Trade Finance Survey Results 2023

As Greece re-emerged from the financial crisis with firm roots on growth and innovation, Piraeus Bank embarked on its own transformation journey. In an exclusive interview with Euromoney, Thanos F Vlachopoulos, head of large corporate finance and wholesale products at Piraeus Group, reflects on the digital transformation of transaction banking at the corporate unit.

As the global banking sector faces increasingly complex challenges, sustainability has emerged as a defining priority for institutions looking to shape the future. Eva Rubio Garcia, head of global transaction banking at BBVA, speaks exclusively with Euromoney about driving change through sustainability.

In an era defined by rapid technological evolution, geopolitical uncertainty and shifting customer expectations, transaction banking finds itself at a crossroads. Euromoney sat down with Simon Paris, then CEO of Finastra, and Sylvie Boucheron-Saunier, Finastra’s CRO for payments, to discuss how banks can best move forward.

The past decade has seen transaction services undergo dramatic change, consistently leading the charge in innovation. And with an overlapping institutional client base, custodians are now recognising the urgent need for a measured modernisation of their services to the industry. We explore the parallels between the transaction banking and custody sectors, examining lessons from transaction banking that could shape the future of custody.

Citi’s Chris Cox talks to Euromoney about building a modern trade finance platform, tackling geographic fragmentation and embracing client-centric innovation.

In 2024, the transaction banking landscape has been reshaped by rapid innovation, evolving client demands and a volatile economic environment. From the rise of real-time payments and trade digitisation to the challenges of navigating higher interest rates and bolstering cybersecurity, it has been a year of adaptation and progress.