Announced as a concept less than 18 months ago and officially launched in February this year, the gpi initiative aims to enhance the cross-border payments process for corporate treasurers.
The guidelines for best practice in the global foreign exchange markets attempts to rebuild trust after several of the big banks were fined for abuses.
Payment fraud can no longer be regarded as a problem confined largely to the retail industry - nearly every section reports that the incidence is growing.
The cheque might be an outmoded payment method, but many US organisations are reluctant to give it up. What’s more, after years of decline, cheque fraud shows signs of an uptick.
Emerging markets offer “a world of opportunity”, but delegates at the recent ACT Conference heard from treasurers whose companies operate in regions such as Africa about the challenges they also present.
Financial services and healthcare are two of the sectors on the verge of being radically transformed by the rise of artificial intelligence and robotics.
Sometimes, bank relationships simply don’t work anymore. However, changing banks is rarely straightforward - from rejected KYC documentation to technical hitches, the potential hurdles are significant. This article outlines how detailed preparation, messaging standards and a strong moral compass can help the switch go smoothly.
The digitisation of trade finance is a work in progress and still in its early days. Banks must ensure that they are flexible in both adapting to and driving innovation.
Day Two of the UK Association of Corporate Treasurers’ (ACT) annual conference in Manchester considered the future of the corporate treasurer and the role developing as a strategic business partner.
Day One of the UK Association of Corporate Treasurers' annual conference in Manchester emphasised how last June's referendum vote will dominate the agenda in the years ahead.