PSD2

Pressure on cash management and working capital looks set to be more intense than ever in 2024, forcing treasurers to be resourceful and innovative to protect capital and help navigate their companies through the year ahead.

The Single Euro Payments Area (SEPA) is an integration initiative that is the cornerstone of Europe’s efficient financial market. It comprises 36 countries, including several that are not members of the EU. SEPA enables financial transactions (both in cash and...

15 Critical Regulatory Changes for European Treasurers Much like the sound of thunder follows a fork of lightning, financial regulation tends to follow a crisis. With European treasurers still adjusting to the post-Covid reality coupled with war in Ukraine, the...

When Europe-wide retailer Kingfisher Group wanted to find a way for higher-spending customers of its Castorama and Brico Dépôt retail home-improvement outlets in France to pay for their goods, BNP Paribas responded with a unique instant Account-to-Account payments...

Businesses are being left behind as many banks continue to focus on the consumer market. Laurent Descout, CEO at TMI Innovation Lab entry Neo, argues that it is time for treasurers to look beyond the traditional corporate banking model. Banks’ investment into...

As the EACT celebrates its 20th anniversary, let us reflect upon its journey to the visionary and respected organisation it is today.

An untapped opportunity is a rare prize in the corporate treasury community, but open banking offers this potential. By leveraging the digital infrastructure that open banking creates, corporates can harness real-time data, benefit from new ways to pay and collect...

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...

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...

Treasurers have much to gain from a co-ordinated programme of digitalisation. With some forethought and planning, the benefits of advanced technologies are there for the taking, says Michael Kolman, Chief Product Officer, ION Treasury.    The real...

The role of treasury, and the corporate treasurer, has been evolving over the past decade. And there’s no turning back – pandemic or no pandemic, ‘the new normal’ is here to stay. The business landscape is being shaped not just by Covid-19, but by digitisation,...

As corporations pivot towards digital business models to help weather the Covid-19 pandemic, regulation continues to shape the European payments industry. Treasurers must prepare for the changes that Strong Customer...