Blog
The NACHA payments conference in San Diego, US, continued on 23 April with corporate treasurers admitting that they need to more vocal about electronic remittance and e-invoicing standards if they want to see them rolled out anytime soon.
Blog
Janet Estep, president and chief executive officer (CEO) of the US electronic payments association NACHA, welcomed thousands of payments professionals to the Payments 2013 Conference in San Diego, US, on Monday 22 April. This year’s theme was innovation and the elctronicification of business-to-business (B2B) practices, a key aim of treasurers seeking efficiency.
Blog
Regular mentions of the single euro payments area (SEPA) throughout the opening sessions of the International Payments Summit (IPS) in London were just the prelude. Day Two of the event on 10 April offered a comprehensive review of how the SEPA migration process is proceeding, ahead of the February 2014 end-date.
Blog
The early morning panel on the second full day of the International Payments Summit (IPS) at the Hilton London Tower Bridge Hotel on Wednesday 10 April contained a banker who was brave enough to admit that, “yes, prices will rise” for corporate treasurers and other clients under the new Basel III capital and liquidity regulations.
Blog
A wide range of themes relating to payment services were discussed at Day One of the International Payments Summit (IPS) held in London on 9 April, with the fast-approaching introduction of the single euro payments area (SEPA) and its repercussions for corporate treasurers featuring regularly.
Blog
In this instalment of his regular cash management blog gtnews contributor editor, David Kelin, looks at the motivations for payments-on-behalf-of (POBO) and the reasons for introducing it at a treasury, before going on to consider the concept of collections-on-behalf-of (COBO).
Blog
The introduction of the EU Directive on Late Payments (2011/7/EU) is just around the corner. This article analyses who stands to benefit most from the new rules and suggests that some of the new directive’s provisions give cause for concern.
Interview
Karen Van den Driessche, director of treasury, EMEA, at the international electronics component and design services firm Avnet, joined the company last year when its annual revenue hit US$26.1bn, and immediately established a close working relationship with Doug Adams, the firm’s European supplier finance director, who is based in the same Tongeren office in Belgium. As the pair explained to gtnews’ Neil Ainger at EuroFinance 2012 it was the start of a mutually beneficial relationship between a supply finance specialist, working on the operational side of the business, and a treasurer looking after the cash position – an all too rare occurrence.
Interview
Corporate cash management and payment trends are shifting, HSBC’s global head of payments and cash management, Diane Reyes, told gtnews at Sibos 2012.
Video
Colleen Taylor, head of treasury management and enterprise payments at Capital One, talks about the hot topics at the AFP Annual Conference in Miami, including mobile technology and how the industry can work together to ensure secure payments.
Video
Kevin Phalen, head of commercial cards, Bank of America Merrill Lynch (BofA Merrill), explains how commercial cards can be a central component of a working capital solution, and also the role technology is playing in driving the adoption of purchasing cards.
Commentary
The eurozone crisis is never far from the headlines these days, and the topic was one that was much debated at EBAday 2012 in Edinburgh. The eurozone, however, is not the only thing on shaky ground: the single euro payments area (SEPA) faces a number of hurdles before the implementation date of 1 February 2014.
Video
Mark Tweedie, head of technology, media and telecoms, EMEA, Global Transaction Services (GTS), Citi, explains the challenges to improving working capital management in this industry sector, what effect SEPA will have, and the drivers and benefits of pre-paid cards for corporate treasurers.
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Blog
Thousands of payments professionals gathered in Baltimore, US, last week for the three-day NACHA Payments 2012 conference. The final two days on 1 and 2 May focused on the elimination of cheques, cloud computing, the mobile channel and the EMV standard.
Blog
Thousands of payments professionals gathered in Baltimore, US, on Monday 30 April for the start of the NACHA Payments 2012 three-day conference. The three main themes of this year's gathering, which attracted in excess of 2,500 attendees, were innovation, collaboration and education.
Blog
The keynote speaker on the first full day of the International Payments Summit (IPS) at the Lancaster Hotel in London on Tuesday 13 March was Hamish McRae, an economist and writer for The Independent newspaper who gave an illuminating speech about the changes in the world economy, following on from the SEPA boot camp which was held the previous day.