Feeling abandoned during crisis, US businesses are switching banks
by Ben Poole
Data from Greenwich Associates also shows that for the first time since COVID-19, US businesses are optimistic about the economy.
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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Assessing the post COVID-19 banking industry
by Ben Poole
Banks around the world are being forced to reassess traditional products, strategies and business models.
Oil prices and COVID-19 blamed as ABN Amro retreats to core business
by Ben Poole
The bank has discontinued all trade and commodity finance activities following a €5m net loss in Q2 2020.
Searching for standardisation in KYC
by Ben Poole
The SWIFT KYC Registry was the focus of a recent webinar that included a corporate treasurer on the panel.
BNY Mellon to deliver real-time account validation services to corporates and banks
by Ben Poole
The bank is adding to its digital services through a collaboration with Early Warning Services.
A look at Latin America
by Ben Poole
Digital banking and working capital management are high on the agenda following recent announcements.
Early impact of COVID-19 on European banks revealed
by Ben Poole
Deutsche Bank research shows the European banking sector suffered mild revenue and cost losses, but loan loss provisions spiked.
COVID-19 rapidly reshaping banking and payments behaviours
by Ben Poole
New data from FIS shows 45% of Americans have changed the way they interact with their banks since the coronavirus outbreak.
Digital banking channels embraced by corporates
by Ben Poole
Digital channels, whether for account opening, trade financing or supplier onboarding, are increasingly essential.
Report assesses initial US bank performance in the corona crisis
by Ben Poole
The report from Deutsche Bank Research suggests the current crisis may pose a greater threat to European banks than those in the US.
Ratings agencies assess the COVID-19 impact on European banks and corporates
by Ben Poole
Scope Ratings' outlook on European banks continues to show downside, while Moody's notes importance of industry sector for corporates.
Industry roundup: 20 April 2020
by Ben Poole
News in brief featuring Abu Dhabi Islamic Bank, Taulia, Nice Actimize, and Funding Circle.
Industry roundup: 15 April 2020
by Ben Poole
News in brief for Pega, IOSCO, EPA, Kyckr and Citi.
OneStream Software launches transaction matching solution
by Ben Poole
The solution is designed to accelerate account reconciliations and financial close.
The critical role of bank treasuries in the COVID-19 crisis
by Ben Poole
An Oliver Wyman report shows the role of bank treasuries in transmitting government and central bank policy to society.
COVID-19 halts Nationwide’s plans to enter the business banking market
by Ben Poole
The building society will be handing back the £50m RBS bail out fund grant it had received.
How to minimize bank fees & maximize operational efficiency
by Jack Large
Strategic Treasurer shows how
Businesses abandoning banking services over slow due diligence processes
by Ben Poole
Could blockchain offer an answer?
The road to true digital bank
by Ben Poole
A report from Forbis Group explores what a truly digital bank looks like, and what that means for institutions and customers.
Standard Chartered reshuffles banking units
by Ben Poole
The bank has created a Financing and Securities Services unit by combining Securities Services with Portfolio Risk Management.
Corporate and investment banks must reinvent themselves
by Ben Poole
A Boston Consulting Group report suggests banks must overhaul business and operating models in order to remain viable.
Monzo introduces business accounts
by Ben Poole
The Pro and Lite versions are designed for limited companies and sole traders.
Barclays research highlights lack of banking industry alignment on key issues.
by Ben Poole
More than two-thirds of businesses identify collaborating and partnering with fintechs as the preferred approach for traditional banks
COVID-19 impacts on European banks
by Ben Poole
A report from Scope Ratings says that pre-existing financial health matters as European banks await the economic impact from the virus.