Cash Clearing

Attended by more than 10,000 people, both in person and online, SIBOS 2024 descended on Beijing between October 21-24 - the first time Swift’s flagship conference has ever been held in Mainland China. During SIBOS, our experts from Societe Generale tackled some of the biggest issues facing payments and trade finance.

Treasurers know what they want for their cross-border payments: seamless interoperability and liquidity management. This, however, is becoming harder to achieve amid geopolitical uncertainty and proliferating sanctions and compliance obligations. Add to that real-time operations, ISO 20022 standardisation and instant cross-border payments, it is easy to see...

Macro-economic environment and higher interest rates have stressed the importance of liquidity and how to precisely forecast cash requirements for corporates with the ambition to maximise return. As a consequence, artificial intelligence will certainly play a pivotal role in the monitoring of liquidity, working capital needs and investment by taking advantage...

In 2020, the G20 countries defined goals to improve cross-border payments by 2027. Four years after that first step, the priorities have now been clearly established… as have the hurdles that need to be overcome.

Banking institutions have huge quantities of data in their hands, and it is in their interest to use this data to improve their efficiency and quality of service – provided they preserve another of their assets: trust. The cross-border payments sector, for which the implementation of the ISO 20022 standard will facilitate the structuring and exchanging of...

We are delighted to be participating to the upcoming SIBOS conference, the world’s premier financial services event organised by SWIFT, from 21 to 24 October 2024 in Beijing, China.

Societe Generale awarded “Best Bank for Transaction Banking” in Western Europe and “Best Bank for Cash Management” in France, Romania, Senegal and Cameroon.

The lines are moving in the world of cross-border payments; last September, Citigroup announced that it had completed a tokenized payment transaction between shipping giant Maersk and a channel authority. The beginning of a new era? And yet, does the image of openness and “decentralised” use, associated with cryptos, not contradict client expectations in this...