US banks missing digital opportunity with smaller businesses
by Bija Knowles
Digital account opening is an opportunity for banks to demonstrate their omni-channel competence – but most are failing to embrace this
electronic Bank Account Management
Background
Most medium to large companies use an average of six cash management banks, within this average about 30% use 6 or fewer, 40% use 7-20, and 30% use 21 or more. The number of bank accounts managed…
Read moreKYC - everyone looking for a magic bullet
by Jack Large
Costs keep rising as banks try new technologies to get a grip of the problem
How to achieve order in the chaos of Bank Account Management
by Dan Gill , Senior Director, Redbridge Analytics
SOX, BAM, KYC, AML, CFT, PII, GLBA, OFAC, FBAR, BSA, FATCA
Signs of our times
by Jack Large
Deloitte’s purchase of Blab, McKinsey primer on GDPR, PSD2, PwC’s KYC ‘quick’ guide, South Africa feeling KYC pain, predictive analaytics, big data, and cyber liability insurance
Biometrics is the answer: what is the question?
by Jack Large
Identifying who is really there is the question. The answer is new form of multi-factor authentication
Whose KYC data standards? Yours? Mine? Theirs?
by Jack Large
Whose are Know Your Customer standards are you going to use: The banks? Thomson Reuters’s? KYC.com’s
Open a new bank account immediately, when you need it
by Jack Large
KYC problems are here to stay, are Virtual Bank accounts THE only practical solution today?
How to solve the mystery of bank billing
by Bridget Meyer , Senior Director, Redbridge Analytics
Why are bills for treasury services so confusing?
Thomson Reuters’s lead in 3rd party KYC grows as acquires Clarient & DTCC’s Avox
by Kylene Casanova
Acquisition of two key players to bolster their Know Your Customer (KYC), client reference data and legal entity data capabilities increases pressure on corporates to use third party services
Should you think about adopting CAMT053?
by Kylene Casanova
Adoption of ISO 20022 payment standards should be ongoing, writes Amber Christian in Treasury & Risk. The CAMT053 standard can improve communication between corporates and their banks
2016 Annual Review - 10 most read posts
by Kylene Casanova
Shell’s centralisation journey; Block chain; OpenLink bringing commodity & treasury ERM solutions together; PSD2; and KYC were the most popular items in 2016
2016 Review - August
by Kylene Casanova
Do you really need a TMS? Blockchain will “fundamentally alter” global finance; Align Commerce revolutionary global SME payment service; eBAM the road forward
kyc.com partners with key players to provide comprehensive integrated kyc service
by Kylene Casanova
Future of KYC is shown by new strategic partnership as kyc.com gets together with Dow Jones, Exiger and Regulatory DataCorp Partner to provide an integrated sanctions, screening and client risk assessment service
Take control: manage both your bank charges & payments/collections efficiency
by Kylene Casanova
Is the BeScord Banking solution the holy grail for corporate treasury departments to take control of their banks and payments/collections?
Citi launch digital service for completing a/c opening process electronically
by Kylene Casanova
New ‘eSubmit’ service in Western Europe eliminates paper in account opening and speeds up on-boarding
You are exploiting my data. But whose data is it anyway and will you lose it?
by Kylene Casanova
Payment and KYC data are vital for efficiency and control, but there are huge dangers. How are corporates going to protect themselves as banks exploit this data? They cannot just rely on others…..
Two factor biometric authentication is essential to survive fraud tsunami
by Kylene Casanova
Survey shows that in corporate treasury department biometrics will be welcomed but staff prefer/expect two factor authentication
What do treasurers need to know about smart contracts?
by Kylene Casanova
Smart contracts are creeping into the news and into financial jargon. Make sure you're up-to-speed on their applications and features.
USA’s worst WCM performance since 2007-2008: The high cost of low interest rates
by Kylene Casanova
Hackett’s 2016 US Working Capital Survey showed: Lax working capital management habits learned in easy credit years are starting to take a toll
Omichannel payments - will you need to accept Ant Alipay on- & off-line payments?
by Kylene Casanova
Ant Financial’s, the affiliate of e-commerce giant Alibaba Group Holdings, deal with Ingenico adds 90 countries. Gives their 450 millions customers global access. Another Chinese domestic payment system goes global
eBAM the road forward - effective internal & external processes / controls
by Kylene Casanova
Dan Gill, bank relationship consultant from USA, explains how to get the most from eBAM and your bank relationships
How to manage your eBAM processes from inside your ERP
by Kylene Casanova
The problems and opportunities in the development of optimised e-Bank Account Management covered in Hanse Orga’s webinar
Ten essential cash and treasury management questions for August 2016
by Kylene Casanova
Questions that will lead to action in today’s complex and regulated world
Thomson Reuters launches KYC solution for Africa in partnership with local banks
by Kylene Casanova
Thomson Reuters launches KYC solution for Africa in partnership with local banks