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
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.
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:
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
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.
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
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
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.
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
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
by Kylene Casanova
Most corporate treasuries have set up their regional corporate treasury departments in Asia-Pacific in either Hong Kong or Singapore. China is now aiming to change this as it tries to upgrade its
by Kylene Casanova
Developing and retaining talent is a challenge for any treasury department. Even though the U.S. job market is still struggling, an individual with the right combination of education and experience can
by Kylene Casanova
SEPA Direct Debit mandate administration is a huge problem in moving from the legacy national direct debit schemes. There is a growing number of DD mandate management systems and services
by Kylene Casanova
The Financial Services Club meets in the London once a month to listen to interesting characters and personalities in the financial services business.
by Kylene Casanova
Atradius Group, which provides trade credit insurance, surety and collections services worldwide, carryout an annual Payments Practices Barometer survey in Asia-Pacific region. The 2012 survey of
by Kylene Casanova
Citi has extended its Common Depository services to Asia Pacific following the appointment by Euroclear Bank and Clearstream, the International Securities Depositories (ICSDs), to provide sub-
by Kylene Casanova
Immediate payment systems make payments within a few second which are cleared the same day, and mostly operate 23/7or 24/7. They are being launched world-wide to support retail e-commerce. Not only, consumers are us
by Kylene Casanova
SWIFT, today announced that the Real Time Gross Settlement (RTGS) systems have gone live on SWIFTNet in Macau and Taiwan.
by Kylene Casanova
HSBC has implemented a renminbi (RMB) cross-border payments and collections solution for a Fortune 500 company in China. It provides a centralised approach to cash management by enabling
by Kylene Casanova
At the Eurofinance Conference in Frankfurt on 18 March senior managers at the ECB and the European Payments Council repeated that the EU is determined that the February 2014 launch date will
by Kylene Casanova
OB10 are pushing hard to provide fully integrated services across Europe. They are setting up interoperability partnerships and adopting the new standards.
by Kylene Casanova
These are: account receivables and payables files: make sure all bank codes are converted to up-to-date BICs (Bank Identity Codes) and the bank account numbers are converted to up-to-date
by Kylene Casanova
The International Chamber of Commerce's new Bank Payment Obligation best practice standard may mark a new era in Financial Supply Chain. SWIFT and Bottomline Technologies claim that it
by Kylene Casanova
A new report by Greenwich Associates claims that Basel III bank capital adequacy requirements are poised to increase pricing on trade finance. Greenwich suggests that this could accelerate the
