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.
Once the domain of risk-takers and corporate buccaneers, these days the humble corporate treasurer is expected to be across commodity hedging. CT looks at what to look out for.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon
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.
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.
A platoon of personal shoppers are offering a new option for corporates looking to build their presence in China. But selling via so-called daigou raises several treasury challenges.