Commerzbank in Trade Financing Matters: the great bank retreat

Frank Carr Allinson2This week, Frank Carr-Allinson, Head of Trade Services Advisory at Commerzbank, writes for Trade Financing Matters on how increasing compliance costs are causing many banks to scale back their correspondent banking networks – and what this means for global trade.

To read the full article please click here

CMSpi report reveals half of UK merchants are yet to explore m-payments

CMSpi logoA new survey by CMS Payments Intelligence (CMSpi) has highlighted that fewer than 50% of merchants are exploring mobile solutions, indicating that consumer enthusiasm for mobile payments hasn’t yet been matched at the merchant level. This is primarily due to concerns regarding security, speed of processing and cost.

Brendan Doyle, CEO of CMSpi, said: “Despite the hype brought about by emerging payment types such as Apple Pay and Zapp, we aren’t seeing this play out in increased merchant adoption. The report revealed wariness when it comes to new solutions – with merchants considering implementing P2PE and contactless only now, despite their five-year availability. It’s our opinion that even a mobile payment solution that is secure, cost efficient and fast will take time to gain critical mass.”

CMSpi’s 2015 UK Payments Insights report also looks at latest trends regarding point-of-sale (POS) terminals, cash in transit, regulation and service levels. Hundreds of businesses across all merchant sectors in the UK were surveyed for the report, including names such as Shell, Arcadia Group, Travelodge, Morrisons, Matalan and Spar.

Following Moorgate’s outreach, CMSpi’s findings were reported in The Paypers, Internet Retailing, Retail Systems, Convenience Store, Let’s Talk Payments and A1 Retail.

iGTB explains why Middle Eastern banking is poised for growth in TMI

Phil_Cantor04lrPhil Cantor, Chief Marketing Officer & Head of PreSales, iGTB, spoke to TMI about the results of a recent survey, conducted at their Middle East Client Advisory Event in Dubai, which revealed great optimism in the region regarding an increase in its market share in banking.

Cantor explains that “banks headquartered in the Middle East often have the scale, energy and infrastructure to develop solutions that have the breadth and depth that their customers require, but are small enough to deliver a more personalised, integrated offering.”

To read the full article, please click here.

Is QE the death of DB? S&P tells Pensions Today that reigning in pension plan deficits will be a huge challenge for companies over the coming years

PW photoIt is the view of Paul Watters, Senior Director at Standard & Poor’s Ratings Services, that recent economic developments are causing the funding conditions for corporate defined-benefit (DB) pension plans to deteriorate. He explores this view in this month’s edition of Pensions Today, in which he points out that such pension schemes in Europe are particularly vulnerable. And with stimulus action from central banks – via Quantitative Easing (QE) – running the risk of doing nothing more than promoting stagnation in the area, Watters argues that “the challenge for companies in the coming years will be how to rein in plan deficits in the new post-QE low interest rate environment.” This especially important as liabilities will increase by 11%-18% in 2014 – and are set to climb even further this year.

The read the full article, please click here.

Central Asia and Mongolia emerging from the shadows: Commerzbank writes for The Asset

Bommersheim_MG_7647 (2)Following the recent release of Commerzbank’s Central Asia and Mongolia report, Axel Bommersheim, Regional Head CIS Countries, the Baltics and Mongolia, writes for Asia-based specialist publication, The Asset on the positive growth being experienced in the region.

Bommersheim goes on to explain how the support of a strong banking infrastructure will be essential to the success of the region’s economies, and those businesses seeking to jump on the expanding trade opportunities.

To read the full article (behind a registration wall) please click here

Commerzbank cited in GTR special report on Corporate Responsibility

Commerzbank’s Head of Product Management, Trade Services and Issues, Ruediger Geis, was interviewed by GTR for a special report published in this month’s issue, which looks at how banks are strengthening their focus on sustainability and how this is reflected in their business processes.

Geis explains in detail how Commerzbank vets transactions against a sustainability criteria and the work the bank is doing in the field of sustainable trade to drive more harmonization among all stakeholders, including the launch of its sustainable trade report.

To read the full report, please click here  commerzbank logo

S&P talks to Infrastructure Investor about geopolitical risk

In this month’s copy of Infrastructure Investor Michael Wilkins, Managing Director of Infrastructure Finance at Standard & Poor’s Ratings Services, discusses geopolitical risk. Indeed, its definition is hard to pin down, but Wilkins proposes that “geopolitical risk is caused by tensions between different states and regional conflicts”.

While geopolitical risk may be difficult to define, it is even harder to forecast. This is why Wilkins warns against discounting this type of risk in developed markets – the current consensus being that geopolitical risk goes ‘hand in hand’ with emerging markets, such as China and Russia.

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


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