Bank Payment Obligation (BPO) development is progressing, but corporates are not rushing to sign up
by Kylene Casanova
The development of BPOs is progressing. Recent developments have included:
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AFP to provide counter-party risk data
by Kylene Casanova
AFP in partnership Thomson Reuters is to provide access to selected companies to evaluate their creditworthiness and to identify emerging trends in counterparty credit risk. AFP members can now
HSBC is first to complete transactions on India’s new NACH payments system
by Kylene Casanova
HSBC Bank is the first bank to complete live customer transactions on India's new National Automated Clearing House (NACH) debit platform. Vodafone India, one of India's telecommunications
Council of the European Union DEMANDS Sepa migration push
by Kylene Casanova
At its latest economic and financial affairs meeting, the Council - made up of minsters from EU member states - reiterated its backing for the Sepa (Single euro payments area) project and the
‘Banks Cash Management Coverage and Services in North America 2013’ report released
by Kylene Casanova
J&W Associates' annual survey of 12 banks in North America cash management coverage and services, showed that the coverage remain relatively unchanged while there are still real differences
Alliance Lite 2 provides Gilead Science Inc with service bureau agnostic and bank agnostic connectiv
by Kylene Casanova
Brad Vollmer, Treasurer, at Gilead Sciences, Inc. (GSI) - a leading research-based biopharmaceutical company, with $9.7 bn annual revenues in 2012, started his treasury automation project in
China Tax and Financial Planning Briefing: Fifth Edition from Reuters Thomson
by Kylene Casanova
This briefing contains case studies and analysis from leading practitioners and is designed to help corporate users determine the impact of tax and financial regulation on the profitability of a
Next generation J.P. Morgan’s online electronic banking platform Access® launched in Asia-Pacific
by Kylene Casanova
J.P. Morgan has unveiled the next generation of J.P. Morgan ACCESS®, the firm's on-line electronic banking platform for corporate, financial institution and commercial banking clients, in the Asia-
60% of derivatives users unprepared for Dodd Frank and EMIR and many will hedge less as a result of
by Kylene Casanova
In Chatham House's survey of more than 150 companies, 60 percent of respondents who face regulatory requirements from Dodd-Frank indicated that they are not yet prepared for compliance, with
Visa to cut cross-border credit card fees in EU by 60% under pressure from the European Commission
by Kylene Casanova
Visa Europe has pledged to cut its inter-bank fees significantly for cross-border credit card payments and reform its rules following an anti-trust investigation by the European Commission. Under the
Basware launches e-procurement tool to complete their integration of e-invoicing and purchase-to-pay
by Kylene Casanova
Basware, a leading provider of e-invoicing and purchase-to-pay solutions, has launched Basware Purchase, a core addition to its e-procurement suite.
IRIS launches cloud-based payslip delivery solution - IRIS OpenPayslips
by Kylene Casanova
IRIS Software Group, a market leader in accountancy & payroll solutions, has launched IRIS OpenPayslips, a unique cloud-based service allowing anyone running IRIS payroll software to deliver
BNP Paribas launches new CENTRIC electronic banking platform for corporates with roll-out starting i
by Kylene Casanova
The electronic banking platform for corporate clients from BNP Paribas, named CENTRIC, offers access to cash management and trade finance products as well as execution of foreign exchange transactions.
ACT/Kyriba survey reveals core priorities of ACT Members for the next year: the bigger the company t
by Kylene Casanova
During March and April 2013, Kyriba, in conjunction with the Association of Corporate Treasurers (ACT) conducted an online survey of treasury and finance professionals, all members of the Association.
Blackstone launches a Cash Management Unit
by Kylene Casanova
The Blackstone Group has launched a new business designed to tap into potential dissatisfaction with money-market funds. The new unit, Blackstone Treasury Solutions Advisors, will offer
Chinese government set to announce timetable for renminbi convertibility under capital account in 20
by Kylene Casanova
China is set to make a proposal outlining the renminbi convertibility plan in 2013 in its move to push forward interest rate and exchange rate liberalization, according to a statement by the State
DTCC, Euroclear Launch Joint Collateral Service Single collateral pools for mutual clients
by Kylene Casanova
Euroclear and the Depository Trust and Clearing Corporation (DTCC) have announced the launch of a joint collateral processing service, which aims to automate elements of margin call workflows for derivatives trades.
BNY Mellon Launches Intraday Liquidity Analytics service, precursor of daylight overdraft charging?
by Kylene Casanova
The new Intraday Liquidity Analytics service helps clients monitor daylight overdrafts, respond to intraday liquidity transparency requirements under Basel III Increases visibility and control, helps
SWIFT adds daily updates to the SWIFTRef platform, daily updates to BICs and SSIs now available
by Kylene Casanova
SWIFT today added daily updates to its reference data directories to reduce industry costs associated with payment processing. As part of the SWIFTRef data platform, the new service will replace
Thomson Reuters to provide real-time interbank rates for onshore and offshore RMB market
by Kylene Casanova
A real-time interbank foreign exchange (FX) data for the onshore and offshore renminbi market.
Invoiceware International extends Latin America e-invoicing network with new version
by Kylene Casanova
US-based e-invoicing services provider Invoiceware International has released a new version of their electronic invoicing service for multinationals needing to comply with the Documentos Tributarios Electrónicos (DT
Are contactless payment cards about to go mainstream in UK as M&S customers embrace contactless
by Kylene Casanova
Around one in seven card payments of under £20 are now contactless at UK retail giant Marks & Spencer (M&S), which is processing more than 230,000 tap and pay transactions every week.
Digital cash replacement (Mondex 2?) from Royal Canadian Mint for transactions under $10 in developm
by Kylene Casanova
It is a great idea - to replace the expensive cash transactions under $10 by chips holding the cash digitally, but it is expensive to set up the infrastructure and make it work. RBS/NatWest spent a
Five ways to protect your company from miss-sold swaps
by Kylene Casanova
Gurpreet Banwait's - Director, Solutions, Product Management, FINCAD - excellent article in the AFP's Risk Newsheet recommends instead of playing the blame game when swap positions go sour,