How to achieve order in the chaos of Bank Account Management
by Dan Gill, Senior Director, Redbridge Analytics
SOX, BAM, KYC, AML, CFT, PII, GLBA, OFAC, FBAR, BSA, FATCA
Bank Fees Reconciliation & Negotiation
Background
Analysis of bank charges and fees has always been difficult because banks use different charging structures, and because their charging systems were inefficient and inconsistent. Today banks are…
Read moreHow to solve the mystery of bank billing
by Bridget Meyer, Senior Director, Redbridge Analytics
Why are bills for treasury services so confusing?
Using RegTech for compliance survival
Thomson Reuters team up with Logical Construct to offer visibility of key legal and economic terms and risks hidden within their legal documentation
Accessibility to bank transaction usage and fee information is critical!
by Dan Gill, Senior Director, Redbridge Analytics
Banks need to provide their corporate customers with the industry standard Bank Service Billing (BSB) files to allow visibility into transaction service utilization and cost
Treasury priorities for 2017: forecasting, risk and benchmarking bank service fees
Treasury Strategies has surveyed 450 corporate treasurers on their priorities for 2017. Cash flow forecasting and financial/FX risk management remain at the top of the treasury agenda
Thomson Reuters’s lead in 3rd party KYC grows as acquires Clarient & DTCC’s Avox
Acquisition of two key players to bolster their Know Your Customer (KYC), client reference data and legal entity data capabilities increases pressure on corporates to use third party services
Bank Services Billing standards market adoption growing, but more support needed
Latest BSB Newsletter full of data and ideas - banks offering, BSB vendor services survey
Blockchain could save banks $12 billion a year
2017 is already showing signs of how blockchain will develop and shape financial services in the near future, with trade finance platforms and huge savings for financial institutions
2016 Annual Review - 10 most read posts
Shell’s centralisation journey; Block chain; OpenLink bringing commodity & treasury ERM solutions together; PSD2; and KYC were the most popular items in 2016
2016 Review - July
KYC services expand to include due diligence across all regulations and regions; BEPS; Capital in the supply chain; Brexit; Understanding and minimising the impact on suppliers of extended payment terms
Banks embrace open banking in face of fintech competition
Banks are changing their attitude and approach towards opening banking, with 69 per cent of banks saying that open banking is more of an opportunity than a threat, according to a survey by Temenos.
How will PSD2 change the UK payments landscape?
Banks face a stark choice of accepting the new payments world passively – or proactively developing additional services to retain customers. Do you know how your bank will handle PSD2?
Take control: manage both your bank charges & payments/collections efficiency
Is the BeScord Banking solution the holy grail for corporate treasury departments to take control of their banks and payments/collections?
You are exploiting my data. But whose data is it anyway and will you lose it?
Payment and KYC data are vital for efficiency and control, but there are huge dangers. How are corporates going to protect themselves as banks exploit this data? They cannot just rely on others…..
eBAM the road forward - effective internal & external processes / controls
Dan Gill, bank relationship consultant from USA, explains how to get the most from eBAM and your bank relationships
How to manage your eBAM processes from inside your ERP
The problems and opportunities in the development of optimised e-Bank Account Management covered in Hanse Orga’s webinar
Deutsche Bank Global Transaction Banking choose SWIFT Intraday Liquidity Reporting
Precise intra-day liquidity charging is coming as SWIFT Scope is chosen as the ILR solution for GTB at Deutsche Bank, a global service provider to other financial institutions
KYC services expand to include due diligence across all regulations and regions
kyc.com’s KYC and due diligence service gains traction with more member banks and more corporate users
What is your adoption of Bank Services Billing standards? PLEASE complete survey
BSB standards are vital vital for the efficiency and transparency of corporate-bank relationships. How are you corporates, cash management banks and service providers using them? What else needs to be done?
Basel Committee proposes changes to Basel III framework
The Basel Committee on Banking Supervision has proposed changes to the Basel III framework in a consultative document, Revisions to the Basel III leverage ratio framework.
When will fintech finally lower banking fees?
Much has been said and written about the impact of IT on the financial services industry. Despite talk of efficiencies, there has been little sign of savings being passed on to the customer.
‘One Treasurer’s Wish List’ for the good corporate treasury life
Phil John, EMEA Treasury Director for MARS suggests what banks and corporates have to do to achieve nirvana
Growing Bank Services Billing standards adoption by banks, suppliers & corporates
Newsletter shows that in last year there has been important progress in ISO 20022, TWIST, and AFP Global Service Codes usage and the benefits for corporates of BSB are now clear and growing
Corporates can expect greater global tax reporting from January 2016
Things are about to get a whole lot more complicated in terms of tax and reporting, for both corporates and the institutions they hold accounts with.