Fixed income funds maintain momentum in Australia - Industry roundup: 28 August
by Ben Poole
Visa launches money movement advisory practice in North America; Commerzbank opens Baltic trade hub; ADCB and PaySupp to support corporate suppliers.
News
Asset managers grappling with interest rate uncertainty - Industry roundup: 27 August
by Ben Poole
Swedish economic recovery draws closer; DBS leverages PBOC’s Carbon Emission Reduction Facility to issue green loan.
US Fed Chair Powell signals ‘Time has come’ to lower interest rates - Industry roundup: 26 August
by Pushpendra Mehta , Executive Writer, CTMfile
US Federal Reserve Chair Powell indicates interest rate cuts ahead
Fastest rise in UK private sector output since April - Industry roundup: 23 August
by Ben Poole
Probability of recession now 35% - J.P.Morgan; CBA and BNY deliver near real-time cross-border payments; Deutsche Bank and Upvest reveal partnership.
Hedging strategy divergence between UK and US corporates revealed - Industry roundup: 22 August
by Ben Poole
Switzerland launches instant payments; Services drive Australian business activity expansion; Minerva Foods boosts sales by improving working capital.
Finance leaders should temper expectations around GenAI - Gartner
by Ben Poole
GenAI hype could lead to a period of disillusionment with various technologies in this space.
Digital innovation is slowly transforming corporate FX trading - Industry roundup: 21 August
by Ben Poole
ABN Amro goes live with CBA’s trade finance transaction monitoring software; Emirates NBD looks to boost customer confidence in carbon markets.
Gen Z driving digital payments explosion in Singapore - Industry roundup: 20 August
by Ben Poole
GTreasury partners with Necto to expand global bank API suite; Network International to offer payment solutions to Citi’s corporate clients.
GenAI’s dramatic shift of business planning revealed - Industry roundup: 19 August
by Ben Poole
The huge impacts of the yen carry trade; Adyen and BMW expand e-commerce collaboration to POS; Deutsche Bank finances solar farm.
Singapore gets serious on quantum security - Industry roundup: 16 August
by Ben Poole
Nomentia to provide Business Connect from Swift; Kyriba lands deal with Saudi German Health, Modern Treasury expands instant payments support.
DBS launches 24/7 treasury management blockchain pilot with Ant International - Industry roundup: 15 August
by Ben Poole
UK and US see marginal changes in inflation battle; EBA publishes final draft technical standards on market risk.
Inflation continues to plague Main Street - Industry roundup: 14 August
by Ben Poole
Scotiabank to acquire 14.9% equity interest in KeyCorp; AKTG secures US$500m financing from Citi; Centime AP solution “pays businesses to automate”.
Drop off in demand for raw materials signals slowing economic growth - Industry roundup: 13 August
by Ben Poole
Northern Ireland leads positive month for UK business growth; Standard Chartered launches ESG-linked cash account.
Germany’s manufacturing export conditions stagnate - Industry roundup: 12 August
by Ben Poole
Why the UK pound is unlikely to regain its pre-Brexit levels; RingCentral partners with Coupa to improve efficiencies.
Global fintech investment falls to US$51.9bn - Industry roundup: 9 August
by Ben Poole
UK and Poland target green exports with €249m financing for solar project; Australia’s Confirmation of Payee service hits milestone.
Fund managers concern for US election’s impact on FX markets - Industry roundup: 8 August
by Ben Poole
WorldFirst and Walmart develop streamlined process for e-commerce sellers in China; Xerox selects SAP to transform enterprise architecture.
Australia appears to rule out rate cuts for the next six months - Industry roundup: 7 August
by Ben Poole
Southeast Asia could outpace China in GDP and FDI growth in the next decade; Tide of outflows in UK equities at slowest in three years.
Global economic growth eases for second month running - Industry roundup: 6 August
by Ben Poole
Annual securities lending revenue down 11% to US$843m; BNP Paribas enters exclusive negotiations to acquire AXA investment Managers.
Soaring data breach disruptions drive costs to record levels - Industry roundup: 5 August
by Ben Poole
European payment fraud hit €6.3bn over 18 months; AFME outlines digital finance priorities for the new EU policy cycle.
UK joins the rate cut club - Industry roundup: 2 August
by Ben Poole
China leads world in GenAI usage; Tradeweb completes ICD acquisition; EIB and Deutsche Bank look to boost Europe's wind manufacturers.
BASF sustainability-linked payables finance programme launches in Asia - Industry roundup: 1 August
by Ben Poole
Payments Innovation Alliance releases BEC response action plan; OFX and Technosis to launch multi-currency payment solution.
BoE sets out approach to innovation in money and payments - Industry roundup: 31 July
by Ben Poole
UBS and CIBC claim world’s first intraday FX swap; Surecomp and Visa partner on trade finance and cross-border payments.
Ninety countries join e-commerce initiative – Industry roundup: 30 July
by Graham Buck
Three rate decisions awaited; Russia hikes rates to 18%; Supply chain shortage dents Porsche; Slovenia first EU nation to issue sovereign digital bond
Multinationals are empowering treasury to drive business growth - Industry roundup: 29 July
by Ben Poole
Trovata and State Street look to streamline corporate investing; ICC issues guidance on responsible business in challenging contexts.