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.
The controversial tech firm has made the news for the wrong reasons of late, but its treasury is one to follow – sharing its experience with some of the country's biggest corporates.
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.
After the city's securities watchdog steps in to stop an initial coin offering, corporates seeking to tap this funding source face a regulatory minefield. CT tries to map a way through.
Companies in China are more confident than they’ve been for five years, according to the latest survey. But going forward, will the picture always remain this rosy?
Only one-third of corporates have a CFO succession plan, a recent survey finds. Meanwhile, data and analytics eclipse other issues as their primary concern.