Pandemic boosted digital payments, says World Bank: Industry roundup: 30 June
by Graham Buck
China seeks longer yuan trading hours; Diageo, Michelin join Russia exodus; Celent on ISO20022 speed bumps; Tencent joins the metaverse
Bank Relations & KYC
Background
Bank relationships are vital. Bank Relationship Management (BRM) is a major task in any corporate treasury department and covers many other staff around the company. Often large companies use hundreds…
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BIS cautions on higher interest rate fallout – Industry roundup: 28 June
by Graham Buck
KPMG launches metaverse platform for staff, Liquidity boost for Saudi banks, Forex hedging costs hit Korea insurers, Suncorp mulls sale of banking arm
$200 billion investment on world infrastructure – Industry roundup: 27 June
by Monica Zangerle , Writer, CTMfile
Mars profits, OCC discussions on cryptocurrency, NYDIG, renminbi liquidity plan, Russia default by sanctions.
BRICS countries keen to develop own payment systems – Industry roundup: 23 June
by Graham Buck
Strong dollar sees US firms review hedging, India's RPI supports rupee, Wise offers ‘Accept my IBAN’ campaign, Deutsche Bank CEO fears recession.
Yellen confident of global unity on corporate tax – Industry roundup: 21 June
by Graham Buck
India to scale-up SWIFT alternative; UK plans buy-now-pay-later rules; Bangladesh considers CBDCs; EU standards for green bonds queried
$900 million blunder could worsen – Industry roundup: 17 June
by CTMfile
Citigroup's payment error to Revlon Inc. lenders surfaced in the cosmetics giant's bankruptcy in less than a day.
ISO 20022: preparing for staggered implementation – Industry roundup: 16 June
by Graham Buck
Bank of England hikes rates by 0.25%; DHL sees continuing supply chain problems; Crypto concerns hit Three Arrow Capital; Cyber insurers hike rates
Binance temporarily pauses Bitcoin withdrawals – Industry roundup: 14 June
by Graham Buck
Jamaica moves ahead with CBDC; UK trade finance bank launches; Standard Chartered extends China range; Modulr-Ripple extends partnership to Remessa
European Central Bank rate hikes – Industry roundup: 10 June
by CTMfile
Apple bypasses banks, Credit Suisse, Kushki, raises $100 million, Pay by link.
US regulatory progress for crypto – Industry roundup: 9 June
by Graham Buck
US Treasury ban on Russian debt; Bridgewater bearish on corporate bonds; Citi adds to Asia and tech teams; Reserve Bank of Australia rate hike
Widening sanctions hit Russia’s debt servicing – Industry roundup: 7 June
by Graham Buck
India buys more cheap Russian oil; we.trade platform faces insolvency; Singapore Trade Data Exchange launches; Crypto advances in Dubai
Limits seen to RMB internationalisation – Industry roundup: 2 June
by Graham Buck
Russia central bank rumblings; Deutsche Bank's DWS in greenwash probe; QT era underway in the US; India set for 7.5% GDP growth
Innovation to combat money laundering – Industry roundup: 31 May
by CTMfile
cybersecurity risks, instant payment collection solution, Effective anti-money laundering techniques, AI Innovation to combat money laundering.
Compliance: Leading practices in corporate treasury - TREASURY NEWS - OpenTreasury Podcast #35
by CTMfile
Having a compliance-oriented mindset is considered critical to corporate treasury because it now has to wade through a continual stream of regulations
Hopes for supply chains as Shanghai reopens – Industry roundup: 30 May
by Graham Buck
HK finance chief defends security law; Crypto progress in Paraguay; Russia curbs on Intesa Sanpaolo and UniCredit; India plans graded approach on CBDC
Glencore will pay US$1.5bn to settle bribery charges – Industry roundup: 26 May
by Graham Buck
Federal Reserve delay for ISO 20022; Citi mulls DB Mexico purchase; BNP Paribas joins Onyx blockchain; The WFE assesses circuit breakers
Cryptocurrencies pose a risk to financial stability – Industry roundup: 25 May
by CTMfile
Germany to facilitate easier crypto investments, Crypto markets may pose risks to overall economic stability, MoneySwitch and partnerships,
Important considerations for treasury compliance: Leading practices part 10
by Pushpendra Mehta , Executive Writer, CTMfile
Dealing with a flurry of shifting regulations brings with it compliance risks and challenges that exceed anything experienced by corporate treasury
Biden unveils Indo-Pacific Economic Framework – Industry roundup: 24 May
by Graham Buck
ESG meets growing resistance; Warning on supply chain workers; Austria to make EU green bonds debut; Singapore jobs boost
Cross-border payments using cryptocurrencies – Industry roundup: 23 May
by CTMfile
SWIFT conducts CBDC-related tests on cross-border payments using cryptocurrencies, Cyprus designs a compelling crypto framework despite crypto state
Reputational risk - TREASURY NEWS - OpenTreasury Podcast #33
by CTMfile
Is reputational risk considered before every business move? Listen in to this week’s treasury news and developments on the Open Treasury podcast.
Another stablecoin loses dollar peg – Industry roundup: 19 May
by Graham Buck
Tesla ejected from S&P's ESG index; South Africa warms to digital rand; PGIM mounts case against crypto; EU's €300bn bid to avoid Russian gas
No more credit cards, pay with your smile – Industry roundup: 18 May
by CTMfile
Fastest growing fintech, Synergistic collaboration, 5 partnerships with DBS, $100 million risk-sharing facility, biometric facial recognition.
McDonald’s makes its Russia exit final – Industry roundup: 17 May
by Graham Buck
El Salvador hosts crypto convention; Carbonplace and Visa form partnership; Absa Bank smartcard for Kenya's doctors; Contour and TradeLens eBLs link