EBA shows banks’ progress in planning for failure, but issues remain
by Ben Poole
Report says banks should take advantage of positive market conditions to close €178bn shortfall.
News
Kyriba launches payments network for global CFOs
by Ben Poole
The network is designed to combat payments fraud, centralise payments, and unlock organisational efficiency.
Bottomline’s purchase of Experian Payments Gateway provisionally clears CMA
by Ben Poole
A UK Competition and Markets Authority investigation finds the transaction does not raise competition concerns.
What is next for Swift’s booming global payments innovation service?
by Jack Large
Extending global coverage, new international instant payments functionality and stop/recall service
Gunvor renews US$725m sustainability-linked facility
by Ben Poole
Per the deal, Gunvor received a discount on its interest rate as sustainability targets were met.
Standard Chartered pledges US$75bn to sustainable development goals
by Ben Poole
The bank also commits to net zero carbon emissions from its operations by 2030.
Citi joins Contour trade finance network
by Ben Poole
The announcement comes as Contour moved into full commercialisation last month following two years of pilots in 14 countries.
Deutsche Bank invests in Sri Lanka
by Ben Poole
The bank is targeting corporate clients with a new digital FX platform.
ING selects Tradeteq to distribute commodity trade finance exposure to non-bank investors
by Ben Poole
Global investment manager Federated Hermes is also using the platform.
TreasurySpring FTFs now online in all areas: Sovereigns, Financial and Corporate
by Jack Large
SurePay becomes an independent member of Rabobank Group
by Ben Poole
The firm, which launched the IBAN-Name Check solution in the Netherlands, is eyeing expansion to the UK.
BELLIN offers new SWIFT CSP audit support
by Ben Poole
200 BELLIN SWIFT Service clients to receive a free-of-charge SWIFT CSP audit.
ACI FMA partners with Axiom Global Advisors
by Ben Poole
The partnership intends to boost the industry-wide implementation of the FX Global Code.
Standard Chartered and Assembly Payments create e-commerce joint venture
by Ben Poole
The new joint venture will be headquartered in Singapore.
ION adds machine learning to TMS
by Ben Poole
The cash forecasting solution is available in the latest versions of ITS and Reval.
RBC to offer accounts receivable tool
by Ben Poole
The Interac e-Transfer Bulk Request Money feature lets businesses streamline, expedite and automate the accounts receivable process.
SWIFT publishes 2019 attestation rate for Customer Security Controls Framework
by Ben Poole
91% of customers, over 99% of SWIFT’s traffic, have attested to their compliance with CSCF v2019.
OECD transfer pricing guidance on financial transactions has implications for treasury
by Ben Poole
The guidance addresses the transfer pricing of treasury functions, intra-group loans, cash pooling, hedging, and more.
More banks join CLSNet
by Ben Poole
BNP Paribas, Citibank and J.P. Morgan among those signing up to the post-trade processing platform.
DLT implementations leaving gaps in security?
by Ben Poole
A DTCC paper calls for a coordinated strategy to develop a principles-based framework for DLT-specific security risks.
Swedbank, SIA and TietoEVRY partner on instant payments
by Ben Poole
Over 30 million instant payments have already been executed.
Commerzbank joins the Climate Bonds Partner Programme
by Ben Poole
The bank has been a signatory of the Green Bond Principles since 2014.
Value of UK exports to non-EU countries rises in 2019
by Ben Poole
Over the past three years, UK exports to Asia and the US grew faster than sales to the EU.
Aussie Ombudsman eyes legislation to end late payments
by Ben Poole
The country's Supply Chain Finance Review has highlighted the flaws in the Supplier Payment Code.