Federal Reserve moderates US interest rate hikes – Industry roundup: 23 March
by Graham Buck
Commodities finance "resistant to turmoil"; IMF support package for Ukraine; Digital currency firms go Swiss; Nigeria cash shortage boosts eNaira
Payments - Receipts
Background
Collecting bills efficiently, on-time and with a minimum of bad debts is essential in any business. Bill collection, unlike collecting payments at the point of sale, involves granting the buyer credit…
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Bundesbank sees Germany’s economy heading for recession – Industry roundup: 21 March
by Graham Buck
ISO 20022 coexistence underway; Russian court freezes VW's assets; South Africa launches rapid payments prog; Mongolia debuts first green bond
Credit Suisse gets US$54 billion state help – Industry roundup: 16 March
by Graham Buck
Bank of America gain from SVB failure; India "uses SWIFT for Russia dollar trade"; US regulators differ on stablecoin; Binance ends sterling transfers
Damage limitation continues after US bank failures – Industry roundup: 14 March
by Graham Buck
Power outages pressure SA banks; Three emerging new financial hubs; Argentina's debt swap; Viterrra gets sustainability-linked funds
India in new push for digital payments – Industry roundup: 9 March
by Graham Buck
EU set to launch green subsidy scheme; Turkey raises US$2.25bn in bond deal; Credit Suisse delays 2022 annual report; More UK manufacturers re-shore
Climate change to cost German economy billions, warns report– Industry roundup: 7 March
by Graham Buck
UK challenger banks step up SME loans; Citi expands Paris office; Bybit powers crypto Mastercard in EU, UK; Women-led investment firm launches
BIS chief says fiat currency has defeated crypto – Industry roundup: 23 February
by Graham Buck
More ECB rate hikes expected; Iraq turns to yuan for China imports; Insurance warning on electric vehicles; Mastercard Anzac crypto payments
China moves to support post- zero Covid recovery – Industry roundup: 16 February
by Graham Buck
CFOs braced for slower growth; Avaya files for bankruptcy again; World Bank chief to step down; Markets “riding US$1 trillion liquidity wave”
China to establish renminbi clearing in Brazil – Industry roundup: 9 February
by Graham Buck
HSBC launches e-commerce digital payments in HK; Deutsche Bank eyes two crypto stakes; AI-powered crypto in demand; China to access Russian titanium
Digital pound “likely before 2030” – Industry roundup: 7 February
by Graham Buck
Roubini predicts challenge to USD; Volatile dollar raises hedging cost; Australia lifts bank rate to 3.35%; Bond scarcity fears in Europe
China to expand digital yuan testing – Industry roundup: 2 February
by Graham Buck
UK issues plans to regulate crypto; Gmail creator sees ChatGPT ousting Google; Eurozone and UK hike interest rates; Raiffeisen earns more from Russia
Global commodity trading “on cusp of next normal”– Industry roundup: 31 January
by Graham Buck
BP trims outlook for energy demand; Nigeria launches AfriGo card; Stan Chartered to open Philippines services hub; Montenegro teams with Ripple
Brazil and Argentina propose shared currency – Industry roundup: 24 January
by Graham Buck
Big banks work on Apple Pay rival; Sweden's rare earths discovery; New use cases for China's digital yuan; Pakistan food group plans IPO
India may give Visa and Mastercard access to its payments market – Industry roundup: 19 January
by Graham Buck
Bank of America chief promotes ESG; Deutsche Bank's CNY1bn Panda Bond; Saudi J-v targets strategic minerals; Five evolving cybercrime trends
Bayer to shift focus away from Europe – Industry roundup: 17 January
by Graham Buck
American firms turn to convertible bonds; Thailand to allow virtual banks; Standard Chartered upbeat on India; US creates digital assets body
New year begins with major green bond offerings – Industry roundup: 5 January
by Graham Buck
Air France-KLM opts for ESG bonds; Bike producer backpedals from China; TCH taps SWIFT for its new chief; Denmark's cashless banks deter criminals
IEA calls for Europe gas action plan next winter – Industry roundup: 13 December
by Graham Buck
Australia acts on climate change; ESMA proposals pose challenge; Deutsche Bank to re-join LBMA; Fines on FTSE100 firms quadruple
Nigeria caps ATM cash withdrawals to promote CBDCs – Industry update: 8 December
by Graham Buck
Bank of Canada hikes rate; Biggest gold ETF to use non-UK vaults; Lithium prices ease; LatAm dollar bond sales set to rally
US survey finds most states pro-cashless – Industry roundup: 1 December
by Graham Buck
Oil price projections for 2023; Wider band for China's yuan likely; Binance re-enters Japan via acquisition; Goldman redeploys London traders to Milan
Emerging markets could begin rate cuts by mid-2023 – Industry updates: 29 November
by Graham Buck
China goes for gold over dollar; CLOs bounce back from brief selloff; CBA leads in asset finance; Two contenders remain for Citi Banamex
UK bank Starling bans crypto-related purchases and deposits citing high risk – Industry roundup: 28 November
by Monica Zangerle , Writer, CTMfile
GlobeTopper and Knox Wire announce US$50 million global payment partnership; Digital payments firm PhonePe to acquire BNPL startup ZestMoney.
South Africa and Sweden follow Fed with rate hikes – Industry roundup: 25 November
by Graham Buck
Sweden raises rate to 2.5%; Trafigura upbeat on Europe's gas; Africa's uneven CBDC progress; UK firms' inventories rise
Indonesia plans OPEC-like cartel for nickel – Industry roundup: 24 November
by Graham Buck
US$1bn ASEAN infrastructure fund launch; Nigerian financial market "inadequate"; Convenience stores target card giants; HSBC: Pound set for 2023 rally
CME’s expansion will extend to weekly FX options – Industry roundup: 22 November
by Graham Buck
UK-South Africa infrastructure partnership; Downbeat report from Spain’s Cellnex; India ready for retail CBDC pilot; Stenn addresses trade finance gap