Industry Roundup: 29 March
by Graham Buck
Credit Suisse pulls back in Russia; Barclays error 'may cost £450m'; ESG dilemmas of Ukraine invasion; El Corte Ingles opens to crypto
News
Industry roundup: 28 March
by CTMfile
MIT and BOE digital currency, Israeli Bank accept cryptos, Decentralized finance risks, US dollar losing position against yuan, Apple fixes loopholes.
Industry roundup: 25 March
by CTMfile
Oxxo to be a superbank, CBDC credentials for a US CBDC, Australia adopting stablecoin, Credit Suisse $500 million fine, Apple helps boost payments.
4 weeks into war, Germany may be heading into a recession
by Pushpendra Mehta , Executive Writer, CTMfile
Germany is teetering on the brink of recession caused by supply chain snarls, accelerating inflation and the Russia-Ukraine conflict.
Industry Roundup: 24 March
by Graham Buck
WTO on supply chain disruption; Partial reopening for Moscow exchange; Crédit Agricole post-Brexit fees; Citi, Stenn pair on supplier financing
Industry roundup: 23 March
by CTMfile
Cross-border CBDC platform interoperability, RippleNet - potential alternative to CBDC, Mastercard connects banks to BNPL, Biometric tech and fraud
The Russia-Ukraine war and reactions of fintech service providers
by Pushpendra Mehta , Executive Writer, CTMfile
The response to the Russia-Ukraine conflict may affect fintech companies’ revenues, yet it exhibits their willingness to look beyond financial gains.
Industry roundup: 22 March
by Graham Buck
Transition from Libor progressing; Bank majors form syndicated loan platform; ClearBank raises £175m for expansion; Euroclear takes stake in Fnality
Industry roundup: 21 March
by CTMfile
Russia bond payments, bond yields to increase, slight surge in funding for illegal crypto, Australia begins talks on including open finance in CDR.
Industry roundup: 18 March
by CTMfile
Bank of England hikes interest rates, Oil could hit $200 a barrel, AMEX to enter metaverse, Britain’s P&O Ferries mass sackings.
Industry roundup: 17 March
by Graham Buck
Shell directors sued by ClientEarth; Europe boost for crypto; Volante service speeds ISO 20022 compliance; Piteco and TAS simplify SWIFT access
Industry roundup: 16 March
by CTMfile
Fed set to hike interest rates, CFOs to fast-track payments, Blockchain in Financial Services Report, Yale list of companies withdrawing from Russia.
The U.S. healthcare system is an enticing target for Russian cyberattacks, experts warn
by Pushpendra Mehta , Executive Writer, CTMfile
AHA warns of increased cyber risk to U.S. healthcare sector due to the Russian-Ukraine conflict.
The Russia-Ukraine war can accelerate China’s SWIFT alternatives
by Pushpendra Mehta , Executive Writer, CTMfile
One of the long-term implications of Russia’s SWIFT ban is that it can boost adoption of China’s cross-border payment system and its digital yuan.
Industry roundup: 15 March
by Graham Buck
Citi broadens Russian exit; Nickel prices soar; Santander launches grain-backed tokens; Jamaica offers CBDC incentive; DCash service restored
Industry roundup: 14 March
by CTMfile
IMF rules out global financial crisis, UK's Sunak urges firms to leave Russia, BlackRock lost $17bn, Deutsche Bank and Commerzbank exiting Russia
Industry roundup: 11 March
by CTMfile
Embedded lending market to grow, RPA in financial sector, ACI fraud detection, Visa acquires Tink, REN payment system, Paxos blockchain payment system
Industry roundup: 10 March
by Graham Buck
Airlines’ hedging offsets oil price spike; US corporates’ Russia exposure assessed; London-listed Russian companies; Biden authorises crypto review
Industry roundup: 09 March
by CTMfile
EU sanctions on Russia, SEC and crypto, TaaS evolving, Bank of London rapid payments, quantum technology advancements, Bankfi & Vusa partner.
Significant economic and business concerns surrounding Russian invasion of Ukraine
by Pushpendra Mehta , Executive Writer, CTMfile
Strategic Treasurer’s flash survey of treasurers on the impact of the Russia-Ukraine conflict highlights important concerns.
Industry roundup: 8 March
by Graham Buck
Procure4Peace formed to assist Ukraine; Building materials shortage to intensify; Shell joins Russia exodus; Supply Chain Catalyst tool launched
Industry roundup: 07 March
by CTMfile
Russian banks using China's card system; economic impact from war in Ukraine; CBDC 2nd phase; digital payments in Middle East and North Africa
Industry roundup: 04 March
by CTMfile
new cybersecurity law, US using countering crypto to avoid Russia sanctions, Ripple's crypto payments, EMQ cross-border payments in South Asia.
Industry roundup: 3 March
by Graham Buck
Russia exodus tests fund managers; VTB commodities unit winds down; IMF paper examines cash management capacity; China overhauls supply chain finance