TFG heard from the inspirational CEO of CBI, Liliana Fratini Passi. CBI is an innovation society leading the way for PSPs and the transaction banking industry in Italy. Liliana spoke to TFG about the latest changes, and what this means for bank, in terms of ISO 20022, UN/CEFACT and PSD2.
TFG heard Judd Holroyde, Head of Global Product Management, Wells Fargo. We talked about the changing payments landscape, about SWIFT and SWIFT Gpi and how the FinTech creativity can be used as a customer value proposition messenger.
financial crime risk, just like any other risk, can be better understood using data and modelling techniques, instead of common wisdom. TFG heard from Sihem Mouelhi at Elucidate to find out more.
Over the past 2-3 decades there have been many attempts to digitise parts of the trade and trade finance process, but it’s the complexity of trade that remains the challenge. Most successful attempts at digitisation have had to bite off a small piece of the problem and this has led to silos or what I call a ‘digital island’ phenomena.
The next generation of technology-led financial services innovators are disrupting the industry in a big way, and TFG’s Deepesh Patel caught up with Natalie Ceeney CBE, Chair of Innovate Finance, at WCBI.
Deutsche Bank has released a comprehensive new publication, “Payables finance: A guide to working capital optimisation, 2nd edition”, revising and updating the original paper released almost two years ago at the beginning of 2018. The paper continues the ongoing work of defining and codifying the payables finance industry as it evolves, shifting priorities and practices in the process.
Open banking has been taking over as the latest FinTech model of global market disruption, but market implementation so far has been fraught with delays, slowdowns and difficulties. Open banking refers to a financial data aggregation system that will be implemented in banks and financial service channels.
The life of a corporate treasurer is changing, and so is transaction banking. TFG spoke to Lesley McNamara at BAML on integrating product offerings, digital banking trends, corporate treasury and trade updates.
Two Raiffeisenlandesbanks go live with digital trade finance solution that will transform their end-to-end operations and intercept continuing business and market demands.
“There remains significant capital trapped within the supply chains of S&P 1500 companies, with a potential to release an estimated $460 billion through working capital optimization programs”.
Membership agreement enhances Standard Chartered’s benchmarking and modelling capabilities and strengthens Global Credit Data’s international coverage
TFG spoke to Mitigram’s CEO Milena Torciano, who just raised a Series B round of financing, worth 100SEK ($10.7m USD) from Sampo, on their ambition to become the Bloomberg of trade and digitise trade flows.
From time to time we hear news about large corporation reporting losses as a result of FX volatility, sometimes even as a result of poor FX risk management decisions.
SWIFT – The Society Worldwide Interbank Financial Telecommunication was founded in 1973 and has been the global standard for financial messaging between banks ever since. The messaging service is used by over 11,000 banks and institutions across 200 countries and have sent over three billion financial messages so far in 2019.
