Uncertain future prompts US firms to build cash and short-term investments
by Ben Poole
An AFP study finds that though corporates are reporting improved business performance in Q2, they are building up cash and short-term investments.
North America
New APIs to aid cash management decision-making
by Ben Poole
The new APIs from Afinis Interoperability Standards aim to help corporates better access detailed financial data across banking platforms.
How 5G will shake up global payments and benefit businesses
by Ben Poole
Verizon Business and Mastercard are partnering to bring 5G to the global payments industry.
Currency volatility sees multinationals lose almost US$10bn in Q1
by Ben Poole
Kyriba's Currency Impact Report for Q1 2021 shows North American companies were particularly badly hit with US$5.87bn in negative currency impacts.
Significant increase in US cash holdings attributed to pandemic
by Ben Poole
The 2021 AFP Liquidity Survey finds organisations continue to maintain more than 50% of their short-term investments in bank deposits.
BofA expands digital B2C payment offerings
by Ben Poole
The Pay to Card solution supports US and cross-border transactions via bank cards.
Asset managers’ adoption of disruptive technologies lagging
by Ben Poole
An Accenture report finds AI, cloud and technology platforms could help improve the client experience and drive more customised products and services.
Treasury salaries stifled in the past year
by Ben Poole
Research from the AFP has shown the increase in the base salaries of treasurers in 2020 was lower than previous years.
Innovative payments developments that should be on treasurers’ radars
by Ben Poole
Both Citi and FIS have announced payments-related news that has the potential to make a big impact for corporates.
US treasurers cautiously optimistic entering Q2 2021
by Ben Poole
Data from the Association for Financial Professionals shows US firms built cash in Q1 2021 at a significantly lower rate than the previous quarter.
The US$6.16bn cost of FX headwinds
by Ben Poole
Kyriba’s Currency Impact Report for Q4 2020 shows the cost of currency volatility on North American and European corporates.
No ‘run’ on prime MMFs when COVID-19 hit
by Ben Poole
ICD data informed the portal provider's comments to the SEC on potential money market fund reform measures.
Transforming accounts payable with Bank of America
by Ben Poole
The bank's Complete AP automated solution integrates with accounting and ERP technology to deliver process enhancements for corporates.
65% of financial professionals blame pandemic for increase in payments fraud
by Ben Poole
The 2021 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan, found business email compromise fraud attempts at 62% of companies.
Global real-time payments surged 41% in 2020
by Ben Poole
ACI Worldwide research highlights the shift to digital, while US faster payments schemes continue to evolve.
80% of CFOs want improved capital allocation processes
by Ben Poole
An EY study has found more than half (56%) of finance execs say their capital allocation strategy needs to be completely rethought.
US corporate cash adds over US$1 trillion in 2020
by Ben Poole
Analysis by The Carfang Group finds overall corporate cash hit US$3.82 trillion last year, with corporate holdings of MMFs up 64%.
2021 treasury cash investment trends revealed
by Ben Poole
An ICD survey shows the most popular investment instruments for treasurers in both the Americas and Europe, as well as challenges treasurers face.
Finance execs adapting controls and reporting to beat COVID challenges
by Ben Poole
A survey from KPMG has found that the pandemic has had a major impact on corporate finance reporting processes in the US.
Green deposits sprouting in the US
by Ben Poole
MUFG Union Bank has launched green deposits for its corporate clients in America.
COVID-19 forced US middle market companies to embrace digital banking
by Ben Poole
A report from Greenwich Associates suggests that this move could be bad news for America's regional and community banks.
US business spend sentiment slowly improving
by Ben Poole
The Coupa Business Spend Index has revealed modest gains in specific sectors, but spend sentiment remains below trend.
US faster payments competition one step closer
by Ben Poole
The Federal Reserve has announced the FedNow pilot programme participants.
Post-COVID, large corporates will remember helpful banks
by Ben Poole
The 2020 Greenwich Leaders report covering US large corporate banking, cash management and trade finance charts the impact of the pandemic.