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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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Bank Relations & KYC

Legacy IT is major challenge for corporate B2B data sharing

by Bija Knowles

Internal organisational complexity, supplier networks and legacy IT systems are some of the major challenges facing corporates in their quest to manage B2B data sharing, says an EBA white paper

Bank Relations & KYC

Treasurers flirt with fintech but place trust in banks

by Bija Knowles

Treasurers and CFOs are increasingly attracted to digital channels and services provided by fintechs – but in a risky economic environment, partner banks still represent reliability and stability

Bank Relations & KYC

Outdated bank tech undermines corporate-bank relationship

by Bija Knowles

The inability of banks to keep up with the digital standards of consumer platforms such as Amazon or Uber is damaging the relationship between banks and their corporate clients

Bank Relations & KYC

Treasury is prime target for cyber-criminals

by Bija Knowles

While most corporate treasurers say their companies are implementing basic security measures, serious gaps in corporate cyber defence remain, according to a report by the EIU

Bank Relations & KYC

HSBC brings Face ID log-in to corporate customers

by Bija Knowles

Log into your corporate mobile banking app with a smile – this is now possible for HSBC corporate customers with an iPhone X, as Face ID is rolled out in 24 countries

Bank Relations & KYC

Five emerging tech trends set to disrupt banking

by Bija Knowles

The banking sector is undergoing profound change due to a number of complex factors, including technology. Here are five emerging trends that will shape the industry in the next three years

Bank Relations & KYC

CFOs take lead in implementing blockchain fintech

by Bija Knowles

Most financial organisations are already adopting blockchain technology or are considering how to do so. And the CFO is often the primary decision-maker for new blockchain-based fintech

Bank Relations & KYC

Banks recover 75% of defaulted corporate loans

by Bija Knowles

A study on corporate loan defaults show that banks can expect to recover 75 per cent of a defaulted loan but often recovery can be zero, according to data from 50+ banks by Global Credit Data

Bank Relations & KYC

Banks to prioritise tech transformation for compliance

by Bija Knowles

The majority – 89 per cent – of compliance executives at financial services institutions said they expect to increase their compliance investments over the next two years