Deutsche Post DHL treasurer Carola Schmitz-Becker is no stranger to efficiency concerns. Being able to receive payments instantaneously has shifted her focus towards improving the group’s e-commerce offerings.
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
The US lender’s Interbank Information Network (IIN) will take in more than 75 global banks, more than a quarter of them in Asia Pacific. Will it be enough to fend off the fintechs?
Currency volatility is a now a part of the Indian firmament, requiring skillful risk management policies. However, one unexpected consequence is a rise in shared treasury services.
Can you imagine a world without Swift? As transactions limits rise for real time payment platforms, no-fee cross border payments could soon be a reality – starting in Southeast Asia.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon
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.