Letters of credit may be a necessary evil that prolongs the trade process, but financial regulators in the two cities are pushing blockchain as a way to solve an old problem.
Suppliers should consider offering dynamic discounts to give both themselves and their customers more options to manage working capital. This need not be conducted through traditional bank platforms delegates at CT ...
CT's Working Capital Chronicle has been updated. New deals include: Singapore Airline's new FX payments facility; Toyota's new derivatives reporting platform; and LyondellBasell Industries' cash management solution.