OpenTreasury

Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

• Strained US-China relations: key considerations for treasurers, CEOs and CFOs
• Corporates move to diversify FX counterparties following banking crisis
• SEC adopts MMF reforms, ditches swing pricing proposal
• EBA publishes fourth opinion on EU money laundering and terrorist financing risks
• UK FSB outlines next steps on climate roadmap

Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

• Faster and instant payments may result in a surge in payment fraud
• Mastercard leverages AI to fight real-time payment scams
• US services sector surpasses growth expectations in June
• India cool on China's plans for BRICS expansion
• Fed's digital dollar research study deemed successful

Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

• Bank of America and Citi query Fed stress test results
• UK business confidence rebounds to 13-month high
• EC proposes framework for digital euro
• Investors intensify switch from equities to fixed income
• Compliance in the spotlight in an era of expanding regulatory scrutiny

Pushpendra Mehta meets with Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

• UK hikes rates again to 5% as Indonesia holds
• IMF to launch global digital currencies platform
• CHAPS transitions to ISO 20022
• Bank of America joins sustainable aviation fuel programme

Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

• China cuts key rate to stimulate sluggish economy, while Fed indicates more US interest rate hikes to come
• North American CFOs pessimistic on economic conditions
• Payment preferences and fraud keeping finance leaders up at night
• US corporate cash allocations to bank deposits drop to 47%
• Bank of America leads renewed appetite for green bonds

Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

• GTreasury and C2FO partner on treasury liquidity management solutions
• UK plans to boost open banking
• Swift explores blockchain interoperability
• Trovata's multi-bank API integration available to SAP and Oracle customers
• The future of payments success: embracing ePayables and real-time payments

Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

3 pillars of human leadership CFOs need in an era of finance AI

Asian trade corridors to outpace global average by 2030

BIS seeks to promote API harmonisation for cross-border payments

Authorities' reports find clear increase in greenwashing in Europe

CFOs to accelerate M&A activity and prioritise ESG for remainder of 2023

Pushpendra Mehta meets with Jack Large, Editor of CTMfile, and Ben Poole, Writer at CTMfile, to review the latest treasury news and developments. Topics of discussion include the following:

• Treasurers must avoid building an echo chamber
• Barclays invests in working capital technology for corporates
• Fourteen countries agree to Indo-Pacific supply chain accord
• German economy officially in recession
• UK inflation finally falls below 10%

In a gripping podcast episode, Pushpendra Mehta engages in a dynamic discussion with Anthony Carfang, Managing Director of The Carfang Group, and Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, as they delve into the latest treasury news and developments. The conversation takes a thrilling turn as they explore the potential for wholesale Central Bank Digital Currencies (CBDCs) in cross-border payments, as the New York Fed and MAS embark on an exciting journey. The anticipation builds as they analyze BNP Paribas' intriguing perspective on the US debt-ceiling suspension, revealing a potential upside risk for the dollar. The adrenaline continues to surge as Japan emerges from a recession fueled by a post-Covid consumer boom, captivating the audience with signs of economic revival. Finally, the trio uncovers strategies to combat the talent shortage in treasury and finance departments, adding a touch of intrigue to the conversation. This podcast episode is a captivating journey through the ever-evolving world of finance, leaving listeners on the edge of their seats and hungry for more thrilling insights.

Article Links:

New York Fed and MAS explore potential for wholesale CBDCs in cross-border payments

• https://ctmfile.com/story/new-york-fed-and-mas-explore-potential-for-wholesale-cbdcs-in-cross-border-payments

BNP Paribas: US debt-ceiling suspension "may offer upside risk for dollar"

• https://ctmfile.com/story/japans-economy-revives-after-dip-into-recession-industry-roundup-18-may

Japan emerges from recession on post-Covid consumer boom

• https://ctmfile.com/story/japans-economy-revives-after-dip-into-recession-industry-roundup-18-may

Strategies to combat the talent shortage in treasury and finance departments

• https://ctmfile.com/story/strategies-to-combat-the-talent-shortage-in-treasury-and-finance-departments

Download the eBook here.

Treasury sits in a unique position in the organization, and excelling as treasurer requires unique strategy and the proper mindset across multiple areas. With insights covering everything from important steps for the new treasurer to leading practices for securing resources, overcoming blind spots, staff development, metrics, technology, working capital, and more, the Guide to Excellence in Treasury eBook offers strategies and fine-tuned approaches to major areas of challenge for treasurers.

Whether you're aiming to become a treasurer, have just landed the job, or have held the position for years but are still seeking ways to improve and grow, this guidebook should have some ideas that will help you and your organization thrive.

-------------------- 0:00 Opening 1:30 Introduction 2:24 Preparing to Become the Treasurer 7:16 First Steps for the New Treasurer 12:05 Effective Communication 24:19 Securing Resources 30:04 Overcoming Blind Spots 35:59 Building and Developing Your Team 47:33 Metrics 55:59 Approaching Technology Intentionally 1:00:49 Taking Ownership of Cash, Working Capital, and Payment Security 1:16:56 Basics of Risk Management 1:21:21 Closing