Pilot to develop multi-bank payment tracking on SWIFT gpi
by Jack Large
22 corporates and banks to test real-time payments tracking from their TMS and ERP corporate treasury applications
International Bill Payments
Background
The cost of collecting cross-currency payments - setting up currency accounts, FX conversion costs (can be as high as 200 bps or more) and the processing charges - can be 3-5% + of the value of the…
Read morePayment systems - think different
by Jack Large
Deeply understand the transaction process, then its just commonsense to think differently
Citi’s programme for digitisation of the whole payment process
by Jack Large
Citi Payment Insights is changing how corporates track and manage domestic and international payments
Real-time payments visibility and management from Citi
by Jack Large
Shell successful pilot Citi®Payment Insights based on SWIFT gpi
Citi deploys AI to boost corporate Smart Match platform
by Bija Knowles
Citi has boosted its invoice and payment-matching application for corporate clients with artificial intelligence and machine learning
OECD addresses pricing of financial transactions under BEPS
by Bija Knowles
An OECD discussion draft addresses pricing of financial transactions such as treasury, intra-group loans, cash pooling, hedging
Future of hi-tech payments balanced by need for security
by Bija Knowles
A report on consumer payment habits suggests that businesses must continue to cater for cash spending, at least for the moment
Payment is a product, a journey through data
by Jack Large
Dan Marovitz, VP Global Payments, Booking.com, world's largest online travel site, on key drivers & structures in e-commerce payments
Payment update: real-time payroll; SWIFT gpi in China
by Jack Large
Payroll processing improves; 86% of cross-border payment traffic conducted by Chinese banks will use SWIFT gpi
SWIFT: A quarter of all cross-border payments now over gpi
by Jack Large
Set to be the standard for all cross-border payments made on the SWIFT network by the end of 2020 & ensuring Ripple remains marginal player?
The end of ownership will transform treasury
by Jack Large
New business model has deep implications for how finance and treasury manage their flows and risks
HSBC goes live with SWIFT’s global payments innovation service
by Jack Large
GPI expansion continues with nearly 50 FI live on new service with some 10% of all SWIFT’s cross border payment traffic already via gpi
SWIFT introduces universal real-time payment tracking
by Jack Large
gpi Tracker extended to all payment messages and new end-to-end tracking reference coming in November
690 million mobile money accounts = huge business opportunity
by Jack Large
GSMA’s 2017 report on ‘State of the Industry Report on Mobile Money’ shows global impact of greater financial inclusion and the new markets
2018 forecast for payments and commerce
by Jack Large
40 global leaders share how they expect things to play out in the industry in 2018
Where are the best and worst countries to collect a debt?
by Bija Knowles
No company wants to recover debt – but if you're in that predicament, which countries make collecting due payments a complex process? A report by Euler Hermes sheds some light
B2B payments: do you do recurring?
by Jack Large
Revolution in C2B payments continues as Adyen teams up with Recurly to spread use of subcription payments BUT should you be using B2B recurring already?
Hot on the heels of the digital revolution
by Bija Knowles
Embracing the changes that come with e-payments can make treasury relevant to the customer experience, as discussed by two corporates in the auto sector and oil sector.
“Automatically updates as changes occur across the globe” = peace of mind?
by Jack Large
Digital tools are delivering for corporate treasury as latest from Thomson Reuters, and BofA Merrill show
Multi-currency World Account = simple life for corporates?
by Jack Large
WorldFirst claim new account makes the process of managing finances across multiple currencies simpler, faster and cheaper than ever before
Payments update: Today cash and instant payments are essential; rest less so
by Jack Large
Role of cash and instant payments clarified; Chinese mobile payments = 50 x USA; MarketPay from Adyen
How to choose a new payment partner in today’s multi-rail world
by Jack Large
Payment systems are definitely becoming more complicated as the number of systems and variations grow - here are some vital questions in selecting a payment partner
SWIFT Index shows: economy vibrant in East Africa and each country’s economic health
by Jack Large
East Africa’s intra-regional traffic has increased 19.8% and SWIFT Index now proven as an economic indicator
Use Artificial Intelligence to improve your accounts receivables performance
by Jack Large
BofA Merrill partners with fintech to provide new platform for large/complex companies to maximise A/R performance and FX efficiencies