CNY, euro direct trading is now live
by Kylene Casanova
No longer have to exchange via the US dollar
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 moreUpdate on Eurofinance International Conference, Budapest 15-17 October 2014
by Kylene Casanova
Full agenda just released; New Treasury Stage in exhibition for 15 minute talks; 5 new companies confirmed to speak, as well as 100+ speakers on ‘How to get the right side of disruptive innovation'
Billentis research shows huge cost savings in adopting e-invoicing: €11+/invoice
by Kylene Casanova
Part I: E-invoicing market penetration is still low, but there are ways to overcome the major challenges
How to cut your payment card collection costs in Europe
by Kylene Casanova
Understand the opportunities opening up as a result of the new cross border acquiring regulations
New EC card regulation: major opportunity for cutting payment card acquiring costs
by Kylene Casanova
No need to wait for two years before new interchange caps of 0.2% debit and 0.3% credit apply? Acquiring market is in disarray about how to handle new rules on Cross Border Acquiring
SEPA 2014 and Beyond: generate new efficiencies and stay engaged in the debate say EPC
by Kylene Casanova
SEPA 2.0 is on the way: new deadline dates, new SEPA rulebooks coming in November 2014, and list of regulation in the pipeline
Ireland: from 19 September 2014 cheques to e-payments switchover by government
by Kylene Casanova
Government departments, local authorities and state agencies will no longer use cheques in their dealings with businesses
What to consider when tackling the European payments landscape
by Kylene Casanova
BAML survey reveals what US corporates feel are the important features in Europe payments market. Considerations also apply globally
Is one bank a/c for Eurozone sensible? Is ultimate: 1 a/c for all currencies possible?
by Kylene Casanova
How many accounts are workable, tax and legally compliant, and cost-effective? It all depends….
RMB/Yuan coverage expanding and Chinese cash management improving
by Kylene Casanova
Swiss & Chinese currency agreement, BAML’s new index, and VW Financial Services securitization
Three steps for making Regulatory Compliance less of a nightmare
by Kylene Casanova
Corporate treasurers also need to push back against the stupidities of the regulations and the banks’ conservative interpretations, NOT just leave it to the associations
UK payment usage pattern continues as cheques decline & Faster Payments still growing fast
by Kylene Casanova
In year to end June 2014 - Cheques: -11%, and Faster Payments speed of growth rate is slowing now +16%(+18% in February 2014), BACS: +2%, CHAPS: +4%
How to avoid having to carryout EMIR and Dodd-Frank double compliance
by Kylene Casanova
Get rid of the region overlap and streamline your bank relationships
Payment systems Europe: SEPA is a ‘done deal’, now focusing on remittance reconciliation, and…
by Kylene Casanova
Italy and direct debiting are main problem left in SEPA, new warning on Bitcoins, new RMB clearing systems, and mobile payments innovation
Citi announces agreement to sell consumer bank in Greece
by Kylene Casanova
But is careful to stress that they will continue to support their institutional and corporate clients
SEPA Migration Action Round Table continues work on fine-tuning SEPA interbank practices
by Kylene Casanova
Updated guidance paper on SEPA Direct Debit exception-handling issued SMART, but no final recommendations until after summer
Penalties for infringements of SEPA regulations
by Kylene Casanova
Accuity’s latest infographic shows the latest position on penalties which range from ‘cease and desist orders’ to up to €500k for non-compliance
New UK Payment Council research shows that cash dominates in UK
by Kylene Casanova
Cash is still used for the majority of transactions in UK (52%)
SIX to launch a Swiss trade repository
by Kylene Casanova
Will be the 7th trade repository in Europe
EMIR reconciliation between trade repositories is still a mess
by Kylene Casanova
ESMA seems to have no plan on how to solve the problem, while EMIR reporting services see increasing business as new corporates join their service and/or rationalise their reporting channel
Releasing working capital is the cheapest source of cash, but how can your bank help?
by Kylene Casanova
Three key questions asked by clients to James Binns, recently appointed Head of Working Capital Advisory EMEA & Germany at Deutsche Bank
EPC launches three-month public consultation on evolution of SCT & SDD Schemes
by Kylene Casanova
All stakeholders are invited to provide feedback by 15 August 2014
Europe’s businesses see no sign of rally, cutting staff to balance late payments
by Kylene Casanova
Europe’s companies write off €360bn in late paid and unpaid debt, large companies are squeezing the smaller
Launch date for MyBank Mandates set for 27th October 2014
by Kylene Casanova
EBA Clearing subsidiary announce successful conclusion of the MyBank SEPA direct debit Mandate Pilot