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In developed countries worldwide, corporations are substantially increasing their holdings of cash assets. Pundits, regulators and governments are asking “Why?” Those asking the question posit that
If you had asked me a year ago what the credit and debit card industry was like in Brazil, I would have said that it has always faced major challenges - many of them just down to the credit availabili...
Nice to see that SmartPool is really starting to move the dial in terms of its dark pool volume. Since January its volumes have grown to the point that it is now in third place behind Chi-Delta and...
Recently I co-hosted a webinar on AML sanctions screening alongside Chrisol Correia, Director of Strategy at Dow Jones Risk & Compliance. The presentation gave us the chance to examine some of th
An advertisement by a mutual fund company stated "investments are for when you need them". Settlement cycles are reducing on stock exchanges across the globe. Money movements for trade sett
The National Payments Plan progress report that was published in June highlighted the Payment Council’s continued focus on alternative payment technologies such as contactless. The two-year progress u...
A provision was approved by the U.S. House and Senate financial reform conferees last week, which allows banks to pay interest on business demand deposit accounts for the first time since the Great D
When a customer does a transaction with his/her bank in a product such as foreign exchange, the rate that the customer transacts at will vary depending on how much they want to please the customer an...
Once again, some of the best football teams in the world have just bombed out of the World Cup – I’m referring to the USA... As an aside, England is gone too – in part due to FIFA’s technological igno...
It’s simple. Winning a race means “getting there first”. The same rule applies to banking, with a small corollary, which is that the most agile (and not necessarily the fastest) usually wins. Is ther...
In my recent blog posts, ‘Lessons learned from the economic downturn’ and ‘What does it mean to be a ’Well Managed’ bank?’, you may recall that we have been following the exploits of my 14-year old ...
If a Relationship Manager does not know where along the credit application process the latest customer lies, which credit analyst last tended to the application and how long it took that analyst to co...