A plethora of online payment methods are changing the relationship that customers have with the banks and financial providers. Nowhere are these evolving behaviours more apparent than in online gaming and gambling environments.
Diminishing customer loyalty and growing competitive threats are forcing the banking industry to undergo “massive structural change,” according to new research.
Voluntary turnover, growing optimism and 75,000 jobs added in 2013: this infographic from OneWire analyses some of the signs that things are looking up for financial professionals - and the areas that remain a concern.
Rapidly growing emerging market funds and clustered investor flows are creating “vulnerabilities” in the developing world, according to a report released yesterday by the Bank for International Settlements.
Cross Border Acquiring rules brought in across the EU last year have led to a price war among acquirers, driving down transaction costs for merchants savvy enough to demand reductions from January 2015.
56% of treasury professionals in Asia say that optimising existing payment processes is their top priority, according to a poll conducted by TMS specialists Reval.
It should come as little surprise that the role of treasurers has undergone radical transformation in the last few years. With the evolution of their role, treasurers need to be sure that their skill set has grown in tandem, says Philippe Gelis, CEO of Katox.
Installing a treasury management system (TMS) doesn't just free up time by cutting down the 4.5 months per year that the average treasury spends on paperwork. It also changes the way that treasurers look at their role within an organisation.
Failing to keep tabs on your back office system can lead to poor performance. A new report by software provider Advanced Business Systems aims to help treasurers review their finance software and stay ahead of the game.
With the October deadline looming for non-EU transactions to become compliant with SEPA, treasuries the world over are scrambling to migrate. Take a look at our checklist of essentials to make sure you’re doing it right.
