Deploying AI in the Fight against Financial Crime
AI is turning into an essential tool to combat illegal financial activities. However, with great technological power comes greater responsibility. With deepening global connectivity, financial crimes have grown bigger and more complex by the year, amounting to more than US$5.8tr annually — or almost 7% of global GDP. FIs are on the frontlines of the […]
How to Spot a Deepfake
Deepfake videos are making the news as a developing means of financial fraud. Laurent Sarrat, Co-Founder and CEO of payments security fintech Sis ID, assists TMI in its investigation of this digital menace. There’s a new threat to corporate financial security, and it is very difficult to detect. Serving as a wake-up call for all […]
10 Reasons to Adopt Digital Trade Instruments
The digitalisation of global trade is well underway, opening the door to more innovative, accessible trade finance solutions, and supporting trade and business growth around the world. The opportunity to leverage these digital capabilities could not be better timed. The maelstrom of challenges that global trade participants continue to face has resulted in extreme uncertainty […]
How to Protect Ourselves from Unethical Al
AI is now part of everyday life. As a result, we have a technology – and one that is being continually improved – that helps us to perform tasks more efficiently. But we also want from AI is a system that will not interfere with or undermine human capabilities. One of the biggest challenges around […]
Partners in Payment Fraud Prevention
Deutsche Bahn and Deutsche Bank Deutsche Bahn, the largest railway operator and infrastructure owner in Europe, is a complex operation stretching across 14 different business units. The firm’s treasury team worked with banking partner Deutsche Bank to create an effective anti-fraud approach to its payments. Dr Gerd Berghold, Head of Treasury Operations and Digital Treasury, […]
Mercury Rising: Taking the Temperature of European Corporate Treasurers
According to this year’s responses to the EACT’s annual pan-European survey, the pandemic has not changed the top priorities of corporate treasurers. Instead, it has crystallised the need for increased digitisation. The European Association of Corporate Treasurers’ (EACT’s) annual survey reveals the top priorities for treasurers during the year ahead, identifies critical challenges facing the […]
Treasury Innovators
FIS scoops Best Cash & Treasury Management Solution and supports a duo of corporate wins The TMI 2021 Awards season emphasises the role vendors can play in the success of their corporate clients. FIS not only takes the Technology & Innovation Award for Best Cash & Treasury Management Solution itself, but two of its clients […]
Treasury Innovation on Tap: the ‘as-a-Service’ Revolution
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 […]
The 3 T’s of The Future: Tech, Treasury, and Transformation
Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast, Royston Da Costa (Ferguson plc) and Ulrika Haug (Coupa) explain […]
API Days: From Talk to Action
Since the first APIs started appearing in the bank-to-treasury space a few years ago, driven in part by the open banking revolution, there has been much talk of their transformational power. We consider the reality behind the claim, exploring the possibilities and the limitations. The promise of system flexibility, agility, and scalability is a potent […]
United We Stand: Tackling Cybercrime Together
Cybercrime and fraud are on the rise and new attack vectors are emerging with alarming frequency. Nicolas Trimbour, Head of Fraud Prevention and Chief Data Officer for Cash Management, BNP Paribas, and Laurent Sarrat, CEO at payments security fintech Sis ID, explore the latest tools and best practices for treasurers as the fightback against cybercriminals […]
Trends in RFPs and RFIs: What Treasurers Want
Eleanor Hill (TMI) invites Dick Oskam and Bert Van Drie (ING) into the TreasuryCast hotseat to find out what trends treasurers want to see emerge from the Request for Proposal (RFP) and Request for Information (RFI) space. In this informative discussion, our guests explore how a recovering business landscape is establishing a perfect opportunity for […]
Cybersecurity for Treasurers
Cybercrime and fraud is on the rise and new attack vectors are emerging with alarming frequency. In this podcast, Nicolas Trimbour (BNP Paribas) and Laurent Sarrat (Sis ID) provide an overview of the latest tools and best practices treasurers should be employing to combat cybercriminals, as well as an exploration of evolving fintech solutions and […]
Eliminating Real-Time Payments Fraud and Human Error
When new products are introduced into the financial markets, criminal enterprise will take note, with an eye for new opportunities. In many cases, criminals will repurpose an old scam, based on the new financial product’s vulnerabilities. This is why, as regulatory changes occur that are driven by business innovation, I often caution clients to look […]
