PayFi, The Clearing House partner on US real-time payments
by Graham Buck
The partnership promises to bring real-time payment capabilities to community banks across America.
Cash & Liquidity Management
Background
Effective liquidity management is as much an art as a science. The main objectives of cash and liquidity management are to free up all the company's cash whilst minimising processing costs, to…
Read moreNetherlands central bank concerned by financial stability threats
by Graham Buck
The prolonged era of low interest rates offers little incentive for reducing debt loads, warns De Nederlandsche Bank (DNB).
Mastercard launches Open Banking Solutions suite
by Graham Buck
The four applications and services, initially focusing on the UK and Poland, aim to support the growth of open banking across Europe.
Moody’s supports new liquidity requirement for India’s non-banks
by Graham Buck
The new LCR, to be phased in from April 2020, is among a number of measures introduced since the demise of a major lender last autumn.
Trump tax breaks ‘saved US corporations US$91bn’ in 2018
by Graham Buck
The Tax Cuts and Jobs Act passed in late 2017 cut the rate of corporate tax from 35% to 21%, but many companies reduced it further.
Credit Suisse pioneers first in Singapore dollar bond market
by Graham Buck
CS’s first Singapore dollar-denominated AT1 perpetual bond is hailed as a new source of bank funding that diversifies the investor base
Visa chief downplays banks’ push for real-time payments
by Graham Buck
Al Kelly says he is unconvinced real-time payments will take off and asks: “Does the consumer really need the funds that much faster?"
Strong customer authentication rules ‘may dent EU internet economy’
by Graham Buck
The new legislation risks making an impact of up to €150bn when it is introduced this September, warns Stripe.
China-Latvia e-commerce hub launches in Riga
by Graham Buck
A ceremony at the Baltic Container Terminal in Latvia's capital marked the new China (Ningbo)-Latvia Cross-border E-commerce Hub.
India’s RBI issues liquidity management guidelines
by Graham Buck
The country’s central bank is proposing new rules for non-banking finance companies to help them deal with severe liquidity problems.
Taiwan completes its first sustainability-linked loan
by Graham Buck
The three-year loan is the first for an Asian-Pacific IT company to be evaluated using environmental, social and governmental metrics.
Asian Development Bank funds Philippines, India rail projects
by Graham Buck
The ADB will provide funding of up to US$2.75bn in its single largest infrastructure project financing to date.
Chicago Board Options Exchange launches Cboe FX Point
by Graham Buck
Cboe’s institutional FX arm says the electronic foreign exchange trading venue gives institutional investors a range of options.
Moody’s helps US SMEs with cash flow forecasting
by Graham Buck
The credit ratings agency is partnering with the Foundation for Small Business Development to help firms access financial resources.
Kyriba links with JP Morgan on real-time payments
by Graham Buck
The San Diego group is the. first treasury management provider to offer real-time payments in the US to the bank’s corporate customers.
India’s SEBI encourages fintech start-ups
by Graham Buck
The Securities and Exchange Board of India published a raft of proposals to encourage the development of fledgling firms
Hong Kong gives green light to more virtual banks
by Graham Buck
Competition in the banking sector has intensified as the Hong Kong Monetary Authority hands out a batch of new licences.
TreasuryXpress and FXD Capital target idle corporate cash
by Ben Poole
Partnership aims to offer a broader range of counterparties and rates when putting excess cash to work
Calmer FX markets sees fewer US multinationals hedge
by Graham Buck
With currency volatility at a five-year low, more companies are taking the risk of going unhedged.
Nordea extends we.trade blockchain platform to SMEs
by Graham Buck
Nordea is opening up the co-developed platform to smaller businesses after pilot customers used it for the first live trades last July.
China begins trading of defaulted corporate bonds
by Graham Buck
The first completed transactions could see the development of a future junk bond market in the country.
UK investors ‘say corporate bonds overvalued’
by Graham Buck
Nearly three in four gave the verdict, while many consider government bonds to also be overvalued, reports CFA UK.
Chinese corporate defaults on an upward curve
by Graham Buck
This year will be by far the biggest for defaults in China’s $13 trillion bond market, predicts Bloomberg.
Hong Kong chooses Euroclear international ETF structure
by Graham Buck
Hong Kong Exchanges & Clearing is Asia’s first stock market to adopt the ICSD exchange traded funds settlement model in Euroclear Bank.