Category: Cash Management

thyssenkrupp trades an FX forward over blockchain with Commerzbank

The first such transaction involving a large German company, Commerzbank’s €500,000 deal was covered by Reuters, Banking Technology, The Trade, IBS Intelligence, coindesk, 4-traders, Blockchain News, The Blockchain, CoinShot, Blockshapers, The Paypers, Cypto Currency News, RTT News, coinzdaily, Econotimes Blockchain Revolution, Cryptocy News, Bitnews Today, Coin Telegraph, cryptovest, Finextra and Profit & Loss.

Why UK companies should look to Israel for trade: Bank Leumi (UK)’s Michael Duval writes for The Global Treasurer

Compliance costs in emerging markets are rising, as are fears of protectionism in developed markets. But Michael Duval, Chief Business Officer at Bank Leumi (UK), notes that Israel provides importers and exporters with sustained opportunities in an article for The Global Treasurer.

Deutsche Bank’s Andreas Hauser reflects on SWIFT’s DLT testing for Banking Technology

The recent completion of SWIFT’s ground-breaking proof of concept (PoC), which tested the application and potential of distributed ledger technology (DLT) for nostro reconcilitation, has given the 34 financial institutions involved, amongst them being Deutsche Bank, much to consider. The blockchain technology was tested in a sandbox environment throughout 2017 and proved it can, as …

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Deutsche Bank’s Dave Watson talks cybercrime in Treasury and Risk

Corporate treasurers have already taken significant steps to fortify their cybercrime defences however, chinks in the armour of many treasury departments still remain – mainly in the form of third parties. Indeed, according to research undertaken by the Economist Intelligence Unit (EIU), whom surveyed more than 300 corporate treasury executives on their existing cybersecurity defence …

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The Paypers’ B2B Fintech Guide: UniCredit’s Cédric Derras reflects on the instant payments go live in Europe, and considers what the future holds

With instant payments going live across Europe in November 2017,  UniCredit’s Global Head of Cash Management, Cédric Derras, discusses in The Paypers’ new B2B Fintech: Payments, Supply Chain Finance & E-invoicing Guide the lessons learned from the first six months of operation. Derras explains how results have already exceeded expectations – with instant payments proving popular …

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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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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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