Category: Financial Technology

BNY Mellon’s Carl Slabicki examines the questions surrounding open banking in Global Banking & Finance Review

Writing for Global Finance & Banking Review, BNY Mellon’s Carl Slabicki, Director, Immediate Payments, Treasury Services, takes a candid look at the arrival of open banking, and what it could mean for the banking industry. As part of PSD2, financial institutions are now required to share client data with third party payment providers such as …

Continue reading

Crown Agents Bank appoints new Head of Global Markets

In its latest move, Crown Agents Bank has appointed David Bee in the newly created role as Head of Global Markets. David joins from Lloyds Banking Group, where he served as Head of Offshore Financial Markets & Institutional FX Sales. He has previously held senior positions at Citi, Deutsche Bank, and Standard Chartered. “It’s exciting …

Continue reading

PNC adoption of RiskFirst’s digital solution “PFaroe” covered by the specialist press

PNC Institutional Advisory Solutions, part of the asset management branch of the Pittsburgh-based PNC Financial Services Group, has adopted RiskFirst’s digital solution PFaroe – to help structure better solutions, improve reporting efficiency and deepen engagement with its defined benefit (DB) pension plan clients. PFaroe will allow increased interactivity with clients, provide forecasting tools to model …

Continue reading

Commerzbank crosses new trading frontiers as part of the Marco Polo blockchain project

The multi-bank initiative seeks to apply distributed ledger technology to trade finance. News of Marco Polo’s successful proof of concept was covered in Global Trade Review, Market Business News, Trade & Export Finance, Bobsguide, Banking Technology, Fintech Futures, Finextra, Blockchain News, Coindesk, CoinTelegraph, Toinnov, Enterprise Times, FSTech, Pyments, and Trade Finance Global.

Trade makes the world go round – find out how Commerzbank helps in its new video

Commerzbank’s new video explains the significance of world trade and the important role the bank plays. Frank-Oliver Wolf, Head of CTS Sales Germany, outlines the bank’s global presence, and Enno-Burghard Weitzel, Head of CTS & FI Product Management Trade Services, shows how it is ushering in the new technologies that are revolutionising trade finance. Watch …

Continue reading

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 …

Continue reading

Commerzbank’s Angela Koll praises the BPO in BCR’s 2018 Supply Chain Finance Report

Speaking at BCR’s 2018 Supply Chain Finance Summit, Angela Koll, Specialist, Trade & Supply Chain Finance at Commerzbank, offers her views in this year’s edition of the Supply Chain Finance Report, which accompanies the event. On pages 27-28, Koll highlights the value that the Bank Payment Obligation (BPO) can bring to the industry.

Crown Agents Bank’s new foreign exchange trading platform picked up by e-Forex

The launch of Crown Agents Bank’s web-based FX trading platform, EMpowerFX, was covered in the magazine’s first edition of the year. Key features of the tool include real-time streaming access to competitive market pricing and immediate tailored request-for quotation (RFQ) facilities for well in excess of 500 emerging and major traded currency pairs. Read more …

Continue reading

​Crown Agents Bank’s Albert Maasland cited in Global Risk Regulator on impact of Caribbean derisking

The Banker‘s Global Risk Regulator magazine has cited Albert Maasland, CEO of Crown Agents Bank, on the impact on the Caribbean of banks’ derisking. With the region having been “hurt disproportionately” by the withdrawal of correspondent banking services, Maasland notes that “Losing access to dollar payment capabilities for the commercial banking sector can be very, very difficult”.

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 …

Continue reading