Wholesale / Commercial Banking Systems Insights

Bank resolution frameworks are so focused on past lessons they are failing to prepare for potential future events, according to the acting head of department of financial stability and consumer protection at the Swedish National debt office. “To compare it to the military, there is always a risk that you are planning for the last war... read more

Societe Generale’s (SocGen) closure of its commodities business is confirmation of a downward trend between large banks and the commodities market, say industry analysts and market participants.   “The share prices told you that SocGen were one of the worst performers over the past couple of years – earnings and profits... read more

Recent comments made by Single Resolution Board (SRB) chair Elke Konig suggest opposition from banks on resolution frameworks, says Giles Edwards, senior director of financial service ratings at S&P Global Ratings. “There has been push back from the banks initially to say, ‘look you need to be clear about what you... read more

Competition and innovation has been an enormous force for good in driving the speed of change in the payment ecosystem to meet ever increasing customer expectations for excellent payments experiences. Now, with disruption of the payments landscape continuing apace, nimble, creative fintechs are challenging the ground held by established payment... read more

A lack of automation in accounting and payroll systems has resulted in firms struggling to reconcile data – which could lead to data and security issues, says Modulr CEO, Myles Stephenson. “The fact that the end customer or the accountancy practice has to deal with that manual process, and that being extremely... read more

The European Commission’s proposal to amend the single rulebook, the "banking package" – the Capital Requirements Regulation (CRR), the Capital Requirements Directive (CRD) the Bank Recovery and Resolution Directive (BRRD), and Single Resolution Mechanism Regulation (SRMR) has finally reached its final stages after more than... read more

Brazil is the ninth largest economy in the world, but its payments market has always been regarded as extremely concentrated. This is not surprising considering the majority of debit and credit cards in circulation were issued by four major banks, and 9 in 10 cards were either Visa or Mastercard, until 2007. However, in recent years there has been... read more

For multinational groups, the ability to instantly appraise cash positions has long been a challenge. Selecting the right treasury management system (TMS) can be key to liquidity and the ongoing running of the business. Mubea – the German multinational automotive parts producer – chose BELLIN’s tm5 system in 2014, and according to... read more

As many as 25% of Europe’s online merchants are unaware of strong customer authentication (SCA) requirements, due to come into force in September under the continent’s revised Payment Services Directive (PSD2). Of those who are aware of the rules, only 40% feel they will be compliant by the deadline. Both statistics point to serious... read more