With recent warnings of an accelerating ‘cyber arms race’ in the months ahead, every business should establish a review of their defences against cybercrime as a priority.
Faster payment solutions have belatedly made their debut in the US, but it’s still a work in progress.
The Federal Reserve Banks and The Clearing House develop local market practices to facilitate end-to-end payments tracking for their participants.
Banks and fintechs have both realised that they can achieve far more as natural partners than as competitors. The resulting synergies are particularly great in making international payments swifter, cheaper and more efficient.
“Corporate treasurers around the world are getting a better cross-border payments experience today,” announced the financial messaging services provider.
Progress in the Chinese currency’s steady internationalisation stalled in 2016, although it was still the sixth most active currency for international payments.
In the second of two articles on the development of open banking, aka application programming interface (API) banking, the author details its benefits - including those specifically for Indian entities - and the potential challenges that lie ahead.
Proof of Concept has been launched to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.
Banks in the region face a growing range of challenges in maintaining their correspondent banking relationships. This article suggests how they are being addressed via new technologies and services.
The most recent edition of the annual survey by consultant Strategic Treasurer and software provider Bottomline Technologies highlights current forecasting practices, data aggregation, SWIFT awareness and projected IT spend among corporate treasurers.