The established banks have mixed feelings about the growth of buy-now-pay-later as they ponder new payment options that are undercutting lucrative credit-card transactions.

Widespread use of digital currencies will reshape the way liquidity is managed, but it will also force banks and corporates to move away from long-established practices.

The likely use of central bank digital currency for payments, in addition to stablecoins and altcoins, would suggest that reports of the demise of the correspondent banking model may be premature.

Societe Generale’s decision to launch a joint treasury management solution with Kyriba is just the latest example of banks and technology vendors collaborating to offer more sophisticated treasury functionality.

The US bank has launched the next generation of its global virtual account management solution to clients in the UK, Ireland and the Netherlands.

Various fraud prevention technologies are deployed across the payments industry, but there are still areas where technology is underutilized in combatting fraud related to cybercriminal attacks.

Newer data formats offer greater treasury efficiency, but geographical restrictions and limited standardization mean that many corporates remain reluctant to abandon older specifications.

Given the standardization and interoperability challenges facing digital letters of credit, could wider use of digital trade finance platforms accelerate the development of alternative solutions?

Wider adoption of digital letters of credit is being held back by limited standardization and lack of interoperability.

HSBC’s new global wallet offering is the latest in a line of services enabling businesses to make and receive international payments from a single account.

Most open-banking solutions introduced to date have been focused on retail users, but the pandemic is driving demand from corporates for new application initiatives.

Fnality applies for a DLT-based sterling payment system pointing the way to faster and more resilient decentralized financial market infrastructure.

JPMorgan’s blockchain units have launched a new validation solution called Confirm. It is another small step towards mainstream use of the technology in payments.

As economies return to something approaching normal, corporates will ramp up their focus on areas such as treasury digitalization and optimization – as well as demanding more support from their banks.

A lack of standardization, together with patchy appreciation of its potential, means open banking continues to struggle to gain traction in many regions.

The dinosaurs of the banking world have recognised the threat from crypto. While there is no simple choice yet for fast and cheap cross-border payments, near instant domestic payments are the new reality.

More companies are preparing to accept payment in crypto as the number of customers with digital wallets swells. But a confusing proliferation of payment methods means that innovation has made collecting payments harder, not easier.

Data provides quantification into central but opaque market trend; PayU plans to add credit services to clients’ customers at check-out.

The fintech’s fast growth highlights the large banks’ inability to adapt their technology to provide basic finance to small businesses.

Treasurers have relied on traditional skills to navigate the circumstances they have faced over the past nine months. Changes forced by the pandemic will impact the way they, and their entire organizations, work in the future.

The pan-European payments initiative benefits from links to many of Europe’s largest banks – and has fintech in its sights.

Many corporates remain wary of virtual accounts – so what should treasurers be looking for when considering their options?

Despite their benefits, virtual bank accounts have failed to gain traction with the world’s largest corporations.

With the launch of new blockchain and digital currency business Onyx, JPMorgan hasn’t let Covid delay new ideas; in fact, the crisis has helped. Two years after a structural change in treasury services, the bank has updated its ambitions.

Open banking is making direct bank-to-bank customer payment transfers easier in the ecommerce world and is set to reduce the role of credit cards.

Brazil’s fintechs and digital challenger banks are making more ground than traditional firms with the central bank’s new payments system.

As a Swiss consortium completes a wholesale central bank digital currency proof-of-concept, is the payments industry ready for CBDCs?

New entrants proposing closed-loop systems that short-circuit traditional approaches represent an existential threat that transaction bankers cannot ignore.

Initiatives to collaborate on financial crime in the payments space continue to be hindered by poor data and compliance systems.

Brazil’s central bank launches a free instant-payments tool.