Industry roundup: 7 October
by Graham Buck
News in brief featuring NatWest's AML lapse and BNY Mellon joins Marco Polo network
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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Digital transformation remains core agenda for Asian companies
by Ben Poole
A DBS survey finds most corporates have a digital transformation strategy but many are still developing and implementing digital strategies.
Top trade finance banks in Europe and Asia make a splash
by Ben Poole
Coalition Greenwich's 2021 Share and Quality Leaders research reveals which banks best supported large corporates during COVID-19.
Trade finance trends in a post-pandemic world
by Ben Poole
BofA's Baris Kalay discusses how areas such as working capital management and supply chain resilience have come to the fore this year.
New APIs to aid cash management decision-making
by Ben Poole
The new APIs from Afinis Interoperability Standards aim to help corporates better access detailed financial data across banking platforms.
Creating the digital CFO
by Ben Poole
BlackLine and Kyriba have partnered on a joint solution that accelerates bank connectivity, AR automation and financial close management.
Santander boosts support for Spain-UK corridor businesses
by Ben Poole
The bank's agreement with the UK Department for International Trade aims to support trade between the two European countries.
Banking as a Service set to impact financial services in next 12 months
by Ben Poole
Finastra survey finds 85% of global financial institutions believe BaaS will make an impact over the next year.
Singapore sees first USD SOFR-linked export financing transaction
by Ben Poole
DBS completed the US$25m transaction with global agri-business Bunge.
Goldman Sachs expands transaction banking to the UK
by Ben Poole
One year on from launching in the US, the treasury and cash management service opens in a new market.
Mastercard: UK and Nordics lead Open Banking in Europe
by Ben Poole
They are best placed to make the most of open banking thanks to a high number of open banking APIs, progressive regulators, and consumer readiness.
Corporate bank data needs revealed
by Ben Poole
Research by Celent surveying global corporates highlights which bank data services companies are willing to pay for.
Bitcoin in your bank account?
by Ben Poole
FIS solution for banks will enable corporate clients to buy, sell and hold bitcoin.
Transaction banking breakthroughs in the UAE
by Ben Poole
The central bank has partnered with SWIFT to enhance cross-border payments, while Mashreq Bank has implemented Oracle's transaction banking platform.
Innovative payments developments that should be on treasurers’ radars
by Ben Poole
Both Citi and FIS have announced payments-related news that has the potential to make a big impact for corporates.
Lendlease issues second green bond in five months
by Ben Poole
CBA's institutional bank played a role in meeting the increasing demand for sustainable finance.
Making KYC checks easier for corporates
by Ben Poole
KYC checks can be a source of inefficiency for corporates with multiple banking partners. SWIFT’s KYC Registry aims to streamline these processes.
PwC enlists fintechs for digital banking platform
by Ben Poole
The professional services giant has teamed up with 10 UK fintechs to develop a platform that is designed to be embrace the future of banking.
J.P. Morgan integrates SWIFT’s inbound payments tracking service via APIs
by Ben Poole
The bank's customers can use the service to track their incoming payments in real-time from the moment they enter the SWIFT gpi network.
Business innovation on the rise in Australia
by Ben Poole
The latest NAB research survey on business innovation shows how firms are targeting doing things more quickly and cost efficiently.
Bank boardrooms continue to lack technology experience
by Ben Poole
Accenture reveals only 10% of directors at leading banks have professional technology experience, and 1/3 have no board members with tech experience.
Corporate bank priorities shaped by digitisation and fintech collaboration
by Ben Poole
Finastra research outlines the changing focus for corporate banks, away from the traditional ‘relationship builder’ approach of client management.
5 key recommendations for the UK fintech sector
by Ben Poole
The UK's Kalifa Review evaluates the challenges and opportunities faced by the country's fintech sector in light of COVID-19 and Brexit.
Continuous KYC: How to know what is really going on at your suppliers & customers
by Jack Large
AMPLYFI’s deep search really digs the key detail