by Kylene Casanova
The survey of 300 businesses in France, Germany and the UK conducted by Edgar Dunn Company on behalf of Steria, found that almost 70% of European businesses are aware of Sepa in general, and more than 80% of busines
by Kylene Casanova
Deutsche Bank and GE Aero Energy, a General Electric Company business that manufactures gas turbines and other power equipment, have announced their collaboration to introduce new risk management and working capital
by Kylene Casanova
Fraud in payment systems is growing inexorably. Although, fraud as a percentage of the total value of payments processed may be dropping but globally, gross overall fraud is growing. Two recent developments in fraud
by Kylene Casanova
Incitec Pivot's treasury group has gone live with Broadridge's automated solution to receive confirmation messages relating to foreign exchange (FX), money market, commodities and hedging transactions from its agent
by Kylene Casanova
HSBC Global Payments and Cash Management have launched a new automatic reconciliation solution for fast moving consumer goods (FMCG) clients in Asia. The new solution, which is part of the integrated receivables sol
by Kylene Casanova
Citi, through its transaction services unit, is launching a commercial card offering in Kuwait to its local large corporate and multinational clients. With Kuwait added to the list of issuing countries, Citi Commerc
by Kylene Casanova
The problem with Business-to-Business (B2B) payments is that to achieve full automation and STP there needs to be general ledger (GL) to GL integration plus much more information about the order, invoice and receipt
by Kylene Casanova
The annual FX market turnover is some $4 trillion per day (Bank for International Settlements) and FX has been one of the largest sources of bank trading profits for many years. Yet it is all too easy to accept the
by Kylene Casanova
SunGard survey into the corporate treasury professionals' changing attitudes toward cash investments driven by economic, regulatory and risk concerns, following a similar survey in 2011, revealed considerable change
by Kylene Casanova
FINCAD, a provider of OTC derivatives solutions, have announced the latest release of its cross-asset derivatives analytics library, FINCAD Analytics Suite 2013. This new version includes market consistent FX option
by Kylene Casanova
The recent Retail Bank Research report on the merchant points accepting cards showed that there are 31 million card accepting outlets world-wide. Visa and MasterCard cards are accepted at over 27 million outlets, fa
by Kylene Casanova
Companies world-wide are wasting millions each year through the inefficient use of working capital. An effective total working capital programme requires the involvement of the whole company. The Volvo Group 'Cash f
by Kylene Casanova
The trend to integrated business processes continues. OB10, a leading e-Invoicing network, today announced a strategic partnership with Infosys BPO, the business process outsourcing subsidiary of Infosys Limited. Th
by Kylene Casanova
Demica, a provider of specialised working capital solutions, in their latest Research Report - issue no. 17 - based on input from a number of top European banks and building on their models already applied at the lo
by Kylene Casanova
BELLIN provides a two layer technology within their tm5 system. The front layer is the treasury management system(TMS). Whenever a payment is entered and approved in the system, tm5 transfers the information to the
by Kylene Casanova
Standard Chartered Bank (China) Limited first foreign bank for a RMB denominated loan quota
by Kylene Casanova
Although there has been a move to other currencies in the past 10 years, much of the Asia-Pacific's trade, including intra-regional flows, is still invoiced, and settled in USD. And some are settled in EUR.
by Kylene Casanova
Centralizing and standardising payroll payments is not easy, legislation in most countries requires payments to be made from a local bank account and also many companies use a payroll processor to manage and adminis
by Kylene Casanova
Symantec, the US-based security software developer, has unveiled five most important security issues they expect to appear in 2013:
by Kylene Casanova
n his excellent article in WIRED (http://www.wired.com/gadgetlab/2012/11/ff-mat-honan-password-hacker/), Mat Honan described how his digital life was deleted by hackers who used his Apple account to wipe every one o
by Kylene Casanova
RTS Realtime Systems Group (RTS), a global trading solutions provider, and Squared Financial Services Limited, a broker offering ECN-style trading across a broad mix of liquidity pools, announced today that they had
by Kylene Casanova
Data leakage risk is a significant issue for consumers, companies and governments alike. According to the 2011 Global Cost of Data Breach Study1, costs of data breaches vary depending upon the type of data breach an
by Kylene Casanova
Cambridge Mercantile Group, a global payment services' provider with offices world-wide, have launched a new platform, Automated Payables Solutions (APS), which will help corporations move from cheques to electronic
by Kylene Casanova
EBA Clearing, a major Pan-European payment infrastructure solutions provider, has introduced new optional services on the STEP2 platform to meet the requirements of its users for the single euro payments area (SEPA)
