by Kylene Casanova
Australia is to become the first major global economy to scrap its benchmark interbank borrowing rate. The Australian Financial Markets Association (AFMA) has today (27 March) unveiled sweeping c
by Kylene Casanova
Most corporate treasuries have set up their regional corporate treasury departments in Asia-Pacific in either Hong Kong or Singapore. China is now aiming to change this as it tries to upgrade its
by Kylene Casanova
Developing and retaining talent is a challenge for any treasury department. Even though the U.S. job market is still struggling, an individual with the right combination of education and experience can
by Kylene Casanova
SEPA Direct Debit mandate administration is a huge problem in moving from the legacy national direct debit schemes. There is a growing number of DD mandate management systems and services
by Kylene Casanova
The Financial Services Club meets in the London once a month to listen to interesting characters and personalities in the financial services business.
by Kylene Casanova
Atradius Group, which provides trade credit insurance, surety and collections services worldwide, carryout an annual Payments Practices Barometer survey in Asia-Pacific region. The 2012 survey of
by Kylene Casanova
Citi has extended its Common Depository services to Asia Pacific following the appointment by Euroclear Bank and Clearstream, the International Securities Depositories (ICSDs), to provide sub-
by Kylene Casanova
Immediate payment systems make payments within a few second which are cleared the same day, and mostly operate 23/7or 24/7. They are being launched world-wide to support retail e-commerce. Not only, consumers are us
by Kylene Casanova
SWIFT, today announced that the Real Time Gross Settlement (RTGS) systems have gone live on SWIFTNet in Macau and Taiwan.
by Kylene Casanova
HSBC has implemented a renminbi (RMB) cross-border payments and collections solution for a Fortune 500 company in China. It provides a centralised approach to cash management by enabling
by Kylene Casanova
At the Eurofinance Conference in Frankfurt on 18 March senior managers at the ECB and the European Payments Council repeated that the EU is determined that the February 2014 launch date will
by Kylene Casanova
OB10 are pushing hard to provide fully integrated services across Europe. They are setting up interoperability partnerships and adopting the new standards.
by Kylene Casanova
These are: account receivables and payables files: make sure all bank codes are converted to up-to-date BICs (Bank Identity Codes) and the bank account numbers are converted to up-to-date
by Kylene Casanova
The International Chamber of Commerce's new Bank Payment Obligation best practice standard may mark a new era in Financial Supply Chain. SWIFT and Bottomline Technologies claim that it
by Kylene Casanova
A new report by Greenwich Associates claims that Basel III bank capital adequacy requirements are poised to increase pricing on trade finance. Greenwich suggests that this could accelerate the
by Kylene Casanova
GlobalCollect, a leading multi-channel payment service provider, announced the further expansion of its Asia Pacific operations with the opening of their Shanghai office. In addition, the company also
by Kylene Casanova
Many organizations are finding better ways to plan and control by eliminating budgets and replacing them with a series of more effective processes. Steve Player, Program Director, Beyond Budgeting Round Table, North
by Kylene Casanova
Recent research showed that more than half of financial services groups in the UKJ have poorly applied or no controls for managing business-critical spreadsheets, leaving them open to the problems that led to the $6
by Kylene Casanova
The traditional world of derivatives, consisting of both listed and over-the-counter (OTC) instruments, is undergoing significant change. Clearing of OTC derivatives through central counterparties has grown rapidly
by Kylene Casanova
Cindy Fryer, Senior Director-Treasury, Endo Health Solutions presented at AFP Annual Conference 2012 her 10 tips for ensuring debt compliance which included:
by Kylene Casanova
To protect their department from cyber risks treasurers can deploy cyber insurance. According to Aon Risk Solutions, while less than 10 percent of companies bought cyber insurance coverage in 2008, that number has m
by Kylene Casanova
SunGard announced today that its virtual card volume through its integrated B2B payments solution AvantGard PayNetExchange in 2012 increased by 384%. AvantGard PayNetExchange allows companies to operate smarter and
by Kylene Casanova
Betty Fan, senior consultant at Element Consulting Group in the USA, an advisor of shipping companies and manufacturers, in an article in 'the corporate treasurer', recommends an integrated approach from all busines
by Kylene Casanova
The UKCards Association figures for fraud in the UK in 2012 show that:
