News 

What Does Your Corporate Brand Stand For?

“To help organizations define theirs, the authors have devised a tool called the corporate brand identity matrix” writes Mats Urde for hbr.org. The Cargotec, Bona, and Intrum cases illustrate three ways the corporate brand identity matrix can be used.But through further talks, consensus on those questions was eventually achieved, capturing Bona’s corporate brand identity as it stood then.Then everyone gathered in a plenary session to develop an aggregated framework for the corporate brand identity.Examining and refining your corporate brand is a true leadership task that requires far-reaching input and commitment,…

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Markets News 

The debt threat: Business debt, and worries about it, are up

“But with interest rates rising and U.S. economic growth expected to slow next year, worries are building from Washington to Wall Street that corporate debt is approaching potentially dangerous levels” writes The Associated Press for seattletimes.com. Even the chairman of the Federal Reserve has taken notice of the rise in corporate debt.U.S. corporate debt has grown by nearly two-thirds since 2008 to more than $9 trillion and, along with government debt, has ballooned much faster than other parts of the bond market.To take advantage, they’re increasingly “shorting” corporate bonds, which…

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News 

Cross-Border Payments Need More Than Bank-FinTech Collaboration

“According to SWIFT and McKinsey & Company research, B2B cross-border payments accounted for $125 trillion in revenues last year alone, significantly higher than the $54 billion initiated by consumer-to-business (C2B) cross-border payments” reports pymnts.com. Even more challenges are ahead for the world’s cross-border payments market, as regulatory pressures continue to cause a decline in the number of correspondent banking relationships.Earlier this year, SWIFT emphasized the success of its ongoing gpi effort, which aims to enable real-time cross-border payments between institutions that have signed on to the initiative.It’s perhaps unsurprising that…

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Open Banking Adds Intelligence To Treasury Management

“Brett Turner, founder and CEO of corporate financial data management company Trovata, recently explained to PYMNTS why this is next to impossible using traditional financial management tools” reports pymnts.com. The friction associated with manually downloading data across banking and financial platforms, and then having to normalize it to make it usable, presents a significant opportunity for open banking initiatives and APIs in the corporate cash management space.Open banking is not a regulatory requirement in the U.S., however, and banks do not necessarily have to open up their data to third…

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Markets News Regulators Stocks 

This is one of the biggest market risks that investors aren’t giving enough attention

“To avoid the pitfalls of corporate debt, Bell said more extensive research on a company’s financial health is a necessity” writes unknown author for cnbc.com. But another big market risk flying under the radar could cripple the bull market, said Lindsey Bell, an investment strategist at CFRA Research.Corporate debt, she said, is building to untenable levels just as the Federal Reserve is looking to raise rates again.”With over $9 trillion in corporate debt on the balance sheets out there, that’s concerning,” Bell said Tuesday on CNBC’s “Trading Nation.”. Peak earnings…

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News Regulators 

Former Fed Chair Yellen says excessive corporate debt could prolong a downturn

“Former Federal Reserve Chair Janet Yellen is worried about excessive leveraged lending and the level of corporate debt across Wall Street” writes Thomas Franck for cnbc.com. “I don’t see a shock in the offing that’s likely to cause that kind of financial crisis,” Yellen added, referring to the downturn a decade ago.The former Fed leader also noted that the current holders of corporate debt do not appear to be overleveraged, mitigating the risk of any credit ripple effects. The new Fed chair has overseen three increases to the federal funds…

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Wisconsin GOP legislation eases corporate tax break rules

“The lame-duck legislation would erase those annual verification requirements” writes Todd Richmond for seattletimes.com. WEDC is a quasi-governmental agency Walker created in 2011 that hands out grants, loans and tax credits to businesses and other organizations.State auditors found last year that the agency isn’t living up to that requirement and was accepting information recipients submitted as accurate and complete.MADISON, Wis. (AP) — Companies seeking tax credits from Wisconsin’s troubled job-creation agency would face less scrutiny under a provision Republicans included in a package of lame-duck legislation designed to weaken newly…

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News 

What Corporate Finance Tech Adoption Will Look Like In Two Years

“In corporate finance, the predictions are largely about the adoption of the most cutting-edge technologies, from artificial intelligence (AI) to blockchain” reports pymnts.com. Blockchain, one of the most hyped technologies in recent years — particularly when it comes to corporate finance — was chosen by only 7 percent of corporate finance professionals surveyed by Gartner as a target for their technology adoption plans.However, AI isn’t the only tool to which these companies, and their corporate finance clients, should be paying attention.In its survey of 419 corporate finance professionals, Gartner found…

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