Category: Banking

GTR names BNY Mellon “Best Correspondent Bank” for the second time in a row

BNY Mellon has been officially crowned “Best Correspondent Bank” in this year’s Global Trade Review (GTR) “Leaders in Trade” awards. The award marks the second consecutive year that the bank has won the award since the category was introduced in 2017. Receiving the award on behalf of BNY Mellon at the GTR Awards ceremony last …

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CAB’s CEO talks to TXF about the future of derisking

In a recent interview with TXF, Albert Maasland, CEO at Crown Agents Bank, explores the banking market’s current approach to derisking correspondent relationships. He recognises that although the high cost of compliance continues, derisking in emerging markets has slowed, having had the desired effect of cleaning up inappropriate payments flows in recent years. He points …

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East Africa needs to regionalise – Commerzbank’s Christian Toben writes for African Review

Ethiopia and Kenya are doing much to bring the region closer together, according to Commerzbank’s Regional Head of Africa. Read more on page 16 of the new issue.

Blockchain-based trade shifts up a gear: Commerzbank and Audi drive progress with the Batavia platform

Commerzbank has successfully executed its first pilot transactions for corporate clients, including Audi, with Batavia – the blockchain-based trade finance platform supported by IBM and other major banks. The transactions facilitated the export to Spain of cars from Germany and textiles from Austria. The news was covered in Global Trade Review, The Blockchain, Global Banking …

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Not just a “start-up nation” – Bank Leumi (UK)’s Michael Duval outlines Israel’s commercial potential in Global Trade Review

Michael Duval, the Bank’s Chief Business Officer, explains in a targeted article why companies are choosing Israel for their importing and exporting activity.

BNY Mellon’s Monika Aminiova discusses SWIFT gpi adoption in Finance Digest

Writing for Finance Digest, BNY Mellon’s Monika Aminiova, EMEA Cash Management Business Development Manager, Treasury Services, takes an in-depth look at how the payments sector could be transformed by SWIFT gpi, and how banks can help the initiative take root. Although still being rolled out, SWIFT gpi’s impact on both the speed and transparency of …

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Crown Agents Bank Partners with 360T

In its latest move towards digitalisation, Crown Agents Bank, the global wholesale bank for emerging markets, has partnered with online trading platform 360T. “We can now offer a faster and more efficient service for all our customers who use 360T,” says David Bee, Head of Global Markets. “And for potential customers looking for illiquid, hard-to-access …

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BNY Mellon examines the rise of real-time payments in The Paypers

Writing for The Paypers’ 2018 edition of its “B2B Fintech: Payments, Supply Chain Finance and E-Invoicing Market Guide”, BNY Mellon’s Karen Braithwaite, Head of Global Product Management, Treasury Services and Carl Slabicki, Director, Immediate Payments, Treasury Services, discuss the momentum behind the adoption of real-time payments (RTP) across the world. Sparked by client demand for …

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Deutsche Bank wins big in the Asset’s Triple A Treasury, Trade, Supply Chain and Risk Management Awards

Deutsche Bank has picked up a record-breaking total of 46 awards in The Asset’s 2018 “Treasury, Trade, Supply Chain and Risk Management Awards”, exceeding the 2017 total (a previous record) by seven awards. Running for close to 20 years, The Asset’s awards offer pre-eminent recognition in Asia for those seen to have excelled in corporate treasury management, …

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It’s here: Commerzbank’s latest issue of FI.News

The spring issue of Commerzbank’s interactive financial institutions newsletter is out now. It brings together all the major cash and trade finance updates in a range of exclusive articles and interviews. See how evolving technology can further transform the trade finance industry, prepare for important updates at SWIFT, get ready for the impact of new …

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