Category: Treasury Services

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 …

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Commerzbank’s Agnes Vargas explores Pacific trade in an article for FTSE Global Markets

As the Trans-Pacific Partnership (TPP) finds its feet, Agnes Vargas, Regional Head, Greater China & ASEAN at Commerzbank, looks to the Regional Comprehensive Economic Partnership (RCEP) as another means of facilitating trade in the Pacific.

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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Deutsche Bank’s latest whitepaper makes the case for implementing SWIFT gpi

After a successful year-long trial period, the financial services industry must work together to embrace the live operational mode of SWIFT’s global payments innovation (gpi) – and ensure it becomes the new payment standard for correspondent banking. This rallying call comes from Deutsche Bank’s new whitepaper, “SWIFT gpi: time for action”. As of today, 120+ …

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PSD2 regulation is a catalyst for innovation, says Deutsche Bank in Banking Technology

PSD2 comes into force on 13 January 2018. It aims to open up the European payments market to greater competition and transparency, but Christian Schaefer, global head of payments, cash management, Deutsche Bank, believes its effect will be more far-reaching. Writing for Banking Technology magazine, Schaefer suggests it is no exaggeration to say that the result will …

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​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”.

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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Crown Agents Bank’s new foreign exchange trading platform covered in the specialist press

EMpowerFX provides clients with direct access to real time quotes for well in excess of 500 emerging and developed-market currency pairs. The platform’s launch was covered across the specialist financial and foreign exchange press, including FX-Week, Forex News, Treasury Today, Profit & Loss, COVER South Africa, Institutional Asset Manager, Modern Ghana, FTSE Global Markets, Global Banking and Finance Review, Banking Technology, and Caribbean News Now.