New York is world’s most expensive city – Industry roundup: 8 June
by Graham Buck
SWIFT to test blockchain interoperability; Bank of Canada continues rate hikes; Sequoia Capital three-way split; CAB Payments plans London listing
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UK plans to boost open banking - Industry roundup: 7 June
by Ben Poole
Central banks prove viability of a quantum-safe financial system; NatWest and University of Edinburgh launch innovation centre
US Treasury resurrects one-day bills – Industry roundup: 6 June
by Graham Buck
Australia surprises with rate hike; Hong Kong green bonds raise US$6bn; Japan's tourism revival boosts wages; Vote decides future of UK's CBI
Asian trade corridors to outpace global average by 2030 - Industry roundup: 5 June
by Ben Poole
Swedish CFOs optimistic despite challenges; Posco International partners with Contour; J.P. Morgan launches Payments Partner Network
3 pillars of human leadership CFOs need in an era of finance AI
by Ben Poole
Gartner explored the key issues facing finance leaders in the AI revolution at a recent event.
Authorities’ reports find clear increase in greenwashing in Europe - Industry roundup: 2 June
by Ben Poole
MAS and Google Cloud to advance capabilities in generative AI technology; HSBC and Quantinuum explore financial quantum computing use cases
Market has one month left to end of Libor – Industry roundup: 1 June
by Graham Buck
Accord on raising US debt ceiling; Emerging Asia "will be economic powerhouse"; WE Soda's planned IPO boosts London; Australia's minimum wage to rise
IASB targets increased SCF transparency - Industry roundup: 31 May
by Ben Poole
Digital euro exercise finds positives; Deutsche Bank boosts investment in Vietnam; BIS seeks to promote API harmonisation for cross-border payments
Fourteen countries agree new supply chain network – Industry roundup: 30 May
by Graham Buck
Insurers exit climate alliance; OCBC and ADDX in tokenisation initiative; Indosat-Mastercard digital partnership; Honk Kong lifts crypto restrictions
Barclays invests in working capital technology - Industry news: 26 May
by Ben Poole
Fed minutes reinforce softened stance; Coupa updates aim to help businesses reduce financial risks; Visa plans Polish tech hub
Germany’s economy entered recession in Q1 – Industry roundup: 25 May
by Graham Buck
Two banks breached UK competition rules; South Africa hikes rates for 10th time ; Citi drops Banamex sale plans; AIIB plans emergency funding
UK inflation finally falls below 10% - Industry roundup: 24 May
by Ben Poole
Taulia and ANZ advance working capital and supply chain management; Standard Chartered and KI group develop B2B marketplace offerings
India announces end of the 2,000 rupee banknote – Industry roundup: 23 May
by Graham Buck
Bank of Israel hikes rates again; Book claims state-sponsored Libor rigging in 2008; US companies rush to borrow; Study identifies ESG pay boost in US
Corporates endured FX impacts of US$32.21bn in Q4 2022 - Industry roundup: 22 May
by Ben Poole
Lenovo partners with Demica on distributor finance; Teradata and FICO partner to reduce fraud; Ripple launches platform to develop CBDCs
New York Fed and MAS explore potential for wholesale CBDCs in cross-border payments
by Ben Poole
The pair revealed the results of the joint Project Cedar Phase II x Ubin+ experiment.
First FX transaction made using Australian CBDC - Industry roundup: 19 May
by Ben Poole
20% increase in global digital attack rate; The e-HKD pilot programme kicks off; Airwallex and Modifi look to smooth cross-border B2B payments
Japan’s economy revives after dip into recession – Industry roundup: 18 May
by Graham Buck
Central banks increase use of yuan; BNP Paribas team on US debt ceiling; Kenya fintech M-Kopa raises US$250m; Swan, Citi embedded finance launches
SAP and Icertis integrate contract data with S/4HANA - Industry roundup: 17 May
by Ben Poole
Standard Chartered accelerates expansion of digital collections gateway; MonetaGo and Lloyd’s List Intelligence authenticate trade finance documents
Election uncertainty pushes Turkish lira to record low – Industry roundup: 16 May
by Graham Buck
China opens new Swap Connect prog; Singapore's new anti- crime platform; Thailand's economy buoyant in Q1; Amex closing non-US business FX ops
Business travel bounces back - Industry roundup: 15 May
by Ben Poole
Stora Enso publishes green financing framework; Chasing late payments costs European businesses €275bn; Visa invests in digital cross-border trade
SAP to embed IBM Watson AI into solutions - Industry roundup: 12 May
by Ben Poole
StoneX and TIS Partner partner on FX payment services for treasurers; Barclays and TransferMate to provide international receivables payments solution
Cost of US credit default swaps soars – Industry roundup: 11 May
by Graham Buck
HK overnight funding rates soar; Crypto exchange Bittrex files for bankruptcy; Bank opinion divided on ESG; Visa CBDC project aids Brazil’s farmers
New York Attorney General proposes cryptocurrency regulations - Industry roundup: 10 May
by Ben Poole
Banks bolster super blockchain network; Generative AI treasury tool launches; Standard Chartered and Tazapay target cross-border e-commerce payments
Clock ticking for US government debt ceiling rise – Industry roundup: 9 May
by Graham Buck
Malaysia-Indonesia payments link; Europe banks on bigger gas price drop; Apple returns to bond market; Free trade benefits for Africa outlined