Tag Archive: technology

Deutsche Bank publishes new guide to EU Payment Services Directive 2

Banks and payment providers will need to adapt their systems and processes to comply with the requirements of the new EU Directive on Payment Services (PSD2), according to a new guide published by Deutsche Bank, in collaboration with PPI AG, that explains the directive’s most important provisions, as well as its impact on the operations …

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Deutsche Bank’s Andrew Reid in The Paypers: B2B payment innovation is possible only through collaboration

Andrew Reid explains in The Paypers that collaboration is needed for banks to achieve the same level of transformation and convenience in the B2B space that they have already delivered in the retail banking space. In an interview previously published in the B2B Fintech: Payments, Supply Chain Finance & E-invoicing Guide 2016, Reid says that …

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Deutsche Bank’s Anil Walia on the crucial role of supply chain finance in Procurement Leaders

In Procurement Leaders’ November/December 2016 issue, Anil Walia, EMEA Head Supply Chain Finance at Deutsche Bank, explains the crucial role supply chain finance can play in the buyer/supplier ecosystem, contributing to the benefit of all involved. Under the title “Ramping up the synergies in cash-poor times” Walia relates how many of the discussions in which …

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Commerzbank’s Petra Burckhardt explores blockchain’s value in trade finance in Global Trade magazine

‘Blockchain’ may be the financial services industry’s mantra of choice at the moment, but how can the technology realistically be applied to trade finance? That is the question Petra Burckhardt, Commerzbank’s Global Head, Product Management Trade Services, asks in Global Trade magazine. In her article, ‘Evolution, Not Revolution’, Burckhardt notes that the technology may indeed enhance …

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Andrew England, iGTB, tells TFR that banks are sprucing up their legacy systems

In a 60 Second Interview with the October edition of TFR, iGTB’s Head of Strategy Andrew England says he sees the trade finance and cash management landscape broadening out as banks review whether they want to build or buy trade and cash solutions going forwards. Andrew talks about the challenges facing banks, having looked at …

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Siemens Financial Services paves the way for smart cities in the Wall Street Journal

In a video interview for the Wall Street Journal’s ‘Business Debate’ platform, Julie Alexander, Director of Urban Development at Siemens, and Johannes Schmidt, Head of Financial Advisory and Structuring at Siemens Financial Services, show that digitalisation will be key to global urban development. For the first time in history, the majority of the planet’s population …

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Siemens Financial Services (SFS) explains “the ripple effect” of digital manufacturing

Small digital changes on a company-by-company level have the potential to completely transform global industry over the coming years, according to Roland Chalons-Browne, CEO of Siemens Financial Services. In his LinkedIn Pulse post on the subject, Roland describes the efficiency gains open to manufacturing firms, and how the resulting increase in competitiveness could reshape the …

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BNY Mellon’s Ross Jones talks STP optimisation in GTNews

Technological advances and emerging market growth have stimulated client demand for faster and more efficient payments. Writing for GTNews, Ross Jones, Product Line Manager, Global Payments, Treasury Services EMEA, BNY Mellon, discusses how straight-through processing (STP) plays a crucial role in decreasing transaction times and facilitating the global payments market at a time of rapid …

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CFE discusses the importance of nurturing tech entrepreneurs in TechCityinsider

In a recent article for TechCityinsider, Matt Smith – Director at the Centre for Entrepreneurs (CFE) – explains the rationale behind 2016’s tech winners in the Maserati 100 index. The article discusses the importance of entrepreneurs who are prepared to support new startup founders and the next generation of tech entrepreneurs.     A number …

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BNY Mellon talks blockchain technology in FX-MM

Activity in the fintech arena is hotting up, with a flurry of bank-fintech partnerships driving the exploration of the blockchain’s potential to streamline the payments process. In an Expert View article for FX-MM, Dhiru Tanna, Sales Officer, Treasury Services EMEA, BNY Mellon, discusses how the blockchain could transform the transaction space, and how 2016 could …

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