Global Payments & Transfers Insights
26th March 2020
In my previous article, I examined how effective liquidity management in treasury depends upon having a consolidated view and control of corporate cash. In this one, I consider why building dedicated connectivity is necessary to achieve this, who should build it and who will pay for it.
One of the many effects of globalisation has been the... read more
25th March 2020
The clock is ticking on the European Union (EU)’s Shareholder Rights Directive II (SRD II), which comes into force on 3 September 2020. It’s part of a cross-sector industry initiative to improve the existing set of standards on corporate actions and general meetings for listed equities, whilst addressing other issues for which the... read more
13th March 2020
Incumbent banks may struggle to adapt to the impact of coronavirus as remote working and customer services falter. Commentators say these challenges could leave digital challengers with the advantage.
“Do the existing banks, the traditional banks, struggle to allow their staff to work remotely compared to challengers? You may find that the... read more
13th March 2020
While explaining the business application of real-time, Harshit Jain, Head of Transaction Banking & Digitisation at Nucleus Software, said that: "Consumers and business customers are becoming more impatient and more demanding. They want what they want when they want it. And if they don’t get it from you they will go to your... read more
10th March 2020
With rapid advancements in data and analytics, today’s client-facing technology (CFT) has emerged as a competitive advantage for funds. It encompasses data, analytics, projections and other critical information – all personalised for investment managers and their clients.
As technology capabilities have soared, so too have client... read more
11th February 2020
The last twenty-four months have seen the publication of hundreds upon hundreds of articles decrying the lack of impact that Open Banking has made upon the finance sector or for the consumer.
Even those supportive of Open Banking continue to limit their horizons to some of the challenger banks or apps such as Moneybox or Money Dashboard which... read more
10th February 2020
Invisible liquidity is unmanageable liquidity. This inconvenient truth remains as valid today as it has ever since the discipline of liquidity management first emerged. Furthermore, while it may be widely-acknowledged, it certainly isn't widely-resolved. The number of global multinationals who can honestly claim that their treasuries have 100... read more
23rd January 2020
Card schemes will control all payments in the next 10 to 15 years, according to a panel of payments advisors at the Westminster Business Forum’s Payments policy and regulation conference today in London. The panel, which also included spokespeople from Visa, UK Finance, and Lloyd’s Banking Group, discussed the transition of the... read more
9th January 2020
Mid and lower tier US banks could find it difficult to run a third batch process within a business day to accommodate an additional same-day Automate Clearing House (ACH) settlement window, according to the head of global payments at a tech vendor.
“I think it is the tier three, four, and five banks that will go, ‘wow,... read more