KYC has become a serious concern for EACT members over recent years: it is increasingly complex to fulfil all unstructured and nonharmonized requests. In all recent surveys, KYC is listed as a top priority for corporates and its rising costs are a source of frustration as KYC consumes lots of time, resources and money. Central KYC registers or solutions would create significant savings.
.jpg "Flying Start: Taming SITA’s Vast and Complex Payments Set-up")
Determined to bring order to its payments infrastructure, SITA called upon Unifiedpost, and its cloud-based PowertoPay corporate payments hub, for help.
Read.png "EACT Treasury Roundtable with Global Legal Entity Identifier Foundation (GLEIF) on use of the LEI in Treasury")
On 4 February the EACT and the Global Legal Entity Identifier Foundation (GLEIF) hosted a roundtable with a number of senior corporate treasury representatives to discuss how the LEI and the global system it is embedded in can simplify, secure, and digitise processes across treasury departments.
Read
The fundamental changes businesses are facing have inevitably impacted the way treasury is managed. Has the current health crisis had an impact on treasury technologies and the digital transformation of organisations?
Read.png "Regulatory Round-up with the EACT")
With the current European Parliament’s term running from 2019 to 2024, now is a good time to cast an eye over what is and what will be in terms of financial market regulations.
Read.png "From Bitcoin to Central Bank Digital Currency (CBDC)")
In recent months, we have seen the first steps of concerted moves towards CBDCs. This change of attitude is welcome as it complements other private and public initiatives in the world of payments which is innovating at a greater pace than ever.
Read