Treasury Management Systems Insights


Q&A: ING CIO Legrand talks European fintech and platformification

14th June 2019

Company: bobsguide
Benoît Legrand was appointed chief innovation officer at ING Bank in January 2018, having previously served as the bank’s global head of fintech and CEO of ING Ventures. On the sidelines of Money 20/20 in Amsterdam last week, bobsguide sat down with the Legrand to talk about the future of fintech in Europe and the hype around the... read more

The opportunity for open banking awareness has been missed

11th June 2019

Company: Crealogix
Considering it was heralded as one of the biggest revolutions in retail banking of recent times, consumer awareness of open banking remains disappointingly low in the UK. In new research conducted by CREALOGIX, two thirds of the 2,000 respondents questioned had no idea what open banking was or is. Furthermore, less than 8% of respondents regarded... read more

OakNorth CEO: Defaults and downturn inevitable

3rd June 2019

Company: bobsguide
Small and medium sized enterprise (SME) lenders can expect defaults and losses as they aren’t fully prepared for a downturn, according to OakNorth co-founder Rishi Khosla. “A default is inevitable in the business cycle,” said Khosla, who was speaking at Money 20/20 in Amsterdam. Khosla is adamant that OakNorth will perform... read more

Shipping industry in direct path of brewing OFAC storm

31st May 2019

Company: Accuity
By David Loeser, Senior Director of Product Strategy, Accuity Deceptive shipping activity is on the increase and is gaining the attention of US Department of the Treasury’s Office of Foreign Assets Control (OFAC). The office is responsible for issuing and enforcing sanctions based on US foreign policy, and recently updated its advisory... read more

Banks’ top brass need persuading over T2/T2S opportunities

24th May 2019

Company: bobsguide
Banks’ middle management and specialists must do more to convince the executive of the opportunities and cost saving benefits posed by T2/T2S (TARGET2 & TARGET2 Securities) Consolidation. Affecting some 1,700 EEA bank accounts, the T2/T2S Consolidation project - which is due to go live in November 2021 - is a great burden for European... read more

Federated electronic identities: What are they, what are the benefits, and do they work?

10th May 2019

Company: Signicat
The Nordic countries have solved this by successfully establishing electronic Identity (eID) schemes. The eID is used by casual users (93% of Norwegians on a weekly basis), and recognized by public services and many private businesses. But what exactly are eIDs, why are they important, what are the benefits associated with using them, and where... read more

Security threats continue to bug mobile users

9th May 2019

Company: Comarch Finance
There are three things we usually don’t leave home without: keys, wallet and phone. The first two can be easily replaced by the third one. But to manage money using a few-inch screen is not a small task by any measure. Granted, we can deal with managing access to the device itself quite efficiently. However, it is much harder for us to... read more

Treasury tech buying process set for review

8th May 2019

Company: bobsguide
Tech stack build decisions at banks and financial institutions are becoming increasingly more complex, with more vendors providing different types of technological solutions for a variety of processes. Nowhere is this more evident than within the treasury sector. On top of that, organizations within financial services are changing with an... read more

Mifid crackdowns can be smoothed with software enhancements

7th May 2019

Company: AutoRek
With historic fines being levied for breaches of the Markets in Financial Instruments Directive (Mifid) and national conduct authorities (NCAs) suggesting plans to administer the directive much more onerous follow-up – Mifid II – market participants must build in systems to assist with transaction reporting obligations. “The... read more