CASH MANAGEMENT

The roll out of a virtual account structure for a large corporate client has many advantages, especially when the solution adopted has the extra twist that Siemens and Deutsche Bank have just successfully applied. In an article first published by TMI, Heiko Nix of Siemens and Christof Hofmann of Deutsche Bank talk to TMI Deputy Editor Tom Alford

With the evolution towards borderless business, effective treasury management that takes advantage of enhanced digital capabilities is imperative for new economy companies to address their growth prospects, explains Deutsche Bank’s Kriti Jain

In an interview with Treasury Management International (TMI), Deutsche Bank’s Christof Hofmann talks to TMI’s Tom Alford about the implications for treasurers of the findings from a recent Economist Impact survey. flow shares the article first published by TMI

More and more companies are testing blockchain applications to automate processes. This is changing the requirements for payment transactions. Treasurers should be aware of the options, says Deutsche Bank’s Christof Hofmann

How will digital currencies, real-time payments and SWIFT initiatives shape the future of payments? The flow team attended EBAday 2022 to bring you its top six highlights – including a wake-up call for an upcoming regulation

As the number of cyber attacks on financial institutions increases, SWIFT needs to further safeguard its network. flow’s Desirée Buchholz reports on why the Customer Security Programme is key – and how banks should prepare for the upcoming changes in 2022

The United States and the European Union are restricting the use of SWIFT’s payments service for Russia’s banks and freeze the country’s central bank reserves. What will that mean for payments and the FX markets? flow's Desirée Buchholz draws on latest Deutsche Bank Research to summarise the current situation

As cross-border payment volumes and values increase, new market entrants are competing but also cooperating with banks to remove friction and improve transparency. How is this benefiting the end customer? flow reports from the recent BAFT 2022 Bank to Bank Forum

As delegates reconvened in person at EuroFinance 2022 in Vienna following a two-year pandemic-related hiatus, the event’s key themes were treasury readiness to navigate a choppy external environment and harnessing digital developments to improve efficiency, reach and transparency. flow shares reflections from Deutsche Bank participants

While Covid-19 infection rates are reducing in many parts of the world, the impact on societies, economies and business models will continue. flow shares key points from the latest Economist Impact report, Manoeuvring uncertainty: Treasury priorities in a volatile, post-pandemic market sponsored by Deutsche Bank

Managing cross-border payments and cash in Asia-Pacific presents its own specific challenges. How can CBDCs and AI help to remove frictions? flow summarises the four key learning points from a recent Economist Impact webinar supported by Deutsche Bank

Eliminating duplicative activities is essential for financial institutions seeking to provide added value to clients during the performance of underlying client checks. flow takes a closer look at how the Global Legal Entity Identifier Foundation has come up with a neat solution to address this

With payments fraud on the rise, how can treasury departments prepare the best line of defence against would-be fraudsters? flow reports on a recent EuroFinance webinar that explored new fraud patterns and how these risks are being addressed

In the current volatile economic and political environment, treasurers are under pressure to adapt their operations in accommodating the unexpected. flow shares insights from an Economist Impact webinar featuring the “reverse pyramid” approach to treasury from food manufacturer Kraft Heinz

The arrival of the Revised Payment Service Directive (PSD2) changed the face of European payments, but how far has this taken Open Banking? flow shares an article from Deutsche Bank’s Tino Meissner, first published in the global payments newswire The PayPers

With capital and liquidity management engaging boards with increasing interest thanks to the current economic and political climate, it is no surprise that freeing trapped cash is high on the corporate agenda. flow reports on how technology is providing solutions

Data is at the heart of treasury decision-making and process automation, so treasurers need to be assured that the data they are using is timely, accurate and complete. This is less than straightforward. flow reports on insights from the recent Global Treasury Leaders Programme webinar, Building a Data-Driven Treasury organised by Economist Impact

The migration of ISO 20022 promises to upend payments as we know them. flow looks beyond the upcoming deadlines to explore the long-term vision for the payments standard and the challenges that lie ahead for the industry

The launch of SWIFT Go is a milestone for the cross-border payments space. As the story continues to develop, flow explores how the industry is driving the initiative forward – and how companies could benefit

Best practice is something every treasurer strives for but getting there is a tough task. Drawing on the results of a benchmark review among 200 corporate treasurers globally, flow outlines five steps that will help to improve cash management

The upcoming implementation of ISO 20022 in the high value payments (HVP) space is set to unlock a host of benefits for the cross-border payments industry – from improved compliance processes to the creation of innovative products and services.  Deutsche Bank’s Joey Han explores how preparations are ramping up – and what we should expect as we transition into the ISO 20022 era

Sibos Amsterdam 2022 returned to an in-person event at the RAI Convention Centre against the backdrop of rising inflation, energy security worries and increased levels of financial crime. In the first of three post-Sibos reports, flow’s Clarissa Dann takes a deep dive into post-pandemic payments

Treasurers see expanded role in their organisation and banks are keen to assist them, says Deutsche Bank’s Claudia Villasis-Wallraff in an article first published by The Asset reproduced here in flow

Driving treasury automation has taken on added urgency since Covid-19. flow’s Desiree Buchholz and Helen Sanders looks at how the pandemic has altered priorities, why implementing new solutions takes time and how working with fintechs can help to accelerate the process

Central bank digital currencies (CBDCs) are gaining traction – but some corporate treasurers are missing a vision for token-based B2B payments, especially in Europe. flow’s Desirée Buchholz hosts a debate on the relevance of digital currencies for companies

Digital sales are booming. While marketplaces provide new business opportunities for buyers, sellers and operators, they also create new challenges for treasurers. flow’s Desirée Buchholz reports on how treasury can define a new payment strategy

Driven by local governments’ desire to promote digital economies and financial inclusion, real-time payments are accelerating in APAC. In an Economist Impact webinar supported by Deutsche Bank, two corporate treasurers shared why instant payments and APIs are vital supply chain connectors. flow reports

German vibrant science and technology company Merck has turned its treasury business in India inside out. Jörg Bermüller tells flow’s Desirée Buchholz how his team reduced FX risks, optimised liquidity and streamlined processes in an award-winning project with Deutsche Bank

For Swiss multinational healthcare company F. Hoffman-La Roche AG – aka Roche – full visibility over available intraday bank transactions is essential for its treasury department in efficiently managing cash. flow reports on how working with Deutsche Bank enabled the team to develop an enhanced intra-day statement

Despite their volatility, cryptocurrencies are gaining acceptability as an alternative asset class. However, mass adoption is unlikely, and in the meantime, central bank digital currencies are gaining traction, reports flow’s Graham Buck

Emerging from the economic slump triggered by the pandemic has proved slower and more difficult than original estimates suggested. flow’s Janet Du Chenne and Graham Buck examine the evidence that suggests the long-awaited recovery may finally be underway

First published in the October 2021 issue of The Asset Magazine, Deutsche Bank’s Raphael Jansa explains how bank-agnostic platforms have regularly demonstrated their value over multiple asset classes and use cases and why he thinks they are here to stay

Colin Lambert reports on how pandemic disruption has impacted corporates’ FX risk management strategies, illustrating this with a profile on Yusen Logistics’ use of automation to meet its new business needs 

The Bahamas launched the sand dollar, a nationwide central bank digital currency (CBDC) last October. flow’s Graham Buck reports on why its move will be followed by others around the world over the coming months as CBDCs take on cryptocurrencies

More than a year on since the onset of Covid-19, the pandemic has made centralisation a top priority for many corporate treasurers and strengthened the case for using an in-house bank, reports flow's Graham Buck

Until quite recently, the attitude of many of central banks towards digital currencies ranged from antipathy to hostility. Led by China, most are now warming to the concept – or are even actively developing their own. However, as flow’s Graham Buck reports there are a range of motivating factors behind the change in attitude

As payments become increasingly fast, minimising fraud risk and ensuring visibility is gaining importance. flow explores how the faster payments space is evolving and how pre-validation will help financial institutions and corporates

Wieland is a fast-growing German copper and copper alloy specialist. After a series of M&A acquisitions in the US, the treasury team found the successive legacy cash management systems were impeding efficiency. flow’s Desirée Buchholz reports on the turnaround

A growing buzz around central bank digital currencies (CBDCs) is seeing proofs of concept and pilots worked on by many central banks across the world. As these schemes gain traction, Deutsche Bank’s Bradley Lonnen, Alexander Bechtel and Marc Recker outlined in a webinar how CBDCs could transform cross-border payments

A diversity of currencies and regulations can make implementing an FX hedge programme in Asia challenging. Technology is key and this article from The Asset reports that for Deutsche Bank, GEM Connect helps its clients to seamlessly execute FX hedging in an automated and transparent fashion

The results of the Global Investor 2021 Beneficial Owners Survey reflect an investor focus on five areas of service differentiation against the backdrop of the stressed market conditions, say Deutsche Bank’s agency securities lending experts Johnny Grimes and Zorawar Singh

Maurice Leo, a Director in Deutsche Bank’s Agency Securities Lending team, assesses the important role of securities lending and repo in accommodating and facilitating market order and liquidity during pandemic-related volatility

Emerging from the economic slump triggered by the pandemic has proved slower and more difficult than original estimates suggested. flow’s Janet Du Chenne and Graham Buck examine the evidence that suggests the long-awaited recovery may finally be underway

As the pandemic accelerates the growth of e-commerce, Europe’s CFOs and treasurers are impatient for greater efficiencies in B2B payments, finds a Deutsche Bank Research report and survey

The European Banking Association’s EBAday 2020 addressed the ongoing payments transformation as the pandemic accelerates digital payment appetite. Delegates at this rescheduled virtual event agreed that Covid-19 has also sharpened resilience in financial services, reports flow's Graham Buck

Treasury digitisation across Asia was gaining traction even before Covid-19 struck, but the pandemic has accelerated the process. A recent Deutsche Bank webinar provided a progress report

Almost overnight, Deutsche Bank relocated more than 65.000 of its employees to working from home locations ahead of Covid-19 lockdown. flow reports on operational resilience and business continuity management

EuroFinance and The Economist Group’s most recent webinar invited three treasury professionals to share their experiences of dealing with the pandemic

Companies drag their heels on climate change because many managers believe that for the planet to win, profits must fall. And others don’t see the relevance to their customers.

As spear phishing, business email compromise and other attacks on corporates increase, the chief information security officer is everyone’s new best friend, report Wade Bicknell and Vanessa Riemer.

Deutsche Bank’s FX platform capabilities are helping corporates facing exceptional challenges triggered by the global pandemic – from maintaining liquidity to enabling employees to work from home

Deutsche Bank’s Christian Westerhaus explores the latest ISO 20022 developments in an article for Fintech Futures

As the Covid-19 pandemic continues its disruption and dislocation of economies, businesses and supply chains, banks are working with governments and their clients to ramp up support initiatives. Here are some examples of Deutsche Bank activity

By the end of 2021, Libor will have all but disappeared. Helen Sanders looks at what treasurers should consider amid the phasing out of this widely used benchmark interest rate

In December, German automotive component producer Continental agreed a €4bn revolving credit facility with a 27-bank syndicate aligned to sustainability performance. flow’s Clarissa Dann on how the company is navigating Covid-19 and a Tesla-disrupted market place

Clarissa Dann meets Group Treasurer Soumyo Dutta at the Reliance Industries Mumbai headquarters to discover more about its rapid organic growth, its journey to debt-free status, and how its treasury has aligned along the way

In the face of falling margins and rising competition – including some from non-traditional sources – the payments industry is under pressure to deliver digital, seamless and transparent solutions

Until Spotify disrupted the music ownership model, the music industry was under siege from piracy. Clarissa Dann reports on how the Swedish audio media phenomenon has applied its corporate treasury infrastructure to support this incredible growth story

By the time you have finished reading this article, an international payment will have been made from one company to another via a bank.

The implementation of Europe’s second Payment Services Directive (PSD2) has unlocked a number of new open banking solutions, such as Request to Pay (RtP).

The Covid-19 pandemic forced corporate treasury teams to suddenly adapt to working from home, but not all of them are planning a return journey to the office anytime soon, reports Rebecca Brace

Amid a delicate ecosystem of de-risking and reducing correspondent banking lines, how can the process of making cross-border payments be improved? Ruth Wandhöfer and Barbara Casu have researched market participant pain points and suggest seven scenarios for the future

German science and technology giant Merck has been developing healthcare solutions for 350 years, and remains at the leading edge of biotechnology. Graham Buck finds out how the spirit of innovation underpins its corporate treasury team

Fifteen years on from its launch, the original business template of payment services and working capital provider Payoneer successfully anticipated today’s growing online business volumes. Graham Buck reports

The dawn of negative interest rates is nigh. The world appears to be upside down since the Negative Interest Rate Policy (NIRP) – an exceptional monetary policy tool that brings nominal target interest rates below the zero bound – has changed the rules of the interest rate game for financial intermediaries. Anne-Katrin Brehm, Institutional Cash Management at Deutsche Bank looks at what those new rules mean for the transaction banking and cash management business

Rapid changes to treasury strategy introduced in response to Covid-19 appear likely to endure as companies adjust to the pandemic having longer-term impact, the latest Economist Intelligence Unit survey suggests

As open banking gains traction, regulators are turning their attention to the next stage of development. Regulatory expert Polina Evstifeeva reviews initiatives

As SWIFT’s gpi initiative approaches its fifth anniversary, many of its original goals have been achieved since the 2017 launch while more recent fine tuning has enhanced the service. What’s next on the agenda? The flow team reports

The European Central Bank’s go-ahead for an investigation phase could see a digital currency for Europe issued before the end of 2026, reports flow’s Graham Buck and Clarissa Dann

No industries are safe from digital disruption and the pandemic has accelerated the pace of change in the world of shopping. At a recent webinar hosted by The Economist, treasurers of a B2B and a B2C company outlined the challenges of expanding e-commerce operations, choosing the right platforms and payment providers, and increasing payments digitalisation to support emerging retail trends

With Covid-19 having sharpened e-commerce appetites, treasurers have responded by optimising their digital payments infrastructure and kept their financial data secure while connecting customers. flow shares key insights the Economist Intelligence Unit in the first of four reports

Goodyear’s treasury team partnered with Deutsche Bank to introduce an automated cross-currency liquidity structure. flow explores how this new solution helps the treasury team reduce operational risk and bolster operational efficiencies

While the Covid-19 pandemic has stimulated international delivery demand, fulfilment has been tough within a dislocated transportation network. flow’s Clarissa Dann reports on how Deutsche Post DHL Group has stepped up, walks the sustainability walk – and optimises its treasury

Digital signatures quickly proved popular with major corporates, but the Covid-19 epidemic is now accelerating take up by companies while the service is expanding to more countries

Automation now enables corporate clients to reduce their FX risk and enhance liquidity management. Ahead of EuroFinance Copenhagen, Graham Buck talks to Deutsche Bank’s VP risk management solutions, Xavier Szebrat

Dan Barnes explains how targeted use of derivatives can create more efficient hedging for FX risk, and provide treasurers with an alternative to incurring overnight deposit charges

With a number of domestic instant payment schemes already in place, the scope of these payments will soon cross borders. Deutsche Bank’s Jose Buey and Paul Cuddihy examine the impact of what has been a consumer phenomenon in the business-to-business space

US treasury and financial professionals are preparing for two weeks of online learning and networking at the Association for Financial Professionals’ (AFP) first virtual conference from 19-29 October

The new global language for financial communications is very much a work in progress. In this article written for The Asian Banker, Nancy So assesses how banks across the region measure up

The journey towards tomorrow’s cashless society has gathered momentum and urgency as a result of the Covid-19 pandemic, reports flow’s Graham Buck

COVID-19 has precipitated a global shock that poses significant risk for business. To assist in this situation, Deutsche Bank’s Capital Markets Strategy team provides a detailed checklist for operational, funding and risk management functions

As real-time cash management shapes the consumer experience and negative interest rates attack passive deposits, corporate treasurers are employing API-enabled analytics in determining what cash needs to move where and to optimise their FX positions, reports Elizabeth Pfeuti

At Eurofinance 2018, the 27th conference on International Treasury Management, the cooperation between banks, corporate treasurers and fintechs to achieve common goals of speed and transparency was very much in evidence. Clarissa Dann reports on how buzz words made way for road maps and milestones

Corporates’ business resilience capabilities have been tested in recent years by a series of challenges – but the scale and speed of the Covid-19 pandemic creates an unprecedented level of uncertainty to be prepared for, says Deutsche Bank’s Dennis De-Weerdt

In a discussion with The Banker, Christian Westerhaus, Global Head of Clearing Products, Cash Management at Deutsche Bank, explains how the industry is ensuring cross-border payments are keeping up with demand

While a cluster of new infections is a setback, the German approach to Covid-19 managed the epi-curve and mitigated economic damage. flow's Graham Buck reviews Germany’s pandemic performance against Sweden’s policy of no lockdown

A regulatory environment that supports the safe and robust development of the data economy is essential for banking transformation, says new white paper

Treasury operational models are under scrutiny more than ever before. But how can organisations ensure their processes are optimised for efficiency – and make sure they are not missing out on what evolving technology can do for them? Amy Beninato of Deutsche Bank and Kristy McKay of insurance multinational MAPFRE discuss their tips for success

A global pandemic and fast-changing regulation are factors accelerating the digitalisation of treasury ecosystems across Asia, as a recent webinar from The Economist Group and EuroFinance confirmed. flow ’s Graham Buck reports on the main discussion points

As the deadline for the cessation of Libor as the most widely used benchmark for financial products looms ever closer, Graham Buck reports on how SONIA, the Bank of England’s preferred successor, is gaining traction

How can you connect four billion accounts across the world in an instant? That is the bold vision of SWIFT’s CEO, Javier Pérez-Tasso. flow's Clarissa Dann talks to him about the responsibilities vested in a cooperative founded to create mutual benefit for the financial community and why a virtual Sibos for 2020 will keep the global financial community engaged

Prudential regulation in the form of the Basel accords on capital adequacy has been evolving for almost 30 years. Etay Katz and Kirsty Taylor explain this quest for safety and soundness as “Basel IV” awaits agreement

While a cluster of new infections is a setback, the German approach to Covid-19 managed the epi-curve and mitigated economic damage. flow’s Graham Buck reviews Germany’s pandemic performance against

PSD2 applies from 13 January 2018. flow summarises how this affects your business and transaction flows

Business software provider SAP leads a consistent programme of innovation, the latest being its digital boardroom. Head of Global Treasury Steffen Diel demonstrates why leaving one’s comfort zone and being permanently curious can work miracles

As cases of Covid-19 surge past 17 million, the global debt mountains that the pandemic expanded seem perpetually unscaleable. flow’s Clarissa Dann and Graham Buck take a closer look at how the rules of macroeconomics are being rewritten

With cyber-crime on the rise, and the implementation deadline under PSD2 for Strong Customer Authentication (SCA) in online payments coming up fast, banks and payment service providers are coming up with some innovative solutions. flow reports on what this means in practice

Many of the world’s most important payment market infrastructures are transforming to meet the needs of automation, integration and real-time services. All of this is underpinned by the migration to a new payments messaging standard – ISO 20022. For banks and corporates, this is more than just another IT project; it signals a major opportunity to improve payments processes and reassess business models. Paula Roels looks at the implications

Treasury digitisation across Asia was gaining traction even before Covid-19 struck, but the pandemic has accelerated the process. A recent Deutsche Bank webinar provided a progress report

Neil Frederik Jensen joined the 5000 attendees of Money2020 in its new Amsterdam home and reports a sea-change in bank-fintech cooperation to deliver a better financial services experience to the end user

The Association for Financial Professionals’ first virtual conference offered a member of former President Obama’s team on post-pandemic developments, and sessions on Fed policy and the rise of blockchain and digital currencies

How is technology supporting clients and providers in maximising FX market opportunities? Graham Buck talks to Deutsche Bank’s Head of E-FX David Leigh in the run-up to Sibos London 2019 about FX that knows what corporates need before they do…

With geopolitical risk and FX volumes on the rise, flow explores how combining the right technology with trusted market expertise is essential for corporate treasurers

Over the past four decades, corporate tax rates have been on a downward trajectory. Graham Buck examines why 2020 could mark a watershed when that trend starts to reverse

One of the unintended consequences of post-crisis regulatory tightening has been a reduction in correspondent banking relationships. But new technologies and a collaborative willingness to keep funds flowing across borders give cause for optimism, reports flow’s Janet Du Chenne