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.
The Japanese trading giant is dipping into Thailand's 'regulatory sandbox' to try a new payments solution. But scaling up this blockchain solution isn't going to happen any time soon.
Hong Kong and Singapore might present themselves as the only spots to host RTCs. But corporates say setting up in China's capital can see a treasury unit play another role entirely...
Korea: corporate tax to rise for the first time since 1990, Singapore: MAS establishes e payments council, China: Ministry of Finance clarifies SOE investment regulation, Vietnam orders banks to reduce interest rates