Industry roundup: 11 January
by Graham Buck
Kuwait targets sustainable finance; US jobs market turbulence to continue; Omicron to extend chip shortage; Milestone for UAE's Al Manassah
Risk Management
Background
Risk is the potential that a chosen action, including the choice of inaction, will lead to a loss or an undesirable outcome. Any business carries some risk, but some are much more risky than others.…
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Venture capital “catching up on ESG issues”
by Graham Buck
Traditionally slow in considering environmental, social and governance aspects, venture capital firms have started to push for the adoption of ESG
Industry roundup: 6 January
by Graham Buck
Increased cyber risk expected; Standard Chartered HK responds to Omicron; DailyPay launches real-time digital wallet; Tradeling partners with MODIFI
Industry roundup: 4 January
by Graham Buck
China pilots digital yuan wallet app; Philippines first digital corporate bond; Omnicron upsets office returns; Pakistan framework for digital banks
Curtain falls on the LIBOR era
by Graham Buck
After 35 years, the London Interbank Offered Rate is disappearing for new derivatives and loans
Industry roundup: 27 December
by Pushpendra Mehta , Executive Writer, CTMfile
Cybercriminals likely to attack more businesses in 2022
Industry roundup: 21 December
by Graham Buck
Bank of Montreal buys Bank of the West; Vegan firms assessed; Maersk supply chain partnership with Unilever; Deutsche Bank's LatAm return
Appliance of science to Walmart’s supply chain finance
by Graham Buck
The retail giant’s claims an “industry first” in introducing science-based targets for its sustainable SCF programme
Industry roundup: 16 December
by Graham Buck
HSBC details plans to end coal financing; New landmark for digital yuan; Western Union in Ukraine team-up
Industry roundup: 14 December
by Graham Buck
Commerzbank tightens rules on fossil fuel; BIS focus on cross-border payments; Rho raises US$75m for expansion; Worldline, Bex Pay partner in Brazil
Cross-border payment fraud a growing headache
by Graham Buck
Six in 10 businesses in the US and the UK report that it is a continual risk, reports PYMNTS.com and Worldpay B2B Payments in their latest bulletin
Industry roundup: 9 December
by Graham Buck
Citi expands cross-currency sweeps; Bangladesh factories join PrimaDollar's ESG scheme; China begins phase two of digital yuan
Industry roundup: 7 December
by Graham Buck
More cyber risk insurance captives expected in 2022; Standard Chartered Tanzania opens digital branch; Standard Bank sweet on AfCFTA’s potential
Russia sanctions could include disconnection from SWIFT
by Graham Buck
The US warns that major economic penalties will follow if Putin pushes ahead with a military escalation in Ukraine
Further work needed on supply chains, warns McKinsey
by Graham Buck
Companies have only partly addressed the weaknesses exposed by Covid-19, suggests the consultancy
Product recalls still high in Europe: Sedgwick
by Graham Buck
New and changing regulation, increased scrutiny of environmental and sustainability practices and widespread operational challenges are cited
US sees easing of supply chain problems
by Graham Buck
Reports highlight six recent more positive developments
Industry roundup: 19 November
by Kylene Casanova
Banks to report hacks within 36 hours in US, regulatory compliance affects the progress of digital transformation, and pandemic risks reduced
Industry roundup: 17 November
by Kylene Casanova
Ways to manage climate-related financial risks, SaaS payment management for optimization of financial, net financing changes in UK
Industry roundup:16 November
by Graham Buck
Covid’s toll on Vietnam set to impact global supply chains; Standard Chartered completes US$250m Saudi repo deal; BBVA bid for full control of Garanti
Insurers get the message on climate change, says BlackRock
by Graham Buck
While geopolitical risk is still their top concern, environmental risk has moved up the agenda
Ripple plans 2022 launch for Liquidity Hub
by Graham Buck
The new product will serve as an aggregator for comparing the cost of currencies across different sources
Industry roundup: 11 November
by Graham Buck
AFP holds first in-person conference for two years in Washington; Crypto for corporate treasury Meow raises US$5m; India's CredAble launches SME app
Industry roundup: 5 November
by Kylene Casanova
Financial gateway to assist airlines, first successful green finance project complete by BIS Innovation Hub and Hong Kong Monetary Authority