A revolution in the way the public pays is being echoed in the corporate world. As the likes of BAML roll out innovation payment solutions for corporates, treasurers are weighing up the benefit.
US enforcement action this year resulted in a $280m settlement and provides a textbook case in everything your compliance officer needs to know about anti-bribery programmes.
Even for the smallest company, currency risk is always present. The options for treasurers are manifold, but good hedging practice starts with knowing your business.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon
For corporate treasurers already mired in the costly, slow and opaque world of cross-border payments, ether could offer a real solution: real-time, cost-free, “crypto-payments” with the need to buy cryptocurrency.
It can be the single most important investment of any corporate treasury and you only get one chance to get it right. CT takes you through the critical path analysis in setting up a TMS.
Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.
The bank has moved $900 million across borders at lightning speed since tapping Ripple's blockchain solution. Its transaction services chief tells CT how, and details the limits of the system.
This Visa/Corporate Treasurer roundtable drills down on corporate cash management behaviour, the problems of forecasting and how to relieve supplier payment bottlenecks
Getting corporate travel right is one of the most demanding jobs in the inbox of corporate treasurers. We speak to one corporate that got outside help from AirPlus.