European MMFs in increased regulatory peril
by Ben Poole
The EBA's draft regulatory technical standards classify MMFs as shadow banking entities, bringing new regulatory reporting requirements.
Europe
Eurosystem launches digital euro project
by Ben Poole
The investigation phase of digital euro project is to last 24 months.
Singapore and French central banks break new ground in CBDC experimentation
by Ben Poole
First multi-CBDC experiment to apply automated market making and liquidity management capabilities for cross-border payment & settlement efficiencies.
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.
Santander boosts support for Spain-UK corridor businesses
by Ben Poole
The bank's agreement with the UK Department for International Trade aims to support trade between the two European countries.
UK business investment enters recovery with positive outlook
by Ben Poole
Business investment forecast to grow 7.1% in 2021 and 10.5% in 2022, according to the EY ITEM Club
Where treasurers see the value in request to pay
by Ben Poole
A Euro Banking Association report surveyed corporates from 20 countries to see how their companies would use request to pay.
Goldman Sachs expands transaction banking to the UK
by Ben Poole
One year on from launching in the US, the treasury and cash management service opens in a new market.
Mastercard: UK and Nordics lead Open Banking in Europe
by Ben Poole
They are best placed to make the most of open banking thanks to a high number of open banking APIs, progressive regulators, and consumer readiness.
New digital partnerships boost European payments
by Ben Poole
Tie ups between SIA and Volante, and EBA Clearing and Iberpay, show how the payments infrastructure in Europe is seizing digital opportunities.
UK businesses voice concerns over barriers to international commerce
by Ben Poole
Bottomline research finds international payments predicted to decrease further.
Foreign investment into Europe set to rebound in 2021
by Ben Poole
40% of businesses plan to expand operations in Europe in 2021, compared with 27% last year.
Two live transactions boost Marco Polo’s digital trade finance network
by Ben Poole
Commerzbank successfully executed the transactions to secure payments for commercial transactions based on blockchain technology.
Europe’s elevated financial stability risks
by Ben Poole
An ECB review has found the uneven economic impact of pandemic implies risks are concentrated in specific sectors and countries.
Bank of England targets MMF resilience
by Ben Poole
The BoE governor has been speaking about how money market funds magnified some of the economic shocks caused by the COVID-19 pandemic.
Tesco to offer sustainability-linked supply chain finance
by Ben Poole
From Tesco's green supplier offering, to new social loan principles, via StanChart's ESG-linked derivative and more, ESG in finance keeps pushing on.
The US$6.16bn cost of FX headwinds
by Ben Poole
Kyriba’s Currency Impact Report for Q4 2020 shows the cost of currency volatility on North American and European corporates.
UK targets fintech support as Bank of England eyes CBDC
by Ben Poole
Plans from the UK Treasury and BoE aim to boost the country's fintech and financial services.
58% of UK companies back pace of lockdown easing
by Ben Poole
Lloyds Bank research found 66% of companies say they can now operate at close to full capacity with the latest restrictions lifted.
Business confidence surges to one-year high
by Ben Poole
UK firms are feeling more positive as vaccine rollout and easing of lockdown restrictions start to impact the real economy.
NatWest and Microsoft offer UK businesses carbon neutral support
by Ben Poole
The bank and the tech firm aim to use digital technology to help UK corporates understand and manage their carbon footprint.
91% of UK CEOs concerned about cyber threats
by Ben Poole
PwC research also found 67% of UK CEOs plan to increase long-term investment in cybersecurity and data privacy as a result of COVID.
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.
5 key recommendations for the UK fintech sector
by Ben Poole
The UK's Kalifa Review evaluates the challenges and opportunities faced by the country's fintech sector in light of COVID-19 and Brexit.