August-September 2021

Transaction banking faces brave new world

The transaction banking services departments of major banks have found themselves in a tricky spot coming out of the coronavirus pandemic, with the rapidly advanced shift to expensive digitalisation butting up against a rock bottom interest rate environment that is gnawing away at revenues.

The man moving Africa’s money

Obi Emetarom is an ambitious man. He wants his fintech company Appzone to be at the heart of African banking and payments with its proprietary cloud and blockchain based technology, and, after raising US$10mn in series A funding earlier this year, he is building the team to do it.

Automation in the treasury of tomorrow

Corporate treasury functions are not the first place people think of looking when it comes to cutting edge technological advancement, but there is a bustling industry attempting to make treasury services as connected and frictionless as possible.

Are sovereign wealth funds becoming more sustainable?

With US$10 trillion in combined assets – many of which are highly polluting – the world’s sovereign wealth funds have been accused of lagging behind the rest of their financial sector in terms of their climate change commitments. What can be done to change the status quo?

Akbank gets AIIB first in Turkish sustainability drive

Turkey’s Akbank has signed a $100m sustainability-linked facility from the Asian Infrastructure Investment Bank (AIIB), becoming the Turkish first deposit bank to secure funds from the multilateral lender as sustainable finance takes deep root in the country.