A 'digital treasury ecosystem', where the CFO or treasurer makes real-time financial decisions on their tablets, is not far beyond the reach of currently available technology. In such an ecosystem, there is no direct reliance on banking partners or the company’s broader organisation - just an executive and an interactive dashboard powered by interconnected digital technologies, writes Eric Cohen, PwC.
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Bringing together responses from more than 300 banking providers and corporates, this 68-page report presents the results of CGI’s 2016 Transaction Banking Survey, conducted in partnership with GTNews earlier this year.
For organisations looking at purchasing new risk solutions in order to address increasing pressures in this area, the bobsguide Risk Management Systems Guide features a comprehensive matrix allowing buyers to compare and contrast the different functionalities of solutions in the market today.
Business and investor interest in alternative finance is growing, but a report suggests that providers need to step up their efforts in reaching out to advisers.
It has been reported that Barclays intends to sell its Italian retail banking operations a week after news that the bank had been fined £72 million.
The European Payments Council has outlined plans for a new pan-European instant credit transfer scheme, which aims to bring real-time money transfers across the SEPA region.
The hacker group, Armada Collective, have demanded a bitcoin ransom worth €7 million from each Greek lender they threatened.
The state of the relationship between banks and corporate treasury could be the difference between the survival and death of a company, according to a debt advisory expert.
Due to the fact that Barclays failed “to minimise the risk it may have been used to facilitate financial crime”, the bank has been fined £72 million by the Financial Conduct Authority (FCA).
Spanish lender BBVA has invested £45 million into the UK’s first mobile-only bank, known to be a disrupter of traditional financial services.