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.
A US study of money transfer order providers provides clarity in what is traditionally an opaque industry.
Emmanuel Macron’s election win in France has stabilised Europe for now, but the respite could prove temporary warns Verisk Maplecroft.
The latest annual Compensation Survey released by the Association for Financial Professionals shows the average increase just slightly down on the 3.6% increase reported for 2015.
The government announced a restructuring of the island’s US$70bn accumulated debt, which dwarfs the 2013 bankruptcy of Detroit.
Voice communications between traders and clients are still at the heart of global financial markets, reports Greenwich Associates.
The Swiss bank is the latest to agree a settlement that closes a lawsuit based on allegations it sold faulty securities.
The US president has told Canada and Mexico that the US is seeking to renegotiate the free trade deal rather than withdraw from it.
With a surprisingly high number of North American corporates still reliant on cash and cheques, what’s impeding the move to electronic-based payments?
A survey by professional services firm Duff & Phelps ahead of MiFID II finds that most believe the cost of meeting regulatory requirements could more than double in five years.