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.

Adam Smith Award - Highly Commended Winner

The New Payments Ecosystem

A new payments ecosystem is emerging, created by higher corporate and consumer expectations of value-added services, an ever-changing regulatory landscape, the emergence of FinTechs, and an increase in payments-enabling technologies. Within this dynamic environment, payments industry participants must strategically reassess their roles.

Non-Cash Transaction Volume Analysis

Looking through 2020, we project that global payments growth will increase on average by 10.9% with emerging economies growing at 19.6%. Emerging economies are expected to grow at thrice the growth rate of mature economies with Emerging Asia led by China and India projected to grow at 30.9%.

Tightening controls to protect the customer

Compliance requirements imposed by banks often feel like an administrative and procedural cross that corporates must bear. However, behind these requirements lie various rules from different supervisory authorities binding banks to move in a particular direction. La Lettre du Trésorier, the publication of the French Association of Corporate Treasurers (AFTE) met Gautier Mouzelard, Head of Transformation Programs at BNP Paribas Cash Management, to discuss why and how, even in areas like compliance and control, there is room for creativity and innovation while still serving the interests of the customer.

Key Regulations and Industry Initiatives (KRIIs)

New Key Regulations and Industry Initiatives (KRIIs) aimed at competition and risk reduction have made the regulatory landscape even more complex. Currently, these are acting as a catalyst to infuse competition among service providers and to disrupt inertia in various segments of the payments’ value chain.

Cybersecurity: augmented risk in a digital world

Securing company financial and information assets is a responsibility for every business function, but this responsibility is particularly acute in treasury given the size of transactions and sensitivity of data. Furthermore, the financial – as well as reputational – implications of fraud are very real.