Payments fraud makes heavier impact on UK companies
by Graham Buck
Despite higher levels of awareness and precaution, businesses are losing more and recovering less, a survey suggests
Financial Risk Management
Background
Financial risk is made of three basic types: market risk - FX risk, interest risk and commodity risk; counter-party risk - credit and partner risk; and liquidity risk - risk that the company will not…
Read morePoland’s Alior Bank uses blockchain for document authentication
by Graham Buck
The Warsaw-based bank will allow customers to check on their authentication and integrity using the public ethereum blockchain
Twelve banks join Acin operational risk management platform
by Graham Buck
The regtech start-up said Credit Suisse, Standard Chartered and Société Générale are among the dozen to have signed up
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
Big tech a threat to financial stability, warns IMF
by Graham Buck
The concentration of power among a small number of mega corporations is a concern, says IMF chief Christine Lagarde.
Fraudsters target Australia’s instant payments system
by Graham Buck
Westpac, one of the country’s big four banks, revealed that its PayID lookup function had been infiltrated.
Ford collides with China’s antitrust regulator
by Graham Buck
The US motor giant’s Changan unit is fined US$23.6m with warnings that a list of “unreliable” foreign businesses is being compiled.
Netherlands central bank concerned by financial stability threats
by Graham Buck
The prolonged era of low interest rates offers little incentive for reducing debt loads, warns De Nederlandsche Bank (DNB).
Stripe adds chargeback protection feature as option
by Graham Buck
Available to Stripe users in North America and Europe from today, the feature is priced starting at 0.4% per transaction.
Moody’s supports new liquidity requirement for India’s non-banks
by Graham Buck
The new LCR, to be phased in from April 2020, is among a number of measures introduced since the demise of a major lender last autumn.
Bank of America warns trade wars to dent US corporate profits
by Graham Buck
The bank’s top stock strategist warns clients that the S&P 500 has yet to reflect the impact the US-China trade dispute may have on ear
Boom in captive insurers writing third-party risks
by Graham Buck
The digital era is driving double-digit growth as technology makes it easier for companies to offer insurance to customers and supplier
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.
Strong customer authentication rules ‘may dent EU internet economy’
by Graham Buck
The new legislation risks making an impact of up to €150bn when it is introduced this September, warns Stripe.
More shipping companies join IBM-Maersk blockchain consortium
by Graham Buck
The TradeLens initiative unveiled last August has recruited two new major names from the shipping industry to the platform.
India’s RBI issues liquidity management guidelines
by Graham Buck
The country’s central bank is proposing new rules for non-banking finance companies to help them deal with severe liquidity problems.
BBVA hosts Family Cybersecurity Day
by Graham Buck
The newly-launched initiative by the Spanish bank aims to raise awareness and educate employees and their families.
JCRA launches online financial risk management portal
by Graham Buck
Ada, named after 19th century British computer pioneer Ada Lovelace, is for finance directors, portfolio managers and accounting teams.
Shadow banking ‘increasing systemic risk’
by Graham Buck
Progress made since the financial crisis in improving banks’ credit profiles could be undermined by its growth, warns Fitch Ratings.
Crisis management: is your plan good enough?
by Jack Large
How are you going to cope with a major fraud or a huge dealing mistake?
China begins trading of defaulted corporate bonds
by Graham Buck
The first completed transactions could see the development of a future junk bond market in the country.
Chinese corporate defaults on an upward curve
by Graham Buck
This year will be by far the biggest for defaults in China’s $13 trillion bond market, predicts Bloomberg.
Thailand moves closer to central bank digital currency
by Graham Buck
The Bank of Thailand’s project prototype is being finalised by the R3 blockchain consortium and Wipro.
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.