At the end of 2015, the SMCP group – Sandro, Maje, Claudie Pierlot and De Fursac – decided to migrate its e-commerce platforms to a full-service PSP solution. Olivier Brou, SMCP’s Global Head of Treasury Financing and Digital Payments, outlines the foundations of the group’s unified digital payment strategy and the challenges it’s likely to face in the future.
ACT Annual Conference 2020 – Watch our corporate case study session on-demand! Facilitator: Dino Nicolaides, Managing Director, Redbridge Debt & Treasury Advisory / Panellists: Sacha Kenny, Group Treasury Director, Smiths Group plc and Hillary Oonge, Group Treasury Manager, M-KOPA Solar
Michel Yvon, head of payments at Decathlon International, presents the innovative payment strategy of Europe’s N°1 sports retailer.
For SWIFT’s head of payment initiatives, connecting the various real-time payment systems is a way to achieve greater transparency in cross-border transfers. Interview with Isabelle Olivier.
The COVID-19 crisis is accelerating the change in consumer habits and payment behaviours across Europe. Which lessons can be drawn from it? Redbridge is pleased to invite you to a 40-minute webinar with our electronic payment experts.
The recent much publicised cases of fraud and losses in various trading companies in Asia and MENA (e.g. Hin Leong, Agritrade, Phoenix, Hontop Energy and Zenrock) have left a deep mark on the industry. The “usual suspect” group of financing banks (e.g. HSBC, ABN AMRO, Société Générale, Natixis, CACIB, BNP Paribas, ING, MUFG etc.) was seriously impacted with potential losses in some banks going well over USD 100 million. As a direct consequence some leading banks have decided to completely discontinue the coverage of this sector, others have discontinued their activities in certain geographical regions and let their respective teams go. Furthermore, new business has been frozen and thorough reviews are currently being prepared by other leading sector lenders.
Do you have a subsidiary in the United States? Are you monitoring your US cash management costs such as bank charges and electronic transaction fees? It is highly likely that these fees will increase in the near future and that your bills will be impacted. Here’s why.
According to Olivier Talvard, senior director at Redbridge, improving working capital requires careful execution to achieve its goals while simultaneously protecting the client-supplier ecosystem.
Global TMS providers are stepping up to help treasurers during the COVID-19 pandemic. Here’s how.
Florence Saliba, Chairwoman of the French Treasurer Association (AFTE) and François Gouesnard, Vice-Chairman of the Finance Commission, provide a positive assessment on the FNB’s action aimed at restoring confidence in the NEU CP market – Interview
Put in place by the French Government to offer companies easy access to COVID-19 special financial support, the banks are not entirely comfortable with some of the terms and conditions of the measures. They are exercising their normal due diligence, as they would do with any credit applications. Treasury departments should therefore not spend time thinking about the optimal financing structure in the context of more or less rapid economic recovery.
Europe’s largest companies are staying away from the special financing arrangements put in place by governments . In France, even before the presentation of the state-guaranteed loan (Prêt Garanti par l’Etat – “PGE”), several large caps had already secured additional liquidity to get them through the first few months of the crisis, such as Airbus, which announced the signing of a €15 billion syndicated loan on 23 March. Other such raising included Schlumberger with a €1.5bn Revolving Credit Facility and Diageo, who launched and priced a USD $2.5bn bond offering.
How quickly will companies take advantage of the advances in trade related technology that affords them reductions in costs as well as improvements in risk mitigation?
