Fed’s digital dollar research study deemed successful - Industry roundup: 10 July
by Ben Poole
DBS launches e-CNY merchant collection solution; Basel Committee consults on revisions to core principles; RTGS.global adds banks in Georgia and Tajik
News
US services sector surpasses growth expectations - Industry roundup: 7 July
by Ben Poole
ESMA to assess sustainability risks in investments; HSBC joins UK quantum-secure metro network; Mastercard uses AI to fight real-time payment scams
Quantum digital payments move closer – Industry roundup: 6 July
by Graham Buck
BRICS members diverge on expansion; UK proposes voluntary ESG code; Eurozone business activity shrinks; China lenders cut dollar deposit rate
Investors intensify switch from equities to fixed income - Industry roundup: 5 July
by Ben Poole
NatWest calls for step change in approach to open banking; Argentina turns to Chinese yuan as dollars dry up
Yield curve inversion sounds recession alarm bell – Industry roundup: 4 July
by Graham Buck
BoA and Citi query Fed stress test result; China slaps curb on chipmaking metals; Asian manufacturing activity slows; Australia keeps rates on hold
BEPS 2.0 readiness is top of mind for CFOs - Industry roundup: 3 July
by Ben Poole
UK business confidence hits 13-month high; Mastercard looks to enable tokenised bank deposits; Sustainable Fitch launches transition assessment tool
SAP and Visa digitalise B2B payments for APAC businesses - Industry roundup: 30 June
by Ben Poole
EC proposes framework for digital euro; Trovata and PNC to provide integrated payment processing for corporates; Croatia joins TIPS
Study shows CBDC projects now in 130 countries – Industry roundup: 29 June
by Graham Buck
Executive pay linked to ESG goals; US study focuses on supplier payments; HKMA aims to restructure banking system; Quant launches Overledger Platform
New fund to support rollout of impact bonds across the EU - Industry roundup: 28 June
by Ben Poole
Education needed to propel AI payments into mainstream; Google Cloud launches AI-powered AML; Danske Bank enters strategic partnership with Infosys
Sustainability and climate reporting standards published – Industry roundup: 27 June
by Graham Buck
Don't underestimate inflation says IMF; US$6.3 billion bid for semiconductor firm; Bundesbank denies bailout report; HSBC HK moves into crypto
Design Group secures US$125m refinancing deal - Industry roundup: 26 June
by Ben Poole
Citi brings multi-bank target balancing to Brazil; Bloomberg reports J.P. Morgan offering euro blockchain payments for corporates
LSEG to provide risk management and more for treasurers - Industry roundup: 23 June
by Ben Poole
Ripple gets regulatory nod in Singapore; Treasury Prime and Checkout.com look to enhance enterprise payments; PayEm launches AmEx integration
EU bank plans debut ‘debt-for-nature’ swap – Industry roundup: 22 June
by Graham Buck
Powell indicates Fed plans more rate hikes; Bank hikes UK rates to 5%; Yuan heads lower against the dollar; India to raise US$244m for infrastructure
UK inflation stuck at 8.7% - Industry roundup: 21 June
by Ben Poole
EIB premieres bond on blockchain-based platform; CaixaBank and Iberpay launch Request-to-Pay in Europe; Call for clearer ESG standards in Japan
IMF works on a central bank digital currencies platform – Industry roundup: 20 June
by Graham Buck
CHAPS transitions to ISO 20022; Hong Kong aims to boost stock market; Thailand debuts green and blue bond; Cyber attack hits European Investment Bank
NFL secures US$78m in loans from minority banks - Industry roundup: 19 June
by Ben Poole
New prototype API layer for retail CBDC systems; Ripple and Colombia’s central bank explore blockchain use cases
North American CFOs pessimistic on economic conditions
by Ben Poole
Globally, CFOs are less optimistic about their companies’ prospects in Q2 than in Q1 2023.
US corporate cash allocations to bank deposits drop to 47% - Industry roundup: 16 June
by Ben Poole
J.P. Morgan launches sustainable investment data solutions; Canadian real-time payments delayed again; Citi launches Indian sustainable deposits
More US rate hikes to come, says the Fed – Industry roundup: 15 June
by Graham Buck
Investors return to Japan; Clearstream, Consort1 expand repo market access; Lithium is focus of EU-Argentina MOU; Appetite revives for green bonds
US annual inflation drops to two-year low - Industry roundup: 14 June
by Ben Poole
90% of CFOs plan to fund growth at same or greater level than last year; Payment preferences and fraud keeping finance leaders up at night
China moves to stimulate economy – Industry roundup: 13 June
by Graham Buck
Cheaper money in prospect for UK firms; India and UAE agree trade deal; ANZ aims to expand in India; China plans supply chain expo
Strong tightening in perceived financing conditions for European companies
by Ben Poole
The latest SAFE report from the ECB reveals the impact of monetary policy tightening on businesses' external financing.
SVB UK rebranded as HSBC Innovation Bank - Industry roundup: 12 June
by Ben Poole
The carbon removal issue in green finance; Trovata moves upmarket; Rabobank and in3 target responsible BNPL B2B payments
GTreasury and C2FO partner on liquidity management solutions - Industry roundup: 9 June
by Ben Poole
CBA cracks down crypto exchange payments; Universal Partners to offer trade finance services; PSR confirms APP fraud reimbursement requirements