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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.
With the move, companies dealing in the Korean won are expected to see significant savings in transactional costs and lessened currency risks.
AkzoNobel is the forerunner in centralising payments. The company extended its ambitious project to Asia, with some creative twists.
How Swift and SAP helped the insurance company automate its cash management, improve forecasting, and reduce its idle cash investments.
The pooling of money across borders in Asia is complex and heavily policed. CT has compiled a treasurer's guide to the dos and don'ts.