Corporate and investment banks must reinvent themselves
by Ben Poole
A Boston Consulting Group report suggests banks must overhaul business and operating models in order to remain viable.
News
Emergency UK government loans only appeal to half of business owners
by Ben Poole
MarketFinance research reveals 67% of UK businesses believe funds will not reach them in time.
Corda and Skuchain target trade finance interoperability
by Ben Poole
An application from Skuchain brokers a connection between Hyperledger Fabric and the Corda Network.
AFP urges FED to include Tier 2 commercial paper in new facilities
by Ben Poole
The US treasury association voiced support for the Commercial Paper Funding and Money Market Mutual Fund Liquidity Facilities.
BlueSnap upgrades marketplace payment solution
by Ben Poole
The solution lets B2B and B2C firms launch ecommerce marketplaces that include seamless payouts and cross-border payment processing.
Unicredit supporting suppliers in today’s liquidity crisis
by Jack Large
Venchi adopts innovative dynamic discounting solution to alleviate cash flow problems for their suppliers
Bank of China and Refinitiv launch foreign exchange price prediction app
by Ben Poole
DeepFX uses AI to predict short term price movements in FX pairs for market participants and is available to global users of Eikon.
Steep fall in Australian business activity let by services sector
by Ben Poole
Coronavirus is increasingly impacting Australian businesses, according to initial results of CBA’s monthly Purchasing Managers Index.
Iwoca launches SME funding platform
by Ben Poole
OpenLending aims to support 2 million SMEs by 2023, through 14 fintech platforms.
OpusCapita cash management solution receives certification
by Ben Poole
The SaaS solution on Azure has been ISAE 3402 type 2 certified by KPMG.
BELLIN to offer THREE FREE months of tm5 access as a helping hand
by Jack Large
Free access to modules covering cash management, forecasting/liquidity planning and recording and managing financial instruments
China a barometer for COVID-19’s economic impact
by Ben Poole
Global markets are looking to China's recovery as a sentiment tracker.
Afinis adds testing capabilities to help payment API standardisation
by Ben Poole
The Nacha organisation is partnering with XMLdation on the project.
FCA requests delay to forthcoming announcement of preliminary financial accounts
by Ben Poole
The Coronavirus crisis is impacting firms' ability to give due consideration to disclosures.
Tech spending driving increase in buy-side trading desk budgets
by Ben Poole
Greenwich Associates data shows desks trading less liquid asset classes allocate more to technology.
HSBC partners with Alibaba’s Cainiao to offer quick trade financing
by Ben Poole
Seven-day approvals for trade financing loans of up to US$500,000 will be offered to Tmall merchants in Hong Kong.
Swedbank money laundering case: Bank accepts Clifford Chance report
by Ben Poole
The law firm was retained in 2019 to investigate the bank's AML work.
FED and BoE outline COVID-19 corporate support efforts
by Ben Poole
Both central banks have launched temporary commercial paper facilities to support businesses.
World Federation of Exchanges weighs in on EU’s digital resilience consultation
by Ben Poole
The group has suggestions to enhance operational resilience and to improve practices across the financial services sector.
Calls for cross-sector cooperation to tackle authorised push payment fraud
by Ben Poole
UK Finance data shows APP fraud losses rose to £456m in 2019, partly driven by criminals abusing online platforms to scam victims.
RMB cracks top 5 currency ranking for global payments volume
by Ben Poole
SWIFT's latest RMB Tracker statistics show the continued global growth of the Chinese currency.
US Senators join call for OECD to ‘align with GRI Tax Standard’
by Ben Poole
The OECD's review of BEPS is attracting groups around the world to push for public reporting.
New regulations in the US fuel the spread of transaction cost analysis
by Ben Poole
Greenwich Associates research shows just 10% of US asset managers have a TCA specialist, compared to 25% in Europe.
AFP releases Asia-Pacific Treasury Management Handbook
by Ben Poole
The book covers 12 elements of treasury management, with 15 country profiles.