Category: Cash Management

UniCredit’s Cédric Derras writes in TMI that the European payments landscape is entering a promising new era in 2018

With significant developments such as SWIFT gpi, instant payments, and the Second Payment Services Directive all either coming into play or entering full maturation in the European payments market, Cédric Derras, Global Head of Cash Management at UniCredit, explains in Treasury Management International how these initiatives add up for corporates, who stand to benefit from faster, …

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Commerzbank is Global Finance Magazine’s “Best Treasury & Cash Management Provider in Germany for 2018”

Commerzbank has won the magazine’s award for the third year running. Klaus Josef Mueller, Head of Product Management Trade Finance & Cash Management, comments: “It’s a real honour to be included, yet again, among such a prestigious list of winners, and even more so in the home market. This award reflects our dedication to helping …

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What were the key lessons learned at Sibos 2017? UniCredit’s Global Co-Head of Trade Finance, and Global Head of Cash Management explore:

Sibos 2017 came and went in a flash. But what were the key messages from the event? Writing in TMI, Raphael Barisaac, UniCredit’s Global Co-Head of Trade Finance, and Cédric Derras, UniCredit’s Global Head of Cash Management, reflected on the event: “After years of preoccupation with regulation and compliance, the industry is once again gearing up …

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UniCredit’s Cédric Derras discusses the impact of instant payments and PSD2 in The Paypers’ “Online Payments and Ecommerce Market Guide 2017”

With instant payments and the new Directive on Payment Services (PSD2) on Europe’s doorstep, the payments market is undergoing a paradigm shift in how consumers and businesses exchange money. Cédric Derras, Global Head of Cash Management at UniCredit, explains in The Paypers‘ Online Payments and Ecommerce Market Guide 2017 what these developments will mean for corporates …

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How Deutsche Bank is forging a path to PSD2 compliance – bobsguide reports

Are you PSD2-Ready?, a new whitepaper published by Deutsche Bank, outlines a number of challenges for banks tasked with becoming PSD2-compliant. bobsguide sat down with Christian Schaefer, Global Head of Payments, Cash Management, Deutsche Bank, to discuss the report’s key findings. Read the full article here.  

Do not place PSD2 on the back burner, says Deutsche Bank in FTSE Global Markets

On January 13th, 2018, the new European Directive on Payment Services in the Internal Market (PSD2) comes into effect, marking the next stage of the European payments market’s transformation. Christian Schaefer, global head of payments, Cash Management, Deutsche Bank, explains the implementation hurdles and opportunities in an article for FTSE Global Markets magazine – and …

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Deutsche Bank discusses a new age in payments in Finextra

It will be regulation-led, but make no mistake: 13th January 2018 will see the start of a deep-rooted and long-term transformation of the European payments market. This is when PSD2, the new European Directive on Payment Services in the Internal Market, comes into force. While this prospect initially caused concern to some in traditional financial …

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Falcon’s Emma Clark discusses the Middle East’s liquidity gap in the Banker Middle East

In an article for the Banker Middle East, Emma Clark, Falcon Group’s Head of Business Development, explores the ways in which slower growth and stagnating oil prices are weighing on the region’s corporates – particularly when it comes to business liquidity. Furthermore, the squeeze on working capital, while initially felt by smaller businesses, has since …

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UniCredit roll out of cross-border instant payments solution in Italy and Germany covered by specialist press

Immediately after the European instant payments infrastructure was officially in operation on 21st November, UniCredit conducted its inaugural instant payment from Germany to Italy. The payment took exactly 2.5 seconds to be completed, demonstrating the bank’s capabilities in both countries and across borders. This makes UniCredit the first bank to offer real-time payments in Germany …

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Deutsche Bank’s Paula Roels makes the case for implementing SWIFT gpi, in FX-MM

SWIFT’s global payments innovation (SWIFT gpi) – an industry-wide initiative that connects every party in payment chain via a cloud solution – is tipped to become the new payment standard for correspondent banking. Before it can, however, a critical mass of banks must go live with the initiative’s operational mode. Writing for FX-MM, Paul Roels, …

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