Treasury Management Systems Insights
14th September 2017
Regulatory compliance has always been and will always be one of the top priorities and concerns of every financial institution (FI). Regulatory reforms following the global financial crisis of 2008 compelled FIs to make substantial investments in risk and compliance – both in terms of technology and headcount – to prevent and remediate... read more
7th September 2017
Erik Zingmark - Co-Head of Transaction Banking, EVP, Nordea
Let’s be completely open: Europe’s new Payment Services Directive (PSD2) will fundamentally change banking as we know it. Forever. It is not a fad. Life will be different in 2018 when banks are to allow approved third parties to offer services to their account holders.... read more
5th September 2017
As one all-time high in its value rapidly succeeds another, bitcoin’s rise in value has been nothing short of meteoric this year. On August 17, the digital currency charged past the $4,400 barrier, meaning that its total value went above that of payment giant PayPal.
The currency is moving out of the realms of the dark web and... read more
1st September 2017
The latest research into digital banking's future: Four key takeaways
Alex Hammond, Managing Editor, bobsguide
Juniper Research published a white paper titled Futureproofing Digital Banking 2017, in which it highlights its research data focused on the current state of the digital banking industry, and projects the future... read more
31st August 2017
A US study, based on the fast food chain Chick-fil-A, has conflicting opinions on whether a TMS is the best option when upgrading from Excel-based forecasting.
Cash forecasting is a vital, core functionality for treasury operations. In the 21st century, should treasurers use Excel, business intelligence (BI) tools or a treasury management... read more
17th August 2017
2017 and 2018 have both been predicted to be year blockchain breaks through to the mainstream in fintech, but as of today businesses are still floundering when it comes to finding use cases for the innovative technology. This has not prevented pioneering treasurers from diving into the sandbox to experiment though.
Take, for example, the Port of... read more
7th August 2017
Last year, Wells Fargo surveyed CFOs and treasury executives and more half (55 percent) of the respondents identified foreign exchange (FX) as a primary concern.
This concern stems – at least in part – from the fact that most CFOs now operate in environments where their MBOs (management objectives) are directly tied to corporate... read more
4th August 2017
Everything you want to know about blockchain but were too afraid to ask
Alara Basul, Reporter, bobsguide
Blockchain has created a huge amount of buzz in the financial services industry since its official debut into the market in 2009. The question of when blockchain will go mainstream is yet to be answered, but there is constant... read more
28th July 2017
bob’s guide to treasury management systems: How financial professionals can prepare for GDPR
Leonie Mercedes - Reporter, bobsguide
The penalties for non-compliance of GDPR are high: any breaches incur a maximum penalty of 4% of the organisation’s global annual turnover, or €20m, whichever is more. But many studies... read more
24th July 2017
Right time, right place?
The EU Tax Barriers Business Advisory Group (TBBAG) calculated in 2013 that annually, roughly €5.47bn in recoverable tax is retained by EU tax authorities. That figure has continued to climb as investors increasingly diversify their portfolios across a wider selection of asset classes and markets. In recent years,... read more