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The advent of open banking promises much, but without standardisation corporates and banks risk an open banking ecosystem that is piecemeal and fragmented.
With payment fraud on the rise, especially in the Asia-Pacific region, coming up with a plan to protect your company is more important that ever
Blockchain is the buzzword of the moment in the financial and tech worlds, but how will the technology be implemented?
The digital age has provided companies with piles of information, but few clues on what to do with it all. Now companies can use technology to effectively analyse big data and glean insights into customer behaviour.
Always keen not to play guinea pig to new products and strategies, treasurers run the risk of stifling innovation. They occassionally need to be bold.
The utility approach to KYC process will help treasurers comply with global regulations and manage their KYC responsibilities across multiple banks.
The development of the AEC is exciting, but many areas – particularly services and
finance – will remain heavily protected.
As more consumers feel at ease paying for goods online, treasury departments need to safely support e-commerce digitally.
Banks have been experimenting with Ripple’s technology, which could make payments far more efficient, but a recent report questions whether it can handle larger volumes.
Banks are getting serious about biometrics, which will eventually spell the end of online banking passwords. However, treasurers must not be distracted by the newest technology.