Removing LIBOR for AUD, CAD, DKK, NZD SEK will remove misunderstandings between head office and loca
by Kylene Casanova
A discussion on LinkedIn showed how much confusion the existence of "manipulated" LIBORs has been causing.
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Possible Euro break-up: plans on hold while contingency procedures and systems are being kept in pla
by Kylene Casanova
In September 2012 Citi's chief economist put the likelihood of Greece leaving the euro within 18 months at 90%. These concerns on Greece and the Euro zone have lessened, but they have not gone away.
EU Payment Terms – an update
by Kylene Casanova
We're nearly at the final hurdle for directive 2011/7/EU. The deadline for implementation is 16 March 2013 and so far most countries look to be transposing the directive exactly in the form suggested by the EU Commi
ACL Introduces ACL™ Analytics Exchange 4 to analyze what’s happened and monitor fraud and revenue le
by Kylene Casanova
ACLhave launched the ACL Analytics Exchangeversion 4. AX which enables adjacent departments, including finance, risk and compliance, to protect the bottom line by identifying control deficiencies such as fraud and r
Bank relationship management: the experienced view on how to use bilateral banking arrangements
by Kylene Casanova
Greg Croydon, Director, Treasury and Group Pensions at IMI the UK engineering company, who has been in corporate treasury for nearly 25 years, shared his ideas and experiences on bank relationship management at the
Straight Through Reconciliation is no longer a dream: Optimising the Order-to-Cash Cycle and remitta
by Kylene Casanova
PPG is a major MNC in Europe with 100+ legal entities using Oracle and SAP ERP systems with completely decentralized cash application and collection processes. There were a mixture of
Kyriba launches Kyriba Pro mid-market SaaS TMS for smaller corporate treasury departments
by Kylene Casanova
Kyriba, a leader in cloud-based treasury management solutions, has launched Kyriba Pro, providing a wide range of cash visibility, productivity and control tools to mid-market treasurers and CFOs.
Basel III reshapes trade finance and opens up opportunities for African banks look to fill gaps left
by Kylene Casanova
As Basel III regulations come into play, banks are looking to manage their bulk balance sheets by divesting their trade finance assets, creating a gap in the market.
There are 40+ banks SWIFT certified as being ready to offer corporate access services
by Kylene Casanova
To give corporate customers insight into the readiness of their banking partners, and allow them to take advantage of the benefits of their SWIFT connection, SWIFT has created the bank readiness
Surprise, surprise: Asian corporates want more from their banks, just like the rest of the world
by Kylene Casanova
Asia's banks need to lift service levels to their institutional customers or face an increasing risk of losing them, according to the latest research from industry specialists East & Partners. Their twice yearly Asi
EU’s Financial Transaction Tax (FTT) may mean that your cash-coordination centre will need to reloca
by Kylene Casanova
Corporate treasury is rightly concerned over FTTs. It is not just the looming (in early 2014) EU FTT, there are also proposals to introduce one in the USA. M-Pesa, the mobile payment system in Kenya, has just had on
Global march of the RMB: IFC launches short-term RMB facility for private firms
by Kylene Casanova
IFC, a member of the World Bank Group, has introduced an innovative financial instrument to help China internationalize its currency, issuing the first renminbi-denominated note under its global discount note progra
Greenwich Research survey suggests Deutsche Bank strengthening European corporate banking lead
by Kylene Casanova
The results of the Greenwich Associates conducted interviews with 3,125 financial officers (e.g., CFOs, finance directors and treasurers) at corporations and financial institutions with sales in excess of 500 millio
AFP’s 2013 Risk Survey: Found increasing uncertainty in risk management
by Kylene Casanova
AFP's annual risk survey of 327 senior finance and treasury professionalsin November 2012 found that developing a sustainable competitive advantage in an increasingly uncertain environment is the
Deutsche Bank and General Electric in Japan have developed a unique solution to streamline multi-ban
by Kylene Casanova
Deutsche Bank today announced that it has jointly developed and implemented a unique cash management solution with General Electric's Treasury team in Japan. They have customised NTT
To be the best corporate treasury department: monthly boot camp process reviews are essential
by Kylene Casanova
Patricia Greenfield, Treasury Operations Manager, at AstraZeneca the global pharmaceutical company, is a lovely, kind lady, but she has zero tolerance for manual creep, use of spreadsheets, and
EBS, ICAP’s electronic FX business, has launched two new products on EBS Market, its flagship anonym
by Kylene Casanova
The first trade in EUR/USD was executed by a major Indian private sector bank on the EBS Market on January 24 and spot USD/INR (US dollar/Indian rupee) is now available for onshore bank customers to trade.
Global March of Renmibi continues: Citi implements new Renminbi Multi-Currency Notional Pooling Solu
by Kylene Casanova
Citi has added the renminbi (RMB) to its Multi-Currency Notional Pooling service in London.
SWIFT sets higher standards for service bureaux
by Kylene Casanova
Service bureaux play a key role for the SWIFT community and connect a large number of SWIFT customers with their counterparties. The new Shared Infrastructure Programme (SIP) is launched in response to requests from
The vital opportunities in Mobile payments shown by Barclays’ Mike Walters in his Tour de Force revi
by Kylene Casanova
The presentation by Barclays Head of UK Corporate Payments, Mike Walters, at the Association of Corporate Treasurers Cash Management conference on 13-14 February was an important review
How much is the complexity in Europe’s payment card Interchange structures costing your organisation
by Kylene Casanova
Card interchange charges - the proportion of the merchant service charge that is passed on to the card issuer - in the VISA and MasterCard card schemes has always been costly for the merchant, sometimes as much as 2
Short-term Investment Strategies to Manage Financial Risk
by Kylene Casanova
Short-term investment is any period up to one year. It covers:
Eliminating invoice exceptions is one of the most effective ways for Accounts Payable to cut costs
by Kylene Casanova
OB10, the e-Invoicing network, and sharedserviceslink.com, have carried out a survey of 200 accounts receivable professionals which found that 85% agree that eliminating exceptions would be one of the most effective
Euro Area Bank Lending Survey for Q4 2012 shows widening bank margins which spells trouble for corpo
by Kylene Casanova
According to the ECB Euro Area Bank Lending Survey for Q4 2012 average margins for Enterprises have widened 23% while the tightening of collateral requirements was stable.