Entries by treasuryXL

What is Treasury? By Marco Lassche

10-10-2019 | Marco Lassche | Kendra Keydeniers What is treasury? Have you ever asked yourself the question, “what is Treasury?”. Many people will think about pirates and big see ships that sank deep into the bottom of the ocean including their ‘treasure’. A mystery treasure map will lead the finder to a treasure worth a […]

Our banks are not like theirs (if they even have one)

| 08-10-2019 | by Pieter de Kiewit | Recently Bloomberg reported about the authorities in Indonesia closing down 826 Fintech startups. My first assumption was this has to do with tax evasion and a very controlling government. Indonesia is most definitely not my field of expertise. Reading the article it struck me that my mindset concerning […]

The impact of PSD2 on payment transactions

| 07-10-2019 | TIS | This September the new EU directive PSD2 (Payment Services Directive 2) came into force. It is an extension of the Payment Services Directive, which was intended to harmonize the rules for payment products and services. Although this amendment affects every consumer who uses online payment services, and although sufficient notice has […]

How to stay ahead of emerging threats

| 03-10-2019 | treasuryXL | BELLIN Cyber Fraud and Treasury Company-wide strategies to understand and mitigate cyber fraud risk Cyber fraud represents a rapidly-evolving threat. It is essential for treasury departments to be aware of the new types of fraud that are emerging because of online technologies. The global nature of cyber crime means every […]

Gartner and Blockchain: the Good, the Bad and the…

| 01-10-2019 | Carlo de Meijer | treasuryXL Last year Gartner, the high-standard research institute, painted a rather realistic scenario for blockchain. In one of its research papers, Gartner stated that its latest technology hype cycle puts blockchain beyond the peak of expectations and is currently sliding down towards the trough of disillusionment stage. They estimated […]

To swap, or not to swap that is the question

30-9-2019 | Marco Lassche | Cash management in different currencies: The FX swap, a way to optimize your interest result Years ago, when I made my first baby steps in the world of Treasury at Bank Mendes Gans, my old teachers Jan Loohuis and Aart-Jan Lensvelt, taught me some good lessons. One of them, that […]

Release your Working Capital and Treasury potential

| 26-09-2019 | treasuryXL | Cashforce | Deriving meaningful information from extremely large volumes of data from multiple sources is time-consuming and inefficient for any finance or treasury function; whether that be to provide financial data or forecasts to the market, banks or internal stakeholders, the challenges are myriad. But the department cannot forecast without that insight. […]

PSD2, Open Banking and their major impact

| 24-9-2019 | François de Witte | treasuryXL | This training program at the Febelfin Academy prepares participants for 2 major challenges of the upcoming years in banking: PSD2 & Open Banking. This will have a major impact on the financial ecosystem and will create new challenges. The goal of this training course is to: Make participants […]

How will Open Banking impact Treasury?

| 20-9-2019 | treasuryXL | BELLIN Interview with Karsten Kiefer on open banking, APIs and the future of bank connectivity With financial data increasingly digitized and moved to the cloud, disruptive approaches have become available to fintechs and corporates have gained access to new and revolutionary opportunities. One such opportunity is open banking, also known […]

Using Blockchain for Legal Entity Identifiers or LEIs

| 19-09-2019 | Carlo de Meijer | treasuryXL In one of its reports, GLEIF, the Swiss-based organisation which coordinates the management of the global Legal Identity Identifier (LEI-) system, suggested to use blockchain technology for identifying financial legal entities, as that would not only improve transparency and security but may also lead to broader global […]