New Zealand a step closer to open banking
by Graham Buck
Payments New Zealand has released a set of standards to accompany technology developed for 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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The time-stamped data can help firms monitor interest rate, equity, forex, credit, commodity and structured product OTC derivatives.
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The credit ratings agency said banks could weather the storm, despite the financial impact.
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Business uses for artificial intelligence are relatively low but in future AI is set to play a much bigger role in creating value
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by Bija Knowles
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Financial statements are not the most reader-friendly of documents – a project is underway to improve communication
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by Bija Knowles
EU and global policy-makers are forging ahead with recommendations on climate-related disclosures – what are the financial benefits?
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by Bija Knowles
Two Japanese chemical firms have this month announced their support for the Task Force on Climate-related Financial Disclosures
AI use rises as businesses embrace augmented intelligence
by Bija Knowles
More than a third of organisations have implemented artificial intelligence in some form, according to a survey by Gartner
Developing case for and implementing a global treasury centre in Netherlands
by Christoph Nelischer , Advisory Board Member, Complex Countries
Define scope; review the possible triggers; evaluate whether the advantages apply to your organisation; and then ensure maximisation of
5 ways to position finance as a strategic business partner
by Bija Knowles
Financial executives are too often excluded from strategic decision-making and not perceived as strategic partners
5 compliance trends to look out for in 2019
by Bija Knowles
Compliance trends and milestones for larger corporates – according to financial crime and fraud solutions company NorthRow
What will financial reporting look like in five years?
by Bija Knowles
From machine learning to real-time data and increased digital interaction, financial reporting is about to become unrecognisable
Bad financial decisions cost firms more than 3% of profits
by Bija Knowles
Bad decision-making by management is denting profits by more than three per cent, according to a recent study by Gartner
Top 10 reads of 2018: Fintech, Brexit and CFO behaviour
by Bija Knowles
The 10 best-read articles in 2018 highlight themes of fintech, TMS, treasury apps, payments, cybersecurity, Brexit and CFO behaviour
10 shifts in treasury and payments in 2019 and beyond
by Bija Knowles
East & Partners predict ESG disclosures will be the norm, FX risk management is increasingly strategic and trade finance to go digital
70% of tax professionals delay Making Tax Digital For VAT
by Bija Knowles
The UK's digital tax initiative, Making Tax Digital for VAT, could fall flat as finance teams unsure on technology and process changes
Bank tech outages up 138% but cyberattack not main threat
by Bija Knowles
Over-confidence in change management is main cause of financial services IT outages according to the Financial Conduct Authority
Improved use of technology will ease taxpayer compliance
by Bija Knowles
Better tax software, real-time reporting and data analytics are transforming tax compliance but little progress in global average
AI, Cloud, RPA can cut up to 35% off finance costs
by Bija Knowles
Digital technologies can reduce the cost of financial processes within large organisations, making them leaner and more cost effective
3 critical stages for implementing financial automation
by Bija Knowles
Robotic process automation promises to speed up and automate financial processes but avoid these three critical points of failure
Reporting on sustainability factors just got easier
by Bija Knowles
The SASB has codified the first industry-specific sustainability accounting standards covering 77 industries