Regulation and technology have transformed treasury since 2008. Our global winners have turned those changes to advantage.
Innovation drives the category as bank/non-bank distinctions blur.
New realities require a new category to recognize firms advancing treasury and cash management solutions.
Supply-chain finance is primed for a leap in productivity, if it can put the theoretical benefits of blockchain to work in practical applications.
Each of the champions has a unique story to tell.
Despite Brexit, London has managed to hang onto its status as Europe’s leading fintech hub, but Amsterdam is sneaking up behind.
Trade and supply chain finance’s most notable innovators share their successes and secrets.
As the January deadline draws closer, realities of surviving in the post PSD2 are starting to dawn on banks.
CME’s bitcoin futures will be based on a “Bitcoin Reference Rate,” which the company describes as “a once-a-day reference rate” based on the US-dollar price of the coins.
The widely discussed technology, some say, will emerge from labs and being in the 'proof of concept' stage to to the real world, or what some refer to as “minimum viable products.
The utopian vision of open banking dreamed up by the European Commission when it drafted the PSD II regulation is unlikely to emerge from day one of implementation.
Corporate treasurers may not be out of a job yet, but they will have to adapt, or at least learn how to work with AI in their businesses
The survey, The future of payments: a corporate treasury perspective, conducted by SWIFT and EuroFinance, gauged the views of treasury professionals, from SMEs to global corporations, in 18 different industries.
BNP Paribas in association with PwC, software vendor SAP and the European Association of Corporate Treasurers (EACT) released the second edition of the Journeys To Treasury (JTT) report. The report is a joint thought-leadership initiative that addresses the most important and pertinent items on treasurers’ agendas and offers insights in the world of treasury from the perspectives of the bank, the consultant, the software provider and the industry association.
Topics like blockchain, quantum computers capable of cracking Bitcoin code in just 60 seconds and geopolitics dominated the plenary session for the conference.
Global Finance grades the world’s central bank governors on how well they have performed in the past year.
The likes of Burger King in Russia have issued Whoppercoin, a cryptocurrency that enables customers to buy a signature Whopper burger.
In our October issue, Global Finance presents its latest annual grading of the world's central bank governors. Here, we present the nine who received an "A" grade in 2017: those from Australia, Honduras, Israel, Lebanon, Morocco, Paraguay, Russia, Taiwan and the United States.
A tsunami of technological progress is forcing risk-averse corporate finance executives to confront changes in the environment.
Bank service to smaller enterprises doesn’t reach the level of service they provide to their larger retail and industrial clients, leaving a gap that fintechs are eager to fill.
Rules requiring banks to make client data available to third parties are taking shape, generating both trepidation and excitement in the fintech world.
Global Finance talks with Arnaud Stevens, Frédéric Dalibard of Nexitis, and Luca Comparini of IBM about blockchain technologies and commodity trade finance.
Throughout history, there have been major transformative periods where a single innovation has wrought profound social and economic changes over the next century
Processes that have changed relatively little over hundreds of years in trade finance are being catapulted into the 21st century, due to significant advances in data analytics, digitization and shared ledger technology. Once a forgotten backwater of transaction banking, trade ...
Each advance in technology opens doors for new approaches and ideas. This year’s innovators in finance show the range of problems being tackled.
Regulation, risk, a low-interest-rate environment and global economic uncertainty mean treasurers are more dependent than ever before on software systems and services to help them manage their business. In a climate where banks are withdrawing from certain markets and lines ...
Global Finance magazine names the world's best supply chain finance providers for 2017, considering both banks and non-bank financial institutions.
The “digital revolution” has been famously disruptive in retail, but in banking it seems finance firms are seeking more cooperation with technology.
The cryptocurrency Bitcoin was the first working example of a blockchain, or distributed ledger, but important as it has become, it barely begins to explain why banks, regulators (including central banks) and tech firms are all over this technology.
The world of fintech is littered with its own terminology. We explain some of the more widely used terms.
With interest rates in negative territory and quantitative easing having run its course, central bankers are thinking about turning to cryptocurrencies to solve problems.
Global Finance takes the world’s central bank governors to school in our annual “report cards” grading their economic stewardship.
At Sibos in Geneva, financial technology, or fintech (blockchain, artificial intelligence, machine learning), was present in almost every conference presentation and workshop. And even in those sessions that didn’t directly reference it, one felt a sense that banking in particular ...
The term 'financial inclusion' is often equated with the working poor in developing countries. But if the term is thought of more broadly as referring to those that have limited or restricted access to financial services such as loans and ...
At its annual Sibos customer conference in Geneva next week, the Brussels-based financial messaging network, SWIFT, will seek to reassure its 11,000-strong member banks and securities organizations that it is doing everything within its power to minimize the threat of ...
Cross-Border Payments | Magic is only for fairy tales, but new technologies promise a magical transformation in cross-border payments.
The theft of $81 million from Bangladesh Bank earlier this year highlights the problems that accompany technology’s benefits.
Robots, ubiquitous in factories, are moving up to take on both menial paperwork and complex data analysis. Should we worry?
Picture investment recommendations tailored or customized to individual needs or personality traits, provided cheaply via a highly intuitive digital interface.
Lum Yin Fong, global head of client management and implementation in Global Transaction Services at DBS Bank, talks about how her firm, in conjunction with Standard Chartered Bank and Infocomm Development Authority of Singapore, explored blockchain technology in trade finance.
Still finding its way onto the broader global stage, Islamic finance is expanding its reach and rising to new heights in delivering added value to consumer and business markets alike.
Gautam Jain, global head of digitization and client access, Transaction Banking, Standard Chartered Bank, talks about the bank’s role in a blockchain proof-of-concept joint effort.
Trade finance is behind some other banking sectors in transitioning to paperless documents and digital distribution, but it’s catching up.
The past year has seen major advances which, although only beginning to bud, are likely to have long-running ramifications for corporate treasury and cash management as they blossom and mature.
Challenger banks join start-ups and outside providers in supplier finance to get funding where it’s needed most.
The $5 trillion-a-day foreign exchange market is changing rapidly, as electronic execution platforms control the bulk of trading and bank dealers streamline operations in response to growing pressure from regulators to cut trading risks and boost capital.
Steady revenue streams make transaction banking attractive during times of volatility. But tech and upstart competitors are remaking the business.