The internationalisation of the RMB continues ....
by Kylene Casanova
Recent examples of the RMB's progress includes:
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CLS announces Natixis as new Settlement Member
by Kylene Casanova
CLS Group (CLS), the market infrastructure that enhances financial stability by providing risk mitigation services to the global FX market, today announced the addition of Natixis as a CLS Settlement Member.
Mobile payments progress highlights - 01
by Kylene Casanova
Mobile payments continue to grow world-wide. Recent developments have included: Square, the North American mobile payments provider, is launching their service in Japan
SEPA: on average the cost of failed transactions will be €50 each
by Kylene Casanova
The European Commission estimates that the cost of a failed transaction will be EUR 50 on average. This does not include the negative impact on customer and supplier relationships, and any impact on employees who ha
Brazil scraps their Financial Transaction Tax
by Kylene Casanova
Brazil's government has tried to stem a sharp depreciation in the real (BRL) that had threatened to fuel already high inflation in Latin America's largest economy by scrapping their Financial Transaction Tax.
Bank of America Merrill Lynch expands Transaction Services offering in Canada
by Kylene Casanova
Bank of America Merrill Lynch has announced the expansion of its Global Transaction Services (GTS) business in Canada.
FxPro launches new strategy building tool
by Kylene Casanova
FxPro Group Ltd (FxPro), a leading global broker in FX, has launched FxPro Quant, an Expert Advisor (EA) Strategy Builder. FxPro claims that FXPro Quant is a revolutionary product which allows traders to develop and
Fraud up 6% in Europe and France is now the Europe card fraud capital
by Kylene Casanova
Overall card fraud grew 6% in 2012. France now has the highest share of card fraud in Europe with 29% of regions losses, even higher than the UK (27%). Russia is growing the fastest - 2012 level is three times 2010
25-26 June: Eurofinance Conference ‘Treasury, Risk and Cash Management in Russia‘
by Kylene Casanova
Leading event for Russian companies looking to expand internationally and foreign MNCs moving into Russia. Sessions cover the elements of effective cash management including risk, liquidity, pooling and banking rela
Shared Service Centres in Asia-Pacific are multiplying but there is growing dissatisfaction with SSC
by Kylene Casanova
Citi is witnessing huge growth in the number of SSCs that they support...
The march of the RMB: Deutsche Bank prices first RMB-denominated Formosa bond by a foreign entity
by Kylene Casanova
First renminbi debt offering in Taiwan with a 1.1 billion renminbi (US$179.39 million)
Asia-Pacific survey: Standard Chartered is the best bank for account and transaction bank facilities
by Kylene Casanova
In a survey conducted by East & Partners research group in May and November 2012
Fitch: Corporate cash management faces Basel III and several other challenges in search for short te
by Kylene Casanova
Corporate treasurers and cash managers face a rapidly evolving set of new regulatory challenges arising from Basel III and money market fund reform, according to Fitch Ratings. Basel III's leverage, liquidity covera
Best-in-Class Cash Flow Forecasting: automatically extract the A/P and A/R data from all your ERPs g
by Kylene Casanova
est-in-class organisations forecast both treasury and operating cash flows, using automated systems wherever possible. There is no single way of measuring short-term cash flows that works for all types of cash flows
Purchase to pay solution combining e-procurement with P-card purchasing provides full line item deta
by Kylene Casanova
Integrated Commerce Solutions Ltd is a South African company that specializes in comprehensive procurement & payment solutions, including the development and provision of secure world class 3rd Level Data technology
Still massive cost savings in moving to e-invoicing: €6.40 per invoice for invoice issuers & €10
by Kylene Casanova
The 2013 'e-invoicing / e-billing 2013' report from Billentis shows that only a small percentage of the bill and invoice volume has been automated:
How to manage bank relationships? Tell them how they are doing
by Kylene Casanova
Two presentations at the ACT's Annual Conference in May neatly described many of the different aspects in managing bank relationships
How to save $20m by preventing duplicate payments and correcting inaccurate billing
by Kylene Casanova
Baystate Health, a Massachusetts-based healthcare system, used ACL's Analytics Exchange (AX), automated continuous auditing technology to streamline their billing service and uncovered $2.5 million in lost revenue,
Should Treasury lead Enterprise Risk Management?
by Kylene Casanova
An AFP CTC Corporate Treasurers Forum in New York, early in May discussed whether treasurers should lead the enterprise risk management function instead of the internal audit group.
BNP Paribas sees boost in delinquent repayments and collections performance using FICO® Adeptra® Ris
by Kylene Casanova
FICO, a leading predictive analytics and decision management software company, have announced that BNP Paribas Bank Polska has successfully used FICO® Adeptra® Risk Intervention Manager, part of the FICO® Adeptra® M
ACL launches ACL™ Analytics 10 for data-driven Governance, Risk and Compliance Management programmes
by Kylene Casanova
ACL has released™ Analytics version 10 (formerly known as ACL™ Desktop), a GRC solution that can analyse any data source. It allows a broad group of users, including risk, compliance, audit, IT
UK: cash use down 10% as new ways to pay change old order, and banks still charges are still way too
by Kylene Casanova
Fundamental changes in the UK retail industry as customers embrace new technology and new ways to shop are producing major changes in the relative importance of different payment methods.
SunGard upgrades AvantGard Receivables (GETPAID) system with statistical modelling tool to help prio
by Kylene Casanova
SunGard has released a new version of AvantGard Receivables (GETPAID). The credit and collections solution now offers statistical modelling functionality to help companies prioritise collections. Its
Decision tree on alternative forms of finance now traditional forms of finance are no longer useful
by Kylene Casanova
The new CBI guide, 'Ripe for the picking: a guide to alternative sources of finance'