Increasing number of corporate treasurers (and banks) believe the start date for SEPA direct debits
by Kylene Casanova
The graph on SEPA Direct Debits says it all:
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The best way to manage Repos
by Kylene Casanova
In the 'Investing in Repos' session at the ACT's Cash Management conference last week, Repos were described as maximising the return from an under utilized asset. Repos typically need to be £10m or more in either US
There are now four RMB clearing banks outside of China
by Kylene Casanova
This month China's central bank, the People's Bank of China (PBoC), appointed two additional banks – the Industrial and Commercial Bank of China in Singapore (ICBC Singapore) and Bank of China in Taiwan (BoC Taiwan)
Global cash pooling and sweeping tips and insights from ACT’s Cash Management Conference panel discu
by Kylene Casanova
At the Association of Corporate Treasurers Cash Management in London last week a panel made up of Maurice Cleaves - Barclays, Ian Armstrong - AMEC, Angela Clark - Misys, and Paul Outridge - De La Rue and the audienc
Cybercrime wave gathers force. Increases need for corporate treasury security and controls
by Kylene Casanova
Cybercrime is big business. It is costing consumers $110bn a year and affects almost 1.5m people a day, Symantec, the online security group, reported last year. Bank accounts are being compromised; credit card detai
The UK Payments Council ‘The way we pay’ report 2013 suggests beginning of end for debit cards
by Kylene Casanova
The Payment Council's report on the way the UK pays always makes interesting reading. Some of the key findings from the report are:
Corporate treasury systems and service developers: sophisticated simplicity is what corporate treasu
by Kylene Casanova
This is from a blog called Tech.pions by Ben Bajarin, Principal Analyst at Creative Strategies, Inc. He's writing about Apple's iOS (operating system) for the iPhone and the iPad. But it also applies to corporate tr
Citi sees surge in offshore Renminbi-related activities in Singapore
by Kylene Casanova
Since the People's Bank of China (PBC) introduced the renminbi (RMB) cross-border initiative in July 2009 to promote the internationalisation of RMB, the number of activities in Singapore for offshore RMB solutions
Key cash flow forecasting tips and examples from the ACT Cash Management conference
by Kylene Casanova
At the Association of Corporate Treasurers cash management conference last week cash flow forecasting was mentioned in many different presentations. There was general agreement that corporate treasury has become muc
Security concerns in Middle East trade increase demand for LCs and credit insurance
by Kylene Casanova
Companies in the Middle East are looking for maximum security in trade transactions after being doubly hit by the financial crisis and the Arab Spring. Middle East companies and banks are being extremely cautious wh
AP eInvoicing: Top 5 Differences Latam vs Europe
by Kylene Casanova
Steve Sprague, VP Product Strategy, Invoiceware International, one of the leading e-invoicing networks with 200 global enterprises, in his blog on Finextra described the key difference between Latam and Europe.
How China has simplified IPO proceeds repatriation
by Kylene Casanova
China's forex regulators issued a new guideline on January 28 simplifying repatriation of IPO
The definition of your organization’s risk appetite needs to be carried out by management and then a
by Kylene Casanova
Many organizations define risk as something to avoid. Playing the safest game possible has its merits, but a healthy, detailed definition of your organization's appetite for risk is critical to success in business.
SWIFT appoints Broadridge as business partner in Europe covering several services including Alliance
by Kylene Casanova
US financial servicing company Broadridge Financial Solutions has been appointed by global banking co-operative SWIFT as a business partner for Germany, Switzerland, Austria, the Czech Republic, Slovakia and Liechte
Digital currency starts to be used in real world: Bitcoins can now be used in USA to pay for Domino’
by Kylene Casanova
Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world.
Citi implements the new corporate-to-bank Swift trade MT 798 message standard which will simplify mu
by Kylene Casanova
Citi now supports multinational corporate clients in their trade flows using the new Corporate-to-Bank SWIFT Message Type (MT) 798. The MT 798 enables clients to generate trade flow communications with any SWIFT MT7
The real reason to use XML 20022 message standards: you only have to re-map once more, then never ag
by Kylene Casanova
Citi's announcement that they are now processing 1 million XML transaction each month is an important illustration of the speed at which XML usage is growing. Cit's million/month is made up of payment messages - a m
Canada Pulls the Plug on the Penny
by Kylene Casanova
The Canadian Mint has now ceased distributing pennies to financial institutions and the circulation of the currency will begin to decline. The transition data was announced in July 2012 after consultations with smal
EU derivatives rules will come into effect in mid-March
by Kylene Casanova
The European Parliament, meeting in Strasbourg, France, has decided not to pursue a resolution which, if passed, would have forced yet more delays in the EU's long-awaited post-crash centralised derivatives clearing
Some commonsense on the use of Cashflow at Risk models
by Kylene Casanova
John Grout at the UK's Association of Corporate Treasurers gave some important perspectives on non financial corporates using Cashflow at Risk in his piece on the ACT web-site:
UK: B2C e-commerce sales hit GBP 77.35 bn in 2012 and are the highest spend per person followed by A
by Kylene Casanova
The UK is one of the strongest digital commerce markets in the world, as in 2012, B2C e-commerce sales in the country have increased 14.4 percent to GBP 77.35 billion, up from GBP 67.60 billion in the previous year,
Misys expands FX Client Clearing Partnership with MarkitSERV
by Kylene Casanova
MarkitSERV, the most widely-used electronic trade processing service for over-the counter (OTC) derivative transactions and Misys, the global leader in treasury and capital markets solutions, today announced they ha
Top four emerging trends in Financial Risk Management
by Kylene Casanova
The November 2012 article in Treasury & Risk highlighted the increasing focus on risk by boards and the expectations that corporate treasury department have a major role to play. Indeed they suggest that the most pr
JFX launches a rebate program for its FX clients
by Kylene Casanova
JFX, the online forex trading specialist, has launched a rebate program allowing clients to receive money whenever they place trades. Each month, clients receive a pleasant addition into their trading account which