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Inside the secretive cash industry: The money printer’s story
Date: December 7, 2023
Inside the Secretive Cash Industry: The Money Printer’s Story Despite the enthusiasm for new payment methods, cash remains an essential element in the vast majority of economies. In fact, demand for cash continues to grow, as Eric Boissonnas, Chief Executive Officer of Koenig & Bauer Banknote Solutions (KBBS), recently pointed out. With KBBS printing machines...

Global fund managers sharpen bank scrutiny following crisis -survey
Date: November 1, 2023
Global fund managers sharpen bank scrutiny following crisis -survey By Laura Matthews and Chiara Elisei NEW YORK/LONDON (Reuters) – Global fund managers are exploring ways to spread their counterparty risk, with many regularly monitoring the credit ratings of their dealer banks following the recent banking crisis, according to an industry survey released on Wednesday. Concerned...

Alstom cash flow warning wipes $3 billion off train maker’s value
Date: October 5, 2023
Alstom cash flow warning wipes $3 billion off train maker’s value (Reuters) -Alstom’s shares plunged by as much as 38% in Paris on Thursday after the French train maker slashed its full-year free cash flow target, raising concerns over its debt levels. The shares were heading for their worst one-day drop in over 20 years...

Britain makes access to fee-free cash machine a legal right
Date: August 18, 2023
Britain makes access to fee-free cash machine a legal right By Huw Jones LONDON (Reuters) – Nearly everyone in Britain will remain within three miles (4.8 km) of a cash machine that does not charge fees despite the dwindling use of notes and coins, the finance ministry said on Thursday. Banks and building societies will...

See no invoice, pay no invoice: The ERP “black hole” fuelling late payments
Date: August 2, 2023
See no invoice, pay no invoice: the ERP “black hole” fuelling late payments By Stephen Carter, Smart Procurement Evangelist, Ivalua Late payments continue to make a serious dent in the economy, costing UK businesses £27 billion each year. But the impact of late payments is far-reaching, leading to stalled cashflow and production, supply chain disruption, and damaged...

Swedish landlord SBB rules out state support as cash dwindles
Date: July 14, 2023
Swedish landlord SBB rules out state support as cash dwindles By Marie Mannes STOCKHOLM (Reuters) -Swedish property group SBB on Friday ruled out state support as it sought to repair its battered finances, marred by a heavy loss and dwindling cash. The $13 billion group, which owns swathes of property across Sweden including hospitals and...
