Category: Treasury Services

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 …

Continue reading

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.

The top trends in finance today: Commerzbank’s Enno-Burghard Weitzel interviewed by The Banker

In a video interview filmed at the recent Sibos conference, The Banker‘s Joy Macknight asked Enno-Burghard Weitzel, head product management trade services at Commerzbank, for his take on the top trends in finance today, including progress on blockchain, the value of the bank payment obligation (BPO) and the rise of sustainable trade.

UniCredit and footwear company Geox collaborate on ambitious treasury project in Global Finance case study

Leading footwear company Geox, in partnership with UniCredit, collaborated in an ambitious treasury project to rationalise cash management processes, bank relationships and connectivity across the Group. Federica Vello, Treasury Manager of Geox, explains the thinking behind the project, the challenges and benefits of full implementation, and the impact of this collaborative effort on the wider …

Continue reading

It’s more than just apps: Commerzbank’s Edith Weymayr shows how digital banking is done in an article for World Finance

All banks want to take their products and services into the digital age. But Edith Weymayr, Commerzbank’s Divisional Board Member, Mittelstandsbank South, explains that true innovation means going further than developing flashy smartphone apps. In an article for World Finance magazine, she argues that “driving change requires taking a holistic, end-to-end strategy that can set new …

Continue reading

The revolution will be digitalised: Commerzbank’s Edith Weymayr gives a video interview to World Finance magazine

Edith Weymayr, Divisional Board Member, Mittelstandsbank South at Commerzbank, was in the studio at the London Stock Exchange to film an interview with World Finance magazine. In “Spearheading the digital revolution in banking” Weymayr outlined the bank’s strategy for embracing the digital era of finance and better supporting SMEs.

Digitalisation a “sleeping giant”: Commerzbank’s Angela Koll cited on the future of trade finance in TMI Magazine

Where’s next for the digitalisation of trade finance? Angela Koll, Commerzbank’s Specialist Trade & Supply Chain Finance, shares her thoughts in the latest edition of TMI Magazine, but warns that innovation in the industry could take time to spread. Find out more in “Waking the Sleeping Giant? The Potential for Trade Finance Transformation“.

Austria’s first BPO: Commerzbank’s landmark transaction covered by the specialist press

Commerzbank has reached a milestone in the digitalisation of the trade finance industry, having processed the first Bank Payment Obligation (BPO) deal in Austria. A BPO allows the automatic release of funds between banks based on the matching of electronic data. Companies are increasingly recognising the benefits of the trade instrument, which include faster communication …

Continue reading

Deutsche Bank’s Christian Schaefer discusses requirements ahead of PSD2’s effective date with Euromoney

  The second “European Directive on Payment Services in the Internal Market”, commonly referred to as PSD2, offers ample opportunities for Third Party Providers (TPPs) to innovate the traditional banking sphere – by bringing them under greater regulatory scrutiny. Interviewed by Euromoney, Christian Schaefer, Deutsche Bank’s Head of Payments, Cash Management Corporates, outlines TPP’s requirements …

Continue reading

Crown Agents Bank’s Theresa Henshaw surveys the African currency landscape in an article for GTNews

African currencies have undergone tremendous volatility over the past year, with significant depreciations – as well as some surprise recoveries – making headlines. In an article for GTNews, Crown Agents Bank’s deputy treasurer, Theresa Henshaw, explains that the background to such instability has been equally fickle raw material prices. These have dampened growth and put …

Continue reading