Supporting Structures: Meeting Treasury’s Key Challenges for 2022 and Beyond
What are the major forces at work within treasury in 2022? Eleanor Hill invites 3 experts from BNP Paribas, Bruno Mellado, Bruno Francois, and Vincent Marchard, to answer exactly that! Our guests provide a detailed overview of three key themes – payments, SCF, and ESG – to ascertain how the profession has adjusted during a […]
Update on The Pain Points of the New Structured Address Block (Part 2)
Last April [1], Mark Sutton, Senior Manager, Corporate Treasury Advisor, Zanders, questioned the proposed industry logic that would require corporates globally to provide a full structured address as part of the adoption of the new XML Version 9 payments message. The article included an online survey to assess the potential impacts. Today, Zanders shares a […]
Account-to-Account Payments Place Treasurers at the Heart of the Digital Payments Revolution
With non-cash payments on the rise, a jump in e-commerce business models, and real-time payment clearance systems increasingly prevalent, innovation is thriving in the retail payments space. A recent TMI webinar explored account-to-account payments to analyse how they can help treasurers support the digital transformation of their organisation. The retail payments arena is in the […]
2022 Expert Predictions: A Year for Innovation in Banking and Payments
Banking Circle Group asked industry experts about their predictions and expectations for 2022. Which trends will continue? Will emerging innovation reach the mainstream? What are the opportunities and challenges for which the banking and payments industry should be preparing? The year for the full B2B finance stack Søren Mogensen, Chief Growth Officer, Banking Circle, believes […]
From ISO 2022 to EPI: the Industry Initiatives Driving Treasury Transformation
Data-driven services have transformed the retail banking experience, and are now firmly on the agenda for corporate treasurers. A recent survey by Icon Solutions found that 79% of banks recognise expectations from corporate clients are increasing. Real-time cash balances (84%), enhanced security and fraud prevention (74%) and real-time balance dashboard (70%) are offerings that corporates […]
It’s Now or Never: Keeping Pace with Real-Time Payments
Treasurers in business-to-business (B2B) sectors can no longer write off real-time payments as ‘only fit for consumer industries’. Value limits are increasing and usage is trending upwards [1] [2]. What’s more, innovation is bringing added value – ranging from request-to-pay to confirmation of payee services and embedded real-time foreign exchange solutions. Two experts from Barclays […]
Marketplace Heroes
How Treasurers Can Keep the Cash Flowing Freely Online marketplaces are increasingly seen as one of the most effective ways of leveraging customer and seller relationships. A successful ecosystem requires the provision of a seamless experience for all, creating both challenges and opportunities for treasury, says Basak Toprak, Head of eCommerce solutions in EMEA, J.P. […]
How Request to Pay Will Transform the Payments Landscape
Request to Pay – a new standard for requesting a payment – is being built on top of the existing payment infrastructure throughout Europe. With a patchwork of account-to-account solutions already covering a wealth of different use cases, how will Request to Pay change the payments ecosystem? In a recent Banking Circle webinar, Sarah Lauridsen, […]
Becoming a Real-Time Treasury Champion
HSBC experts Thomas Halpin and Suraj Kalati take a seat with TMI Editor Eleanor Hill in the virtual TreasuryCast studio to determine why real-time treasury matters now more than ever. Amongst a wealth of real-time treasury insights, our guests explain how treasurers can leverage the data produced by instant payments and collections to improve liquidity […]
The Rising Velocity of Cash and Data: Establishing a Real-time Treasury
As real-time payments and collections gain traction, the velocity of cash is accelerating. In turn, treasurers must move away from outdated systems and batch processing, while exploring the possibilities of real-time investing. They must also learn how to handle and analyse swathes of data ‘on demand’, to make the most of the 24/7/365 environment. Four […]
Introducing the Winners
Banks and Vendors Take Treasury to New Heights Bank Awards Where better to start this celebration of innovation and excellence than with the Global Bank of the Year for Cash And Liquidity Management – HSBC. Throughout 2020, the bank added to its digital capabilities, with a new cash flow forecasting tool and an enhanced mobile […]
Can’t Touch This
Serrala Creates Frictionless AP and AR Cloud Solutions TECHNOLOGY & INNOVATION AWARDS Accounts Payable & Receivable Solution For the sixth year running, Serrala has been awarded the Best Accounts Payable & Receivables Technology Solution by TMI. In 2020, the acclaimed vendor of finance and treasury solutions launched touchless receivables and payables tools that are invaluable […]
Treasury Professionals Lead the Way in Payment Technologies
The fifth annual Bottomline Business Payments Barometer pinpoints the beliefs, sentiments and expectations of financial professionals from across the payments industry. With research respondents including treasury professionals from 400 of the UK’s largest corporates and enterprises, it delivers unique insights into the drivers of change in 2020 and ahead. Subjects covered this year include technological […]
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 […]
Time to Get Up to Speed with Instant Payments
Believe it or not, real-time payments are already changing the face of treasury. They offer an opportunity to rethink legacy payments, collections and liquidity management processes, glean valuable data, and add strategic value to the business. Instant payments are also a huge enabler of real-time treasury. But the rewards can only be reaped if treasurers […]
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 […]
Request to Pay: The Next Chapter in Collections Innovation
While the media may be full of talk of cryptocurrencies and blockchain, a quiet revolution in payments is gathering momentum: the emergence of real-time Request to Pay (RTP) collections. Regulators are creating open digital markets, merchants are reducing the friction and cost of collections, financial technology companies are building new services on top of banking […]
Collaboration: a Key Component of the Global Payments Transformation
New technological developments are unfolding at a rapid pace. In order to truly benefit clients, this transformation will best come about through collaboration between providers. ‘Fintech’ has become a buzzword in payments, and while the word is mostly associated with an internet-savvy, millennial generation creating a wave of cutting-edge entrepreneurial start-ups, its broader definition encompasses […]