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With payment fraud on the rise, especially in the Asia-Pacific region, coming up with a plan to protect your company is more important that ever
Hong Kong Monetary Authority is making cybersecurity defence a mandatory rule for banks to implement. But where’s the mandatory rule for firms? Maybe treasurers should establish one.
Amid reports of cyberattacks designed to hack the user end of a Swift software interface, CT checks where risk and accountability align for firms in the event of cyberfraud.
Suppliers to the world’s largest companies are starved of crucial credit lines while banks watch on the sidelines. Financial innovation is making a difference, but corporate treasurers must play a role too.
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.
Use of letters of credit (LC) for exports to Bangladesh surged 118% last year, compared with the previous 12 months. Increased trade with China is likely a key driver.
Sung Wey Min, executive director at Avant Garde Fashion, a Bangladeshi garment exporter, explains why the company is accepting renminbi payments.