KPMG partners on blockchain for telecom settlements
The Big Four accounting firm is pooling resources with a trio of tech giants, TOMIA, Microsoft and R3, on the initiative
Operations
Background
The large majority of the work in a corporate treasury department is administration, transaction processing and non-discretionary decision making. This absorbs most of the time and resources in the…
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American CFOs departing while the going is good
A buoyant stock market may be prompting finance chiefs to retire before a downturn hits, reports the Wall Street Journal
India’s CFOs ‘plan increased spend in 2019’
Nine in 10 believe that improving cash and working-capital management will be more important this year than in 2018
Standard Chartered, UAE Exchange partner on cash management services
The bank’s corporate clients will be able to deposit cash via the 150+ UAE Exchange branches located across the Emirates
New blockchain accelerator attracts Amazon and Deloitte
A total of 20 ‘blue chip and crypto firms’ are said to be involved with the accelerator, dubbed Startup Studio
Australia’s NAB develops employees’ data and analytics skills
Data is the currency of the future, according to the ‘Big Four’ bank, as it launches two in-house education initiatives for employees
Neo gets green light for corporate multi-currency account
The ‘open network for the smart economy’ plans to launch the multi-currency account in four countries in early 2020
Why can’t post-trade be more like Amazon?
by Emma Johnson, Director, regulatory and market initiatives, securities services , Deutsche Bank
If a washing machine can be ordered from Amazon and delivered next day, why can’t a purchased security be credited as speedily?
Global blockchain-based settlement platform planned for telecoms
The Communications Blockchain Network (CBN), announced this week, is expected to go live later this year
Singapore scores for Asian transaction banking
The city state’s banks top customer satisfaction levels in the region for key products and services, an East and Partners survey finds
Twelve banks join Acin operational risk management platform
The regtech start-up said Credit Suisse, Standard Chartered and Société Générale are among the dozen to have signed up
AI and automation ‘vital in tackling IT chaos and complexity’
A new programme launched by a Cisco subsidiary reflects the growing demand for artificial intelligence for IT operations (AIOps).
Cyber attackers turn attention to smaller businesses
Big businesses are still the favourite target, but hackers are increasingly vulnerable warns insurer Hiscox.
The extinction of corporate treasury?
by Geri Westphal, Founding Partner, LeanUp, LLC,
We are nowhere near the finish line
How should you behave? Have you any ethics? Does your boss have?
New online guide to Ethics In Banking And Finance from UK Finance and LinkLaters is for boards, non-executive directors, and senior man
New Zealand a step closer to open banking
Payments New Zealand has released a set of standards to accompany technology developed for the initiative.
IHS Markit adds OTC derivatives valuation data for FX
The time-stamped data can help firms monitor interest rate, equity, forex, credit, commodity and structured product OTC derivatives.
Moody’s says UK banks can withstand no-deal Brexit
The credit ratings agency said banks could weather the storm, despite the financial impact.
Global risk assessment predicts more geopolitical tensions and protectionism
Multinationals must contend with growing geopolitical tensions, protectionism and trade disputes, warns Marsh.
AI will drive revenue, profits and shareholder value
Business uses for artificial intelligence are relatively low but in future AI is set to play a much bigger role in creating value
Timeline for Making Tax Digital (VAT)
The shift to digital tax returns and calculations means that businesses will need to adopt or update their accounting software
What is driver-based planning and how did it help Coca-Cola?
How a project to improve supply chain processes led to leaner finance, automated planning and optimised reporting
Better communication in financial statements – IFRS proposal
Financial statements are not the most reader-friendly of documents – a project is underway to improve communication
The push towards green disclosures: How will you benefit?
EU and global policy-makers are forging ahead with recommendations on climate-related disclosures – what are the financial benefits?