New R.T.P. system to debut in UAE – Industry roundup: 16 December
by Monica Zangerle , Writer, CTMfile
& New York financial regulation authority publishes crypto guidance for financial institutions.
News
European Union agrees carbon border tax – Industry roundup: 15 December
by Graham Buck
Competition in UK’s FX market; Brazil plans 2024 launch of CBDC; European central banks announce rate hikes; Argos Blockchain struggles for cash
US Fed intends to slow rate hikes as inflation begins to decline – Industry roundup: 14 December
by Monica Zangerle , Writer, CTMfile
& Thoma Bravo to purchase and privatize Coupa Software for US $8 billion.
IEA calls for Europe gas action plan next winter – Industry roundup: 13 December
by Graham Buck
Australia acts on climate change; ESMA proposals pose challenge; Deutsche Bank to re-join LBMA; Fines on FTSE100 firms quadruple
Citi uses artificial intelligence to tighten controls on digital payments – Industry update: 12 December
by Monica Zangerle , Writer, CTMfile
& Citi predicts the slowest annual global economic growth in 40 years.
Santander UK fined £107.8 million for shortcomings in its AML systems – Industry update: 9 December
by Monica Zangerle , Writer, CTMfile
& Deutsche Bank and NVIDIA collaborate to integrate artificial intelligence into financial services.
Nigeria caps ATM cash withdrawals to promote CBDCs – Industry update: 8 December
by Graham Buck
Bank of Canada hikes rate; Biggest gold ETF to use non-UK vaults; Lithium prices ease; LatAm dollar bond sales set to rally
Goldman Sachs intends to invest heavily in cryptocurrency-related initiatives – Industry roundup: 7 December
by Monica Zangerle , Writer, CTMfile
Eurosystem delays the unveiling of a new collateral management system, Track Instant Pay solution, enabling cash flow efficiencies among suppliers.
Eighth successive hike takes Australia‘s interest rate to 3.1% – Industry roundup: 6 December
by Graham Buck
IBM and Maersk shutter TradeLens; Bulk ships "transporting food cargoes"; Fit For The Future study issued; Mastercard and Vesta in LatAm partnership
Wells Fargo unveils Vantage, a persona and AI-driven digital banking platform – Industry roundup: 5 December
by Monica Zangerle , Writer, CTMfile
Crypto exchange MetaComp receives MAS approval, Amex introduces an innovative digital B2B payments platform, Binance Custody completes “SOC 2 Type 2”.
Bottomline Technologies survey finds CFOs have positive views of cash and liquidity – Industry roundup: 2 December
by Monica Zangerle , Writer, CTMfile
Cuba ransomware attacks on US organizations more than double over the past year; Ukraine central bank explores CBDC as a key element to raise capital.
US survey finds most states pro-cashless – Industry roundup: 1 December
by Graham Buck
Oil price projections for 2023; Wider band for China's yuan likely; Binance re-enters Japan via acquisition; Goldman redeploys London traders to Milan
Kyriba and J.P. Morgan Payments launch new real-time treasury solution – Industry roundup: 30 November
by Monica Zangerle , Writer, CTMfile
Crypto lender BlockFi files for bankruptcy; HSBC quits Canada, selling its business to RBC for US $10 billion.
Emerging markets could begin rate cuts by mid-2023 – Industry updates: 29 November
by Graham Buck
China goes for gold over dollar; CLOs bounce back from brief selloff; CBA leads in asset finance; Two contenders remain for Citi Banamex
UK bank Starling bans crypto-related purchases and deposits citing high risk – Industry roundup: 28 November
by Monica Zangerle , Writer, CTMfile
GlobeTopper and Knox Wire announce US$50 million global payment partnership; Digital payments firm PhonePe to acquire BNPL startup ZestMoney.
South Africa and Sweden follow Fed with rate hikes – Industry roundup: 25 November
by Graham Buck
Sweden raises rate to 2.5%; Trafigura upbeat on Europe's gas; Africa's uneven CBDC progress; UK firms' inventories rise
Indonesia plans OPEC-like cartel for nickel – Industry roundup: 24 November
by Graham Buck
US$1bn ASEAN infrastructure fund launch; Nigerian financial market "inadequate"; Convenience stores target card giants; HSBC: Pound set for 2023 rally
Morgan Stanley’s investment group unveils a US $1 billion climate-focused private equity plan – Industry roundup: 23 November
by Monica Zangerle , Writer, CTMfile
Intraday repo transactions, brand-new digital gateway, Germany’s financial authority grants crypto license to Bitpanda.
CME’s expansion will extend to weekly FX options – Industry roundup: 22 November
by Graham Buck
UK-South Africa infrastructure partnership; Downbeat report from Spain’s Cellnex; India ready for retail CBDC pilot; Stenn addresses trade finance gap
RBC collaborates with SWIFT and JP Morgan to offer cross-border payments – Industry roundup: 21 November
by Monica Zangerle , Writer, CTMfile
FTX pursues court intervention, New cutting-edge payment technology, Massive cash clean-up as banks pay back loans totalling 296 billion euros.
The FTX filing for bankruptcy, most high-profile crypto financial collapse to date – Industry roundup: 18 November
by Monica Zangerle , Writer, CTMfile
FTX's corporate control deemed ineffective and compromised, AMEX and Square collaborate, Euronet Worldwide and AeTrade join forces.
Visit us at the Working Capital Forum
by Kylene Casanova
Plan to drop by and visit CTMfile and Strategic Treasurer’s booth.
China’s regulators ask banks to report on liquidity - Industry roundup: 17 November
by Graham Buck
Embedded finance grows in MENA; India government bonds regain appeal; Microsoft launches supply chain platform; Allianz adds second trade finance fund
Crypto market chaos indicates potential risks for traditional financial markets – Industry roundup: 16 November
by Monica Zangerle , Writer, CTMfile
US banking industry unveils a proof-of-concept for a regulated digital asset settlement platform, ReadyRemit, a new cross-border payment solution.