Cybercrime

In recent years, the role of the corporate treasury has been steadily evolving and transforming. Over the past decade, since the global financial crisis of 2008, the pace of this evolution has increased dramatically, and in the past few years, the strategic importance...

Do you know who to call if your ERP is hacked? How will you make payments if treasury systems are disabled? Is cyber insurance the best form of risk mitigation? These questions and more were answered during a recent roundtable discussion hosted by Abu Dhabi Commercial...

Did you know that paying a ransom to a cybercriminal, even if you do so in Bitcoin, could lead to a sanctions’ violation? That’s right, treasurers now have even more to think about – and get involved in – when...

The European Association of Corporate Treasurers (EACT) recently teamed up with TMI for the 2018 CEE Conference in Budapest – covering a whole spectrum of treasury topics for the region, from FX to geopolitical risk. One of the key plenary sessions explored...

Moving and marketing in excess of 100,000 tonnes of meat products annually throughout the world, GPS Food Group was keen to find an innovative way to make its open account trade transactions faster, safer and more competitive. The company recently participated in a...

Digital transformation is one of the hottest topics in treasury right now. Although there are many ways that treasury departments can approach digital transformation, whichever path they choose, an important first step is establishing a strong and stable core in the...

Knowing which technology innovations to invest in now, and which to put on the back burner, is a challenge for any treasurer. But it is particularly difficult for those operating in the United Arab Emirates (UAE), where the real-time digital infrastructure is still...

Every company is unique in its set-up, stakeholders, and workflows, meaning that there is no one-size-fits-all approach to implementing a treasury management system (TMS). What all corporates have in common, however, is the opportunity to leverage a TMS implementation...

Today’s treasury infrastructure is changing and, with it, the associated risks of data loss or fraud have multiplied. Within the security community, it is often said that it is not a matter of ‘if’ but ‘when’ you are going to be affected by a security...

Treasurers the world over rely on their transaction banks to provide robust services that cater to their daily financial needs – but the space has long been seen as somewhat ‘vanilla’. Now, however, technological developments and solution-driven innovations are...

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...

Corporate treasurers are the nerve centre of a corporation but their roles are quite complex. They manage everything from the corporate cash position to regulatory compliance to risk management to payments. They are also dealing with volatile market events, changes to...