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.
North America
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.
Amid economic uncertainty, businesses embrace change
by Ben Poole
A JPMorgan Chase survey shows US businesses focused on contingency planning, increased cash buffers, and digital platforms and processes.
U.S. Bank virtual trade show looks to boost supplier diversity
by Ben Poole
The event built on a commitment by the bank to double partnerships with Black-owned suppliers by June 2021.
Forecasting to remain critical in 2021
by Ben Poole
Limited ability to meet increased service requests threatens to hinder finance teams’ effectiveness, according to the 2020 AFP FP&A Survey.
FNBO using SWIFT gpi data to support international business growth
by Ben Poole
The First National Bank of Omaha has used the solution to remove friction from its clients' cross-border payments.
US business owners remained resilient in challenging year
by Ben Poole
Despite a cautious near-term outlook, BofA research finds entrepreneurs anticipate a strong environment post-pandemic.
US corporates embracing electronic B2B payments
by Ben Poole
While the AFP 2020 survey shows the benefits that digital payments offer corporates, it also notes the cyber security awareness that firms must show.
American Express adds to supply chain solution for large US corporates
by Ben Poole
The firm's Early Pay solution now includes digital payment features designed to help businesses save time, money and maximise cash flow.
Volatility stifles significant growth in US business confidence
by Ben Poole
A Citizens index shows steady economic improvement, while The CFO Survey predicts employment and revenues to remain below pre-COVID levels until 2021.
Feeling abandoned during crisis, US businesses are switching banks
by Ben Poole
Data from Greenwich Associates also shows that for the first time since COVID-19, US businesses are optimistic about the economy.
Banks stepping up to help protect corporates from fraud
by Ben Poole
Both JPMorgan Chase and NAB have recently announced moves to help protect businesses from fraud while managing their cash flow.
Treasury innovation at Alphabet, Dräger, and Peloton recognised by AFP
by Ben Poole
Google's parent company, a medical technology firm and a fast growing US exercise equipment company are the finalists for the AFP 2020 Pinnacle Award.