Preparing for the Next Crisis: 10 Steps for Treasurers
No-one can predict where the next crisis will come from, or what form it will take. It could be another wave of Covid-19, or a different challenge altogether. Regardless of the source of any future turmoil, treasury teams can build on lessons learned from 2020 to be better prepared. Here, three HSBC experts share their […]
Open Banking in the Middle East: Driving Adoption
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 […]
Leading by Example: Almoayyed International’s Digitisation and Automation of Treasury Department
A diverse conglomerate, with more than 30 operating business units across the GCC, Almoayyed International Group (AIG) is constantly exploring avenues to improve finance and treasury processes through digitisation and automation. Here, Ajay Jain, CFO, AIG, outlines the transformation journey the group has been on with the help of BNP Paribas – and explains how […]
Leapfrogging into the Digital Age: Smarter Treasury in MENA
Looking from the outside in, the Middle East and North Africa (MENA) region still conjures up numerous business stereotypes – from entirely paper-based payment workflows to over-dependence on oil as a driver of economic growth. On the ground, however, these stereotypes are being swiftly overturned as governmental visions for a digital and sustainable future are […]
How a Macroeconomic Watershed is Leading to Microeconomic Opportunities
The world economy is arguably at a historical watershed. Think of an accelerated industrial revolution, rapidly developing new technology and a big shift in economic power from West to East. These trends are widely accepted, although their magnitude and speed may not be. Naturally, governments and corporates are redirecting their policies and strategies accordingly – […]
Strength in Numbers: Delivering the Power of Digital in MENA
Digital disruption is exploding across the Middle East, North Africa, Pakistan and Turkey (MENAPT) region. With some of the highest smartphone penetration rates in the world, digitisation across these markets is being driven by new technologies, consumers, governments and businesses alike. For treasurers already operating in this market, or those looking to support their organisation’s […]