UK Payments Council is thinking differently about the UK payments infrastructure
by Kylene Casanova
Payments Roadmap – An Initial Report today spells out the Payments Council's revolutionary ....
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Trust Index benchmarks form Thomson Reuters launched. Will this replace CDS as indication of counter
by Kylene Casanova
When Thomson Reuters introduced (at the beginning of May) their Trust Index benchmark their opening paragraphs on their web-site went as follows :
Uncollectable: Europe’s CFOs are losing billions of euros in bad debt, recent research reveals
by Kylene Casanova
Each year, Europe's 21 million businesses lose €350 billion in bad debt. Unpaid receivables rose from 2.8% last year to a current level of 3%, according to the European Payment Index 2013. Credit management services
Multinational organizations rely on OB10 and Buzón E to comply with changing Mexican e-Invoicing reg
by Kylene Casanova
Twelve months after processing its first electronic invoice in Mexico, the combined services from OB10, the global e-Invoicing network, and Buzón E, a government-accredited e-Invoicing solution provider, are being
The future of FX execution and hedging in regulated markets
by Kylene Casanova
Deutsche Bank's Greg Edwards, Head of FX eCommerce Sales Europe, and Alex Price, Head UK Corporate FX, gave a fascinating presentation, at the Association of Corporate Treasurers Annual Conference in May,
The start of comprehensive e-commerce platforms: GlobalCollect launches The Global Retail Insights N
by Kylene Casanova
Netherlands-based payment services provider GlobalCollect has launched The Global Retail Insights Network (GRIN), an integrated coalition of companies aimed at enabling e-commerce retailers to expand internationally
UK banks agree to apply same-day ‘retry system’ to plug faster payment processing gap
by Kylene Casanova
The Financial Conduct Authority (FCA) has reached an agreement with seven of the UK's biggest high street banks that will see them use a same day 'retry system' when processing direct debits, standing orders and fut
UK Payments Council report shows cash usage on the up with 54% of all payments in the UK made by cas
by Kylene Casanova
The new UK Cash & Cash Machines 2013 report from the UK Payments Council shows that cash use increased in the UK last year, with consumers and businesses making 20.8 billion cash payments in 2012, compared with 20.6
The internationalisation of the RMB continues ....
by Kylene Casanova
Recent examples of the RMB's progress includes:
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: