Corporate treasurers are putting forward the case for using blockchain in their daily operations, weighing the benefits and potential drawbacks. The practical implications of using blockchain and cryptocurrencies were debated from the treasurer’s perspective at a roundtable on the future of corporate banking, hosted by SEB in London in September. While banks have been trumpeting their blockchain proofs of concept and trials, Fraser Campbell, group treasurer at GKN, says he has seen banks...

Fintech labs have been a way for banks to work with start-ups to develop the products and services the incumbents need. With so many banks now taking this same approach, what's the chance of true innovation? After initially eyeing fintechs as a potential threat, banks decided to bring them on to their side, and under their terms, with the creation of a series of fintech labs. With the majority of global banks either directly running or having access to such labs, the process has reached a...

A study of European treasurers by working capital fintech C2FO finds that 75% are focusing on investing in trade finance technology in 2017. Colin Sharp, senior vice-president, EMEA at C2FO, says the shifting macroeconomic environment is pressuring corporates to refocus their efforts on trade finance: “Treasurers are facing a lot of uncertainty, both from the US and around Brexit. This is putting stress on the supply chain, with demand increasing and decreasing. Treasures want the ability to...