Fewer risks due to digital guarantee management22 September 2023
The guarantee business has a significant role to play in securing payment obligations and guaranteeing the fulfillment of contracts. Banks and guarantee recipients have a strong interest in managing their guarantees in a legally secure and efficient manner. Digitization offers substantial advantages for banks, treasurers and finance managers alike in terms of risk minimization and professionalization. Featured article by Ludger Janßen, Managing Director and Co-CEO, Digital Vault Services GmbH and Christian Voitl, Vice President, Transaction Services Products, ING Germany. Der Treasurer 03/23, 22.09.2023Download
Instant payments: Eastern Europe leading the way
Instant payments have been technically possible in the European Union since the EU SEPA Instant Payments (SCT Inst) standard was introduced in 2017. Guest article by arten Bleijenberg is the regional head of Transaction Services Products CEE at ING Germany and Zoltán Hegedűs is the regional product manager for Transaction Services Sales at ING in Hungary. Der Treasurer 02/23, 09.06.2023
In small steps to the goal
When it comes to digitization, even even small steps can provide more freedom in work in the treasury. Guest article by Andreas Gottlieb, Director Transaction Services of ING Germany Der Treasurer 01/23, 24.03.2023
Biodiversity comes into focus in financing
Companies and banks are confronted with high societal expectations - Exploring ways to drive transformation together. Guest article by Booy Rodermond, Global Sustainability Advisor of ING Group and Stefan Zeller, Sustainable Finance Lead at of ING Deutschland 18.03.2023, Börsen-Zeitung, Supplement „Sustainability“
The central bank clothes
Central banks around the world are trying to fight inflation with aggressive interest rate hikes. There is a great danger that they will be just as powerless in this as they were in the last fight, the fight against deflation. Guest article by Carsten Brzeski, Chief Economist ING Deutschland, Global Head of Macro Research and Chief Eurozone Economist ING, 04.11.2022, FINANCE Sonderbeilage 06
When sustainability comes into focus
The trend toward greater consideration of ESG factors in the financial industry remains unabated. Guest article by Thomas Epple, Head of Financel Markets und Stefan Zeller, Sustainable Finance Expert, 15.09.2022, bank und markt
Out of the dependencies
Regional crises are increasingly becoming a challenge. For example, potential risks are emerging in business with China, and treasury has a key role to play in analyzing them. Guest article by Nikola Kopp, Head Corporate Lending und Ko Osinga, Lead Credit Risk, 23.09.2022, DerTreasurer 03/2022
Moving into the position of an advisory partner
Banks are playing a key role for organizations in transition - Offering long-term added value and going beyond their role as a simple finance provider. Featured article by Eddy Henning, Member of the Management Board of ING Germany, responsible for Wholesale Banking, 25.06.2022, Börsen-Zeitung
Multi-Currency Notional Pooling simplifies global liquidity management
Liquidity management of international companies is complex. Branches and subsidiaries often have different liquidity requirements, which may vary over time. A wide range of currencies creates additional challenges. In order to make optimum use of available liquidity and to keep funding costs low, the Treasury should be able to obtain a comprehensive picture of the company-wide liquidity situation as soon as possible. Featured article by Andreas Gottlieb is director of transaction services at ING Wholesale Banking Germany in Frankfurt am Main, 10.06.2022, DerTreasurer 02/2022
The energy transition in Germany is an enormous project. One of the greatest challenges has been (and still is) financing, which is provided primarily by the private sector. Featured article by Michael Spahn, Co-Head of Financial Institutions & Public Sector at ING Wholesale Banking in Frankfurt am Main and Jens Brokate, Vice President of the Automotive Sector at ING Wholesale Banking in Frankfurt am Main, DerTreasurer 01/2022
Simplifying payment processes
Since the pandemic began, companies in the B2B sector have been increasingly using virtual credit cards. This new payment method offers security and reduces administration work. Featured article by Matthias Wahnschaffe is vice president for transaction services at ING Wholesale Banking, DerTreasurer 04/2021
Robot-assisted process automation can reduce finance department costs. The software mimics elements of human routine, giving the finance department more time for other tasks. That's the idea behind it. Guest article by Andreas Gottlieb, Director Transaction Sales Services at ING in Germany, and Joanna Porębska-Matysiak, Director of Transaction Banking Sales Center at ING in Poland.
Banks make all the difference
When it comes to sustainable financing, banks are financial backers, advisers, facilitators and organisers all in one. The example of the energy service provider ista shows how this works in practice. Guest article by Dr. Roland Mess, Director Sustainable Finance and Marc van der Hooft, Head of International Clients.
Focus on sustainability
Jürgen von der Lehr, responsible for ING's sustainability operations, is convinced that banks can be part of the solution. Guest article by Jürgen von der Lehr, CoE Lead Strategy & Business Development.
Resilient banking relationship
Finance departments need to have fewer, but closer banking relationships. Above all, there needs to be an improved flow of information between the company and the bank. Guest article by Nikola Kopp, Team Head Diversified Lending, and Ko Osinga, Lead Credit Risk
Covid-19 as a catalyst for change
The Covid-19 pandemic has led to a significant and rapid reduction in operations across a large number of companies. Guest article by Alexander Gutmann, Managing Director Client Coverage, and Wouter Jansen, Director Corporate Lending.
Taking advantage of the momentum
The Covid-19 crisis will speed up digitalisation in finance and treasury departments. This is already being felt at the energy company Marquard & Bahls. Guest article by Christine Fritzinger, Senior Associate in Group Treasury at Marquard & Bahls AG and Marten Bleijenberg, Head of Transaction Services Products.
All in the same boat
A bank can only be successful in the long term if its customers are too. In its market report published in 2019, the Forum Nachhaltige Geldanlagen (industry association promoting sustainable investment) stated that the "total amount of sustainable investments in Germany reached a new high of 219 billion euro". Although up until now instruments such as green bonds have dominated, loans featuring sustainability components also grew dynamically for the first time in 2019. This positive trend needs to be sustained and reinforced over the coming years. Guest article by Marco Schoneveld, Manager Trade Finance Services Corporate Sales and Sustainability Representative
Sustainable banking will be an advantage
Taking sustainability criteria into account will play an important role in risk monitoring in banking in the future. By introducing appropriate regulations, credit institutions can enhance their own profile, develop their own brand and gain a foothold in the future market of sustainable financing solutions. Guest article by Marco Schoneveld, Manager Trade Finance Services Corporate Sales and Sustainability Representative
Many customers no longer want to buy products outright and instead prefer to use the pay-per-use model. This has changed the way in which companies manage their accounting and payment processes. Guest article by Yilmaz Aydin, Vice President Transaction Service Sales, and Frank Segers, Sales Lead for FINN - Banking of Things.
Always one step ahead17 November 2020
"As a bank, we believe that we have a social mission to advance sustainability". In an interview with Wien Live, Roman Ermantraut explains the key concepts of sustainable business and what role banks have to play. Guest article by Dr. Roman Ermantraut, Head of Wholesale Banking ING Austria.Download
In future, payments for bus and train tickets could be completely automated. The "Track and Trace" principle is also an option for other banks. Guest article by Yilmaz Aydin, Vice President Transaction Services Sales.
Linear economic model has its limitations
The new economic paradigm means reducing, recycling and reusing. The "circular economy" is proving to be a future market for financial services providers. Guest article by Marco Schoneveld, Manager Trade Finance Services Corporate Sales as well as Sustainability Representative.
The future of sustainability reporting
The sustainability of products and business models is increasingly becoming an integral part of company ratings. This has helped to improve sustainability reporting. Guest article by Stefanie Flora, Vice President International Clients
Are green financial products suitable for municipal utilities and small and medium-sized enterprises?
The energy revolution demands high levels of investment, both from municipal utilities as local suppliers of energy, and from companies as consumers of energy. The climate targets can only be achieved if everyone is committed to them. Energy needs to be produced in a way that generates little CO2 – consumption needs to be reduced and controlled on a needs-based basis. Investments in projects which reduce CO2 – such as flexible gas-powered power plants instead of coal-fired generation plants, sustainable business premises and energy-efficient production facilities – can help to contribute to a secure future.
The sale of project-based receivables is still rare in Germany. However, there are many advantages to the approach. Guest article by Sabrina Priester, Director Transaction Services Sales - Trade Solutions
Sustainability is becoming the new normal
In future, companies’ credit ratings will no longer be measured solely on the basis of numbers: in addition to quantitative financial assessments, increasing focus is being placed on qualitative assessments. Guest article by Marco Schoneveld, Manager Trade Finance Services Corporate Sales and Sustainability Representative.