#Intrapreneurship: The Start-up Spirit Within the Company
By giving employees the means to implement their own ideas for projects that are valuable to the company, intrapreneurship infuses processes with agility and broadens the potential sources of innovation. To encourage new ideas and the spirit of initiative among its employees, the BNP Paribas Group has adopted a genuine commitment to intrapreneurship. It’s a strategy that fosters internal cohesion as well as a spirit of teamwork.
SWIFT gpi: busting five myths for treasurers
Cross-border payments have long been a pain point for corporate treasurers. Thankfully, SWIFT’s global payment innovation (gpi) initiative looks set to change that. But the true benefits of gpi are not yet widely understood by the treasury community, and there are some common misconceptions about the initiative. It’s time to set the record straight.
The BNP Paribas Group has been named as the “World’s Best Bank for Sustainable Finance 2018”
For the first time, BNP Paribas has been named as the “World’s Best Bank for Sustainable Finance” for 2018, by Euromoney, a leading publication in the international finance field. During the awards ceremony, which was held in London on Wednesday 11 July 2018, BNP Paribas also took 3 other prestigious awards.
New payments ecosystem key enablers
The Payment Services Directive 2 or PSD2 has been in full force for more than six months, and its impact is being felt not just in the European Union, but across the globe – with several markets, such as Singapore, Australia, and Nigeria, as well as Hong Kong announcing open banking initiatives inspired by the PSD2. Banks’ long-time monopoly on their customers’ account information and payment services is disappearing.
Instant payments: what treasurers REALLY need to know
For many treasurers, building the business case around real-time payments (RTPs) may seem like a tough call. After all, what treasurer wants to pay money away more swiftly? Delve a little deeper into the topic, however, and the potential use cases become clear.
Collaborative Payments Ecosystem Boosts Customer-Centricity
Structural changes are spurring payments industry participants to evaluate the future of the business as well as their role in the months and years ahead.
Mobile payments: BNP Paribas learns from its customers to create new solutions
Already in widespread use across China, mobile payments are gradually reaching Europe and on a pace to become an essential payment method. By 2020, half of payments in Europe will be completed by smartphone. This growing trend offers several crucial advantages for customers and retailers alike. Let’s take an overview of these systems.
Innovation for Cash Management – Continuous Improvement Brings Greater Efficiency
In this TMI article, Gautier Mouzelard, Head of Transformation Programs writes about how banks and their corporate clients can significantly improve the management of cash and the integrity of cash and payment reporting by automating their payment processes to ensure timely and accurate delivery of payments.
Working together and thinking differently: charting a course for treasury management in Asia Pacific
Over the past decade, treasury management in Asia Pacific has undergone an evolution as the role has become more strategic and more closely aligned with the business. With a variety of forces creating a host of new opportunities and challenges for treasury teams we wanted to discover what the future will look like. To do this, Treasury Today Group brought together six of the region’s most senior corporate treasurers and transaction bankers to discuss the big trends in corporate treasury at the 2017 Talking Treasury Forum in Singapore. BNP Paribas was represented by the Head of Transaction Banking for Asia Pacific, Chye Kin Wee.
Optimising and innovating for improved collections
Receivables are what keep a company or institution in business. They are the final step of the Cash Conversion Cycle and close the gap in the Working Capital. In other words, Receivables are really important for a treasurer and yet often seen as a difficult topic to address. Inefficiency and frustration in the collection process often arise from the complexity in understanding the position of the payer.