their trading models:
New releases of AvantGard Integrity and AvantGard Quantum add enhanced usability and risk analytics
by Kylene Casanova
The latest releases of SunGard's AvantGard Treasury solutions, AvantGard Integrity and AvantGard Quantum provide enhanced usability and functionality to help customers gain increased visibility into cash and risk ac
Short-term credit insurance claims rise in 2012….... indicate that premiums may well soon rise
by Kylene Casanova
Short-term claims paid by export credit insurers increased to higher-than-expected levels in 2012, according to the Berne Union. (The leading global organisation for the export credit and investment insurance indust
Raise funds by corporate bonds: Wal-Mart Shifts US$5bn in bond sale
by Kylene Casanova
Wal-Mart Stores has sold a $5 billion four-part bond issue with a similar structure to a deal the company did in 2011.
Four experts’s Easter tips for global cash management in 2013
by Kylene Casanova
CTMfile asked two leading corporate treasurers and two senior bankers for their tips for global cash management in 2013. Their tips are:
Advice on navigating China’s transfer pricing rules
by Kylene Casanova
Rocky Lee's, Asia managing partner of Cadwalader, Wickersham & Taft, and the firm's Iris Zhaoxin Liu's article in The Corporate Treasurer provides advice on how multinationals can better handle
Major change in balance of global trade in 2012
by Kylene Casanova
Trade between emerging markets accounted for more than 50% of global trade volumes for the first time in 2012, AND China overtook the US as the world's biggest trading nation.
Case study on the vital importance of having a universal banking agreement in bank relationship mana
by Kylene Casanova
In 2010, Debra Hinds, Director, Global Cash Management, Bombardier, was given just one year to streamline, i.e. centralize, their decentralize global cash management in 24 countries. The key was
EMIR compliance management: use an application to simplify the whole process
by Kylene Casanova
On 15th March, the technical standards supplementing the European Markets Infrastructure Regulation (EMIR) entered into force and affect most corporate treasury departments. According to the
UK: Spring 2014 paying a business via mobile will be as easy as sending a text for ALL ACCOUNT HOLDE
by Kylene Casanova
The new Payments Council service will enable secure payments to be made directly to or from an account without the need to disclose the sort code and account number, by simply using a mobile phone number as a proxy.
REFILE - new product from Markit and BNY Mellon brings transparency to tri-party repo
by Kylene Casanova
Markit and BNY Mellon have teamed up to offer securities level data and pricing points in US dollar tri-party repo market. Markit already has an offering on the US$2trn stock lending sector while BNY
Australia to implement new interbank rate system to be compiled directly using prices from electroni
by Kylene Casanova
Australia is to become the first major global economy to scrap its benchmark interbank borrowing rate. The Australian Financial Markets Association (AFMA) has today (27 March) unveiled sweeping c