Extensive research on the cost savings have shown Citi that digital money is the way forward. Now, as the bank's global head of treasury and trade solutions Naveed Sultan tells Jane Cooper, it is pushing to make the move from physical to digital money a reality.
Latest articles from Transaction Banking
The explosion in payment choices in recent years has left consumers confused as banks struggle to keep up with the latest innovations. This has made the role of the merchant acquirer more important than ever, as Jane Cooper discovers.
Julian Oldale, head of global transaction services origination, North America, RBS explains how the needs of US corporate clients are changing.
In a career that has spanned multiple decades and banks, Standard Chartered's Alex Manson, group head of transaction banking, has witnessed many industry trends. He discusses the latest developments in the industry today.
Frank Abagnale's story of cheque forger-turned-good guy is well documented in print and on film. His career has seen him work in partnership with 41st Parameter CEO and founder Ori Eisen. They tell Jane Cooper about their work to stay one step ahead of the cyber criminals.
Target2-Securities, a still-sluggish economy in Europe, technological challenges, the rise of Bitcoin, an increase in project volumes and trade finance, developments in Asean, what next for the renminbi? No one is really sure what the big topic for transaction banking will be in 2015 will be, as Jane Cooper discovers.