China is at the vanguard of the new payments revolution and nowhere is set to feel the pain more than China’s banks. A new report outlines just how deeply new fintech is cutting into China’s bank revenues
Evolution in fintech is challenging the way corporates manage their cashflow. Given their acquisitions Amazon, Alibaba and Tencent are at the pointy end – particularly in Asia.
The advent of open banking promises much, but without standardisation corporates and banks risk an open banking ecosystem that is piecemeal and fragmented.
SMEs form the backbone of the Singapore economy and digital solutions are helping them get on top of paperwork. Cafebond.com serves up a prime example.
How banks position themselves today in the digital space will decide what’s on offer to corporate treasurers tomorrow. Two banks take very different approaches.