Last month, FACTA came into effect, forcing overseas banks that accept US payments to disclose account information to the IRS or face a 30% withholding tax. The OECD's newest guidelines help countries standardise these rules for non-US transactions.
Drone technology, driverless cars, home appliances that take orders whilst you’re at work… now game-changing, hands-free technology is finding its way into treasury too, says Des Twort, EMEA Treasury Specialist at Bank of America Merrill Lynch.
New research by SunGard and the Finance and Treasury Association in Australia has found that 48% of senior treasury professionals in Australia and New Zealand use cloud-based systems, whilst 78% expect the sector to see continued growth.
Financial institutions must find better ways to tailor their banking services to the needs of business customers, according to a new white paper by Fiserv.
Nearly half of corporate treasurers believe their role is becoming more and more strategy-orientated. So what can you do to speed up operations and help your department to adjust to evolving expectations?
Corporate treasurers have a right to be frustrated with disappointing features and sluggish improvements in the treasury technology industry, according to Proquest’s Ronald Fink.
It’s safe to say that any large-scale multinational will benefit in some way from putting a shared service strategy in place. Doing it right can mean serious cost savings, easy data sharing and streamlined transactions for your whole organisation. Doing it wrong can be an expensive mess.
78% of people believe that the existing banking bonus culture is “unhealthy” and public faith in the system languishes at an all-time low. But are the FCA’s new proposals the best way to tackle the problem?
Fear of failure or becoming overly attached to stock can interfere with rational decision-making and lead to harmful financial choices. So how do you prevent your emotions from taking over when managing an investment portfolio?
The ability to handle multiple currencies is a major driver of globalisation and as electronic channels replace telephone-based trading, speed and execution quality is increasing – but so is regulatory oversight. Treasurers getting to grips with new FX trading platforms should focus on three main areas, says Jim Kwiatkowski of Thomson Reuters.
