Earlier this week, Francis Maude (the UK Minister for the Cabinet Office who is responsible for the UK Cyber Security Strategy) published a report called, ‘UK cyber security: the role of insurance in managing and mitigating the risk’ which explores how cyber security insurance can help firms manage their cyber risks better.
The days of coasting are over for the banking sector as payments innovations and technologies rapidly gain traction with consumer and business customers.
The Global Transaction Banking market is worth half a trillion dollars – and the Middle Eastern financial sector is poised to take its cut.
Digital tax accounts will become the norm in the next five years, eliminating the year-end rush to file, UK Chancellor George Osborne confirmed yesterday.
Corporate finance departments no longer operate separately from the rest of the company – increasingly, treasurer’s roles intertwine with the planning, analysis and strategy strands of the business.
Tech multinational IBM is exploring ways to implement the blockchain technology that drives bitcoin in order to build a digital cash and payment currency.
It seems the correspondent banking sector is excited about the potential of Bitcoin to speed up and simply international transactions.
Bridgewater Associates has plans to start a new, artificial-intelligence unit next month with a team of six reporting to David Ferrucci, formerly of IBM.
Corporate credit cards and siloed budgets can create a complex and expensive system for a large corporation to keep tabs on. A new idea launching in Malawi could present a surprising solution.
CBW Bank is outdoing the efforts of the Federal Reserve by using real-time payments to offer customers immediate access to funds – even when they are paid across borders.
