Insights

Payment & collection factories: new treasury potential?

Payment & collection factories: new treasury potential?

30th November 2011

Company: CGI
Many organisations are considering the case for centralising payments and collections in a shared service centre - a payment factory. Garry Young, Logica’s director of corporate services and SaaS, discusses the drivers behind corporate payments change. He also examines the cash visibility, control and efficiency benefits that can be realised from... read more
Bank regulation and trade finance

Bank regulation and trade finance

28th November 2011

Company: Surecomp
Attempts to impose blanket regulations on something as diverse as modern banking was bound to have some unintended consequences, says Raphael Barisaac, Surecomp vice-president Europe and head of Trade Finance Products.When world trade suddenly contracted in the fourth quarter of 2008, it demonstrated how vitally important trade finance is to the... read more
Making a payment factory pay

Making a payment factory pay

28th November 2011

By Marcus Hughes, business development director, Bottomline TechnologiesThe global economic environment continues to pose ever more challenging questions for today’s corporate treasurer with almost daily stories of fresh problems, country bailouts and concerns over the euro. The need for proper visibility and control over cash, core weapons in... read more
Mobile banking adoption will be twice as fast as online, says tech vendor

Mobile banking adoption will be twice as fast as online, says tech vendor

23rd November 2011

Company: bobsguide
The adoption of mobile banking among consumers will be twice as fast as the take up of online banking, a technology vendor has predicted. Carl Tsukahara, chief marketing officer (CMO) at Clairmail, a mobile banking solutions provider, said: “Mobile has been growing at a much faster rate of adoption than Internet banking. The biggest difference... read more
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Getting social in the financial industry - putting the customer at the heart of business strategy

22nd November 2011

Company: IBM
By Gerry Mellett, product executive of financial services industry sales at IBMThe finance industry has long been regarded as complex, restrained by regulation and too internally focused, paying more attention to its own development than providing the financial products and services that customers are looking for. However, in today’s economic... read more
Derivatives World - ‘Regulation should not be at the expense of economic growth’

Derivatives World - ‘Regulation should not be at the expense of economic growth’

21st November 2011

Company: bobsguide
Volatility in the financial services industry continues to be a key topic of discussion in the sector as the 2011 conference season enters its final month. In his opening address at the Derivatives World conference William Mitting, editor of Futures & Options World (FOW), said that instability is still present within the sector - from the... read more
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Money via the airwaves: mobile remittance connects with the world

21st November 2011

Company: EastNets
By Hazem Mulhim, CEO, EastNetsThe airwaves as a wallet. A relatively new technology called ‘mobile remittance’ offers just that: the convenience of sending money from anywhere in the world, at any time, via cellular networks. Mobile remittance is a part of the mobile payments movement that has swept through many parts of Asia and Europe. The... read more
FSA mobile regulations - the key challenges for financial services firms

FSA mobile regulations - the key challenges for financial services firms

14th November 2011

Company: bobsguide
Telephone calls and electronic messages have been the focus of scrutiny from the Financial Services Authority (FSA) since March 2009 - but these regulations are now due to see a significant change. The FSA’s phone recording rules will be updated on Monday 14 November to include all interactions conducted on mobile, which was exempt from the... read more
ChequeMate

ChequeMate

10th November 2011

By Adrian Stafford-Jones, managing director, Albany SoftwareAs the economy teeters on the edge of a double dip recession, government pledges to reduce red tape and make business easier for the UK’s SMEs seem increasingly critical. But given the emphasis on streamlining processes, the question has to be asked why so many organisations are still... read more
Growth in regulations increases burdens in payment operations

Growth in regulations increases burdens in payment operations

10th November 2011

Company: Accuity
By Joel Lange, payments product managerSince the emergence of software systems to screen payment messages against sanctions lists in the 1990’s there has been a constant struggle between ensuring compliance with global sanctions regimes as well as demonstrating increases in payment efficiency. While compliance departments are judged on... read more