Digital pound “likely before 2030” – Industry roundup: 7 February
by Graham Buck
Roubini predicts challenge to USD; Volatile dollar raises hedging cost; Australia lifts bank rate to 3.35%; Bond scarcity fears in Europe
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Credit Suisse US $100 billion data breach – Industry roundup: 6 February
by Monica Zangerle , Writer, CTMfile
Visa takes massive leap into cryptocurrencies with stablecoin settlements.
The turnover contagion is real, and the clock is ticking - TREASURY NEWS - OpenTreasury Podcast #74
by Kylene Casanova
Pushpendra Mehta meets with Bob Stark & Craig Jeffery to review the latest treasury news and developments.
Managing currency volatility and uncertainty in 2023
by Pushpendra Mehta , Executive Writer, CTMfile
Treasury will have to ramp up automation efforts and take a holistic approach to currency management to prepare for another challenging year.
Businesses continue to face compliance challenges, with 74% lacking infrastructure and workforce – Industry roundup: 3 February
by Monica Zangerle , Writer, CTMfile
Evident, a UK-based fintech company, develops the first AI Index to monitor banks' adoption progress.
China to expand digital yuan testing – Industry roundup: 2 February
by Graham Buck
UK issues plans to regulate crypto; Gmail creator sees ChatGPT ousting Google; Eurozone and UK hike interest rates; Raiffeisen earns more from Russia
Fed anticipates slow rate increase of 0.25%, remaining steadfast against inflation – Industry roundup: 1 February
by Monica Zangerle , Writer, CTMfile
& Brazil's first Bitcoin and crypto card launches via Binance and Mastercard collaboration.
Eurozone faces recession risk and financial fragmentation
by Pushpendra Mehta , Executive Writer, CTMfile
With interest rates expected to stay at peak levels for some time, the ECB’s aggressive monetary tightening raises the risk of eurozone recession.
Global commodity trading “on cusp of next normal”– Industry roundup: 31 January
by Graham Buck
BP trims outlook for energy demand; Nigeria launches AfriGo card; Stan Chartered to open Philippines services hub; Montenegro teams with Ripple
New data reveals the North West has greatest business confidence in the UK – Industry roundup: 30 January
by Monica Zangerle , Writer, CTMfile
Wise, a UK-based fintech, reaches over 60 global partnerships, exceeding 10 million clients, entering 4 new markets.
Expect a US ‘slowcession’ instead of a recession
by Pushpendra Mehta , Executive Writer, CTMfile
While recession remains a serious threat, easing inflation and strong economic fundamentals point to a more-likely ‘slowcession.’
Incoming payments fraud – losses are mounting - TREASURY NEWS - OpenTreasury Podcast #73
by Kylene Casanova
& Treasurers poised to provide greater strategic value within their organizations.
SAP plans to liquidate its Qualtrics shares and reduce its workforce – Industry roundup: 27 January
by Monica Zangerle , Writer, CTMfile
& Hawk AI, a bank-focused AML and fraud prevention platform, raises US $17 million.
EU seeks tighter rules on bank’s crypto holdings – Industry roundup: 26 January
by Graham Buck
Canada’s 4.50% rate could mark peak; LatAm leaders request more funding; South Korea corporate bond sales dip; HK banks offer sweeteners to staff
Payments strategy: Amazon and Stripe – Industry roundup: 25 January
by Monica Zangerle , Writer, CTMfile
& Cross-border FX payments solution for global clients.
Corporate treasury beware: resignations and layoffs are contagious
by Pushpendra Mehta , Executive Writer, CTMfile
The great resignation and the layoff storm show that turnover contagion is real, but treasurers can use a data-based approach to reduce attrition.
Brazil and Argentina propose shared currency – Industry roundup: 24 January
by Graham Buck
Big banks work on Apple Pay rival; Sweden's rare earths discovery; New use cases for China's digital yuan; Pakistan food group plans IPO
The World Economic Forum debuts the Universal Digital Payments Network – Industry roundup: 23 January
by Monica Zangerle , Writer, CTMfile
& Old National Bank introduces a new division aimed at high-net-worth clients.
Incoming payments fraud – losses are mounting
by Pushpendra Mehta , Executive Writer, CTMfile
Combat the growing menace of incoming payments fraud by adopting digital solutions, identity verification, speed and authentication.
Genesis declares bankruptcy – Industry roundup: 20 January
by Monica Zangerle , Writer, CTMfile
China grants JPMorgan and Standard Chartered permission to broaden operations in the country
Central banks are scooping up gold at the fastest pace in 55 years - TREASURY NEWS - OpenTreasury Podcast #72
by Kylene Casanova
A 22-minute podcast with a discussion of 5 relevant news items!
India may give Visa and Mastercard access to its payments market – Industry roundup: 19 January
by Graham Buck
Bank of America chief promotes ESG; Deutsche Bank's CNY1bn Panda Bond; Saudi J-v targets strategic minerals; Five evolving cybercrime trends
Malaysia’s central bank to raise interest rates to 3% on Thursday – Industry roundup: 18 January
by Monica Zangerle , Writer, CTMfile
ACI uses cutting-edge technology to power its cross-border payments via Wallet Hub and Instant Pay
Treasury technology – what to expect in 2023 - TREASURY NEWS - OpenTreasury Podcast #71
by Kylene Casanova
Reviewing the latest treasury news and developments with Craig, Pushpendra, and Jack.