Treasury Management Systems Insights


US real-time payments are headed to ubiquity. Are banks ready?

10th April 2019

Company: Finastra
In 2017, the US joined the global move towards real-time payments (RTPs) with The Clearing House’s launch of the RTP system. Rapid take-up since then among the largest banks means the system now covers almost half of the total demand deposit accounts in the US. However, volumes remain low and many banks are still not connected. So,... read more

Prohibitions in the Islamic financial system

3rd April 2019

Company: Path Solutions
In general, the Islamic Sharia has constantly sought to achieve fairness, trust and transparency in all financial and business transactions while emphasizing socio-economic development and financial inclusion. In this short piece, I will attempt to outline the main features of Islamic finance and Sharia-approved investments, as well as the... read more

Banks look to fend off emerging big tech threat

2nd April 2019

Company: Nuxeo
The decade since the financial crisis of 2008 has been a challenging time for the financial services sector. Not only has the industry had to face the increased compliance and governance requirements that emerged as a result of new and tighter regulation intended to prevent a similar crisis in the future, but it has also had to face increased... read more

Detecting and preventing bank fraud

1st April 2019

Fraud continues to be a problem for consumers and the banking industry. According to Javelin Strategy & Research in 2017, 16.7m people were victims of identity fraud and they lost an estimated $16.8bn. The Consumer Sentinel Network, maintained by the Federal Trade Commission (FTC), found that of the 2.7m identity theft and fraud... read more

Treasury managers avoiding blockchain “like the plague”

29th March 2019

Company: bobsguide
It will take four to five years for the treasury management sector to embrace blockchain technology in assisting with calculations of reference rates, according to John Byrne, owner of Salmon Software. “If you ask any corporate treasurer would they use blockchain as an alternative, you would fit their response on the back of a stamp... read more

Beware the Ides of March: The drama of FX swaps reporting

26th March 2019

This week I have been dusting off last September’s Q&A release from the European Securities and Markets Authority (Esma) regarding the reporting of FX swaps to ensure we have successfully planned for the changes. That Q&A included reference data and transaction reporting scenarios where an FX swap is reported as a single... read more

The zero-fee mobile trading revolution: Remaining competitive yet compliant

22nd March 2019

Company: Trulioo
The monumental shift from online to mobile trading has gone hand in hand with digital natives and the convenience it provides. But such democratisation comes with a warning – compliance is as critical to mainstream success as ease of use and information quality. Emerging firms now seek to break the stranglehold of the incumbent brokers in... read more

The new normal of the payments ecosystem: Demand of excellent customer experiences and increasing industry regulation

21st March 2019

Company: Accuity
Competition and innovation has been an enormous force for good in driving the speed of change in the payment ecosystem to meet ever increasing customer expectations for excellent payments experiences. Now, with disruption of the payments landscape continuing apace, nimble, creative fintechs are challenging the ground held by established payment... read more

Future-proofing your business in the evolving Brazilian payments market

19th March 2019

Company: Compass Plus
Brazil is the ninth largest economy in the world, but its payments market has always been regarded as extremely concentrated. This is not surprising considering the majority of debit and credit cards in circulation were issued by four major banks, and 9 in 10 cards were either Visa or Mastercard, until 2007. However, in recent years there has been... read more