UniCredit’s FX solution featured in GTR interview

In a recent interview with GTR, Wilhelm Stark, deputy head of finance at German wallpaper manufacturer Erismann, explains how, faced with unfavourable FX rates and fees when collecting payments from its UK-based subsidiary, it partnered with UniCredit to put a FX solution in place.

Stark explained that UniCredit was quickly able to implement UC PayFX – its fully automated FX conversion system – to processes all inbound and outbound payments through a single UniCredit euro account, and avoid paying conversion rates and high transaction fees to other international banks.

The full interview can be read at GTR here.

UniCredit’s Adeline de Metz talks Women in Trade Finance for GTR

As part of the GTR Women in Trade Finance series, Sanne Wass interviews Adeline de Metz, UniCredit’s global co-head of trade finance and working capital solutions, on her career path, current job and her advice for other women embarking on careers in the industry.

The first woman in her family to pursue higher education and a career, de Metz recounts how, initially, following her husband’s career across the world led her to a diverse set of jobs within banking. De Metz believes this variety of experience helped her stay “mobile, flexible, adaptable in terms of mindset”, leading her to where she is now. De Metz advises other women in the industry to do the same – “never say yes to a job or stay in one because ‘it looks nice on the business card’”.

To read the full article, click here.

The Paypers’ B2B Fintech Guide: UniCredit’s Cédric Derras reflects on the instant payments go live in Europe, and considers what the future holds

With instant payments going live across Europe in November 2017,  UniCredit’s Global Head of Cash Management, Cédric Derras, discusses in The Paypers’ new B2B Fintech: Payments, Supply Chain Finance & E-invoicing Guide the lessons learned from the first six months of operation.

Derras explains how results have already exceeded expectations – with instant payments proving popular both in corporate and retail settings, while coverage has already extended to 20 banks from eleven countries.

And although there is still work to be done to ensure a seamless integration with corporate systems and manage issues such as exception handling and reporting, Derras is confident that the stage is set for instant payments to become the norm across Europe and beyond.

To read the full article, click here.

UniCredit’s Thomas Dusch on the lessons learnt since the instant payments go live in TMI

With the European Payments Council’s SCT Inst scheme going live across Europe in November 2017, Thomas Dusch, Deputy Global Head of Global Transaction Banking at UniCredit discusses in Treasury Management International the lessons learnt in the months since – arguing that excellent client uptake and system stability are reasons for optimism, while collaborative solutions must still be built before instant payments become the new normal.

 

To read the full article, go here.

UniCredit’s Fabio Della Malva and Massimo Ortino discuss the benefits of receivables finance in iTreasurer

UniCredit’s Fabio Della Malva, Managing Director in Corporate & Investment Banking, and Massimo Ortino, Head of Global Transaction Banking, Americas, have been featured in iTreasurer magazine in an article on the benefits of receivable finance programs. With such programs helping to free up vital liquidity,  optimise the balance sheet, and manage risk, Della Malva and Ortino discuss a case study of a UniCredit receivables finance implementation at a leading US manufacturer.

To read this article in full, go here.

UniCredit’s Thomas Dusch considers how blockchain will impact German corporates in Corporate Finance magazine

Amid the hype surrounding blockchain technology, discussions of how it can bring value to corporates have often been vague and speculative. Yet as the technology matures and use cases become more concrete, a clearer picture is emerging of how it could shape the everyday work of corporate treasuries. Writing in Corporate Finance, UniCredit’s Deputy Global Head of Global Transaction Banking, Thomas Dusch, explains how German corporates can take advantage of this exciting new technology.

To read the full article please click here (article in German).

UniCredit’s Cédric Derras writes in TMI that the European payments landscape is entering a promising new era in 2018

With significant developments such as SWIFT gpi, instant payments, and the Second Payment Services Directive all either coming into play or entering full maturation in the European payments market, Cédric Derras, Global Head of Cash Management at UniCredit, explains in Treasury Management International how these initiatives add up for corporates, who stand to benefit from faster, more efficient, and more tailored services.

To read the full article, go here.

UniCredit shortlisted for three GTR Leaders in Trade awards

Global Trade Review has revealed the shortlist for this year’s Leaders in Trade awards, which highlight excellence in the trade, commodity, supply chain and export finance and fintech markets.

Moorgate client UniCredit, with its unique European footprint and highly innovative solutions across trade and supply chain finance, has been shortlisted in three of the award categories:

  • Best supply chain finance bank
  • Best trade finance bank in Western Europe
  • Best trade finance bank in Eastern Europe

Winners in all categories will be recognised and announced at Global Trade Review’s annual awards dinner in London on April 26, congratulations to UniCredit for making the final shortlist.

To view the full shortlist, please go here.

 

Strength in numbers: UniCredit’s Raphael Barisaac argues in Euromoney that all banks need to invest in the digitalisation of the trade finance space if the potential of new technology is to be realised

Although banks like talking about bringing digital services to trade finance, Euromoney’s annual trade finance survey 2018 revealed that few banks are currently actually using new technologies in their product offerings.

Commenting on these results, Raphael Barisaac, global co-head of trade finance at UniCredit, argued all banks need to invest in digital agendas if the potential of digital technology is to be realised.

“New digital services need to be offered by a significant number of banks. If not, banks will struggle to achieve critical mass and clients will only be able to use new technologies in a limited number of situations.”

To read the full article, please click here.