Richard Raeburn’s, Chairman of the EACT, glum conclusion about the Financial Transaction Tax
by Kylene Casanova
In his blog, Richard Raeburn, Chairman of the European Association of Corporate Teasurers, concludes on the Financial Transaction Tax:
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 moreRBS launches SEPA Accelerator to help clients easily migrate to SEPA Standards
by Kylene Casanova
The Royal Bank of Scotland (RBS) plc today announced the launch of the RBS SEPA Accelerator; a new solution to help clients quickly and cost-effectively migrate to mandatory SEPA standards.
SEPA: the one thing you HAVE TO fix before 1 February 2014 + other developments
by Kylene Casanova
Payroll payments in the new SEPA Credit Transfer XML formats have to work from 1 February 2014. The rest is detail.
Possible Euro break-up: plans on hold while contingency procedures and systems are being kept in pla
by Kylene Casanova
In September 2012 Citi's chief economist put the likelihood of Greece leaving the euro within 18 months at 90%. These concerns on Greece and the Euro zone have lessened, but they have not gone away.
EU’s Financial Transaction Tax (FTT) may mean that your cash-coordination centre will need to reloca
by Kylene Casanova
Corporate treasury is rightly concerned over FTTs. It is not just the looming (in early 2014) EU FTT, there are also proposals to introduce one in the USA. M-Pesa, the mobile payment system in Kenya, has just had on
Greenwich Research survey suggests Deutsche Bank strengthening European corporate banking lead
by Kylene Casanova
The results of the Greenwich Associates conducted interviews with 3,125 financial officers (e.g., CFOs, finance directors and treasurers) at corporations and financial institutions with sales in excess of 500 millio
How much is the complexity in Europe’s payment card Interchange structures costing your organisation
by Kylene Casanova
Card interchange charges - the proportion of the merchant service charge that is passed on to the card issuer - in the VISA and MasterCard card schemes has always been costly for the merchant, sometimes as much as 2
The UK Payments Council ‘The way we pay’ report 2013 suggests beginning of end for debit cards
by Kylene Casanova
The Payment Council's report on the way the UK pays always makes interesting reading. Some of the key findings from the report are:
Faster Payments revolution is UK is being driven by the SMEs. Finance Director: ‘We’ll never use che
by Kylene Casanova
The astonishing growth in Faster Payments (the online payment service for phone, the Internet and other payments) usage in 2012 - 54% by volume and 163 % by value - shows consumers and businesses just love the servi
UK Clearings in 2012: a revolution is occurring with astonishing growth in Faster Payments - 54% by
by Kylene Casanova
The UK Payments Council's clearing statistics for 2012 show that a revolution is happening in the UK payments landscape:
Ten projects you may have forgotten
by Kylene Casanova
Volatile markets and shifting regulations require a dynamic approach to managing the treasury project queue. Treasury Alliance have put together a list of ten projects that may have slipped your list including SEPA
Europe’s CFOs betting on recovery
by Kylene Casanova
The latest quarterly survey of senior finance executives conducted by Duke University's Fuqua School of Business and CFO magazine, working with Tilburg University in Europe.
The end state evolution and centralisation at ABSCIEX
by Kylene Casanova
'Banking on in-house expertise' presentation at Eurofinance 2012
Preparing for the euro crunch: either Greece & other countries exiting the euro, and/or the disi
by Kylene Casanova
The consensus in the many corporate treasurers I know is that the euro will survive, and at least one country will exit the euro. Although there are great differences of opinion about what will happen, ranging from
‘International Cash Management: a practical guide to managing cash flows, liquidity, working capital
by Kylene Casanova
By - van Alphen, de Meijer and Everett
Eurofinance Monaco: Local FX trading solutions to improve cross-currency payments efficiency and pri
by Kylene Casanova
Antti Kyyrö, Financial Markets, Nokia Siemens Networks Treasury, in an simple and important presentation described the range of automated solutions they have adopted for local FX conversions.
UK clearing statistics for August 2012: Faster Payments is growing at 44%/year even in recession and
by Kylene Casanova
The latest clearing statistics from the UK's Payments Council shows major differences in annual growth rates
The German banks will lend even less as government plan to push ahead with Basel III
by Kylene Casanova
The German cabinet has announced its intention to push ahead with Basel III regulations for its financial service providers, despite ongoing concerns about the rules from the country's banks.
Citi Launches Renminbi Cash and Trade Solutions in the UK
by Kylene Casanova
EMEA is the second largest trade partner with China, and the European market has been quick to adopt RMB denominated transactions. (According to the SWIFT RMB Tracker, Europe currently represents 47% of RMB global p
2012 ICM Survey Results: Europe
by Kylene Casanova
The numbers for Europe from the J&W Associates 2012 International Cash Management survey are given below.
Europe’s TARGET 2 in 2011
by Kylene Casanova
TARGET2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem.
J.P. Morgan opens branch in Warsaw
by Kylene Casanova
J.P. Morgan today marked the official opening of its branch in Warsaw, Poland.
Wells Fargo extends integrated global treasury platform to Europe
by Kylene Casanova
As part of its commitment to deliver a single, global treasury channel which provides consistent user experience for US companies doing business abroad Wells Fargo Bank
All you need is ONE account for all currencies
by Kylene Casanova
Danske Bank's new multi-currency account for cash pools allows companies to hold all their currencies at the bank in a single account regardless of the number of currencies.