A letter of credit has been issued on the Voltron blockchain platform to facilitate trade of an “oil product” between a Thai supplier and its Singaporean subsidiary. CT takes a look at Voltron’s progress so far.
After a record-breaking quarter with plans for a second digital bank, Singaporean bank UOB is seeking to enhance its trade-related corporate banking service for Southeast Asia
Two Asia-focused cross-border payment start-ups - Airwallex and InstaRem – are out to disrupt cross-border payments for businesses in the region. How soon will it be before we're all using them?
Do your banks have a reconciliation utility? Do they use machine learning solutions to process the work? Even if they do, invoice matching continues to be a tricky endeavour, says one service provider.
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
Swift announces that corporates can now enrol for a multibank payment tracker service first made available two years back to financial institutions. How much will it cost? And does it matter?
On the money-themed day of RISE – Hong Kong’s annual tech conference - fintechs working on enterprise payments were in the spotlight. Will 5G technology make a difference? If so, how much?
HSBC is offering treasurers self-managed virtual account management capabilities in Hong Kong and Singapore, pipping Citi whose solution only extends as far as Europe
Germany’s leading bank says it will now redouble its focus on corporate clients. The pressure should now intensify on Deutsche Bank’s Asia-focused corporate bankers.