Businesses are being left behind as many banks continue to focus on the consumer market. Laurent Descout, CEO at TMI Innovation Lab entry Neo, argues that it is time for treasurers to look beyond the traditional corporate banking model. Banks’ investment into systems has mainly been focused on the needs of consumers, with limited consideration […]
Deutsche Bank wins Global Bank of the Year for Innovation, driven by its flagship in-house banking as a service offering Throughout 2021, despite the global challenges caused by the ongoing pandemic, Deutsche Bank delivered several cash management innovations. For example, in partnership with Treasury Intelligence Solutions (TIS), the bank has developed a new payment fraud […]
Bank of America’s intelligent innovations give treasurers a clear view ahead Any initiative that makes a treasurer’s working day easier is welcomed by the community. So, it comes as no surprise to see Bank of America scoop two of TMI’s coveted Technology & Innovation Awards in 2021 for its mobile app and forecasting developments, while […]
BNP Paribas scales new heights, winning seven TMI Awards in tandem with its clients As corporate branding goes, BNP Paribas’ trademark green could not be more appropriate – the bank is leading the pack in terms of its sustainability commitments and solutions, and is TMI’s 2021 Global Bank of the Year for ESG. Bank Awards […]
Standard Chartered embraces the art of possible, taking home 11 Awards for its innovative digital and ESG-focused transaction banking solutions With an advisory solutions-based approach, a focus on ease of integration, and innovation through collaboration driving co-creation of solutions with clients and fintechs, Standard Chartered is a powerhouse in the Asia Pacific region. In recent […]
The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss the reaction from different central banks to the emergence of CBDCs, consider the potential implications of these currencies on global economies, […]
Since 2018, when Open Banking was launched in the UK and Europe’s revised Payment Services Directive (PSD2) was implemented, regulators around the globe have embraced a shift towards innovation that, finally, is helping the end-consumer. Indeed, the spirit of Open Banking has been a catalyst for many initiatives in different regions. Open Banking has now […]
Research from Finastra, unveiled today at its flagship (virtual) industry event – Finastra Universe – shows changing priorities for corporate banks and their customers over the next five years. It reveals that corporate banks are moving away from the traditional ‘relationship builder’ approach of client interaction and management (where they build wider banking relationships with […]
If you’ve not heard of Banking-as-a-service (BaaS) yet, do not be alarmed. It’s a relatively new concept that is still mostly concerned with retail banking. But its application for transaction banking is beginning to create waves. TMI wrote about Goldman Sachs’ all-new ground-up transaction banking build in October and again in November of last year. […]
EY’s recent report on the state of the corporate, commercial, and SME banking market points to a number of problems in the sector, before providing several solutions. Treasurers interested in moulding the future with their key partners should get involved in the discussion now. EY’s report, ‘How will banks transform to build the next generation […]
The current downturn is having a devastating and potentially fatal impact on small and medium-sized enterprises. But there are steps financial institutions can take to add value to the experience they deliver to the businesses known as ‘the backbone’ of most economies. Here, Anders la Cour, CEO, Banking Circle, examines the insights delivered by the […]
Much has been said of Covid-19’s effect on businesses. Many organisations have had to adapt in order to work more flexibly and adhere to social distancing. In some cases, well-established, traditional industries have managed to maintain some degree of normality during lockdown. However, it cannot go unnoticed that many organisations – especially smaller businesses – […]
Politicians may be reshaping global supply chains, but businesses are still confident they will find growth in new markets, according to a new HSBC report. The latest HSBC Navigator: Now, next and how survey of more than 9,100 companies in 35 countries and territories finds that 47% are more optimistic now than in 2018, with […]
In terms of geographical and economic scope, China’s Belt and Road Initiative (BRI) has far exceeded initial expectations. And while the current coronavirus outbreak has caused business interruption affecting China as a whole, trade goes on, and it is going on specifically as a result of the BRI. Opportunities abound, and as more and more […]
Market awareness of the impending shift from Inter-bank Offered Rates (IBORs) to new risk-free rates (RFRs) is strong, but corporates are yet to kick their preparations into gear. Businesses will need to identify the full extent of their exposures and adjust their contracts and infrastructure to accommodate the new rates. But they will also need […]
Let’s frame a desired global outcome in as uncontroversial manner as possible – greater prosperity for a greater number of people, ideally all people, and improved human wellbeing. What scenarios and behaviours are specifically preventing this outcome, and conversely which ones would enable it, today and in the future? For all its faults and volatility, […]
Adam has recently been promoted to Interim Group Chief Financial Officer – Etihad Aviation Group What is the major way in which you think your treasury organisation differs from that of your peers? Our treasury function is extremely diverse and looks after a large part of the broader finance function compared with our peers. Our […]
In this Treasury Snapshot, François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, EACT, gives TMI the inside track on some of his latest projects, including a pilot of SWIFT’s KYC Registry. He also shares his thoughts around developing young talent and preparing treasury for the future. What is top of […]
TMI, in partnership with Barclays, are delighted to share the results of a recent survey answered by over 300 of Europe’s leading corporate treasurers and CFOs. We discovered that 35% of respondents are looking to change bank account locations and 21% are reviewing their cash pooling arrangements. Discover more insights from the survey >
With the average global treasury team reportedly spending more than one day each week dealing with know your customer (KYC) requirements, compliance remains a significant pain point for treasurers worldwide. What progress is being made to help treasurers – and their banks to overcome this headache? Are regional approaches worthwhile or should we be holding […]
The fluctuating energy market creates a finance environment like no other. As a result, heads of finance in this industry must be well versed in the market and able to consistently and effectively plan for changes at the same time as overseeing payment transactions and delivering financial reports. Here, Simon Reynolds, Head of Finance at […]
Digital disruption was one of the key drivers of treasury innovation in 2019. As this year’s Award winners demonstrate, banks, technology vendors and fintechs have leveraged digital innovation to move the corporate treasury profession forward – delivering excellence by helping treasurers to become more efficient, operate in real-time, and contribute to the wider business in […]
Mergers and acquisitions offer a handy insight into the health of a business environment. Acquisitions are usually done by large corporates to meet strategic objectives, including growth and diversification. However, M&A activity in South Africa is currently experiencing headwinds owing to political and macroeconomic factors. An analysis by DealMakers South Africa shows that total deal […]
After scooping the “Best Portal Technology Solution” accolade in TMI’s 2018 Awards for Innovation and Excellence, John Laurens, Group Head of Global Transaction Services at DBS, explains how the bank’s cutting-edge cash management simulation platform, DBS Treasury Prism, continues to push the boundaries on client-centric innovation. He also outlines how corporates are benefiting from this […]
