One in 10 card transactions in UK in October 2015 were contactless
by Kylene Casanova
Contactless usage accelerating: risen from 3.7% in October 2014
Cash & Liquidity Mngm in Europe
Background
Banks and other suppliers in Europe offer some of the most advanced cross-border liquidity management solutions available today. There are now several locations in Europe for managing global…
Read moreDeutsche Bank Global Transaction Banking maintain their global network coverage
by Kylene Casanova
Deutsche's 'Strategic 2020 Review' impact: only fully exiting Argentina as they rationalise cash management network, whilst increasing their commitment to global transaction banking services business
European governments keep e-invoicing adoption moving as EU develops plan
by Kylene Casanova
Switzerland: partial e-invoicing obligation begins for suppliers to Swiss Federal Administration
Virtual a/cs: Santander live with Cashfac’s cash management & client money solutions
by Kylene Casanova
Cashfac virtual account technology to be used to power Santander services for corporate and commercial banking clients as the use of virtual accounts in effective cash management solutions accelerates
UK consumer payments in 2024 dominated by debit cards & demise of credit cards
by Kylene Casanova
Cash set to decline to 33% of all transactions, debit cards take 42%, credit cards 8% as card payment volumes increase by 66% and online/phone (Faster Payments) volumes more than double
‘EMIR - a work in progress’ with a brighter future
by Kylene Casanova
Misys’s Neil Macro assesses the progress of EMIR reporting so far - the problems and the opportunities, the possible decline of bank delegated reporting, and how plan to cover global multi-jurisdiction reporting
Ireland boosts financial hub status with new fintech and payments body
by Kylene Casanova
An industry association has been set up to provide a single voice for Ireland's emerging fintech and payments markets and to establish the country as an international financial services hub.
Barclays first UK bank to offer corporate clients high-tech backup connectivity
by Kylene Casanova
Barclays partners with AccessPay to offer corporates backup channel to support the complexities of global, regional and domestic payment and cash management
Citi selected by Shell as its sole provider of cash management services in Europe
by Kylene Casanova
RBS replaced as Citi claim that new mandate cements their position as THE leading provider for multinational clients seeking full scale regional cash management solutions across Europe
‘The Future of Payments’ - How payments in the UK will evolve in the coming years
by Kylene Casanova
Consult Hyperion report highlights importance of mobile payments and contactless, how Bitcoin will NOT have a significant role in the UK, AND how extra information/payment is vital
UK increases lead in global FX trading while global turnover falls
by Kylene Casanova
TheCityUK estimate that UK increased its share of global FX trading in April 2015 to 43.1% – up 1.7% compared to six months ago, and just short of its record of 43.2% twelve months ago
ESMA publishes four reports focused on how EMIR framework has been functioning
by Kylene Casanova
European Securities and Markets Authority (ESMA) has published four reports focused on EMIR plus providing input and recommendations to the European Commission’s EMIR Review
Pan-European smart collection via Sentenial’s Nuapay opens up new efficiencies
by Kylene Casanova
Multi-country direct debiting made easy with fully mandate management and fully automated reconciliation across multiple ledgers
RBS announces BNP Paribas as referral bank for GTS customers
by Kylene Casanova
Exiting cash management services is being handled carefully and is opening up new opportunities for other banks
How will corporate treasurers prepare for Grexit?
by Kylene Casanova
The ACT and Deloitte provide a list of actions for corporate treasurers to consider in the event of Greece defaulting on its debt or exiting the euro.
BofA Merrill is exiting the Managed Treasury and Liquidity Services business
by Kylene Casanova
As the last bank leaves the agency treasury outsourcing business to focus on other areas of the transaction banking business, supplier dependency issues and operational risk move centre stage
Apple Pay is coming to the UK, but it is not necessarily good news for retailers
by Kylene Casanova
Higher security and faster transactions could increase your costs
ING and Equens launch first digital direct debit mandate
by Kylene Casanova
New efficient alternative to existing mandate services
French Finance Minister to scrap minimum card payments limit
by Kylene Casanova
Only advalorum rate will remain and plans a new independent price comparison site for banking fees
UK: cash overtaken by ‘non-cash’ payments in 2014 for first time
by Kylene Casanova
Although cash is still king for consumers, forecast is that even this will drop below 50% next year. By 2024 UK Payment Council expect total cash transactions to be half of non-cash
What’s the future shape of payments in Europe?
by Kylene Casanova
A poll on the EPC website is asking people to vote on what will trigger the next of innovation in the European payments market.
What does the EC’s Digital Single Market Strategy mean for business?
by Kylene Casanova
The European Commission (EC) has unveiled detailed plans to create a Digital Single Market, saying “Europe must embrace the digital revolution and open up digital opportunities for people and businesses.”
Future of Cash concerns: bank ring fencing, new Europe MMF regs, deposit charges
by Kylene Casanova
Treasury Strategies ‘Cash Briefing’: ring fencing dangers; new MMF Europe regs - MIGHT stop rating of funds, the new investment products, timing impossibility; new banking arrangements needed
New 2014 Irish Companies act makes Ireland probably best location to incorporate
by Kylene Casanova
Company Formations International report that new act introduces attractive innovations which make the formation and maintenance of corporate entities in Ireland far more streamlined and cost effective