Treasury News Network

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Cash & Liquidity Management

Renminbi still second currency between Malaysia and China

by Kylene Casanova

The US dollar is still the dominant currency for payments between Malaysia and China/Hong Kong, accounting for almost nine in 10 transactions (87 per cent) in terms of value of payments.

Payments - Receipts at POS

Is Europe ready to eliminate cash?

by Kylene Casanova

The European Parliament is supporting No Cash Day on 5 April but, despite impressive uptake of contactless and other e-payment methods in northern Europe, cash's allure is enduring.

Payments - Receipts at POS

Mobile market hotting up for payments and money transfer

by Kylene Casanova

Mobile payments, including m-commerce, person-to-person (P2P) mobile money transfers, and mobile proximity payments, are set to grow exponentially in the next three years.

Payments - Receipts

EACHA to produce ACH framework for instant euro payments

by Kylene Casanova

A group of payments industry bodies led by EACHA is due to present the business requirements for ensuring risk management, clearing and settlement and interoperability for instant payments in euro.

Financing

Invoice discounting a key tool for efficient treasury

by Kylene Casanova

More than seven in 10 corporate treasurers (71%) indicated that invoice discounting is one of the key ways in which treasury can provide tangible value for the company.

Operations

MiFID II delayed until January 2018

by Kylene Casanova

The Markets in Financial Instruments Directive (MiFID II) will come into force on 3 January 2018, meaning a one-year delay in its application.