Duplicated, manual processes and foreign exchange volatilities are among the most common factors hampering corporate treasurers, while treasuries themselves are becoming more and more centralised.

Macro-data accumulated through analysing global payment data creates patterns and predictions that “influence every part of our lives”, according to Anne Cairns, Mastercard’s president of International Markets.

The government should be careful not to crush emerging cryptocurrencies with excessive regulation and should focus on the benefits that these digital alternatives bring to customers, according to a new report by the BBA.

International investment organisation the CFA Institute has announced that managing director Paul Smith will now take the reins as its new president and CEO.

The finance world has long eyed cryptocurrencies with suspicion, but these will not flourish by directly challenging traditional banking and payment functions, according to experts.