OpenTreasury: Recent Episodes
CTMfile
Treasury and payment news and analysis from CTMfile, your source for up-to-date cash management insights and information.
Pushpendra Mehta meets with Dean M. Leavitt, Founder & CEO of Boost Payment Solutions, Inc., to review the latest payments and treasury news and developments. Topics of discussion include the following:
- Boost gears up for Visa's enhanced data era
- Treasury & Digital Payments 2025: Benefits, Barriers & Strategy Updates
- The evolution of payments fraud: Broader reach, faster speed, and the AI Advantage
- Six essential working capital metrics for corporate treasury in uncertain times
Pushpendra Mehta meets with Rebecca Schultz, Chief Marketing Officer at Boost Payment Solutions, to discuss payments automation and the growing importance of virtual cards in B2B payments. The discussion references the following articles:
- Key corporate payments insights shaping 2025 and beyond - https://ctmfile.com/story/key-corporate-payments-insights-shaping-2025-and-beyond
- What Is DSO? A Beginner’s Guide to Reducing Days Sales Outstanding - https://ctmfile.com/story/what-is-dso-a-beginners-guide-to-reducing-days-sales-outstanding
- Interview with David Bork, Head of AR Solutions at Boost Payment Solutions - https://ctmfile.com/story/interview-with-david-bork-head-of-ar-solutions-at-boost-payment-solutions-inc
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to discuss the firm’s newly released white paper on deepfakes. Listen in to learn more.
You can download the white paper Deepfakes & Payments Fraud: Is Treasury Prepared? by visiting: www.strategictreasurer.com/deepfakes
Episode six features Pushpendra Mehta and Paul Galloway, Senior Director of Advisory Services at Strategic Treasurer, exploring strategies to manage unforeseen challenges. Tune in for thoughtful insights.
You can explore the Leading Practices in Treasury eBook or its audiobook by visiting: https://strategictreasurer.com/ebook-leading-practices-in-treasury/?utm_source=STEBKpage
For a visual overview, watch the video version here: https://www.youtube.com/watch?v=XJotnXwxIvw
In episode five, Pushpendra Mehta and Paul Galloway, Senior Director of Advisory Services at Strategic Treasurer, discuss Compliance and Leveraging Networks. Listen in to learn more.
Want to dive deeper into Leading Practices in Treasury? Download the eBook or listen to the audiobook here: https://strategictreasurer.com/ebook-leading-practices-in-treasury/?utm_source=STEBKpage
Prefer video? Watch the full version here: https://www.youtube.com/watch?v=XJotnXwxIvw
Episode four features Pushpendra Mehta and Paul Galloway, Senior Director of Advisory Services at Strategic Treasurer, discussing Process Mindset. Listen in for valuable insights.
You can access the ebook Leading Practices in Treasury or its audiobook version by visiting: https://strategictreasurer.com/ebook-leading-practices-in-treasury/?utm_source=STEBKpage
Alternatively, you can watch the video version of the ebook here: https://www.youtube.com/watch?v=XJotnXwxIvw
Tune in as Pushpendra Mehta and Paul Galloway dive into the third topic in the series: Cash Forecasting. Tune in for deeper insights.
You can explore the Leading Practices in Treasury eBook or its audiobook by visiting here
For a visual overview, watch the video version here
In this episode, Paul Galloway explores the three-in-one architecture of bank account management (BAM). He explains how visibility, account structure, and bank services come together to reduce risk, improve cash positioning, and support fraud prevention. How can an optimized BAM framework strengthen liquidity and enhance security? Find out in this practical treasury discussion.
In this episode, Paul Galloway discusses the importance of strong bank relationships for treasurers. From credit and capital access to strategic advisory services, he explores how share-of-wallet, communication, and scorecards can help companies align with the right banking partners. Why does relationship strength matter, and how can it impact growth initiatives? Tune in to find out.
Download or listen to the eBook here
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to explore how treasurers can prepare for tariff-induced risks and uncertainties. For further reading, visit the following links:
- 2025 Tariffs and Treasury: Measuring the impact and navigating uncertainties
- Five steps to help CFOs and treasurers mitigate the impact of new or higher tariffs
Download the eBook here.
This second installment in the Professional Development Series delves into leading practices for treasury’s daily tasks.
In this ebook, both new and experienced treasury professionals will find practical, focused recommendations and considerations to help hone their skills. With fine-tuned leading practices for bank relationship management, bank account architecture, forecasting, compliance, managing unknown risks, and more, this guide offers tried and true approaches that will help you and your organization thrive.
Take the quiz for 0.9 CTP credits here.
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:34 6 treasury management trends for 2025
- 10:01 The four defining traits for leading corporate treasury in 2030
- 18:30 Biggest story
Other Resources:
- 2025 Treasury Trends Webinar - Strategic Treasurer
- Fraud Prevention Training - SecureTreasury
- Treasury 2030: Modernize or Risk Irrelevance - Citi
Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:33 Finance leaders rapidly advancing their AI knowledge
- 7:48 Euro area annual inflation up to 2.3%
- 12:45 Corporates change FX hedging due to US election outcome
- 16:32 Greenwashing risks rising as global regulatory scrutiny intensifies
- 21:45 Biggest story
Other Resources:
- 2024 CFO Sentiments: How AI is Changing Finance Departments - Datarails
- Euro area annual inflation up to 2.3% - Eurostat
- Q3 Corporate Hedging Monitor - MillTechFX
- The Challenge of Greenwashing: An International Regulatory Overview - KPMG
- Law2024 EY Global Corporate Reporting Survey - EY
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:35 Key technologies shaping corporate treasury and their influence on TMSs
- 10:02 Swift’s 10 takeaways from Sibos 2024
- 15:46 Global economy forecast for solid growth in 2025 despite trade uncertainty
- 18:41 Digital wallets and open banking set to dominate payments in 2025
- 24:08 Top story
Other Resources:
- Treasury Technology Analyst Report - Strategic Treasurer
- 10 takeaways from Swift at Sibos 2024 - Swift
- Macro Outlook 2025: Tailwinds (Probably) Trump Tariffs - Goldman Sachs Research (GSR)
Pushpendra Mehta meets with Dean M. Leavitt, Founder & CEO of Boost Payment Solutions, Inc., to review the latest payments and treasury news and developments. Topics of discussion include the following:
- 1:35 Cross-Border, Real-Time, and Digital Payments: Shaping the Future of Payments
- 10:56 A2A Payments to hit 186 billion transactions globally by 2029
- 15:16 4 Ways to Strategically Manage Cash Flow
- 20:53 Combatting payments fraud: Key insights every treasurer and CFO must know
- 25:29 Top Story
Other Resources:
- 2024 Prime Time for Real-Time - ACI Worldwide with GlobalData
- Consumer A2A Payments - Juniper Research
Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:41 93% of treasurers say forecasting inaccuracies led to avoidable losses over the past two years
- 8:21 Citi and Mastercard look to transform global cross-border payments
- 14:11 Swift to launch AI-powered fraud defence for cross-border payments
- 18:17 KYC streamlining and payments fraud protection: Keys to stronger corporate-bank ties
- 23:30 Top Story: Sibos and AFP conferences
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Three critical aspects facing treasurers, CFOs, and CEOs – Now and Beyond
The three critical aspects discussed in the above article are appended below. These have been covered as separate topics in the podcast.
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- 2:13 Record-high US national debt: A ticking time bomb likely to spark a debt crisis
- 10:46 Key focus areas for treasury and finance in the coming years: Technology, payments, payments security, and risk management
- 19:17 Fed cut rates, yet corporate America faces higher interest expenses
- 26:10 Global banks to use Swift to trial live digital asset transactions from 2025
Other Resources:
- Federal Debt Data - FiscalData
- Interest Rates – The Economist
Pushpendra Mehta, Writer at CTMfile, reviews the latest treasury stories and developments. Topics of discussion include the following:
- Six tips for crafting compelling treasury and payments content
- More consecutive Fed rate cuts expected
- Clearwater Analytics launches corporate treasury benchmarking tool
- Banks believe they're eight months behind financial criminals
Other Resources:
- Financial Crime Detection: What holds banks back? - RedCompass Labs
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Treasurers expect technology to consume most of their time in the coming years
- Ecommerce merchants subjected to more payment fraud attacks than in previous years
- Global companies navigating from ‘China plus one’ to a ‘China plus many’ world
- GTreasury acquires CashAnalytics
Resources:
- The Business of Treasury 2024 - ACT
- 2024 Global eCommerce Payments & Fraud Report – MRC, Visa, & Verifi
- The Geopolitics of Supply Chains - Lazard
- 2023 Treasury Technology Analyst Report – Strategic Treasurer
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Human error drives surge in ransomware-related financial claims
- Probability of recession now 35% - J.P. Morgan
- Digital innovation is slowly transforming corporate FX trading
- Oil prices rise following Israeli strikes on Lebanon
Fight back against fraud: https://securetreasury.com/
Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Where treasurers have influence, companies enjoy revenue growth and financial stability
- Why the UK pound is unlikely to regain its pre-Brexit levels
- Fund managers concern for US election’s impact on FX markets
- European payment fraud hit €6.3bn over 18 months
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Payments Fraud Detection: Predictive AI vs. Generative AI
- Payment fears putting businesses off overseas growth
- Global economy tipped for soft landing
- BofA adds intelligent transaction search to banking platform
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Treasury plan to boost working capital effectiveness and organizational resilience
- US inflation data primes markets for September rate cut
- Eight Japanese chipmakers plan US$30 billion investment in semiconductors
- Saudi Aramco begins issuing US dollar-denominated bonds
Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Trade finance to play substantial role in tokenised real-world assets market by 2034
- Data confirms UK out of technical recession
- Brazil joins countries with aims to be major rare earths supplier
- China+1 strategy makes Southeast Asia favourite for diversifying supply chains
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Notable types of payment fraud treasurers and CFOs should watch
- Confronting AI mismanagement: A call to action for companies
- Citi launches real-time funding for corporates
- HSBC reports that global supply chains are still vulnerable
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Adapting and future-proofing cash segmentation for treasurers amid shifting interest rates
- Global debt has swelled to US$315 trillion, reports the IIF
- Swift and banks in AI pilots to tackle cross-border payments fraud
- Digital wallets in the US get business bump
Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Santander and Iberpay launch first OCT Inst payments
- Cash prevails while sustainability-linked finance continues to fall in treasury agenda
- Reshaping of global supply chains is gathering pace
- Canadian companies experimenting with AI in financial reporting
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Generative AI insights in treasury and finance
- TIS to serve CFOs as an orchestration layer for the cash conversion cycle
- US Treasury ready to make the bond market more resilient
- New use cases push global real-time payments to record highs
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Cheques (checks) and ACH Debits remain most susceptible to payments fraud
- Four ways to help treasurers concentrate cash on a global or regional basis
- 2025 sees improved global economic outlook
- KPMG: Global supply chains are still fragile
Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Ripple to issue USD-backed stablecoin
- Taiwan quake likely to disrupt chip output and supply chain
- Major shift in global IPO market share from the past five years
- RTP Network breaks instant payments records
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- FBAR filing: 15 questions for US corporate treasuries before April 15th deadline
- Six key priorities for navigating currency management in 2024
- AI-driven cashflow tool helps corporate clients cut manual work by 90%
- Corporates are grappling with counterparty concentration risk
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- The DNA of tomorrow’s corporate treasury
- Four countries global companies should enter, expand, or invest in
- China’s foreign trade makes strong start to 2024
- Insolvencies already above pre-pandemic levels in most advanced economies
Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- 37% of CFOs don’t completely trust their firm’s financial data
- SWIFT promotes ISO 20022 adoption
- Imagination deficit: Generative AI’s impact on organizations
- Germany now expects 2024 growth of only 0.2%
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Most treasurers prioritize SLY for short-term investment
- Fides unveils next-generation unified treasury management platform
- Nine in ten CFOs project higher AI budgets in 2024
- Deepfake may be the biggest payment security threat for CFOs and treasurers in 2024
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- US companies ready to sever ties with organizations hit by payment fraud
- Four key M&A trends for 2024
- Red Sea attacks “pose bigger issue to supply chain than pandemic”
- Risk exposures outpacing hedging programmes for corporates
Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following
- Part 4: Top 8 areas of priority for corporate treasury in 2024
- CFOs dim their economic outlook for North America, Europe, China
- UK Economy: Low Positive Growth
- ECB to stress test banks’ bouncebackability from cyberattacks
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:55 Part 2: Top 8 areas of priority for corporate treasury in 2024
- 13:44 Part 3: Top 8 areas of priority for corporate treasury in 2024
- 28:16 Expect more corporate defaults in 2024, says Fitch
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:40 Part 1: Top 8 areas of priority for corporate treasury in 2024
- 10:54 ING to ditch upstream oil and gas business by 2040
- 19:05 Asian Development Bank bullish on growth in India and China
- 24:26 China uses digital yuan for gold cross border payments
Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:34 Big Five economies back global nuclear supply chain
- 5:06 Europe reaches deal on Artificial Intelligence Act
- 8:16 BoE and ECB keep interest rates unchanged
- 11:13 2024 outlook is neutral for global money market funds
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:40 Adoption of corporate real-time payments in the US: benefits and barriers
- 10:48 Swift success in global trade interoperability trials
- 14:55 Singapore and China enhance digital finance and capital markets cooperation
- 20:13 World economy in new era of greater volatility, says BlackRock
Craig Jeffery meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:05 Default worries trigger slump in China bank-backed dollar bond sales
- 3:05 Data shows Japan’s inflation edging higher
- 4:19 ICC highlights benefits of trade digitalization
- 7:59 HSBC names leader for embedded finance fintech
- 10:08 Anti-Greenwashing
Craig Jeffery meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- 1:35 RMB retains fifth place among most active global payments currencies
- 5:28 European and North American corporates stung by US$20bn FX loss
- 10:26 Turkey to continue monetary tightening & UK growth to avoid recession
- 16:35 73% of financial services execs expect genAI “will eventually take their job”
- 22:31 ESG investors committed to transition
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- PwC calls for shift from supply chain resilience to growth
- Japan’s US corporate bond sell-off “could bring volatility”
- J.P. Morgan launches programmable payments
- IMF says central bank digital currencies can replace cash
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- New Citi GPS report: companies that foster treasury leadership achieve better financial results
- Business leaders back globalisation despite supply chain disruptions
- Credit risk steady in trade, supply chain and export finance amid global uncertainty
- Financial institutions scramble to streamline trade processes ahead of T+1
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Emerging technologies that matter for corporate treasury and their impact on TMSs
- HSBC builds tokenised deposit-based treasury management capabilities
- US truck freight spending drops for fifth consecutive quarter
- Fund managers are prioritising FX hedging despite lower volatility
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Key geopolitical risks expected to remain concerns for corporate treasury in 2024
- ChatGPT can predict future interest rate decisions
- Migros upgrades to ION’s Wallstreet Suite solution
- GTreasury integrates with PNC Bank for instant data connectivity
Summary: Pushpendra Mehta meets with Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Global economy exposed to US$3.5 trillion from major cyber attack
- 75% of US businesses to use real-time payments in next 5 years
- US 10-year Treasury yield above 5% for first time since 2007
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Corporate implications should the Israel-Palestine conflict spread into a wider war
- Faster Payments Council releases first operational considerations for instant payments guideline
- China’s Belt and Road Initiative marks 10th anniversary at summit
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Debt crisis on the horizon: US national debt surpasses $33 trillion
- Lack of visibility the top challenge for CFOs as FX market uncertainty bites
- Basel Committee reports on 2023 banking turmoil
- Virtual card transactions to increase 388% by 2028 thanks to API platforms
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Seven key insights into growth corporates and their working capital needs
- Survey shows investors have lost faith in the Bank of England’s decision-making
- Global financial crime compliance costs for FIs above US$206bn
- Publicly traded US companies must report cyber attacks within four days
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Real-time payments pioneer, Japan shaking off cash by embracing digital payments
- Visa and Swift look to enhance transparency, speed and security in global B2B money movement
- 80% of large enterprise finance teams to use internal AI platforms by 2026
- First digital trade transaction under new UK legislation
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Seven cost control methods to be used by treasury in times of uncertainty and inflation
- More UK companies failing to address cybersecurity, new report reveals
- International businesses have growing confidence in ASEAN
- Citi report focuses on future of cross-border payments
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- China's global digital payments dominance: catalysts and future prospects
- ECB calls out PayPal, pits CBDCs against stablecoins
- JPMorgan chief attacks draft US bank capital rules
- EU Commission cuts eurozone growth forecast as Germany enters recession
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- IMF warns of increased global trade restrictions and fragmentation
- UK open banking passes 11 million payments milestone
- First African Climate Summit opens
- Elon Musk’s X has ambitions to move into payments
Summary: Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Graham Buck, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Plan for bigger BRICS at heart of Johannesburg summit
- Chinese real estate giant Evergrande files for bankruptcy
- China’s central bank cuts key interest rate as calls grow to stimulate economy
- Eurozone grows 0.3% in Q2, but Netherlands enters recession
- Citi survey highlights challenges from accelerated settlements
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Graham Buck, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Plan for bigger BRICS at heart of Johannesburg summit
- Chinese real estate giant Evergrande files for bankruptcy
- China’s central bank cuts key interest rate as calls grow to stimulate economy
- Eurozone grows 0.3% in Q2, but Netherlands enters recession
- Citi survey highlights challenges from accelerated settlements
Pushpendra Mehta meets with Craig Jeffery, Managing Partner at Strategic Treasurer, and Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- China-backed mBridge project set for year-end launch
- Russia’s central bank hikes rates to 12% as rouble sinks
- Multinationals expand use of AI in supply chain management
- UK corporate treasurers expect surge in net debt despite rising borrowing costs
- CNBC names the world’s top 200 fintech companies
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Digital Dollar Project pilot finds CBDC cross-border payment potential
- CFO’s role expanding as digital transformation urgency increases
- Markets fall in response to US government debt downgrade
- Global fintech funding falls in 2023
- Tax transparency among top priorities for multinational corporates
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- China economic slowdown continued in July
- Bank of Japan yield curve control action surprises markets
- Fed resumes rate hikes with 0.25% rise
- Survey finds investment industry cool towards CBDCs
- Blockchain could save financial institutions US$10 billion by 2030, says Ripple
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- India for global companies: three compelling reasons
- US FedNow Service goes live for instant payments
- UK inflation print surprises on the downside
- US business leaders’ economic outlook remains tempered
- Climate change “may alter 9 to 5 working day”
With heartfelt gratitude, we announce Jack Large's final podcast episode with CTMfile before retirement. Join us in celebrating his contributions and wishing him the best for the future. Don't miss this special episode!
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Strained US-China relations: key considerations for treasurers, CEOs and CFOs
- Corporates move to diversify FX counterparties following banking crisis
- SEC adopts MMF reforms, ditches swing pricing proposal
- EBA publishes fourth opinion on EU money laundering and terrorist financing risks
- UK FSB outlines next steps on climate roadmap
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Faster and instant payments may result in a surge in payment fraud
- Mastercard leverages AI to fight real-time payment scams
- US services sector surpasses growth expectations in June
- India cool on China’s plans for BRICS expansion
- Fed’s digital dollar research study deemed successful
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Bank of America and Citi query Fed stress test results
- UK business confidence rebounds to 13-month high
- EC proposes framework for digital euro
- Investors intensify switch from equities to fixed income
- Compliance in the spotlight in an era of expanding regulatory scrutiny
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- UK hikes rates again to 5% as Indonesia holds
- IMF to launch global digital currencies platform
- CHAPS transitions to ISO 20022
- Bank of America joins sustainable aviation fuel programme
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- China cuts key rate to stimulate sluggish economy, while Fed indicates more US interest rate hikes to come
- North American CFOs pessimistic on economic conditions
- Payment preferences and fraud keeping finance leaders up at night
- US corporate cash allocations to bank deposits drop to 47%
- Bank of America leads renewed appetite for green bonds
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- GTreasury and C2FO partner on treasury liquidity management solutions
- UK plans to boost open banking
- Swift explores blockchain interoperability
- Trovata’s multi-bank API integration available to SAP and Oracle customers
- The future of payments success: embracing ePayables and real-time payments
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
3 pillars of human leadership CFOs need in an era of finance AI
Asian trade corridors to outpace global average by 2030
BIS seeks to promote API harmonisation for cross-border payments
Authorities’ reports find clear increase in greenwashing in Europe
CFOs to accelerate M&A activity and prioritise ESG for remainder of 2023
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Treasurers must avoid building an echo chamber
- Barclays invests in working capital technology for corporates
- Fourteen countries agree to Indo-Pacific supply chain accord
- German economy officially in recession
- UK inflation finally falls below 10%
In a gripping podcast episode, Pushpendra Mehta engages in a dynamic discussion with Anthony Carfang, Managing Director of The Carfang Group, and Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, as they delve into the latest treasury news and developments. The conversation takes a thrilling turn as they explore the potential for wholesale Central Bank Digital Currencies (CBDCs) in cross-border payments, as the New York Fed and MAS embark on an exciting journey. The anticipation builds as they analyze BNP Paribas' intriguing perspective on the US debt-ceiling suspension, revealing a potential upside risk for the dollar. The adrenaline continues to surge as Japan emerges from a recession fueled by a post-Covid consumer boom, captivating the audience with signs of economic revival. Finally, the trio uncovers strategies to combat the talent shortage in treasury and finance departments, adding a touch of intrigue to the conversation. This podcast episode is a captivating journey through the ever-evolving world of finance, leaving listeners on the edge of their seats and hungry for more thrilling insights.
Article Links:
New York Fed and MAS explore potential for wholesale CBDCs in cross-border payments
- https://ctmfile.com/story/new-york-fed-and-mas-explore-potential-for-wholesale-cbdcs-in-cross-border-payments
BNP Paribas: US debt-ceiling suspension “may offer upside risk for dollar”
- https://ctmfile.com/story/japans-economy-revives-after-dip-into-recession-industry-roundup-18-may
Japan emerges from recession on post-Covid consumer boom
- https://ctmfile.com/story/japans-economy-revives-after-dip-into-recession-industry-roundup-18-may
Strategies to combat the talent shortage in treasury and finance departments
- https://ctmfile.com/story/strategies-to-combat-the-talent-shortage-in-treasury-and-finance-departments
Download the eBook here.
Treasury sits in a unique position in the organization, and excelling as treasurer requires unique strategy and the proper mindset across multiple areas. With insights covering everything from important steps for the new treasurer to leading practices for securing resources, overcoming blind spots, staff development, metrics, technology, working capital, and more, the Guide to Excellence in Treasury eBook offers strategies and fine-tuned approaches to major areas of challenge for treasurers.
Whether you’re aiming to become a treasurer, have just landed the job, or have held the position for years but are still seeking ways to improve and grow, this guidebook should have some ideas that will help you and your organization thrive.
-------------------- 0:00 Opening 1:30 Introduction 2:24 Preparing to Become the Treasurer 7:16 First Steps for the New Treasurer 12:05 Effective Communication 24:19 Securing Resources 30:04 Overcoming Blind Spots 35:59 Building and Developing Your Team 47:33 Metrics 55:59 Approaching Technology Intentionally 1:00:49 Taking Ownership of Cash, Working Capital, and Payment Security 1:16:56 Basics of Risk Management 1:21:21 Closing
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Trovata launches generative AI treasury and finance too
- Real estate sector ready to embrace real-time payments, but hurdles remain
- StoneX and TIS partner on FX payment services for treasurers
- Stora Enso publishes framework for green and sustainability-linked financing
- Bank of England hikes UK rates to 4.5%
In this special episode, Craig joins Hussam and Guillaume on their show, “Corporate Treasury 101,” a podcast that touches on the ins and outs of corporate treasury. In this show, Craig goes into the payment types that are used in the US, what electronic payments are and how they’re routed, as well as the missions of Strategic Treasurer and CTMfile.
We hope you enjoy this episode! If you’d like to hear more from Corporate Treasury 101, please visit their website here or find them on any of your favorite podcast apps.
Pushpendra Mehta meets with Paul Galloway, Senior Director of Advisory Services at Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
The Apple-Goldman Sachs partnership: the birth of a global fintech giant
Middle-market US companies embracing modern payments, yet traditional methods persist
Increasing reliance on climate scenarios come with challenges for investors
Time running out to raise US government debt ceiling
Pushpendra Mehta meets with Paul Galloway, Senior Director of Advisory Services at Strategic Treasurer, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- For five years running, treasury devotes most of its time to cash forecasting
- Top executives believe generative AI could outshine other emerging technologies
- Treasury concerned about counterparty concentration risks, per ICD survey
- JP Morgan takes over First Republic, agreeing to buy a substantial majority of its assets
Pushpendra Mehta meets with Paul Galloway, Senior Director of Advisory Services at Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Treasury leading in discovering payments fraud, but training needed
- Modern Treasury’s enhanced offering automates and simplifies end-to-end cash reconciliation for businesses
- European and Asian companies asking their banks to act as educators and advisors on ESG
- TD Securities spots a red flag re-emerging in the US$10 trillion corporate bond market
Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- More treasury practitioners expecting companies to boost spending on fraud prevention
- Artificial intelligence (AI) reshaping supply chain management
- Less than a third of companies have commitments on supply chain sustainability
- Big US banks beat earnings expectations, emerging unscathed from the banking turmoil
Pushpendra Mehta meets with Anthony Carfang, Managing Director of The Carfang Group, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- India surging ahead in real-time payments, while the US is falling behind
- Kyriba and U.S. Bank working together to accelerate real-time payments
- Corporate treasurers making a significant effort to implement fraud detection
- JPMorgan CEO cautioning against a heavy-handed regulatory response to recent bank failures
Pushpendra Mehta meets with Paul Galloway, Senior Advisor at Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Three in four companies worldwide intend adding embedded finance into their product offerings
- Bank API integration transforming the way corporate treasury teams receive funding data
- The US dollar losing ground as dominant currency in global trade and finance
- Following recent bank failures, significant deposits flow into money market funds (MMFs)
Pushpendra Mehta meets with Juan Saudino, Vice President of Consulting for Treasury at HighRadius, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Citi report underlines increased importance of treasury fundamentals in 2023
- US Federal Reserve compromises with 0.25% interest rate rise
- SAP Fioneer releases B2B embedded finance solution
- Asian firms willing to allocate up to 20% of their operating budgets to ESG
Pushpendra Mehta meets with Anthony Carfang, Managing Director of The Carfang Group, and Paul Galloway, Senior Advisor at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- UBS buying Credit Suisse in a historic rescue deal
- Tightening in lending standards expected as stress ripples through smaller banks in the US
- The US Federal Reserve commits to rolling out its real-time payment system FedNow Service in July 2023
- Citi partnering with TIS to drive cash forecasting and working capital efficiencies for treasurers
Pushpendra Mehta meets with Bob Stark, Global Head of Market Strategy at Kyriba, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Following two US bank failures, concerns about financial stability and liquidity dominate the market
- Introducing ChatGPT and its impact on corporate treasury
- Majority of treasury departments adopting hybrid work arrangements
- The rise of banking fraud poses a growing concern for financial institutions
- Deutsche Bank finances Pepperl+Fuchs's sustainable manufacturing facility in Vietnam
Pushpendra Mehta meets with Anthony Carfang, Managing Director of The Carfang Group, and Craig Jeffery, Managing Partner at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- The European Central Bank (ECB) is likely to stay the course in raising interest rates beyond March
- Modern Treasury partnering with Silicon Valley Bank to launch Global ACH
- CFOs investing in digital payments may differ on their reasons, but agree on the investment benefits
- US Treasury-led interagency working group to advance work on central bank digital currency (CBDC)
- Time for redrawing supply chains from China to Southeast Asia, says ASEAN-BAC chairperson
In this episode of the Open Treasury Podcast, Craig Jeffery, Paul Galloway and Jack Large discuss 6 topics regarding the economy, debt and technology. Listen in and follow the article links to learn more.
- Eurozone’s central banks to reveal costs of QE
- The ECB reports a loss as a result of its own rate increases, eliminating its dividends
- Ghana verges on debt default
- Goldman Sachs expects three more rate hikes from ECB
- BIS chief: Crypto has lost the ‘battle’ against fiat currency
- JPMorgan restricts traders' usage of ChatGPT due to regulatory risks over financial data
Pushpendra Mehta meets with Bob Stark, Global Head of Market Strategy at Kyriba, and Paul Galloway, Senior Advisor at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- The global payments market is expected to grow to US $848 billion in 2027 at a CAGR of 8.5%,
- CFOs see inflation and higher costs as the most pressing concern over the next 18 months.
- Finding the right treasurer is becoming a critical challenge for organizations worldwide.
- “Swatting” incidents are reaching the top ranks of Fortune 500 companies.
- Currency volatility isn’t going away, cautions Kyriba’s latest Currency Impact Report.
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Investing in M&A in tough times: lessons from the last recession
- Shift in treasurers’ thinking around ESG and sustainability investing
- US Treasury warns of risks associated with finance firms moving to the cloud
- UK Treasury aiming to launch digital pound by 2030
- Finzly offering API connection to access FedNow Service
Pushpendra Mehta meets with Anthony Carfang, Managing Director of The Carfang Group, and Paul Galloway, Senior Advisor at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Navigating currency volatility and uncertainty in 2023
- FV bank expanding into international payment services for global businesses
- Eurozone likely heading into a recession later this year
- Institutional traders shifting attention from blockchain to artificial intelligence, says JP Morgan report
- Swiss prosecutors investigating a data leak collectively worth US$100 billion
Pushpendra Mehta meets with Bob Stark, Global Head of Market Strategy at Kyriba, and Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
· Amazon expanding its payments partnership with fintech Stripe · Wafi launching Wafi.cash for open banking payments processing on e-commerce platforms · US likely heading for a ‘slowcession’ rather than a recession in 2023 · Turnover contagion is real, and the clock is ticking, says Visier · Kyriba’s Liquidity Planning Platform aims to improve the accuracy of free cash flow projections
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Bottomline Technologies arming corporates to fight authorised push payment (APP) fraud
- Increasing losses from incoming payments fraud
- The growing influence of treasury making it a more value-added function
- Bank of America CEO says ESG standards vital in order to improve capitalism
- The Universal Digital Payments Network (UNDP) launches at the World Economic Forum (WEF) 2023
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Bloomberg survey says market, credit and liquidity risk are 2023’s leading risk concerns
- Central banks are scooping up gold at the fastest pace in 55 years
- UK’s six largest banks complete open banking implementation
- Treasury workplace challenges – what to expect in 2023
-
Windsor First and Currencycloud partnering on cross-border payments
-
Market, credit and liquidity risk: Top risk concerns for 2023
- Central bank gold buying spree continues
- The big six banks in the UK successfully complete their open banking rollout
- Part 3: Top 10 corporate treasury focus areas from 2022 that are expected to linger into 2023
- Windsor First and Currencycloud join forces to enhance cross-border payments
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Five rivals vie to displace China as centre of global supply chains
- J.P. Morgan Asset Management and Trovata collaborate to enhance trading solutions
- Interview with two of the authors of ADL’s report, Banking on Cryptocurrencies – Riding the wave of uncertainty
- Part 3: Top 10 corporate treasury focus areas from 2022 that are expected to linger into 2023
- Santander expands its presence in the B2B BNPL market
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to discuss three key priorities from 2022 that are likely to continue into 2023 as focal areas for finance and corporate treasury executives. The three focus areas are drawn from the three-part article series published on CTMfile titled Top 10 corporate treasury focus areas from 2022 that are expected to linger into 2023. The podcast discussion covers the following three themes:
- Real-time payments
- Cybersecurity
- Risk management
Part 1: Top 10 corporate treasury focus areas from 2022 that are expected to linger into 2023Part 2: Top 10 corporate treasury focus areas from 2022 that are expected to linger into 2023Part 3: Top 10 corporate treasury focus areas from 2022 that are expected to linger into 2023
We hope our podcast has been informative over the past year and hope you will tune in throughout 2023 as we continue to share insights, tips and news. Happy New Year!
As we close out 2022, Craig Jeffery and Jack Large of CTMfile discuss three of the key stories from this past week. The stories centre around energy, interest rates and acquisitions. Listen in and feel free to read the full article on each story via the links below:
- IEA warns Europe of gas crisis next winter
- Europe's central banks follow Fed’s 0.50% rate hike
- Thoma Bravo to purchase and privatize Coupa Software for US $8 billion
What is your choice for the biggest or most important story of the past week and why? Please send us your thoughts at https://ctmfile.com/contact
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- 2023 predictions: Citi predicts weakest annual global economic growth in forty years
- Cybersecurity budgets of enterprises set to increase an average of only 11% over the next 24-36 months, S-RM cyber report shows
- Euro Banking Association (EBA) publishes report on use of real-time data in corporate liquidity management
- Marqeta integrates with Mastercard’s Track Instant Pay, a virtual card solution to streamline supplier invoices
- Nigeria restricts ATM cash withdrawals to push use of its central bank digital currency (CBDC), eNaira
- Interview (Part 2): Jennifer B. Lassiter, Executive Director of the Digital Dollar Project (DDP)
- Goldman Sachs plans to spend millions on cryptocurrency-related investments after FTX’s collapse
- Bitcoin could plunge about 70% to US$5,000 in 2023, according to Standard Chartered
Pushpendra Mehta meets with Paul Galloway, Senior Advisor at Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- China seen as behind gold buying spree
- CFOs remain optimistic about cash and liquidity per Bottomline survey results
- J.P. Morgan and Kyriba unveil a brand-new real-time treasury solution
- Wells Fargo unveils Vantage, a persona and AI-driven digital banking platform
- Indonesian central bank unveils plans for its digital currency based on blockchain technology
- Interview (Part 2): Jennifer B. Lassiter, Executive Director of the Digital Dollar Project (DDP)
- BlockFi, a cryptocurrency lender, declares Chapter 11
Craig Jeffery, Managing Partner of Strategic Treasurer, meets with Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following: * Starling Bank blocking incoming and outgoing transactions to crypto exchanges as crypto bans expand across UK banks * GlobeTopper and Knox Wire announcing a US $50 million global payment partnership * Ongoing data from the UK ICO revealing that the finance sector is one of the top offenders for data breaches * UK firms holding double the stock amid inventory crisis and rising inflation * Morgan Stanley’s investment group launching a US $1 billion environment-focused private equity plan
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include Chinese regulators asking banks to report on liquidity after sudden bond slump, Binance and other crypto exchanges publishing proof-of-reserves to restore faith in the crypto industry, Payments 20 publishing a new report calling for collaborative action to improve accessibility of cross-border payments, and Finzly launching a cash and treasury management super app. * China to check banks’ liquidity after bonds slump * Binance investigates a proof-of-reserves certificate to restore the crypto financial meltdown * Report calls for industry collaboration on cross-border payment synchronization * Finzly launches a treasury management super app
Working Capital Management is usually one of the top three focus areas for treasury in any given year. This fluctuates based on a number of factors. In this podcast, host Craig Jeffery talks with Mike Hewitt, CEO of Audageo Media and host of the Working Capital Summit, about the event and how working capital and SCF are areas that treasury professionals are keen to discuss.
Go to https://www.workingcapitalforumeurope.com/ for more information about the event on 01-December 2022 and to register.
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include FTX’s bankruptcy filing, Australia considering a ban on cyber ransom payments, NatWest supporting increasing demand for real-time payments, multinational corporations across industries continuing to use Citi Virtual Accounts solution to accelerate their digitisation initiatives, and the London Stock Exchange Group (LSEG) and Mizuho Financial Group, Inc. (Mizuho) joining forces to provide sustainability solutions. * Investors fear fallout of potential FTX bankruptcy * Australia explores prohibiting ransom payments to cybercriminals * NatWest introduces new APIs for corporate real-time payment processing * Multinational clients’ use of Citi's Institutional Virtual Accounts increases significantly, accelerating the digitization process * The London Stock Exchange Group and Mizuho form an alliance to promote environmental sustainability
Strengthening your defenses against fraud
In this episode, Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- The US Treasury repelling cyberattack by a pro-Russian hacker group
- Further tightening of Australia’s cybersecurity regulations expected following recent cyberattacks
- US financial institutions processing nearly $1.2 billion in ransomware-related payments last year
- Canada driving to ISO 20022, but delaying migration
- The Bank of England (BoE) delivering biggest interest rate hike in 33 years
- BIS publishing triennial central bank survey of FX and OTC derivatives markets in 2022
- JP Morgan executing first-ever cross-border transaction using decentralized finance (DeFi) on a public blockchain
- HSBC launching its new proprietary tokenisation platform dubbed HSBC Orion
- UK arm of Santander putting limit on payments to crypto exchanges
Pushpendra Mehta meets with Paul Galloway, Senior Advisor at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Australia signals further tightening, raises key rate
- European Central Bank increases rates faster than expected in the face of soaring inflation
- More large US companies link executive pay to ESG performance
- UST partners with TreasuryPay to optimise treasury and trade functions
- Kyriba launches liquidity planning, a reimagined cash flow planning and forecasting solution
- Mastercard diversifies payment flows and aims to compete for debit card volumes
- European Commission proposes mandating instant payments in euros
- M&A activity looks anemic heading to year-end
Pushpendra Mehta meets with Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Rishi Sunak focused on economic stability as Britain’s next Prime Minister
- Prioritizing integration of ESG and cybersecurity for long-term organisational value
- Deutsche Bank committed to 23% reduction in Scope 3 upstream financed emissions by 2030
- Smartphone apps easing real-time claim settlements in Asia
- Visa partnering with Thunes to expand Visa Direct’s reach to 1.5 billion digital wallets
- Global Processing Services advancing fraud detection capabilities through collaboration with Featurespace
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Mastercard launches a cloud-based analytics platform
- JPMorgan and Visa connect their private blockchain networks for cross-border payments
- Citi introduces 24/7 clearing for cross-border payments all days, including holidays
- Thoma Bravo acquiring software firm ForgeRock in a US$2.3 billion deal
- BNP Paribas buying automated currency risk management firm Kantox
- After looting over US$3 billion, crypto hackers set for a record year
- Sharp jump in UK fraud cases sparks warning of ‘national security threat’
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Paul Galloway, Senior Advisor at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Ground-breaking SWIFT innovation paves way for global use of CBDCs and tokenised assets
- European SMEs considering real-time payment capabilities over the next year
- HSBC mulls selling Canadian operations
- Amid looming recession, the World Trade Organization (WTO) cuts 2023 global trade forecast
- Dollar's gains spell earnings pain for US companies
- World currency reserves falling rapidly
- Following US calls to limit China’s access to semiconductor technology, Chinese chip stocks tumble
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Bank of America’s CashPro® modernising its sign-in experience with biometrics
- DBS partnering with FinLync to accelerate digitalisation of corporate treasury functions
- HSBC embeds banking services into Oracle NetSuite Accounts Payable Automation
- World is edging into a recession, warns WTO chief
- EQT acquires Billtrust, a company automating the invoice-to-cash process, for US$1.7 billion
- Société Générale to broaden its offering for retail and online merchants after acquiring majority stake in PayXpert
- BNY Mellon adds new ESG ratings to securities lending
- India fast-tracking projects under a U$1.2 trillion mega initiative to strengthen economic challenge to China
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the US Federal Reserve (Fed) launching the FedPayments Insights Service to help financial institutions track ACH payment trends, the UK raising its interest rate (but less than the Fed), the Eurozone outlook darkening according to Deutsche Bank forecasts, and Nomentia partnering with SEB to provide integrations and bank connectivity.
- US Federal Reserve debuts the FedPayments Insights Service for ACH tracking efficiencies (21-Sep)
- UK holds off following Fed with a 0.5% interest rate hike (22-Sep)
- Deutsche Bank predicts deeper eurozone recession in 2023 (22-Sep)
- Japan officials intervene to support the yen, first time since 1998 (23-Sep)
- Nomentia partners with SEB for bank connectivity as P27 nears (27-Sep)
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Norwegian central bank harnessing Ethereum’s infrastructure for national digital currency
- World Bank sees rising risk of global recession in 2023 amid rate hikes
- US and EU stepping up pressure on Turkey over Russia sanctions
- Bank of America payments and spending data shows continued small business resiliency
- Survey findings show fraud is becoming increasingly more prevalent
- EU’s plan for handling supply chain breakdowns criticised for overreaching
- Kyriba launches AI-based cash management tool
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to discuss key insights from the ESG investing article published on CTMfile. Read the article here
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- The United Kingdom enters mourning for Queen Elizabeth II, delaying interest rate meetings
- Australia hikes rates for a fifth month
- Hedge funds “bet US$37 billion against Italian debt”
- Emerging markets worried as China’s yuan weakens
- Recession now expected for Germany in 2023
- JP Morgan evaluates shifting its operations from Germany to London due to blackout concerns
- UK businesses to receive provisional energy relief, but concerns about zero-carbon persist
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Hong Kong’s key borrowing rate surging to highest level since 2008
- Deutsche Bank offering loans to combat energy crisis
- Spiralling gas prices threatening to trigger European recession
- Barclays selling remaining shares in South African lender Absa
- Standard Chartered focusing on Singapore’s retail segment, rolling out digital-only bank
- Banco Santander partnering with Trovata
- US companies expecting to spend more to drive productivity despite inflation
- US government restricting chip exports to China and Russia, sending semiconductor stocks tumbling
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- The US and China ending a dispute that threatened to boot Chinese companies from US stock exchanges
- Euro slumping to two-decade low
- The US Federal Reserve (Fed) indicating and sticking to rate-hiking message
- The UK National grid wargaming for winter disaster on energy supplies
- Shell CEO issuing dire warning as Europe faces ‘really tough’ winter
- Growing exodus of Hong Kong residents shrinks the city’s workforce
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Russia offering SCO countries connection to its version of SWIFT
- Multinational companies developing contingency plans in the event of a US-China military conflict
- UBS investing in BigPanda, an American AI company
- Lending rates lowered again in China
- BlackRock warning Wall Street watchdog that new ESG rules could harm investors
- Drought hurting China’s economy
- The Rhine shrinking, adding to Germany’s ongoing economic woes
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include India swapping the dollar for Asian currencies to pay for Russian trade; China’s economy slowing, prompting unexpected interest rate cuts; Citi announcing new sustainability-linked time deposit solution; Iran placing its first ever import order using cryptocurrency; and the growing threat of deepfake technology to an organization’s finances, brand and executive reputation.
- India foregoes the US dollar in trades with Russia
- China's economy takes a downturn due to pandemic outbreaks and fragile property market
- Citi introduces a deposit solution based on sustainability
- Iran places its first cryptocurrency import order
- Deepfake technology poses security and reputational risks for CEOs, CFOs and treasurers
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Carry traders “use weak euro to win in emerging markets”
- Turkey’s inflation surge drives company debt to distressed level
- UK business insolvencies reach an all-time high
- Growth in same-day ACH propels the ACH Network to 2Q profits
- American Express introduces a digital, cross-border payment solution for small businesses in the US
- TD Bank nears US $1bn deal to buy investment bank Cowen
- Global Payments to acquire EVO for $4 billion to help expand its B2B business
- UK faces the highest rate of card fraud in Europe
- Mobile Security Index 2022: more companies experiencing mobile-related compromises
Pushpendra Mehta meets with Paul Galloway, Senior Advisor at Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
Strong dollar wipes billions of corporate America’s earnings
- https://ctmfile.com/story/strong-dollar-wipes-billions-of-corporate-americas-earnings
Venture capitalists continue crypto investments – Industry roundup: 27 July
- https://ctmfile.com/story/venture-capitalists-continue-crypto-investments-industry-roundup-27-july
US rate hike adds to pressure on central banks – Industry roundup: 28 July
- https://ctmfile.com/story/us-rate-hike-adds-to-pressure-on-central-banks-industry-roundup-twenty-eighth-july
Yellen backs ‘friend-shoring’ to bolster supply chains – Industry roundup: 21 July
- https://ctmfile.com/story/yellen-backs-friend-shoring-to-bolster-supply-chains-industry-roundup-twenty-first-july
Debate heats up on privatising India’s banks
- https://ctmfile.com/story/indias-banks-time-to-privatise-industry-roundup-twenty-sixth-july
Working Capital Survey 2022: Companies need to prepare for tighter liquidity
- https://ctmfile.com/story/working-capital-survey-2022-companies-need-to-prepare-for-tighter-liquidity
SWIFT tasked with new cross-border payments challenges – Industry roundup: 29 July
- https://ctmfile.com/story/swift-tasked-with-new-cross-border-payments-challenges-industry-roundup-29-july
The digital transformation of the global payments landscape: key components and markets
- https://ctmfile.com/story/the-digital-transformation-of-the-global-payments-landscape-key-components-and-markets
Pushpendra Mehta meets with Bob Stark, Global Head of Market Strategy at Kyriba, and Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Australia’s central bank signalling series of interest rate hikes to combat inflation
- European Central Bank’s first interest rate increase in 11 years
- Planned corporate bond deals increasingly being called off as cheap funds end
- US not prohibiting agricultural commodities from Russia
- Payments sent using Zelle surpassed checks written by Bank of America customers in 2021
- Juniper Research predicts total number of tokenised payment transactions worldwide will exceed 1 trillion by 2026
- BNP Paribas entering the crypto custody space
- The US Securities and Exchange Commission working to register crypto lending firms
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Bank of Canada’s shocking 100 basis points rate hike to tame inflation
- China’s slowing economy
- U.S. inflation accelerating to a fresh 41-year high
- European Central Bank rolling out new bond instrument to contain the spread on Italian debt
- Risk management processes in U.S. corporations not keeping pace with growing risks
- Ransom payments rising as ransomware remains cybersecurity’s biggest challenge
- Citigroup’s Treasury and Trade Solutions (TTS) business posting a 33% jump in revenue
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:
- Bank of England’s warning on commodities
- China considering stimulus
- Evergrande Group on the verge of a landmark onshore default
- Euro sliding to a 20-year low
- HSBC looking to sell Russian business to Expobank
- Venture capital investments in embedded finance doubling in 2021
- The European Central Bank’s confirmation of TARGET2-Securities (T2S) platform
- Denmark’s central bank questioning the motivation for adopting CBDC
- FT alleging Wirecard forged client details for investment from SoftBank
- Juniper Research estimating online payment fraud losses to exceed $343 billion by 2027
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the thirteenth topic and fourteenth article in a series on leading practices in corporate treasury published on CTMfile. This article and their discussion today cover preparing for and monitoring unexpected events.
Leading practices part 12: Preparing for and monitoring unexpected events
Defaults, rate hikes and withdrawals. On this podcast, Jonathan, Craig and Jack discuss this week’s top stories and developments in treasury.
- Chinese developer Shimao defaults on US$1bn bond
- Recession fears “leave €40bn of European corporate bonds in distress”
- Third successive rate hike in Australia
- Corporate fundraising slips 25% as caution rules
- The Bank of London and SAP Fioneer partner to revolutionize global clearing and transaction banking
- Goldman Sachs and Derivative Path collaborate to expand transaction banking
- BNP Paribas exits the commodity finance business in the United States
Honorable Mentions
- EU agrees regulation for ‘wild west’ of crypto assets
- Crypto lender Vauld suspends withdrawals
The economy, taxation, bankers looking at cryptocurrencies, and the war in Ukraine are all hot topics this week. Jason Campbell is stepping in as this week’s host of the Open Treasury Podcast as we review the major stories and developments that were posted on CTMfile.com this week. Craig Jeffery and Jack Large also joined to share their thoughts.
Article links:
- Russia forced into historic default by sanctions
- Yellen still expects a global minimum corporate tax rate
- BNP Paribas interested in acquiring ABN Amro
- Rapidly growing neobanks now show signs of impending failure
- Cryptocurrency sector fears a chain reaction as Bitcoin drops below $20k
- BIS to urge CBDCs amid cryptocurrency uncertainties
- OCC continues interagency discussions on cryptocurrency
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the twelfth topic and thirteenth article in a series on leading practices in corporate treasury published on CTMfile. This article and their discussion today cover the messaging networks. Read the article: Leading practices part 12: Messaging networks
Pushpendra Mehta meets with Mike Richards, CEO of The Treasury Recruitment Company, and Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include US inflation rising to a 40-year high of 8.6 percent, the Bank of England hiking interest rates for the fifth time in a row to rein in inflation, DHL’s warning that supply chain problems will run for longer than expected, Bitcoin tumbling to a new 18-month low as the crypto meltdown deepens, Binance freezing Bitcoin withdrawals, organizations maintaining a majority of their short-term investments in bank deposits, Bank of America expanding Virtual Account Management (VAM) to companies in the US, and account takeover attacks surging as BNPL rises.
- Inflation at 8.6%, more Fed rate hikes anticipated [US]
- Bank of England confirms fifth monthly base rate rise [UK]
- DHL warns of continuing supply chain challenges
- Bitcoin drops to an 18-month low, investors move away from riskier assets
- Bitcoin withdrawals suspended in volatile trading
- Bank deposits make up 55% of organizations' short-term investments
- BofA expands Virtual Account Management (VAM) to US Businesses
- Account takeover attacks intensifying as BNPL thrives, warns Imperva
Find more articles at CTMfile.com
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the ECB confirming July rate hike plans and ending its bond-buying programme, Australia’s central bank raising interest rates by the most in 22 years, Russia’s Rostec announcing an alternative to SWIFT, US lawmakers unveiling sweeping crypto legislation, Apple foraying into the BNPL space, Nacha offering small volume ACH users an account verification option, and the growing menace of ransomware and resulting increases in cybercrime insurance claims.
Article links:
ECB stops bond purchases and plans rate hikes
Reserve Bank of Australia hikes interest rate again
Russia’s Rostec “has devised SWIFT alternative”
US regulatory overhaul proposed for crypto
Apple bypasses banks to provide BNPL loans directly
New Nacha partnerships to enhance validation features for small volume ACH users
Cybercrime insurance claims rise as ransomware proliferates
Pushpendra Mehta and Craig Jeffery, Managing Partner of Strategic Treasurer discuss the idea that inefficiency and inaccuracy are the natural outcome of manual processes. Tools, including systems, software, techniques, models and methods, are consequential for an effective process-based management.
Read the article: Leading practices part 11: Process mindset
Pushpendra Mehta meets with Anthony Carfang, Managing Director of The Carfang Group, and Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the EU broadening its sanctions against Russia to halt Eurobonds servicing, the US Federal Reserve embarking on quantitative tightening, Japan adopting a landmark stablecoin bill for investor protection, and the US Treasury giving a nod to AI innovation against money laundering. * Widening sanctions disrupt Russia’s Eurobond servicing * Quantitative tightening era underway in US * Japan passed the Stablecoin Act to protect investors * US Treasury to drive AI Innovation to combat money laundering
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include multiple areas: China’s reopening to ease supply chain woes, globalization and complex supply chain challenges, Germany confirming cryptocurrencies to remain tax free if held for more than a year, the ECB warning that crypto markets show signs of an emerging financial stability risk, Citigroup weighing a deal to buy Deutsche Bank’s Mexican bank, the US Federal Reserve delaying ISO 20022 implementation until 2025, Deutsche Bank collaborating with FinLync to provide instant access to real-time treasury for corporates, Ripple considering IPO after SEC suit wraps up, and Bank of England advocating for banks to take climate action immediately or face slashed profits.
Article links:
- Supply chain hopes as Shanghai reopens
- Deglobalization or evolving globalization? Corporations’ conundrum
- Germany, Europe's largest economy, to facilitate easier crypto investments
- ECB cautions that crypto markets may pose risks to overall economic stability
- Citi “mulls Deutsche Bank Mexico purchase”
- Fed puts back ISO 20022 implementation for Fedwire to 2025
- Road to automated, real-time treasury for corporates via Deutsche Bank and FinLync
- Ripple CEO says IPO again under consideration
- Bank of England urges banks to take action on climate change now or face slumps in earnings
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the tenth topic and eleventh article in a series on leading practices in corporate treasury published on CTMfile. This article and their discussion today cover compliance.
Read the article here: Leading practices part 10: Compliance
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the EU tabling a €300bn plan to stop using Russian gas, UniCredit and Commerzbank abandoning merger talks due to the Ukraine war, South Africa looking at introducing digital rand, Commonwealth Bank of Australia pausing crypto trading amid regulatory uncertainty, and Mastercard launching its Biometric Checkout Program that allows customers to pay by smiling or waving their hands at checkout.
Article links:
- EU produces €300bn plan to escape Russian gas
- Ukraine invasion “derailed UniCredit-Commerzbank tie-up”
- South Africa warming to digital rand
- Commonwealth Bank of Australia puts crypto trading process on hold while regulators hesitate
- Smile at checkout! Mastercard launches biometric facial recognition to retailers
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the Bank of Canada turning to interest rate guidance to battle inflation, McDonald’s leaving Russia altogether, Citi, BNY Mellon and Wells Fargo investing in crypto firm Talos, the de-pegging of stablecoin TerraUSD (UST) sparking contagion fears, U.S. Bank teaming up with LiquidX to speed up supply chain financing, the AFP expanding to the Middle East and Africa, and Kyriba and Strategic Treasurer working together to produce the 2022 Non-Banking Financial Institutions (NBFI) Survey Report.
Bank of Canada looks to interest rate guidance to combat inflation
- https://ctmfile.com/story/interest-rate-guidance-to-combat-inflation-industry-roundup-11-may
McDonald's makes its Russia exit permanent
https://ctmfile.com/story/mcdonalds-makes-its-russia-exit-final-industry-roundup-seventeenth-may
Citi, BNY Mellon, Wells Fargo to jointly invest US $105M in digital asset infrastructure Talos amid volatility
- https://ctmfile.com/story/these-three-banks-jointly-invest-us-105m-in-digital-asset-infrastructure-industry-roundup-13-may
Stablecoin TerraUSD’s de-pegging sparks alarm
- https://ctmfile.com/story/terrausds-fall-shakes-confidence-in-stablecoins-industry-roundup-1twelfth-may
Working capital solution to simplify and accelerate supply chain financing via US Bank and LiquidX alliance
- https://ctmfile.com/story/these-three-banks-jointly-invest-us-105m-in-digital-asset-infrastructure-industry-roundup-13-may
AFP expands to the Middle East and Africa
- https://ctmfile.com/story/terrausds-fall-shakes-confidence-in-stablecoins-industry-roundup-1twelfth-may
Survey shows NBFIs’ top three focus areas: security, compliance and efficiency
https://ctmfile.com/story/survey-shows-nbfis-top-three-focus-areas-security-compliance-and-efficiency
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the ninth topic and tenth article in a series on leading practices in corporate treasury published on CTMfile. This article and their discussion today cover the topic, “cash forecasting.”
Leading practices part 9: Cash forecasting:
https://ctmfile.com/story/important-considerations-for-cash-forecasting-leading-practices-part-9
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include global central banks ramping up inflation fight, the dollar riding high despite inflation, GTreasury collaborating with Moody’s Analytics, banks gearing up to test real-time payments across borders, and insider risk and human error posing a huge security threat to organizations.
1:12 - Central banks lower curtain on era of minimal interest rates
- https://ctmfile.com/story/central-banks-lower-curtain-on-era-of-minimal-interest-rates
2:41 - US dollar rides high despite inflation spike
- https://ctmfile.com/story/us-dollar-rides-high-despite-inflation-spike-industry-roundup-tenth-may
7:00 - GTreasury pairs with Moody’s Analytics
- https://ctmfile.com/story/us-dollar-rides-high-despite-inflation-spike-industry-roundup-tenth-may
9:34 - Banks preparing to test real-time cross-border payments
- https://ctmfile.com/story/rise-in-suspicious-crypto-activity-industry-roundup-4-may-2022
11:42 - Insider risk and human error pose grave security threat to organizations
- https://ctmfile.com/story/insider-risk-and-human-error-pose-grave-security-threat-to-organizations
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include Australia’s central bank hiking interest rates, Deutsche Bank forecasting a major US recession, Visa prioritizing cybersecurity, Central Bank of the Philippines testing wholesale CBDC, Goldman Sachs issuing first bitcoin-backed loan, Kyriba announcing the launch of a new API connector with ICD, Apple facing antitrust charges in the EU, SWIFT expelling more Russian banks, and Russian sanctions potentially leading to splintering of the global financial order.
1:20 - Australia lifts interest rate
- https://ctmfile.com/story/citi-ceo-foresees-global-schism-industry-roundup-third-may
2:08 - “Deep recession”, Deutsche Bank’s new forecast
- http https://ctmfile.com/story/industry-roundup-29-april-2022
3:19 - Visa prioritizes cybersecurity due to digital security concerns
- http https://ctmfile.com/story/industry-roundup-29-april-2022
6:43 - Central Bank of the Philippines to test wholesale CBDC
- http https://ctmfile.com/story/industry-roundup-29-april-2022
8:02 - Goldman Sachs issues first bitcoin-backed loan
- https://ctmfile.com/story/citi-ceo-foresees-global-schism-industry-roundup-third-may
9:02 - Optimizing cash and liquidity management through a self-service API via Kyriba and ICD
- http https://ctmfile.com/story/industry-roundup-29-april-2022
11:23 - Apple responsible for violating EU antitrust laws regarding its payment technology
- https https://ctmfile.com/story/apple-charged-with-violating-eu-antitrust-laws-industry-roundup-2-may
13:06 - EU indicates SWIFT to expel more Russian banks
- https://ctmfile.com https://ctmfile.com/story/citi-ceo-foresees-global-schism-industry-roundup-third-may
15:04 - Russia sanctions could splinter global financial order, says Citi CEO
- https://ctmfile.com/story/citi-ceo-foresees-global-schism-industry-roundup-third-may
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the eighth topic and ninth article in a series on leading practices in corporate treasury published on CTMfile. This article and their discussion today cover the topic, “Treasury owns working capital.”
Leading practices part 8: Treasury owns working capital - https://ctmfile.com/story/treasury-owns-working-capital-leading-practices-part-8
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the IMF predicting global economic slowdown, China cutting the reserve requirement ratio to boost economy, European corporates gaining from hedging, Wall Street banks embracing blockchain, and Mexico planning to launch CBDC by 2025.
1:20 - IMF forecasts a substantial slowdown in the world economy
- https://ctmfile.com/story/crypto-payments-industry-roundup-april-20
3:40 - China cuts banks’ foreign reserve requirement ratio to support yuan
- https://ctmfile.com/story/china-supports-covid-hit-yuan-industry-roundup-twenty-sixth-april
5:44 - European corporates “gain €3.8bn from commodities hedging”
- https://ctmfile.com/story/industry-roundup-twenty-first-april
7:38 - Shift towards blockchain adoption by major financial firms
https://ctmfile.com/story/crypto-payments-industry-roundup-april-20
10:49 - Mexico aims for CBDC by 2025
https://ctmfile.com/story/china-supports-covid-hit-yuan-industry-roundup-twenty-sixth-april
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the Bank of Canada’s interest rate hike, Brazil and Iran gearing up for CBDC pilots, Quontic Bank launching a wearable payment device, and Finastra partnering with Microsoft to offer embedded finance to SMEs.
1:13 - Bank of Canada – Tightens. Rate hike to 1%
- https://ctmfile.com/story/industry-roundup-fourteenth-april
2:55 - CBDC Pilots: Are they becoming “Real/Rial” or not: Brazil and Iran
- https://ctmfile.com/story/industry-roundup-nineteenth-april
- https://ctmfile.com/story/industry-roundup-18-april
7:36 - Payment Ring
- https://ctmfile.com/story/industry-roundup-13-april-2022
10:27 - Embedded Financing: MS Dynamics and Finastra
- https://ctmfile.com/story/industry-roundup-13-april-2022
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the eighth article in a series on leading practices in corporate treasury published on CTMfile. This article and their discussion today cover the topic of “risk management.”
Leading practices part 7: Risk management - https://ctmfile.com/story/leading-practices-part-7-risk-management
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include Moody’s assessment of the global economic impact of the Russian invasion, the world nearing recession, NatWest Group partnering with Bottomline Technologies to reduce payment fraud, IBM putting AI on a chip to improve fraud detection, and Wells Fargo and Bank of America pushing Zelle for online retail payments. 1:31 - Moody’s assesses global economic impact of Ukraine war
https://ctmfile.com/story/industry-roundup-seventh-april
4:34 - The world may be heading into a recession
https://ctmfile.com/story/the-world-may-be-heading-into-a-recession
10:31 - NatWest Group to reduce APP fraud via Bottomline technology solution
https://ctmfile.com/story/industry-roundup-06-april-2022
12:53 - IBM adds AI to a chip to boost payment fraud detection
https://ctmfile.com/story/industry-roundup-seventh-april
14:55 - Open banking competition arises as Wells Fargo, Bank of America & other major banks aim to enable Zelle for retail
https://ctmfile.com/story/industry-roundup-8-april-2022
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include India’s 30% cryptocurrency tax, Russia’s push into cryptocurrency, the US Treasury halting Russian dollar debt payments, the Ukraine war threatening to create the biggest global food crisis since WWII, and Citi launching its latest Digital Money Index. 1:19 - India to impose a 30% tax on profits from cryptocurrencies and digital assets, effective April 1st
- https://ctmfile.com/story/industry-roundup-30-march-2022
3:36 - Sberbank, locked out of the world’s financial markets, launches cryptocurrency
- https://ctmfile.com/story/industry-roundup-04-april
5:39 - Treasury halts Russian government dollar debt payments
- https://ctmfile.com/story/industry-roundup-fifth-april
7:64 - Ukraine war has brought the world to the brink of a food crisis
- https://ctmfile.com/story/ukraine-war-has-brought-the-world-to-the-brink-of-a-food-crisis
10:22 - Citi launched 2022’s Digital Money Index
https://ctmfile.com/story/industry-roundup-1-april-2022
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the seventh article in a series on leading practices in corporate treasury published on CTMfile. This article is divided into two parts (we discussed the first part in an earlier podcast – listen here: https://ctmfile.com/story/staff-development-part-a-leading-practices-in-corporate-treasury), and the discussion today covers the second part of the “staff development” topic.
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion centre around the US Fed outlining their four qualifications for a US CBDC, Apple’s open banking fintech acquisition to boost their payments business, the IMF noting a decline in US dollar dominance, and rising fraud and supply chain cybersecurity issues.
1:11 - The US Fed lists four CBDC credentials for a US CBDC, according to Chair Powell
- https://ctmfile.com/story/industry-roundup-25-march-2022
3:31 - Apple's open banking acquisition could help boost payments
- https://ctmfile.com/story/industry-roundup-25-march-2022
5:32 - IMF states US dollar’s global position as a major reserve currency is losing its position against the yuan and others
- https://ctmfile.com/story/industry-roundup-28-march-2022
7:45 - 39 seconds, rising fraud and supply chain cybersecurity
- https://ctmfile.com/story/39-seconds-rising-fraud-and-supply-chain-cybersecurity
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion centre around rising forecasts of a US recession, the Bank of England’s hike in interest rates to combat inflation, CFOs planning to fast-track business payments digitization, and the transition from LIBOR making progress.
1:21 - Forecasters raise the probability of a US recession as Fed set to hike interest rates by 25 basis points
- https://ctmfile.com/story/industry-roundup-16-march-2022
5:12 - Bank of England raises interest rates again to combat inflation
- https://ctmfile.com/story/industry-roundup-18-march-2022
6:36 - Business payments digitization to be fast-tracked by most CFOs
- https://ctmfile.com/story/industry-roundup-16-march-2022
12:21 - Transition from Libor ‘making progress’
- https://ctmfile.com/story/industry-roundup-twenty-second-march
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the sixth article in a series on leading practices in corporate treasury published on CTMfile. This article and their discussion today cover the topic, “Staff development.”
Leading practices part 6A: Staff development -https://ctmfile.com/story/leading-practices-part-6a-staff-development
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion center around ACI Worldwide’s launch of Fraud Scoring Services (FSS), the US Federal Reserve’s FedNow Service showcasing Euronet’s REN payments system, BlackRock suffering US$17bn in losses due to the Russia-Ukraine war, and airlines hedging to offset oil price hikes.
1:29 - Fraud detection service for financial institutions launched by ACI Worldwide
- https://ctmfile.com/story/industry-roundup-11-march-2022
3:59 - US Federal Reserve’s FedNow to showcase Euronet’s REN payments system
- https://ctmfile.com/story/industry-roundup-11-march-2022
5:42 - BlackRock suffers $17bn in losses due to Russia-Ukraine conflict
- https://ctmfile.com/story/industry-roundup-14-march-2022
6:22 - Airlines’ hedging offsets oil price hikes
- https://ctmfile.com/story/industry-roundup-tenth-march
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion center around US banks assessing their exposures to Russia, Danske Bank securing bank data information through quantum communications, B2B payments survey by PYMNTS.com and FIS, the new US cybersecurity law requiring companies to report cyberattacks to the government, and Russian banks converting to the Chinese card system to issue cards.
1:15 - US Banks audit their bank exposures following Russia sanctions
- https://ctmfile.com/story/us-banks-audit-their-bank-exposures-following-russia-sanctions
2:37 - Danske Bank and Quantum Key Security: Securing bank data information through quantum key innovations
- https://ctmfile.com/story/industry-roundup-02-march-2022
4:51 - B2B payments solutions seen as inadequate
- https://ctmfile.com/story/industry-roundup-third-march
6:59 - New US cybersecurity law: companies required to report cyberattacks
- https://ctmfile.com/story/industry-roundup-04-march-2022
9:11 - Russian banks are converting to the Chinese card system pursuant to Visa’s, Mastercard’s and AMEX’s shut downs in Russia
- https://ctmfile.com/story/industry-roundup-07-march-2022
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the fifth article in a series on leading practices in corporate treasury published on CTMfile. This article and their discussion today cover the topic, “Treasury owns cash.”
- Leading practices part 5: Treasury owns cash - https://ctmfile.com/story/leading-practices-part-5-treasury-owns-cash
Take the survey: https://strategictreasurer.com/flash
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion center around the global economic impact of Russia’s invasion of Ukraine, Société Générale and Credit Suisse halting Russian commodity trade finance deals, the decoupling of Russia from SWIFT, and PNC Treasury Management’s launch of a new on-demand pay solution.
1:39 - The global economic impact of Russia’s invasion of Ukraine
- https://ctmfile.com/story/the-global-economic-impact-of-russias-invasion-of-ukraine
4:25 - SG, Credit Suisse halt Russian commodity trade finance deals
- https://ctmfile.com/story/industry-roundup-first-march
6:05 - Russia disconnected from SWIFT
- https://ctmfile.com/story/industry-roundup-28-february-2022
10:43 - PNC Treasury Management adds on-demand pay tool
- https://ctmfile.com/story/industry-roundup-twenty-fourth-february
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion center around UBS, Standard Chartered and BNP Paribas joining a carbon trading platform, the Bank of England and FCA report on AI benefits and challenges for fintechs, the U.S. Federal Reserve seeing potential for CBDC, and Sidetrade’s survey linking spreadsheets with late payments.
1:16 - Three banks join carbon trading platform
- https://ctmfile.com/story/industry-roundup-twenty-second-february
3:12 - AI benefits and challenges for fintechs – latest report from Bank of England and FCA
- https://ctmfile.com/story/industry-roundup-21-february-2022
7:38 - U.S. Federal Reserve sees potential for CBDC
- https://ctmfile.com/story/industry-roundup-21-february-2022
9:32 - Survey links spreadsheets with late payments
- https://ctmfile.com/story/industry-roundup-seventeenth-february
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the third and fourth articles in a series on leading practices in corporate treasury published on CTMfile. These articles and their discussion today cover cash concentration and liquidity structure. 1. Leading practices part 3: Cash concentration - https://ctmfile.com/story/leading-practices-part-3-cash-concentration 2. Leading practices part 4: Liquidity structure- https://ctmfile.com/story/leading-practices-part-4-liquidity-structure
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion center around MUFG’s launch of a proprietary stablecoin platform, the impact of embedded finance, Volante and FIMBank extending cloud payments, and Russia’s move to regulate cryptocurrency. MUFG Launches proprietary stablecoin platform
- https://ctmfile.com/story/industry-roundup-11-february-2022
Embedded finance: The future of finance
- https://ctmfile.com/story/embedded-finance-the-future-of-finance
Cloud payments – Volante and FIMBank
- https://ctmfile.com/story/industry-roundup-tenth-february
Crypto: Russia’s move from outlawing it to regulating it
- https://ctmfile.com/story/industry-roundup-tenth-february
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion center around the partnership between Ripple and Modulr on cross-border payments, the launch of China’s digital yuan, the design for a US digital dollar initiated by the Federal Reserve Bank of Boston and MIT, and KeyBank’s launch of a cloud-first banking solution. Listen to this engaging discussion to find out more.
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Ripple partners with Modulr on Cross-Border Payments - https://ctmfile.com/story/industry-roundup-third-february
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China’s digital yuan officially launched at the Winter Olympics - https://ctmfile.com/story/industry-roundup-4-february-2022
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Design for digital dollar initiated by the Federal Reserve Bank of Boston and MIT - https://ctmfile.com/story/industry-roundup-7-february-2022
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KeyBank Launches a cloud-first banking solution - https://ctmfile.com/story/industry-roundup-7-february-2022
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion center around how CFOs are slow to automate despite the pandemic, the major announcement that SAP has acquired Taulia, the newsworthy partnership between Capital One and Trovata, and the silent burial of the Diem stablecoin. Listen to this engaging discussion to find out more.
Pushpendra Mehta sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss key insights from the first two articles in a series on leading practices in corporate treasury published on CTMfile. These articles and their discussion today cover bank account management and bank relationship management.
Host Jack Large meets with Craig Jeffery, Managing Partner of Strategic Treasurer, for their treasury news update. They review the top treasury developments on the fall of the LIBOR era, key issues that will determine the future of global capital markets, and leading practices in corporate treasury. Listen in as they share the biggest treasury stories heading into the new year.
Host Jack Large catches up with Craig Jeffery, Managing Partner of Strategic Treasurer, for their bi-weekly treasury news update. They cover the latest industry developments on global system changes, the Evergrande crisis, cashflow forecasting, and real-time lessons from the ESG frontline. This discussion also recaps CTMfile’s new webchats with industry leaders and its top ten most intriguing articles for 2021. Listen in and enjoy the conversation.
Host Jack Large joins Craig Jeffery, Managing Partner of Strategic Treasurer, to review relevant treasury news and developments. Topics of discussion center around partnerships that are driving the industry, the Bank of London announcement, and lessons and warnings surrounding supply chain management. Listen in to learn the latest news and key takeaways.
Host Jack Large sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, to explore important treasury developments from the last couple of weeks. Topics covered include reports on artificial intelligence market predictions, Australia’s working capital outlook on business sectors, and insurers increasing concern by the implications of climate risk. Listen in to find out more.
Host Jack Large catches up with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss the latest treasury news and headlines. Topics covered include Feedzai’s risk management platform, Singapore and the Philippines cross-border payments, US report on regulating stablecoins and continued coverage on the importance of ESG data. Listen in for today’s top treasury news.
CTMfile Editor and Host Jack Large sits down with guest Tim Nicolle, Founder and CEO of PrimaDollar, to review the latest treasury news. Topics of discussion center around the global rollout of the LEI standard, Bank of America’s new payment service, MasterCard’s offer of new access to capital, and real-time ESG data breakthrough on supply chains. Listen in to find out more.
Host Jack Large catches up with Craig Jeffery, Managing Partner of Strategic Treasurer, to discuss important treasury developments. They review McKinsey’s 2021 Global Payments Report and other emerging news including, Bank of America’s Recipient Payment Service, and the EBA Clearing, SWIFT and TCH instant cross-border payments trial. Tune in for important insights on the latest treasury news.
Host Jack Large sits down with Craig Jeffery, Managing Partner of Strategic Treasurer, and Ben Poole, Deputy Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion center around the annual AFP risk survey, man-in-the-middle fraud attacks, Citi’s Treasury Diagnostic report and ESG around climate impact. Listen to this engaging discussion to find out more.
Host Jack Large joins Craig Jeffery, Managing Partner of Strategic Treasurer, and Ben Poole, Deputy Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion center around new FX dataset services from CLS, SWIFT’s plans to transform to a transaction platform and to adopt and enforce global API standards, and how dark data is vital in improving forecasting. Listen in to the conversation to find out more.
Host Jack Large talks with Craig Jeffery, Managing Partner of Strategic Treasurer, on several newsworthy topics. The first topic covers a comprehensive real-time view of cash and FX following Deutsche Bank’s webchat. They move onto a discussion around real-time liquidity and end up talking about sustainable investment and monitoring. Take a moment to listen to this discussion on the latest treasury news and developments.
On this first conversation of the OpenTreasury Podcast covering the latest treasury news, Host Jack Large and Ben Poole, Deputy Editor of CTMfile, discuss a range of topics. Two topics include surveys that offer important insights into treasury developments and how corporate treasury is reacting to the various challenges, including the ongoing pandemic situation. Listen in to learn what is occupying the minds of treasurers.