Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.
ABB, GE, Honeywell and Siemens have already profited from the Belt and Road Initiative. CT tells you how to help your company do so too – while minimising the risks.
From artificial intelligence to more stringent regional regulations, corporate treasurers in the Asia Pacific region will have their work cut out for them in 2018.