SWIFT payment data shows renminbi use is on the up, while a Deutsche Bank survey indicates strong European SME interest. However, enthusiasm for renminbi from China-based suppliers may actually be waning.
The Department of Financial Services’ (DFS) accuses Standard Chartered Bank of hiding information in transactions for which ING and HSBC have just incurred record fines.
Apple’s purchase of a mobile payment security provider has set tongues wagging about its future plans and places the new method of payment service in the spotlight
ANZ has hired Gresham Computing to help launch a new cash management suite. It's only available in Australia but the bank hopes to roll it out to Asia-Pacific clients within a year.
Shanghai HA International Trading Company made the first ever cross-border payment under the People’s Bank of China’s test program for simplifying payments into China. The requirements to be part of the pilot are high.