UK heads for 4 July general election
by Graham Buck
Voters will head to polls amid sluggish growth, high interest rates and cost-of-living headwinds.
News
Next industrial revolution underway, says Nvidia – Industry roundup: 23 May
by Graham Buck
BNP Paribas steps up decarbonisation drive; Yellen urges tougher Russia sanctions; World Bank first with CHF digital bond; Qatar US$2.5bn green bond
CFOs must get ahead of four enterprise ‘AI stalls’
by Ben Poole
CFOs adopting AI are unlikely to realise the anticipated enterprise benefits unless they mitigate four common stalls that hinder adoption.
Swift standardises payments end-to-end to enhance corporate experience - Industry roundup: 22 May
by Ben Poole
Factoring industry showed resilient growth trajectory in 2023; UK headline inflations nears 2% target; Deloitte and Basware form e-invoicing alliance.
US restaurant chain Red Lobster joins retail casualties – Industry roundup: 21 May
by Graham Buck
China tariffs threat to EU wine exports; Microsoft tells suppliers to go green; Japan investors await rate hikes; SocGen invests in energy transition
Santander and Iberpay launch first OCT Inst payments - Industry roundup: 20 May
by Ben Poole
Mercore and Tradeable complete first digital bill of exchange transaction in Africa; Basel Committee report explores the digitalisation of finance.
Canadian companies experimenting with AI in financial reporting - Industry roundup: 17 May
by Ben Poole
StanChart completes euro-denominated cross-border transactions on Partior; Profit warnings from UK-listed companies with DB pension schemes fall.
War casting a shadow over economies, EBRD warns – Industry roundup: 16 May
by Graham Buck
Japan's economy shrank in Q1; Klarna's staff embrace AI; EU issues anti-greenwash guidelines; Reshaping of global supply chains accelerates
Fixed income markets poised for an accelerated innovation boom - Industry roundup: 15 May
by Ben Poole
J.P. Morgan AM launches EUR Government CNAV Fund; KeyBank unveils virtual account solution; Fifth Third releases payables solution with Bottomline.
UK economy continues move out of recession – Industry roundup: 14 May
by Graham Buck
China to launch bond sale Friday; BBVA bid for Sabadell turns hostile; UAE and Indonesia strengthen trade relations; AI to combat supply chain fraud
Cash prevails while sustainability-linked finance falls down treasury agenda - Industry roundup: 13 May
by Ben Poole
Closing the gender gap in trade finance; Mastercard JV switches first domestic transaction in China; US stock market liquidity is healing.
Italian corporates improving climate transparency and strategies - Industry roundup: 10 May
by Ben Poole
The top 5 attraction drivers for finance function employees; BoE maintains bank rate; Transaction banking revenue growth highly dependent on rates.
Riksbank is ahead of the ECB with interest rate cut – Industry roundup: 9 May
by Graham Buck
South Africa's post-election prospects; Global debt load at record US$315 trillion; CEOs prioritise sustainability; Argentina adds 10,000 peso notes
US exceptionalism should prompt ECB to consider higher rate cuts - Industry roundup: 8 May
by Ben Poole
Pan-European PoC showcases request to pay value; Time US banks left legacy behind?; European dividends and buybacks poised for all-time high.
Spain’s Sabadell rejects €12 billion offer from rival BBVA – Industry roundup: 7 May
by Graham Buck
Australia holds interest rate at 4.35%; Markets primed for June rate cut from ECB; Japan bids to host ADB summit 2027; Saudi Arabia and UAE compete
BlackRock’s BUIDL is now the world’s largest tokenised treasury fund - Industry roundup: 6 May
by Pushpendra Mehta , Executive Writer, CTMfile
BlackRock’s BUIDL is now the world’s largest tokenized treasury fund
Corporate liquidity increased to US$3.5 trillion in 2023 - Industry roundup: 3 May
by Ben Poole
EBA publishes paper on identification of PEPs; UK businesses demonstrate optimistic outlook.
Firms wary of ability to comply with CSRD – Industry roundup: 2 May
by Graham Buck
Efama backs capital markets union; IMF raises Asia growth forecast; Shell plans US$3.5bn share buyback; Instant payments market set to boom
New use cases push global real-time payments to record highs
by Ben Poole
Global real-time payments growth has reached sustainable levels with 266.2 billion real-time payments transactions recorded in 2023, up 42.2%.
FP&A teams need to rethink business partnering in a digital function - Industry roundup: 1 May
by Ben Poole
Benefits and challenges of interlinking fast payment systems cross-border; Streaming prices transforming trading of US treasuries.
UK firms face new costs from Brexit border checks – Industry roundup: 30 April
by Graham Buck
HSBC's chief Quinn to step down; Postbank problems hit Deutsche Bank; Boeing raises US$10bn from debt market; Eurozone inflation steady at 2.4%
Asia’s growth prospects still positive, says ADB – Industry roundup: 29 April
by Graham Buck
First US bank failure of 2024; Today is National Supply Chain Day; Visa and Tink bring open banking to US; Digital euro "will arrive before 2030"
US economic growth hits a speed bump – Industry roundup: 26 April
by Graham Buck
No change from Bank of Japan; South Korea's growth accelerates; Indonesia rate hike wrongfoots analysts; Ecuador looks at more debt-for-nature swaps
US Treasury prepares to strengthen bond market – Industry roundup: 25 April
by Graham Buck
EU bans goods linked to forced labour; Firms sceptical on demise of cash; Growing demand for active ETFs; Bank of Japan discusses yen's weakness