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For those addicted to their smartphones, the idea of shunning digital devices to participate in a ‘Relax Your Brain’ contest might be unappealing. But that is exactly what some people in one of the world’s most connected countries are doing.
Payments innovation hasn’t been the sole creation of fintechs; banks have accepted the challenge and have been developing their own impressive offerings. But are we seeing collaboration or competition between the two? A workshop at SWIFT’s recent Business Forum suggested that it’s a bit of both – meaning the real winners are the corporate customers.
With the cybercrime wave reaching tsunami-like proportions, more treasurers are turning to banking partners for help. Time, perhaps, for the banks to develop a true commercial offering.
It may be home to several UNESCO World Heritage sites but the hosting of this year’s ACT annual conference in Liverpool was all about tomorrow; financing tomorrow to be more precise. Treasury Today reports from the city’s ACC venue.
A lack of money in an Uzbekistan city has resulted in “shameful” salaries.
It has been said that nothing is more expensive than a missed opportunity – treasury therefore may be quite an expensive function. Here, Cale Bennett, Group Treasurer at Tatts Group, outlines why he believes that treasury may be costing the business by missing opportunities and how to avoid doing this in the future.
If your company has a supply chain finance programme, it may be a good idea to have a chat with your ratings agency about it.
Traditional accounting methods of valuation and recognition of intangible assets are such that many companies around the world have little or no idea of their true value. The negative impact this has on risk management, tax and lending decisions, to name but a few, should not be underestimated.
A jug originally valued between $30,000 and $50,000 has an unexpected origin.
In March, SWIFT announced that it had signed a memorandum of understanding (MoU) with the China Cross-border Interbank Payment System (CIPS) Co. to develop the payments infrastructure by connecting it to the global financial community. Here are the recently firmed up details behind the agreement.