The Future of AML: From Regulation to Real-World Results
Eleanor Hill (TMI) sits down with Peter Reynolds (ThetaRay) live at the 2025 Sibos Conference to discuss how developments in AML are changing the day-to-day reality of transaction banking. Together they explore the impact of Europe’s new single AML rulebook, the rise of AI-driven compliance, and how greater transparency, data governance, and harmonisation promise to […]
M&A Made Easy: How to Mitigate Treasury Risks
Mergers and acquisitions (M&As) present a broad range of opportunities for corporates’ growth and expansion, but they also carry risks that can undermine the success of even the most well-planned transactions. The treasury function is critical in ensuring that these risks are appropriately identified, assessed, and mitigated to preserve financial stability and maximise value creation. […]
KYC: How to Streamline Customer Reference Data in Treasury Processes
In this podcast, Cornelia Hesse (EACT/ VDT) speaks to Noëlle Belmimoun (ArcelotMittal/ AFTE), Patrick Holemans (SWIFT), Séverine Le Blévennec (Aliaxis), Tarek Tranberg (EACT) and Stephan Wolf (GLEIF) about how treasurers can streamline customer-reference data and due diligence processes in treasury applications. Our guests consider the initiatives which can lower the burdens of data-heavy treasury and […]
Banking-as-a-Service 101
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. […]
ISO 20022: What is it and Why is it so Important?
Standards make the world go round and in payments, it’s no different. ISO 20022 is coming into force for all payments – and looks set to revolutionise the financial landscape. For many of us who have spent a career in payments, ISO 20022 (referred to in the industry as ‘ISO twenty-oh-two-two’) is imprinted permanently on […]
Cash Pooling: Well Worth the Cost of Compliance
Independent treasury consultant Bas Rebel picks his way through the ‘minefield’ of fiscal and regulatory reforms surrounding cash pooling and examines the advantages and challenges to prove the overall benefit case of this method of liquidity management is still strong. Cash pooling is in the crosshairs of regulators and tax authorities. This scrutiny increases the […]
Step Away from the Edge: Facing the KYC Cliff
With the average global treasury team reportedly spending more than one day each week dealing with know your customer (KYC) requirements, compliance remains a significant pain point for treasurers worldwide. What progress is being made to help treasurers – and their banks to overcome this headache? Are regional approaches worthwhile or should we be holding […]
Treasury Management Ripe for Disruption
The corporate treasury function is undergoing tremendous digital and technological transformation, triggered by the emergence of new technologies that are redefining the way treasury functions are being conducted. The emergence of Instant Payments, Process Automation, Open Banking and APIs will propel the treasury function from ‘managing transactions’ to the higher trajectory of ‘managing strategic drivers’. […]
Flying the Standard: Taking IFRS 16 Leases to the Next Level
The new lease accounting standard, IFRS 16, is now in effect. Many companies are still getting to grips with the changes to their financial reporting, with all leases coming onto the balance sheet for the first time. But beyond initial implementation, IFRS 16 is also enabling companies to capitalise on the transparency the new standard […]
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, […]
Turbocharging Treasury: Aspen’s Accelerated Efficiency Journey
Building a European treasury hub from scratch is no mean feat – especially when you are aiming to take efficiency gains to a whole new level. Here, Christian Fraisl, Head of Accounting, VAT & Treasury and Regional Compliance & Ethics Officer, Aspen Healthcare, and Bhairav Mehta, Head of Cash Management, BNP Paribas, South Africa, explain […]
Blockchain is Shifting Data and Risk: Here’s How it Can Benefit Your Bottom Line
Many companies have a hard time with managing data and how it moves across organisations – or more commonly, how it doesn’t. The result is that big corporations and large financial institutions like banks often end up unintentionally segmented into silos. They then operate de facto as several smaller companies – with data becoming the […]
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, […]
Innovation for Cash Management – Continuous Improvement Brings Greater Efficiency
Treasury departments today, in any corporation, are constantly striving to improve payment processes and procedures. By automating their payment processes to ensure timely and accurate delivery of payments is achieved, banks and their corporate clients can significantly improve the management of cash and the integrity of cash and payment reporting. Today banks and treasury departments […]