Since Brexit, banks have been charging customers to deposit euros into their euro accounts in London, forcing costs to soar. TMI asks an industry expert why this is happening and what can be done about it. Businesses have been used to paying low fees for their European banks to transfer euros to their euro accounts […]
An industry survey conducted by the European Association of Corporate Treasurers (EACT) has revealed that treasurers are now recognising the value of the vast quantities of data at their disposal. When it is appropriately used – crunched, consolidated and analysed – it enables better, smarter decisions and faster reactions to crises. In fact, two-thirds of […]
Businesses are being left behind as many banks continue to focus on the consumer market. Laurent Descout, CEO at TMI Innovation Lab entry Neo, argues that it is time for treasurers to look beyond the traditional corporate banking model. Banks’ investment into systems has mainly been focused on the needs of consumers, with limited consideration […]
The collapse of Silicon Valley Bank and the impact on stressed tech companies should be a lesson to treasurers about where and how they deposit vital funds. Laurent Descout, CEO and Co-Founder of Neo, offers treasury teams a timely reminder of four simple steps to mitigate the risk. On 14 March 2023, the largest US […]
Following the EU’s provisional instant payments agreement, Laurent Descout, Founder and CEO of TMI Innovation Lab entrant Neo, takes a closer look at the legislation, exploring its implications for corporates. The European Council and European Parliament struck a provisional agreement towards the end of 2023 requiring all payment service providers (PSPs) operating in the EU […]
