Trade policy is major concern for global executives
by Kylene Casanova
In a global survey of economic conditions in March 2017, McKinsey found that executives are more bullish about the global economy now than they were in 2016
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New UK payables reporting requirements from 4 April 2017 - is your company liable?
by Kylene Casanova
Informita survey shows 77% not aware came into force on 4th April and 85% don't understand reporting requirements - here is what corporates need to do to comply
Guidelines clarify AML/CFT rules for EU funds transfers
by Kylene Casanova
The EU's banking and financial markets authorities have launched a public consultation on the abuse of funds transfers for the use of terrorist financing and money laundering
CFA challenges investment industry: transform or be disintermediated
by Kylene Casanova
CFA Institute, the investment management industry’s global think-tank and lobby group, believes industry needs to 'transform' itself or risk being 'disintermediated' in the face of industry difficulties
UK’s new Criminal Finances Bill will increase focus on corporate compliance
by Kylene Casanova
The Criminal Finances Bill will create two new corporate offences of failing to prevent the facilitation of tax evasion. Companies will need to put prevention procedures in place and increase compliance
Blockchain can work for cross-border payments: new few hours US-China solution
by Kylene Casanova
US blockchain company Wyre are in the process of acquiring Chinese payments platform Remitsy to provide US-China business payments service in which payments take a few hours rather than days
Would you offer cash to win business? 1/3 of corporate employees would
by Kylene Casanova
77% of business leaders would justify unethical behaviour to help business survive – so how can you tackle corrupt practices? Here are 5 ways to instil ethical behaviour throughout your company
RMB role and share of international payments is declining
by Kylene Casanova
From Dec 2015 to Feb 2017 fell to 6th, whilst Hong Kong clearing domination continues
Payments fraud an increasing problem for corporates
by Kylene Casanova
The percentage of companies experiencing actual or attempted payments fraud in the US has been increasing steadily for the past four years, now reaching a high of 74 per cent
Nine key risks for EU banks
by Kylene Casanova
Non-performing loans, volatile market risk, IT outsourcing and cyber attacks as well as political uncertainty and the low interest-rate environment are some of the high or medium risks face by EU banks
Brexit is still the top risk for UK CFOs
by Kylene Casanova
Brexit still tops the list of risks perceived by CFOs in the UK although, overall, optimism has reached an 18-month high as the level of perceived negative impact from Brexit decreases slightly
Is your company missing the potential value from financial audit?
by Kylene Casanova
Business leaders are missing out on potential value from financial audits, which can provide insights, identify inefficiencies or risks and help inform corporate best practice
Investors value ESG and non-financial reporting from companies
by Kylene Casanova
A survey by EY finds that the majority of institutional investors think that environmental, social and governance (ESG) risks have been ignored for too long by the business world
4 cybercrime trends: data breaches up 86%, only 6% of data encrypted
by Kylene Casanova
2016 saw a huge increase in data breaches, which increased by 86 per cent compared to 2015, with almost 1.4 billion data records being compromised worldwide during 2016
What large UK businesses need to know about new payment reporting rules
by Kylene Casanova
From 6 April, large companies in the UK will be required to report on their payment terms and practices – including the average time to pay supplier invoices
5 decision-making practices that improve value and performance
by Kylene Casanova
A recent McKinsey Global Survey found that the way companies allocate resources and make investment decisions is critical to their ability to create shareholder value
APIs, Cloud & apps will bring key transformation in transaction banking
by Kylene Casanova
A survey suggests open banking, APIs, Cloud and apps - not blockchain – will drive the major changes corporates will see in transaction banking services
The digital opportunity in the supply chain
by Kylene Casanova
In an interview with McKinsey's David Schwartz, the two digital experts outlined some of the things executives should be doing and thinking differently when it comes to digital innovation
3 steps towards the Internet of Payments
by Kylene Casanova
The Internet of Things is set to change how individuals and companies pay. But what will it take for us to feel comfortable with connected devices in the supply chain authorising payments?
Financial services face 6 obstacles to blockchain adoption
by Kylene Casanova
Before blockchain can change the world of financial services – from remittance, trade finance, securities trading and insurance – it will have to overcome six key challenges
The 5 skills ‘agile finance leaders’ need
by Kylene Casanova
Businesses supported by agile finance leaders with these five core skills are considerably more likely to report positive revenue growth and increasing profitability
77% of EU firms to reduce UK capacity as result of Brexit - UBS
by Kylene Casanova
Uncertainty related to the UK's exit from the European Union, together with the uncertainty of the new US administration's policies, are the main political risk factors perceived by Eurozone corporates
5 steps to start your FASB transition project
by Kylene Casanova
Eighty per cent of CFOs say their company has not yet begun preparations to adopt the FASB lease transaction reporting standards that come into force in the next two years
Are your payments safe from these 8 cyber risks?
by Kylene Casanova
Do you know the eight types of cybercrime that could affect your payments and financial operations? An EPC report gives some detailed analysis on how to mitigate cyber fraud risks