Industry roundup: 5 April
by Graham Buck
US Treasury tightens Russia squeeze; EU raises €6bn from second green bond; China’s RMB cross-border payments rise; UK plans crypto NFT
Cash & Liquidity Mngm in North America
Background
The NAFTA (North American Free Trade Agreement) area, is made up of - USA, Canada and Mexico, is the world's biggest trading blockt. Also NAFTA is the world's largest free trade area in terms…
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Industry roundup: 15 March
by Graham Buck
Citi broadens Russian exit; Nickel prices soar; Santander launches grain-backed tokens; Jamaica offers CBDC incentive; DCash service restored
Industry roundup: 10 February
by Graham Buck
Russia seeks to regulate crypto; RBI restores India's liquidity framework; Biotechs face cash crunch; UK fintechs' DLT proof of concept
OpenTreasury #14 - Ripple partners with Modulr, China’s digital yuan launched, digital dollar design initiated, and KeyBank launches cloud-first banking solution.
by Kylene Casanova
Ripple & Modulr partner, Chinas digital yuan launched, digital dollar design, KeyBank launces cloud-first banking solution
Industry roundup: 1 February
by Graham Buck
CFOs 'slow to automate'; Indian corporate bond issues shrink; Oman’s OIFC to use Bank Muscat platform; NetSuite expands cash management suite
U.S. banks moving to eliminate the widely unpopular overdraft fees
by Pushpendra Mehta , Executive Writer, CTMfile
Banks will no longer focus on overdraft fees as a lucrative revenue source
US firms still cautious on cash, reports AFP
by Graham Buck
US companies are continuing to steadily accumulate cash, the latest quarterly survey from the Association for Financial Professionals suggests
Goldman Sachs partners with American Express on cash management
by Graham Buck
Goldman Sachs is partnering with American Express in a bid to upgrade its digital cash management offering
US corporates urged to accelerate exit from LIBOR
by Graham Buck
US corporate treasurers and financial institutions are being urged to accelerate their move away from LIBOR
ESG’s increasing visibility in short-term investments
by Ben Poole
BNY Mellon's LiquidityDirect platform has expanded its suite of short-end investment options and added ESG analytics for clients.
Stablecoins in treasury? WonderFi takes the plunge
by Ben Poole
The company's announcement comes as stablecoins are garnering headlines for increasingly catching the eye of regulators.
Managing people effectively tops treasury risk priorities
by Ben Poole
The 2021 AFP Risk Survey also found 47% of those managing risks at their organisations have been propelled into a more strategic role.
Uncertain future prompts US firms to build cash and short-term investments
by Ben Poole
An AFP study finds that though corporates are reporting improved business performance in Q2, they are building up cash and short-term investments.
Currency volatility sees multinationals lose almost US$10bn in Q1
by Ben Poole
Kyriba's Currency Impact Report for Q1 2021 shows North American companies were particularly badly hit with US$5.87bn in negative currency impacts.
Significant increase in US cash holdings attributed to pandemic
by Ben Poole
The 2021 AFP Liquidity Survey finds organisations continue to maintain more than 50% of their short-term investments in bank deposits.
BofA expands digital B2C payment offerings
by Ben Poole
The Pay to Card solution supports US and cross-border transactions via bank cards.
US treasurers cautiously optimistic entering Q2 2021
by Ben Poole
Data from the Association for Financial Professionals shows US firms built cash in Q1 2021 at a significantly lower rate than the previous quarter.
No ‘run’ on prime MMFs when COVID-19 hit
by Ben Poole
ICD data informed the portal provider's comments to the SEC on potential money market fund reform measures.
Transforming accounts payable with Bank of America
by Ben Poole
The bank's Complete AP automated solution integrates with accounting and ERP technology to deliver process enhancements for corporates.
65% of financial professionals blame pandemic for increase in payments fraud
by Ben Poole
The 2021 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan, found business email compromise fraud attempts at 62% of companies.
Global real-time payments surged 41% in 2020
by Ben Poole
ACI Worldwide research highlights the shift to digital, while US faster payments schemes continue to evolve.
US corporate cash adds over US$1 trillion in 2020
by Ben Poole
Analysis by The Carfang Group finds overall corporate cash hit US$3.82 trillion last year, with corporate holdings of MMFs up 64%.
2021 treasury cash investment trends revealed
by Ben Poole
An ICD survey shows the most popular investment instruments for treasurers in both the Americas and Europe, as well as challenges treasurers face.
COVID-19 forced US middle market companies to embrace digital banking
by Ben Poole
A report from Greenwich Associates suggests that this move could be bad news for America's regional and community banks.