Virtual card transactions to increase 388% by 2028 - Industry roundup: 4 October
by Ben Poole
Australia extends rate hike pause again; MonetaGo and Tesselate to boost trade finance fraud detection; Visa launches US$100m genAI initiative
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Companies lagging on ESG assurance preparations – Industry roundup: 3 October
by Graham Buck
Brazil nears digital ID launch; Tokyo to begin carbon credits trade; Apple Wallet UK adds account checks; Helipay mulls Russia payments deal
Survey shows investors have lost faith in the Bank of England’s decision-making - Industry roundup: 2 October
by Ben Poole
BIS and three central banks successfully test cross-border wholesale CBDCs; ESMA to focus on digital change and the green transition in 2024
BIS calls for legal framework changes to support CBDCs - Industry roundup: 29 September
by Ben Poole
US Q2 GDP posts 2.1%; Global financial crime compliance costs for FIs above US$206bn; Visa and Lloyds Bank to launch virtual card solution
World Bank “could boost lending to developing countries” – Industry roundup: 28 September
by Graham Buck
Italy dilutes windfall tax plan; Tencent joins CBDC interoperability pilot; New US government shutdown near; Spain fines Big Four for overworked staff
UK plans Basel III implementation delay - Industry roundup: 27 September
by Ben Poole
Standard Chartered enables real-time cash management data; Digital data-driven operations top C-suite priorities; Travelex completes £90m refinancing
Transnet’s woes unsettle South Africa’s businesses – Industry roundup: 26 September
by Graham Buck
Digital euro at least two years away; AIIB opens Abu Dhabi office; Telos supply chain initiative launches; Bank of Japan maintains caution
First digital trade transaction under new UK legislation - Industry roundup: 25 September
by Ben Poole
Kyriba to provide RBC with cloud-based payables and receivables finance solution; BofA launches trade finance platform; Nomentia unifies TMS
HSBC plans climate tech funding push - Industry roundup: 22 September
by Ben Poole
Canadian small business owners need additional cyber support; ACI Worldwide and Microsoft to accelerate global move to real-time payments
Central banks decide after Fed holds US rates – Industry roundup: 21 September
by Graham Buck
Deutsche Bank CEO warning for Germany; Goldman raises US$15bn for PE deals; Stan Chartered sustainable loans; Temenos Payments Hub on IBM Cloud
80% of large enterprise finance teams to use internal AI platforms by 2026 - Industry roundup: 20 September
by Ben Poole
Citi develops digital asset capabilities for cash management and trade finance; Visa and Swift look to enhance global B2B money movement
Blue bonds gaining traction in Asia-Pacific – Industry roundup: 19 September
by Graham Buck
Swift-Wise partnership launches at Sibos; Deutsche Bank offers crypto custody; Citi report on cross-border payments; NAB to exit Hong Kong
EBA Clearing runs pilot for pan-European fraud and anomaly detection - Industry roundup: 18 September
by Ben Poole
BofA’s CashPro Chat adds AI for businesses; Deutsche Bank and EIB enable sustainable finance access for mid-caps; Alpha to buy large stake in Cobase
Global non-cash transaction volumes to reach 1.3 trillion this year - Industry roundup: 15 September
by Ben Poole
HSBC launches multi-market account opening service; Legacy tech and regulation hampering FI growth; ABN Amro registers green bond on public blockchain
Three central banks test Swift’s CBDC connector – Industry roundup: 14 September
by Graham Buck
ECB raises key rates by 0.25%; Visa Cross-Border Solutions launches; MSCI opens Sustainability Institute; Adyen gets clearance for embedded finance
International businesses have growing confidence in ASEAN
by Ben Poole
Research commissioned by HSBC shows multinationals expect sales growth of 23.2% in Southeast Asia in the year ahead.
Five challenges CFOs face from a “deadweight” economy - Industry roundup: 13 September
by Ben Poole
Macroeconomic risk a serious challenge for treasurers; ION Treasury launches Wallstreet Suite; JPMorgan developing digital deposit token - Bloomberg
EC reduces eurozone growth forecast – Industry roundup: 12 September
by Graham Buck
Dimon attacks bank capital proposals; RBI aims to boost digital rupee; Japan hints at end to negative rates; HSBC calls time on Russian business
Goldman Sachs suggests Fed is likely finished hiking rates - Industry Roundup: 11 September
by Ben Poole
FCA finds areas for sanctions compliance improvement; Philippines selects tech for CBDC pilot; Mastercard collaborates with KredX on B2B payments
Mastercard hits out at WSJ story on credit card fees - Industry roundup: 8 September
by Ben Poole
ADB and Deutsche Bank sign risk sharing agreement to boost SCF in Asia; Business owner optimism soars to 21-year record high in US
Post- Labor Day corporate debt surge – Industry roundup: 7 September
by Graham Buck
Nairobi Declaration issued; Inflation spike crimps global wealth; Accord on reporting sustainability; Bank of China Saudi Arabia branch
ECB calls out PayPal, pits CBDCs against stablecoins
by Ben Poole
The ECB's Fabio Panetta outlined the benefits of a CBDC over a private digital currency.
FIT Alliance launches eBL declaration - Industry roundup: 6 September
by Ben Poole
UK bank employees struggle to recommend their international payment services; Emirates NBD invests in trade finance fintech Komgo
Nairobi summit assesses climate crisis – Industry roundup: 5 September
by Graham Buck
IMF warning on trade restrictions; New push for digital yuan; Turkey inflation at 58.9%; London fastest in UK to go cashless