Entries by treasuryXL

Saving on FX deals? Often neglected but potentially a “pot of gold”

| 21-8-2017 | Patrick Kunz |   Doing business internationally often means dealing with foreign currency (FX). This poses a risk as the exchange rate changes daily, basically every second. To mitigate this risk a company can hedge the position via FX deals (discussed in a previous article). But what are the costs of those […]

PSD2 – Update and new developments

| 17-8-2017 | François de Witte | Early 2017, I published a post about PSD2, a lot of opportunities, but also big challenges. Now half a year later, I would like to update you on some developments in this area. PSD2 still needs to be transposed in the national legal system of all the member countries, […]

Industries are ready for blockchain take off

| 16-8-2017 | Carlo de Meijer | An interesting study was released recently by Juniper Research. Given its findings this survey needs some more widely spread recognition and that’s the reason for this blog. Named “Which industries are the best fit for blockchain”, this study came to some interesting conclusions, that were broadly in line […]

Minor Treasury Management at Hogeschool Utrecht increasingly successful

| 15-8-2017 | Pieter de Kiewit | treasuryXL | In July 2017 our expert Pieter de Kiewit wrote an interesting article about the minor treasury managment of Hogeschool Utrecht (University of Applied Sciences). Hogeschool Utrecht started with this program three years ago and Pieter had been asked by Frans Boumans, lecturer and researcher at Hogeschool […]

Trump’s determination to protect American business

| 14-8-2017 | Rob Beemster |   Many negative issues surround the President of the United States.  Approval rating hits new low,  surprise on his erratic conduct seems to grow daily. Trump is a unique politician. He is incomparable to any other western political leader. I want to pinpoint his monetary policy in 2017, by […]

PSD2: The Disruption and Innovation of Open Banking

| 11-8-2017 | treasuryXL | The Paypers | PSD2 is a recurring topic which is of great concern to financial institutions and other payment service providers, as well as finance professionals at corporates all over the world. We read an interesting article about the disruption and innovation of open banking at The Paypers and want […]

Business intelligence for cash flows & cash positions

| 10-8-2017 | Treasury Intelligence Solutions GmbH (TIS)  | Sponsored content | How do strategic professionals decide on the best path to success for their company? The key for strategic finance professionals and the best path to success lies in transparency and real-time reporting across company-wide cash flow and liquidity levels, bank transactions, customer and […]

Cash management – Mandatory truck system

| 9-8-2017 | Douwe Dijkstra | As an interim treasurer, several times when I commence a new assignment at a new client for a cash management implementation the bank selection for the cash management solution to be implemented has already been done. Not by the treasury (or any other) department, based on a request for […]

SWIFT Blockchain POC: Enhanced cross-border payments

| 8-8-2017 | Carlo de Meijer | Early July SWIFT announced that 22 global banks recently joined its Blockchain proof of concept (PoC) initiative introduced in January this year in collaboration with six leading correspondent banks (ANZ, BNP Paribas, BNY Mellon, RBC Royal Bank and Wells Fargo). The PoC is part of SWIFT’s ‘gpi’ (global […]

Graphs with no time line – why and how

| 7-8-2017 | Lionel Pavey | A key role within the Treasury function is providing forecasts to the directors and management. Graphs are a frequently used tool of course. When constructing graphs it is normal to put time on the horizontal x axis and read the prices from left to right – from old to […]