US banking giants edge closer to merger
by Graham Buck
A proposed deal to combine BB&T and SunTrust Banks cleared a further regulatory hurdle this week
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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Amex targets US small businesses with new credit card
by Graham Buck
The American Express Blue Business Cash Card can assist a healthier cash flow and access to more business opportunities says its issuer
Corporates respond to prospect of lengthy trade war
by Graham Buck
With a prolonged, even deepening US-China trade dispute likely, companies are looking to banks for trade and financing solutions
US farming sector’s working capital ‘critically low’
by Graham Buck
The past five years have seen a massive drain in its liquidity and the country’s current trade disputes aren’t helping, a study finds
Market volatility widens FX losses for North American companies
by Graham Buck
Four consecutive quarters of increasing losses saw the figure climb to US$23.4bn in the first three months of 2019, reports Kyriba
Mastercard expands real-time payments to gig economy workers
by Graham Buck
The growth of temporary and short-term contracts has seen workers seek quicker access to the next pay cheque than via payroll schemes
More US insurers using exchange-traded funds
by Graham Buck
A Greenwich Associates/Invesco study finds more in the sector employing ETFs, with three main motivators identified
Banks remain key to US corporates’ investment strategy
by Graham Buck
Nearly all report that their bank relationships are core to their operating cash investment mix, an AFP survey finds
US corporates improve working capital performance
by Graham Buck
The working capital efficiency of America’s top 1,000 public companies in 2018 was the best for six years, a study finds
Trump tariffs create working capital strains for US firms
by Graham Buck
Companies are resorting to various measures in response to the administration’s tariff-heavy trade policy, a report finds
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.
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.
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?"
US fintech Plaid rolls out services in the UK
by Graham Buck
The six years old San Francisco company, already valued at $2.7bn, is expanding across the Atlantic and opening its first UK office.
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.
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.
Federated Investors buys $14bn in fund assets from PNC
by Graham Buck
One of the biggest US providers of money market funds used for liquidity management is set to grow even bigger.
Federal Reserve warns on record US corporate debt
by Graham Buck
Leveraged loans grew by 20% in 2018 to reach $1.1 trillion and those going to riskier borrowers exceed previous peaks in 2007 and 2014.
US financial institutions anticipate faster payments demand
by Graham Buck
While most see demand for faster payments underway, only a minority have put a strategy in place a survey suggests.
MAS, Bank of Canada blockchain trial promises cross-border payment gains
by Graham Buck
The successful experiment by the two central banks could make cross-border payments faster and more efficient.
Equifax buys PayNet, pledges innovative solutions for SMEs
by Graham Buck
The US data analytics and tech company says the deal should produce better access to capital for small to medium-sized businesses.
Visa and Wave accelerate cash access for smaller businesses
by Graham Buck
The collaboration will enable Wave customers to receive money in real time.