Industry roundup: 4 January
by Graham Buck
China pilots digital yuan wallet app; Philippines first digital corporate bond; Omnicron upsets office returns; Pakistan framework for digital banks
North America
Industry roundup: 3 January
by Kylene Casanova
Purchasing cards on rise, digital peso by 2024, Bank South Pacific enables FX transactions between digital and Islamic banks, Small business struggles
Industry roundup: 23 December
by Graham Buck
SEC proposes further money market fund reforms; SWIFT eyes expansion into digital assets; US waiting game for cross-border payments and more
Industry roundup: 21 December
by Graham Buck
Bank of Montreal buys Bank of the West; Vegan firms assessed; Maersk supply chain partnership with Unilever; Deutsche Bank's LatAm return
Appliance of science to Walmart’s supply chain finance
by Graham Buck
The retail giant’s claims an “industry first” in introducing science-based targets for its sustainable SCF programme
Industry roundup: 15 December
by Kylene Casanova
Global supply chain disruptions, BBVA Switzerland is first in Europe to use Ethereum into its service, AML solutions expand into the Baltic region
Cross-border payment fraud a growing headache
by Graham Buck
Six in 10 businesses in the US and the UK report that it is a continual risk, reports PYMNTS.com and Worldpay B2B Payments in their latest bulletin
U.S. Treasury Department and FinCEN fight against global corruption: New rule effective February 7, 2022
by Kylene Casanova
Effective in early 2022, shell companies will be required to report beneficial ownership information (BOI) details on who controls the company.
Industry roundup: 2 December
by Graham Buck
Standard Chartered US$100m fund targets Gulf markets; Square changes name to Block; User testing starts for T2; Verto joins forces with Banking Circle
The Bank of London launches today
by Graham Buck
The Bank of London, the UK’s sixth principal clearing bank has been four years in development and has a US$1.1bn valuation
US sees easing of supply chain problems
by Graham Buck
Reports highlight six recent more positive developments
Industry roundup: 11 November
by Graham Buck
AFP holds first in-person conference for two years in Washington; Crypto for corporate treasury Meow raises US$5m; India's CredAble launches SME app
Consumer demand for instant payments IS GLOBAL
by Jack Large
Citi’s Instant Payment service now available in 28 markets and growing at 100%+/year
Stablecoins need regulating, says US report
by Graham Buck
Operators of the digital tokens should be treated similarly to banks, according to regulators
US firms still cautious on cash, reports AFP
by Graham Buck
US companies are continuing to steadily accumulate cash, the latest quarterly survey from the Association for Financial Professionals suggests
Facebook launches low-key pilot of Novi digital currency wallet
by Graham Buck
Facebook has launched a low-key pilot of Novi, its digital currency wallet, with a limited number of people in the US and Guatemala
Goldman Sachs partners with American Express on cash management
by Graham Buck
Goldman Sachs is partnering with American Express in a bid to upgrade its digital cash management offering
US corporates urged to accelerate exit from LIBOR
by Graham Buck
US corporate treasurers and financial institutions are being urged to accelerate their move away from LIBOR
Industry roundup: 6 October
by Jack Large
News in brief, featuring Ciit's holistic digital policy, HKMA CBDC questions, KPMG ESG investment
ESG’s increasing visibility in short-term investments
by Ben Poole
BNY Mellon's LiquidityDirect platform has expanded its suite of short-end investment options and added ESG analytics for clients.
Stablecoins in treasury? WonderFi takes the plunge
by Ben Poole
The company's announcement comes as stablecoins are garnering headlines for increasingly catching the eye of regulators.
Managing people effectively tops treasury risk priorities
by Ben Poole
The 2021 AFP Risk Survey also found 47% of those managing risks at their organisations have been propelled into a more strategic role.
Tapering? Maybe this year, maybe not
by Ben Poole
A Moody's Analytics report looks at when the Fed might start to taper off some of its bond purchases instigated by the impact of COVID-19.
How COVID propelled an AP automation drive
by Ben Poole
MineralTree research highlights the progress finance teams have made in AP automation and the barriers still to overcome.