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.
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.
Overseas banks will find it simpler to do business as the China Banking Regulatory Commission simplifies procedures. For treasurers, it should mean more choice.
The bank has moved $900 million across borders at lightning speed since tapping Ripple's blockchain solution. Its transaction services chief tells CT how, and details the limits of the system.
British bank hires high-profile ex-Deutsche banker as global head of transaction banking as it ramps up its fintech offering. A high-profile treasurer is also joining.
Europe's new financial regulations might be taking the risks out of the market, but it is putting risk back into the boardroom and onto the desks of corporate treasurers
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.
When it comes to the arcane and complex task of drawing up a contract people traditionally turn to a lawyer. Can technology really cut out the middle man?
The HKMA has moved to simplify procedures for opening a bank account, scrapping the need for address verification. But will it compromise the city’s fight against money laundering?