Fed resumes rate hikes; ECB to follow – Industry roundup: 27 July
by Graham Buck
Santander plans US expansion; China names new PBOC chief; Investment industry unconvinced by CBDCs; Revival at Rolls-Royce
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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China aims to boost private investment – Industry roundup: 25 July
by Graham Buck
JPMorgan's Chase arm to launch in EU; Nigeria adds NFC upgrade to eNaira; UPS resumes talks to avert strike; Algeria applies to BRICS
World Bank chief sees “window of opportunity” for India – Industry roundup: 20 July
by Graham Buck
UK and Turkey to update trade deal; Climate change 'may end 9-5 workday'; China's e-yuan gains traction; SG wins France's first full crypto licence
India and Indonesia plan cross-border payments link – Industry roundup: 18 July
by Graham Buck
Renault chief sounds supply chain alarm; Trade finance robust as growth slows; Trans Pacific trade members view expansion; More Europeans turn to BNPL
Faster and instant payments may result in a surge in payment fraud
by Pushpendra Mehta , Executive Writer, CTMfile
As FedNow real-time payments service gears up for launch in the US, and the pace of funds transfer accelerates, a spike in payment fraud is expected.
Quantum digital payments move closer – Industry roundup: 6 July
by Graham Buck
BRICS members diverge on expansion; UK proposes voluntary ESG code; Eurozone business activity shrinks; China lenders cut dollar deposit rate
Study shows CBDC projects now in 130 countries – Industry roundup: 29 June
by Graham Buck
Executive pay linked to ESG goals; US study focuses on supplier payments; HKMA aims to restructure banking system; Quant launches Overledger Platform
EU bank plans debut ‘debt-for-nature’ swap – Industry roundup: 22 June
by Graham Buck
Powell indicates Fed plans more rate hikes; Bank hikes UK rates to 5%; Yuan heads lower against the dollar; India to raise US$244m for infrastructure
IMF works on a central bank digital currencies platform – Industry roundup: 20 June
by Graham Buck
CHAPS transitions to ISO 20022; Hong Kong aims to boost stock market; Thailand debuts green and blue bond; Cyber attack hits European Investment Bank
More US rate hikes to come, says the Fed – Industry roundup: 15 June
by Graham Buck
Investors return to Japan; Clearstream, Consort1 expand repo market access; Lithium is focus of EU-Argentina MOU; Appetite revives for green bonds
The future of payments success: embracing ePayables and real-time payments
by Pushpendra Mehta , Executive Writer, CTMfile
CFOs in key sectors drive adoption of new payment methods, fostering supplier and customer relationships while positioning for digital success.
New York is world’s most expensive city – Industry roundup: 8 June
by Graham Buck
SWIFT to test blockchain interoperability; Bank of Canada continues rate hikes; Sequoia Capital three-way split; CAB Payments plans London listing
US Treasury resurrects one-day bills – Industry roundup: 6 June
by Graham Buck
Australia surprises with rate hike; Hong Kong green bonds raise US$6bn; Japan's tourism revival boosts wages; Vote decides future of UK's CBI
Fourteen countries agree new supply chain network – Industry roundup: 30 May
by Graham Buck
Insurers exit climate alliance; OCBC and ADDX in tokenisation initiative; Indosat-Mastercard digital partnership; Honk Kong lifts crypto restrictions
Germany’s economy entered recession in Q1 – Industry roundup: 25 May
by Graham Buck
Two banks breached UK competition rules; South Africa hikes rates for 10th time ; Citi drops Banamex sale plans; AIIB plans emergency funding
India announces end of the 2,000 rupee banknote – Industry roundup: 23 May
by Graham Buck
Bank of Israel hikes rates again; Book claims state-sponsored Libor rigging in 2008; US companies rush to borrow; Study identifies ESG pay boost in US
A Glimpse into the US Payment Landscape
by Corporate Treasury 101
Craig Jeffery, founder of Strategic Treasurer, breaks down the Payments Industry to the Corporate Treasury 101 podcast hosts, with a focus on the U.S.
New York Fed and MAS explore potential for wholesale CBDCs in cross-border payments
by Ben Poole
The pair revealed the results of the joint Project Cedar Phase II x Ubin+ experiment.
Election uncertainty pushes Turkish lira to record low – Industry roundup: 16 May
by Graham Buck
China opens new Swap Connect prog; Singapore's new anti- crime platform; Thailand's economy buoyant in Q1; Amex closing non-US business FX ops
Clock ticking for US government debt ceiling rise – Industry roundup: 9 May
by Graham Buck
Malaysia-Indonesia payments link; Europe banks on bigger gas price drop; Apple returns to bond market; Free trade benefits for Africa outlined
South Korea to open climate tech hub in 2024 – Industry roundup: 4 May
by Graham Buck
US retailers welcome FedNow; Covid creates need for extra training; Fed hints at easing rate hikes; SocGen warns of credit crunch fallout
US efforts continue to rescue First Republic – Industry roundup: 27 April
by Graham Buck
New milestone for Chinese yuan; Visa has ambitious crypto plans; Report bullish on CBDCs; Distressed US firms opt to restructure
BRICS flexes muscles as it challenges US dollar – Industry roundup: 25 April
by Graham Buck
China, Singapore unite on sustainable finance; Chile to nationalise lithium reserves; Meloni upbeat on MPS sale; Zimbabwe's digital currency plans
AI set to transform supply chain management – Industry roundup: 13 April
by Graham Buck
Canada keeps rates on hold; Renminbi share of trade finance grows; Mastercard adds Cross-Border Services Express; Tranglo expands into Europe