When is the right time to connect ERPs and other systems?
This article is written by Cobase In an era where businesses are expanding globally and financial operations are becoming more complex, the integration of ERP systems with banking platforms is crucial. Many finance departments struggle with limited bank connectivity, delayed end-of-day statements, and manual processes that hinder efficiency and accuracy. This blog explores these challenges…
Franklin
What’s Treasury’s impact on business performance? (Part 2: Strategic Treasuries)
Introduction Strategic Treasuries – entities that transform treasury into a core driver of business performance In the previous articles, we looked at basic and control-oriented treasuries, short- and medium-term-focus in maintaining solvency and managing financial risks. But what happens when a treasury goes beyond these operational levels? What if they transform into functions that not…
Nicholas
JPMorgan’s AI Chatbot: The Future of Financial Research and Its Impact on Employees
In a groundbreaking move, JPMorgan Chase has unveiled an in-house artificial intelligence (AI) chatbot designed to function as a research analyst. This innovative tool, part of the bank’s broader strategy to integrate cutting-edge technology into its operations, is poised to revolutionize the way financial research is conducted. The Role of the AI Chatbot: A Research…
Where Are Foreign Exchange Rates Headed?
This article is a contribution from one of our content partners, Bound Introduction You know, we talk to a lot of people about exchange rates. One question we get all the time is where rates are going to go. First thing I want to be clear about here is that Bound is not in the…
The Broken State of Correspondent Banking
Written By:Royston Da CostaMastermind Board Member “The opinions expressed in this article are solely those of the author and not necessarily those of Ferguson.” Introduction Correspondent banking has long been the backbone of cross-border trade and global financial integration. However, having recently experienced what was an inefficient and complex system, I began to scrutinise the…
Unlocking new potential: integrate your Payment Service Providers
This article is written by Cobase Many businesses are familiar with integrating banks and other financial service providers into centralized platforms to streamline financial operations. However, what many do not realize is that you can now also integrate your Payment Service Providers (PSPs) with Cobase. This feature, facilitated via API, opens up new possibilities for…
Winners announced for the EuroFinance Treasury Excellence Awards 2024
Spotify, Bristol Myers Squibb, DEME, Crocs, Inc, GE Healthcare and UNHCR named as the winners. Roche were given a special commendation for the annual awards recognised as the benchmark for Treasury excellence globally. EuroFinance has unveiled the winners of the annual EuroFinance Treasury Excellence Awards 2024 recognised as the benchmark for treasury excellence globally. Each…
Treasury for Non-Treasurers: A Tale of two Operational Treasuries – Basic and Control-Oriented
A case study: Building a Control-Oriented Treasury out of a Basic One Background: “You want to reduce the chances of losses due to foreign exchange movements; First you need to set up a controlled treasury environment” Once upon a time, I was fortunate enough to have a senior Treasury position in a fast-growing company. My…
Ripple USD (RLUSD): A New Player in the Stablecoin Market
Ripple Labs, a prominent player in the blockchain and cryptocurrency space, has introduced a new stablecoin, Ripple USD (RLUSD). This stablecoin, currently in its beta phase, is designed to be pegged 1:1 to the US dollar, offering a stable value that is fully backed by traditional financial assets. Ripple’s RLUSD represents a significant step in…