Real-time Collections: The Rise of Request to Pay
Much has been written in the trade press about real-time payments, but real-time collections are yet to hit the headlines in the same way. The good news, however, is that these are now becoming a reality – thanks to the growth of so-called ‘Request to Pay’ (R2P) schemes.
Tracking cross-border payments end-to-end (the easy way)
The lack of traceability in international payments has long been a bane for corporates. That is all set to change. Improved visibility and transparency, resulting in greater payments certainty are around the corner.
How does the way we anticipate a future under climate change impact present decision-making?
Future scenarios are increasingly used to support climate change planning under future uncertainty, by governments and multilateral organisations like the UN. Dr. Joost Vervoort, assistant professor at the Copernicus Institute of Sustainable Development at Utrecht University, spoke with our colleagues about the RE-IMAGINE project on World Environment Day 2018 at BNP Paribas in London, United Kingdom. The project was made possible by the BNP Paribas Foundation’s Climate Initiative Program.
#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.
2018 GREENWICH AWARDS - BNP PARIBAS DEMONSTRATES CONSISTENT GROWTH IN ALL MAJOR REGIONS
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.