Treasury management systems ‘falling short of needs’
by Graham Buck
There’s increased recognition of technology as a risk management enabler, but many TMSs aren’t full supportive, a Citi survey finds
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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ESG ‘has become integral part of investment process’
by Graham Buck
Most organisations are making sustainability a major consideration, reports Morgan Stanley Investment Management
BoE governor: Many firms ‘unready for no-deal Brexit’
by Graham Buck
Mark Carney believes three in four UK businesses have done as much as they can, but 150,000 firms would be unable to export
LGIM adds more big names to climate change blacklist
by Graham Buck
Legal and General Investment Management adds five companies, including oil giant ExxonMobil, judged to be laggards
Turkey introduces cheaper liquidity facility
by Graham Buck
The Central Bank of Turkey announced earlier this week that primary dealer banks would be able to access cheaper funding
Payments fraud makes heavier impact on UK companies
by Graham Buck
Despite higher levels of awareness and precaution, businesses are losing more and recovering less, a survey suggests
Poland’s Alior Bank uses blockchain for document authentication
by Graham Buck
The Warsaw-based bank will allow customers to check on their authentication and integrity using the public ethereum blockchain
Twelve banks join Acin operational risk management platform
by Graham Buck
The regtech start-up said Credit Suisse, Standard Chartered and Société Générale are among the dozen to have signed up
Trump tariffs create working capital strains for US firms
by Graham Buck
Companies are resorting to various measures in response to the administration’s tariff-heavy trade policy, a report finds
Kyriba flexes its muscles after Bridgepoint deal
by Graham Buck
The cloud treasury and financial solutions provider sketched in some background detail to its busy first half in 2019.
Big tech a threat to financial stability, warns IMF
by Graham Buck
The concentration of power among a small number of mega corporations is a concern, says IMF chief Christine Lagarde.
Swiss regulator fines five banks €90m for FX cartel
by Graham Buck
Traders at Barclays, JP Morgan, Citigroup, MUFG and Royal Bank of Scotland were found guilty of collusion by Weko.
US healthcare sector’s CFOs focus on IT system integration
by Graham Buck
A survey by industry researcher Black Book identifies it as their main IT challenge, reflecting a lack of investment in recent years.
Fraudsters target Australia’s instant payments system
by Graham Buck
Westpac, one of the country’s big four banks, revealed that its PayID lookup function had been infiltrated.
Ford collides with China’s antitrust regulator
by Graham Buck
The US motor giant’s Changan unit is fined US$23.6m with warnings that a list of “unreliable” foreign businesses is being compiled.
Netherlands central bank concerned by financial stability threats
by Graham Buck
The prolonged era of low interest rates offers little incentive for reducing debt loads, warns De Nederlandsche Bank (DNB).
AI and automation ‘vital in tackling IT chaos and complexity’
by Graham Buck
A new programme launched by a Cisco subsidiary reflects the growing demand for artificial intelligence for IT operations (AIOps).
Stripe adds chargeback protection feature as option
by Graham Buck
Available to Stripe users in North America and Europe from today, the feature is priced starting at 0.4% per transaction.
Moody’s supports new liquidity requirement for India’s non-banks
by Graham Buck
The new LCR, to be phased in from April 2020, is among a number of measures introduced since the demise of a major lender last autumn.
Bank of America warns trade wars to dent US corporate profits
by Graham Buck
The bank’s top stock strategist warns clients that the S&P 500 has yet to reflect the impact the US-China trade dispute may have on ear
Walmart signs up for blockchain to track pharmaceuticals
by Graham Buck
MediLedger’s aim is to establish an “open and decentralised network for the pharmaceutical supply chain.”
Boom in captive insurers writing third-party risks
by Graham Buck
The digital era is driving double-digit growth as technology makes it easier for companies to offer insurance to customers and supplier
Trump tax breaks ‘saved US corporations US$91bn’ in 2018
by Graham Buck
The Tax Cuts and Jobs Act passed in late 2017 cut the rate of corporate tax from 35% to 21%, but many companies reduced it further.
Strong customer authentication rules ‘may dent EU internet economy’
by Graham Buck
The new legislation risks making an impact of up to €150bn when it is introduced this September, warns Stripe.