FATCA compliance deadline postponed by six months
by Kylene Casanova
US Department of the Treasury and Internal Revenue Service (IRS) agreed a six-month extension
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Continuous Linked Settlement system as at July 2013
by Kylene Casanova
CLS has 63 Settlement Members and over 9,000 third parties: split by value .....
SEPA‘s global impact
by Kylene Casanova
SEPA is affecting payment systems and payments world-wide, particularly in the surrounding countries who have intensive trade relationships with the eurozone who are embracing the new
Kyriba v13.1 update includes enhanced - FX workflows, SEPA compliance and eBAM
by Kylene Casanova
Kyriba, a supplier of cloud-based treasury management solutions, has released Kyriba 13.1, bringing new foreign exchange (FX) and risk management workflow to the company's SaaS-based
Monetizing inventory and receivables
by Kylene Casanova
Samuel Matthew's, head of solutions structuring, transaction banking, at Standard Chartered, article in The Asset magazine highlighted several key features in monetizing inventory and receivables
Structure of FX market to fundamentally change in next three years?
by Kylene Casanova
GreySpark Partners, a London-based capital markets consultancy, 'Trends in FX Trading 2013' report examines how e-commerce trends, macroeconomic forces and new capital markets
Is your corporate treasury department too lean to implement appropriate and effective compliance con
by Kylene Casanova
Deloitte recently published 'Enterprise compliance: The Risk Intelligent approach' which reviews "what is needed for organizational units, and geographies, enabled by people, processes, and
BELLIN releases Electronic Guarantee Issuance facility for tm5
by Kylene Casanova
Currently, most guarantee management uses paper documents for requests, issuing, commissioning and confirming between corporate and banks for hedging counter-party risk, etc. The recent
Nordea’s Global Cash Pool: the real-time cross-border, cross-currency cash pooling service .....
by Kylene Casanova
Nordea’s Global Cash Pool (GCP) provides access to client’s overall liquidity using balance netting to provide real-time cross-border, cross-currency cash pooling. Balance netting is much more
E&Y working capital 2013 survey shows US and European companies have US$1.3 trn of cash uneccess
by Kylene Casanova
The results for companies' WC performance in 2012 in the Ernst & Young report, show diverging trends between the US and Europe, with cash-to-cash (C2C) increasing by 2% in the US from its
AFP Guide to Global Short-Term Borrowing
by Kylene Casanova
AFP's Liquidity Management Guide to Global Short-Term Borrowing has just been released. The focus is on managing the danger areas such as liquidity risk, market risk, counterparty risk,
PWC SEPA survey now shows only 30% of corporates in June expect that they will not be ready for 1 Fe
by Kylene Casanova
In Hans Orga's excellent webinar, 'The SEPA deadline is quickly approaching: Fast track your SEPA migration' on 4 July, Ernes Zelen from PWC's Netherlands office, talked about the PwC survey
Automatic cross-border RMB sweeping set to go live in China
by Kylene Casanova
China's central bank is set to give the go-ahead to for the two-way cash sweeping of RMB
U.S. Bank’s new SAP® consolidated payables link is another example of SAP’s direct to bank connectiv
by Kylene Casanova
U.S. Bank today announced the availability of their payment application that enables clients to integrate their SAP enterprise resource planning software with U.S. Bank's payment origination
ecr research: dollar to become strongest currency
by Kylene Casanova
"Following the 2008 credit crisis, the US economy hovered on the edge of the abyss. The Federal Reserve's response was to lower its benchmark interest rate to near zero. In addition
LIBOR interest rate controlled by NYSE Euronext starts early 2014, but will it generate confidence
by Kylene Casanova
But why will this generate confidence in LIBOR? It doesn't seem really independent enough
Selecting cash flow forecasting systems and services
by Kylene Casanova
Key differentiators in cash flow forecasting systems and services are:
March of Renminbi: Standard Chartered RGI hits 1,000-mark but mild slowdown in store
by Kylene Casanova
RGI, reached a new high of 1,002 in May, up 8.4% from the previous month
MyBank E-mandate pilot (October 2013-February 2014) opens door for creating, modifing and canceling
by Kylene Casanova
MyBank, the new multi-bank Online Banking ePayment (OBeP) system which allows consumers to make purchases using their most trusted financial institutions - their banks, announced today
Dodd-Frank is increasing the complexity of managing financial risk and the future of derivatives hed
by Kylene Casanova
"Corporate treasurers have long used derivatives hedging to bring stability and predictability to their financial position. Now the safety net is riddled with holes, thanks to uncertainty about global
Tri-party Repos now available on 360T
by Kylene Casanova
Tri-party Repos are now available on the 360T trading platform. The new service is fully integrated with Clearstream - see figure - and uses either GMRA (bilateral) agreements as well as the new
Protect your passwords until there is something better
by Kylene Casanova
Eventually, many years henceforth, our digital identity will be protected by three-factor authentication - a knowledge factor ("something the user knows", e.g. password), a possession factor
Mobile and online payments via the card schemes under threat from Pingit, Zapp, Ideal and MyBank
by Kylene Casanova
In the UK last week Barclays revealed it was planning to extend its mobile phone number-based P2P payments service, Pingit, to retailers. Launching soon, the Buyit feature will let users make
Payment card interchange under threat as another retailer lawsuit in USA against Visa and MasterCard
by Kylene Casanova
Major retailers in USA have rejected an antitrust settlement and started a new action.