India looks further afield for corporate funding sources
by Graham Buck
The government is reported to be in talks with foreign lenders, as India’s banking system might not provide the US$14.5bn sought
Region
Amex targets US small businesses with new credit card
by Graham Buck
The American Express Blue Business Cash Card can assist a healthier cash flow and access to more business opportunities says its issuer
More UK companies named and shamed as late payers
by Graham Buck
BAE Systems, Centrica and Prudential are among 18 businesses deemed as unethical for late payments to suppliers
Geopolitical tensions increase Singapore’s treasury appeal
by Graham Buck
The city state’s political stability, plus transparent legal and regulatory systems, make it an attractive corporate treasury location
Corporates respond to prospect of lengthy trade war
by Graham Buck
With a prolonged, even deepening US-China trade dispute likely, companies are looking to banks for trade and financing solutions
Blockchain loses its allure for investors
by Graham Buck
With bitcoin and other cryptocurrencies restored to favour, blockchain investment this year could be 60% down on 2018, data suggests
FIME launches testing tool for open banking APIs
by Graham Buck
The new solution enables banks and third-party providers to verify APIs against Payment Services Directive (PSD2) standards
Swift hails successful cross-border payments integration with FAST
by Graham Buck
The integration of Swift gpi Instant with Singapore’s domestic instant payment service has accelerated payment times
American CFOs departing while the going is good
by Graham Buck
A buoyant stock market may be prompting finance chiefs to retire before a downturn hits, reports the Wall Street Journal
US farming sector’s working capital ‘critically low’
by Graham Buck
The past five years have seen a massive drain in its liquidity and the country’s current trade disputes aren’t helping, a study finds
UK uptake of open banking ‘hampered by PSD2’
by Graham Buck
A report by advisory firm Fingleton Associates finds that progress has been made, but more is needed for open banking to gain traction
Asian Infrastructure Investment Bank seeks global deals
by Graham Buck
Its recent annual board of governors meeting in Luxembourg, where two agreements were signed, was the first to be held outside Asia
Market volatility widens FX losses for North American companies
by Graham Buck
Four consecutive quarters of increasing losses saw the figure climb to US$23.4bn in the first three months of 2019, reports Kyriba
India’s CFOs ‘plan increased spend in 2019’
by Graham Buck
Nine in 10 believe that improving cash and working-capital management will be more important this year than in 2018
South Korean banks and telecoms in blockchain initiative
by Graham Buck
Samsung Electronics, KEB Hana Bank and Woori Bank are among seven consortium members that plan to develop a network
Australian banks told to beef up capital buffers
by Graham Buck
Three of the country’s Big Four are each requested to set aside an additional A$500m by the Australian Prudential Regulation Authority
Yes Bank uses blockchain for commercial paper issue
by Graham Buck
The transaction of behalf of Indian conglomerate Vedanta is said to be the first digital issue of commercial paper using the technology
JP Morgan unveils low-cost robo advisor
by Graham Buck
The bank is releasing a digital investing service called You Invest Portfolios, which has been several years in development
China’s Tencent moves further into supply chain finance
by Graham Buck
The internet-based tech and investment giant promises to lower costs for suppliers after completing its first transaction last month
Mastercard expands real-time payments to gig economy workers
by Graham Buck
The growth of temporary and short-term contracts has seen workers seek quicker access to the next pay cheque than via payroll schemes
Blue Motor Finance, Lloyds partner on instant payment API
by Graham Buck
The partnership will focus on a ‘Faster Payments and Direct Debit API’ for motor traders and dealerships
Australian banks face ‘legacy hangover’ in real-time payments shift
by Graham Buck
An impending problem for the country’s big four and their competitors is identified in a paper issued by the New Payments Platform
More US insurers using exchange-traded funds
by Graham Buck
A Greenwich Associates/Invesco study finds more in the sector employing ETFs, with three main motivators identified
Neo gets green light for corporate multi-currency account
by Graham Buck
The ‘open network for the smart economy’ plans to launch the multi-currency account in four countries in early 2020