Cybercrime and fraud are the subjects of perennial concern for banks and corporates. And as the world continues to digitalise rapidly, opening up new avenues of attack for increasingly sophisticated cybercriminals, their worries are only intensifying. With Nicolas Trimbour, Head of Fraud Prevention and Chief Data Officer for Cash Management, BNP Paribas, and Laurent Sarrat, […]
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 […]
BNP Paribas scales new heights, winning seven TMI Awards in tandem with its clients As corporate branding goes, BNP Paribas’ trademark green could not be more appropriate – the bank is leading the pack in terms of its sustainability commitments and solutions, and is TMI’s 2021 Global Bank of the Year for ESG. Bank Awards […]
Since 2018, when Open Banking was launched in the UK and Europe’s revised Payment Services Directive (PSD2) was implemented, regulators around the globe have embraced a shift towards innovation that, finally, is helping the end-consumer. Indeed, the spirit of Open Banking has been a catalyst for many initiatives in different regions. Open Banking has now […]
EY’s recent report on the state of the corporate, commercial, and SME banking market points to a number of problems in the sector, before providing several solutions. Treasurers interested in moulding the future with their key partners should get involved in the discussion now. EY’s report, ‘How will banks transform to build the next generation […]
Politicians may be reshaping global supply chains, but businesses are still confident they will find growth in new markets, according to a new HSBC report. The latest HSBC Navigator: Now, next and how survey of more than 9,100 companies in 35 countries and territories finds that 47% are more optimistic now than in 2018, with […]
Let’s frame a desired global outcome in as uncontroversial manner as possible – greater prosperity for a greater number of people, ideally all people, and improved human wellbeing. What scenarios and behaviours are specifically preventing this outcome, and conversely which ones would enable it, today and in the future? For all its faults and volatility, […]
Deutsche Bank wins Global Bank of the Year for Innovation, driven by its flagship in-house banking as a service offering Throughout 2021, despite the global challenges caused by the ongoing pandemic, Deutsche Bank delivered several cash management innovations. For example, in partnership with Treasury Intelligence Solutions (TIS), the bank has developed a new payment fraud […]
Standard Chartered embraces the art of possible, taking home 11 Awards for its innovative digital and ESG-focused transaction banking solutions With an advisory solutions-based approach, a focus on ease of integration, and innovation through collaboration driving co-creation of solutions with clients and fintechs, Standard Chartered is a powerhouse in the Asia Pacific region. In recent […]
Research from Finastra, unveiled today at its flagship (virtual) industry event – Finastra Universe – shows changing priorities for corporate banks and their customers over the next five years. It reveals that corporate banks are moving away from the traditional ‘relationship builder’ approach of client interaction and management (where they build wider banking relationships with […]
The current downturn is having a devastating and potentially fatal impact on small and medium-sized enterprises. But there are steps financial institutions can take to add value to the experience they deliver to the businesses known as ‘the backbone’ of most economies. Here, Anders la Cour, CEO, Banking Circle, examines the insights delivered by the […]
In terms of geographical and economic scope, China’s Belt and Road Initiative (BRI) has far exceeded initial expectations. And while the current coronavirus outbreak has caused business interruption affecting China as a whole, trade goes on, and it is going on specifically as a result of the BRI. Opportunities abound, and as more and more […]
Adam has recently been promoted to Interim Group Chief Financial Officer – Etihad Aviation Group What is the major way in which you think your treasury organisation differs from that of your peers? Our treasury function is extremely diverse and looks after a large part of the broader finance function compared with our peers. Our […]
Bank of America’s intelligent innovations give treasurers a clear view ahead Any initiative that makes a treasurer’s working day easier is welcomed by the community. So, it comes as no surprise to see Bank of America scoop two of TMI’s coveted Technology & Innovation Awards in 2021 for its mobile app and forecasting developments, while […]
The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss the reaction from different central banks to the emergence of CBDCs, consider the potential implications of these currencies on global economies, […]
If you’ve not heard of Banking-as-a-service (BaaS) yet, do not be alarmed. It’s a relatively new concept that is still mostly concerned with retail banking. But its application for transaction banking is beginning to create waves. TMI wrote about Goldman Sachs’ all-new ground-up transaction banking build in October and again in November of last year. […]
Much has been said of Covid-19’s effect on businesses. Many organisations have had to adapt in order to work more flexibly and adhere to social distancing. In some cases, well-established, traditional industries have managed to maintain some degree of normality during lockdown. However, it cannot go unnoticed that many organisations – especially smaller businesses – […]
Market awareness of the impending shift from Inter-bank Offered Rates (IBORs) to new risk-free rates (RFRs) is strong, but corporates are yet to kick their preparations into gear. Businesses will need to identify the full extent of their exposures and adjust their contracts and infrastructure to accommodate the new rates. But they will also need […]
In this Treasury Snapshot, François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, EACT, gives TMI the inside track on some of his latest projects, including a pilot of SWIFT’s KYC Registry. He also shares his thoughts around developing young talent and preparing treasury for the future. What is top of […]
