Increased regulation and staggering fines have put reducing risk at the top of the agenda for many banks, but often at the expense of financial inclusion. How can financial institutions ensure they walk the line between compliance while ensuring sectors of society are not excluded?
Latest articles from Transaction Banking
The transaction banking environment is complex and constantly changing, writes Michael Imeson. Much of what is happening, such as the growth in real-time payments systems, is for the greater good. But there are dangers lurking in all areas of payments – wholesale, commercial and retail – especially in cyberspace.
Christian Goerlach of Deutsche Bank discusses the challenges facing intraday liquidity management as reporting requirements are tightened and the regulatory environment continues to shift.
Instant payments seems to be a popular topic in financial circles, The Banker talks to two industry experts, Isabel Schmidt, head of institutional cash Americas and global head of market management at Deutsche Bank, and Christopher Schmitz, partner, EMEIA financial services at EY, about the future of real-time transactions.
Cyberspace is a dangerous place for banks, with the risk of payments fraud, data theft, denial-of-service attacks and other crimes high. So what are banks and the regulators doing to improve cyber security in the sector?
The foreign exchange market currently finds itself under unprecedented scrutiny. Rocked by scandals over benchmark practices and investigations into the legitimacy of certain trading practices, is the asset class doing enough to get itself back on the straight and narrow?
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.