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China’s central bank is contemplating ways to make life easier for digital traders to make cross-border payments and reduce the risk of fraud, CT understands
Trial payments from Asia to Australia puts GPI on the map but speed is less critical to treasurers than tracking the payment and keeping correspondent banks on their toes.
The growth of e-payments in China could cause major headaches for its central bank's monetary policy, including making depositors more sensitive to rates.
China's FX regulator intends to make life easier for Chinese companies wishing to get involved in Belt and Road Initiative projects.
After the successful launch of its RTC, the CFO of the frozen food company believes the creation of a shared services centre is the next logical step.
With virtual accounts, the Indian FMCG has automated a key aspect of its payments process to distributors. Time saved is equivalent to three hours a day.
Intercompany netting via Excel was far too cumbersome, according to the award-wining group treasurer of the Hong Kong-headquartered logistics firm.
The Australian regional government’s foray into blockchain based debt-raising appears to be groundbreaking, but is it a solution looking for a problem?
Always keen not to play guinea pig to new products and strategies, treasurers run the risk of stifling innovation. They occassionally need to be bold.
The IMF could announce this week whether it wants to add renminbi to the special drawing rights basket of currencies. Some banks are betting that China has done enough.