How can banks win the battle against cybercrime? Polaris’ Madhu K. discusses in Cash and Trade

11According to recent studies, no other sector has reported more incidents of cybercrime than the financial services industry. For many financial institutions, however, investment in security technology is still perceived as yet another cost, and knowledge-sharing remains limited by concerns over customer confidence and confidentiality.

In this context, Madhu K, Chief Information Security Officer at Polaris Consulting & Services Ltd, writes the cover story for the latest issue of Cash and Trade, explaining the most common threats in cybercrime and how financial institutions can reduce such incidents and protect themselves against risk in the future. Securing a safe future for finance will require the appropriate technology as well as a change of attitude from banks, which must come together and join forces against the ever-growing threat from cyber criminals.

To read the full article, please click here. (Please note, this link lies behind a paywall)

Commerzbank explains how treasurers can gain from RMB internationalisation in AFP’s newsletter

RMB

The recent turbulence in China’s markets, coupled with RMB’s devaluation, has caused much consternation among investors and companies alike. However, writing for AFP Online’s Global Treasury and Finance Insights newsletter, Michael Rugilo, Asia Expert, and Barbara Herbert, Renminbi Specialist, at Commerzbank, reveal how treasurers can cope with a volatile currency – arguing that with the correct treasury setups, embracing an internationalising RMB can present significant advantages.

To read the article in full, please click here.

CMSpi’s Alistair Combes features as the guest columnist in Gambling Insider

ACombes_jpgInterchange fee regulation (IFR), which aims to introduce fairer fees for merchants, is set to come into force in December 2015. Yet CMSpi has learned that Visa plans to maintain its current debit card interchange fees in the UK after the IFR’s implementation. In Gambling Insider‘s GI Friday magazine, Alistair Combes, Director of Knowledge at CMSpi, discusses how this, as well as Visa Europe’s impending takeover by Visa Inc., could have huge implications for merchants in the gaming industry.

To read the full article, please click here

 

 

Natixis’ Artus writes for City AM on China’s dark days ahead

patrick-artus-img3Patrick Artus, Natixis’ Chief Economist, writes in today’s City AM newspaper on ‘Black Monday’ and China’s transition crisis. Indeed, this week has shaken Mr Xi’s credibility, as well as his vision to transform China’s investment-driven economy into one led by consumption. As the world’s second-largest economy, there will no doubt be increasing pressure for further reforms in which the Chinese administration will have to let go of its rein on the markets, including its hold on the RMB.

To read the article, please click here

Deutsche Bank’s Mahesh Kini answers questions on treasury in Asia for ACT

Mahesh Kini Deutsche BankAhead of the Association of Corporate Treasurers’ (ACT) Asia Forum ‘New World of Treasury‘, to be held in Singapore this year, Mahesh Kini, Regional Head of Cash Management Corporates, Asia Pacific, Deutsche Bank, answers some questions on running treasury centres in the region, and what the future of Asian treasury looks like.

Kini discusses which locations are enjoying particular popularity, and what the benefits and challenges are for treasurers in the region.

To read the full Q&A, please click here.

S&P tells GB&FR that all eyes are on Europe’s Juncker Plan

europe globeMichael Wilkins, Managing Director of Infrastructure Finance at Standard & Poor’s, writes for Global Banking & Finance Review about the ‘Juncker Plan’ – an initiative announced by the European Commission in January, which has the ambitious objective of boosting Europe’s faltering economies by delivering €315 billion of infrastructure investment over the next three years. Certainly, securing this amount of funding will be a challenge, but with the ‘crowding in’ of private investment and initiatives such as the European Investment Advisory Hub to offer support, Wilkins believes it is a surmountable one.

To read the full article, please click here.

In latest FTSE Global Markets blog, Natixis’ Patrick Artus examines eurozone’s reliance on external factors as main drivers of growth

patrickartus

Writing for FTSE Global Markets, Artus argues that external factors are acting as main drivers of growth in the eurozone. Basing his argument on recent research, Artus explains that, without the fall in oil prices and the depreciation of the euro, growth would have been feeble in Germany, France and Italy in the first quarter of 2015. Artus warns that the eurozone may be more fragile than often suggested by economic figures and that sustainable growth is yet to be achieved by the bloc.

To read the article, please click here.

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