Remove Concentration Remove Financial Systems Remove Treasury
article thumbnail

François Masquelier (Simply Treasury): Small is Beautiful

Simply Treasury

Large MNCs are today using big ERPs, customized to their needs, integrated, or interfaced to many other IT treasury solutions dedicated to certain tasks. These huge systems are fantastic, no doubt about that. Other simply suffer this lack of treasury tools and spend lots of human resources to compensate, helped by XL sheets.

Treasury 130
article thumbnail

World’s Best Banks 2024: Global Winners

Global Finance

The banks “failed as a result of a combination of unrealized interest rate losses from their long-term, fixed-rate assets and the loss of the low-rate deposits that had funded these assets,” Larry Wall, research center executive director of the Atlanta Fed’s Center for Financial Innovation and Stability, explained in a blog post.

Banking 107
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

OCC Defines Top Threats To Banks This Season

PYMNTS

As cyberattackers deploy more aggressive tactics, corporate banking firms have to respond with heightened cybersecurity measures to ensure confidence in the nation’s financial system, the OCC warned. Over time, consolidation among service providers has resulted in large numbers of banks reliant on a small number of service providers.”.

Banking 46
article thumbnail

Biden’s Treasury Pick Yellen Leary Of Crypto

PYMNTS

Janet Yellen, President Joe Biden's nominee for Treasury Secretary, is expected to take a hard stance on cryptocurrencies, calling digital currency a “particular concern” that is used “mainly for illicit financing,” Arstechnica and other news outlets reported on Thursday (Jan. Regulators in the U.S. These are very real risks.”.

Treasury 112