A revolution in the way the public pays is being echoed in the corporate world. As the likes of BAML roll out innovation payment solutions for corporates, treasurers are weighing up the benefit.
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
The Japanese trading giant is dipping into Thailand's 'regulatory sandbox' to try a new payments solution. But scaling up this blockchain solution isn't going to happen any time soon.
Overseas banks will find it simpler to do business as the China Banking Regulatory Commission simplifies procedures. For treasurers, it should mean more choice.
Europe's new financial regulations might be taking the risks out of the market, but it is putting risk back into the boardroom and onto the desks of corporate treasurers
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.
Korea: corporate tax to rise for the first time since 1990, Singapore: MAS establishes e payments council, China: Ministry of Finance clarifies SOE investment regulation, Vietnam orders banks to reduce interest rates
The unmet demand for trade finance services yawns widely reaching more than $1.6 trillion. The ICC concludes banks alone will not solve this desperate issue.