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…
Read moreby Kylene Casanova
MasterCard pays out $61 million to settle with UK’s Tesco and suits from many other retailers to follow plus interchange fee caps are set to come into force by year end
by Kylene Casanova
Steve Pulley, Global MD of Org ID at Thomson Reuters, describes dynamics of KYC, how corporates will be able to ask their banks to go to chosen provider to receive their KYC information, and future of KYC services
by Kylene Casanova
The European Commission has started a consultation period to find out how the Capital Requirements Directive is affecting businesses and other areas of the economy.
by Kylene Casanova
A survey of corporate treasurers and CFOs has found that risk management is the number one priority for financial professionals.
by Kylene Casanova
The Basel Committee has published reports on India and South Africa, evaluating the consistency and completeness of their implementation of the Basel III standards.
by Kylene Casanova
Even major investment firms - Stifel Nicolaus and BlackRock - are signing up for Thomson Reuters Org ID Know Your Customer Managed Service
by Kylene Casanova
The EBA has set out clear circumstances that determine whether a financial institution can be considered to be ‘failing or likely to fail'.
by Kylene Casanova
Extends understanding of bank fees and relationships. Today corporates can expect TMS to include bank fee analysis
by Kylene Casanova
Banks are exchanging KYC data via service world-wide
by Kylene Casanova
New industry initiative for financial market participants to standardize/centralize collection and distribution of client entity information. It’s KYC, FATCA & much more. Corporates will need to participate
by Kylene Casanova
AFP asked their corporate treasurers whether there is a business case, as they believe that many U.S. companies currently do not have much incentive to adopt the ISO 20022 standard
by Kylene Casanova
Basel III imposes major new requirements for bank balance sheets that will have a significant effect on the cost and availability of credit and treasury services
by Kylene Casanova
First and only KYC service to successfully complete ISAE 3000 type 1 audit on the design suitability of its internal controls tied to transparency and the quality of its KYC managed services
by Kylene Casanova
New industry-owned utility provides secure exchange of KYC information, supporting transparency and compliance
by Kylene Casanova
Eight banks have 30+ corporate users and one has 325+, RBS went live in 2014, and as gradual, but positive, progress continues, and initiative to cover harmonization & new instruments starts
by Kylene Casanova
The power and dangers of over-dependence on any one bank or supplier are clear, but full independence is impossible. Here are some strategies and methodologies to minimise the dangers
by Kylene Casanova
Possible breakthrough for Bank Billing Standardisation, but will require corporates insisting that they will move their business unless their bank use the BSB and AFP global services codes
by Kylene Casanova
AFP conference reveals the stresses and strains as eBAM develops and usage grows
by Kylene Casanova
Extends Reval services that help corporate treasury department save time and cut bank costs
by Kylene Casanova
ECR product offering allows Citi clients to earn credit in respect of implied interest on their positive cash balances held with Citi in London
by Kylene Casanova
Reduces paperwork by 75%: Replaces old system of 38 documents (86 pages) and 70 signatures with a single interactive form for opening accounts, setting up online banking and payments
by Kylene Casanova
Global march of AFP bank service codes continues, very slowly
by Kylene Casanova
BCBS requires full implementation by start 2017. Are you prepared for the new intra-day liquidity charges, and the windows for making and receiving payments
by Kylene Casanova
Bank Service Billing Standards are rolling out world-wide
