The Need for Speed
How Treasurers are Making the Most of Instant Payments Instant payments is a topic that receives plenty of coverage, often under the assumption that everyone wants and needs it. Is this really the case for treasurers, and if so how and where does it fit? TMI spoke to Louis-David Rouyer, Deputy Head of Payments and […]
Tech Deficit Leaves UK and Swiss Banks Ill-Prepared for Green Finance
New research shows the majority of banks and financial services organisations in the main European trade finance hubs of the UK and Switzerland are missing out on significant opportunities that meet the decarbonisation agenda. Almost nine out of 10 UK banks or financial services organisations (89%) and 56% in Switzerland admit to having lost out […]
Why the World of Crypto Assets is Not a Good Place to Play Hide and Seek
Fraudsters, current and potential, planning to conceal their ill-gotten gains in the world of crypto assets are now having a rude awakening. Their actions will almost certainly leave a trail, and aspects of the transparent nature of the underlying blockchain technology often enable ‘hidden’ crypto assets to be both found and seized, much more quickly […]
NFTs in Treasury? Establishing Use Cases in Trade Finance and Beyond
The world’s first trade finance-based non-fungible token transaction in 2021 highlights the need for treasurers to understand the technology behind tokenisation and the practical implications that it could have for corporate finance.
SCF Optimisation in Three Words: Supplier Relationship Management
Treasury and procurement should be strong partners, especially when it comes to managing supply chain finance. Yet despite the advantages for all parties of such programmes, often there are not enough hours in the day to get the best from them. Enter the third-party supplier relationship manager. Andrew Burns, Vice President Europe, C2FO, explains. With […]
Crypto, CBDCs, DeFi and the Treasurer
Ingka Group, the largest franchisee of the IKEA brand, with 390 stores in 32 countries, is not currently using digital currencies, but is following their progress closely. It is building its knowledge and understanding of the market, and assessing when the right time might be to engage, and how. TMI talks to Michael Aandahl, Head […]
Digital Gold Creating Yield for Treasurers
When the first ever government-backed, sharia-compliant, gold-based financial infrastructure was launched in Indonesia this month, it signalled new ways of thinking about corporate payments and yield generation. TMI decided to find out more. Payments systems come and go, with various capabilities attributed to each. But when one solution is touted as a “transformation of an […]
What CBDC Experiments Mean for the Real Economy
The use of digital currencies in legitimate commercial settings took a sizeable step forward recently with the first ever live settlement of a fund using Central Bank Digital Currency (CBDC) tokens. What is the impact of this successful transaction on the real economy? When Banque de France (BDF) successfully completed a Central Bank Digital Currency […]
All Round the Houses
The Pain Points of the New ISO 20022 Structured Address Block With Version 9 XML on the horizon, it is time to question the logic of mandating corporates to de-merge data only for banks to merge it again in the validation process. Here, we ask for your feedback to measure the potential impact of this […]
SCF for International Trade: Exploring New Frontiers
Cash management is critical for any business, as are well-managed operating costs and productivity, not to mention more efficient processes and relationships with suppliers. Supply chain finance (SCF) programmes tick all the boxes in delivering the above. Big retailers globally have successfully implemented SCF programmes for more than a decade, with many taking advantage of […]
Regulatory Round-up with the EACT
The European financial regulatory environment is one of the most homogenised in the world and yet it still forces corporate treasurers to stay constantly alert for local nuances, revisions and wholesale changes. With the current European Parliament’s term running from 2019 to 2024, now is a good time to cast an eye over what is […]
Thriving in the 2020 Treasury Ecosystem
As we enter a new decade, treasurers must learn how to juggle their traditional responsibilities alongside the new reality of disrupted business models and game-changing technologies, says Steve Elms, EMEA Region Sales Head, Corporate and Public Sector, Treasury and Trade Solutions, Citi. Proactive engagement with treasury stakeholders – existing and new – will be paramount, […]
Payments Painkiller – Tackling Compliance Headaches
Now more than ever, treasurers need to take action to reduce the risks around payments – especially when it comes to sanctions compliance. Here, Joerg Wiemer, CEO, Treasury Intelligence Solutions (TIS) GmbH explains how centralising sanctions screening, and integrating it into the payment process, can help to keep corporates safe from compliance breaches. Eleanor Hill, […]
The Future of Treasury Is Now – Are You Ready?
Everyone loves a sneak preview, and here Michael Spiegel, Head of Cash Management, Deutsche Bank, gives Eleanor Hill, Editor, TMI, an exclusive peek at the results of one of the hottest treasury surveys going. Read on to discover what your peers really think about the role of AI and blockchain within the treasury function. Also […]
Financial Crime Compliance: A Growing Challenge for Corporates
Financial crime incorporates many types of activity, including fraud, bribery and corruption, insider dealing, terrorist financing and money laundering. Tackling these illicit activities is a major concern for regulators, and is reflected in new legislation like the EU Fourth Anti-Money Laundering Directive. The focus on financial crime has also resulted in banks – and, increasingly, […]