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Not all treasurers are sold on the new concept, but those keen to know more need to learn about how APIs operate.
The HKMA's new payments goes live at the end of the month and will leave risk levels for users and the banks to settle on.
The city state's central bank is eager to use blockchain technology to reduce its role as the intermediary in interbank settlements.
New regulations have put the future of notional pooling in question. But Asia's capital controls mean treasurers at some multinationals still see it as key to handling trapped cash in the region.
For corporate treasurers already mired in the costly, slow and opaque world of cross-border payments, ether could offer a real solution: real-time, cost-free, “crypto-payments” with the need to buy cryptocurrency.