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.
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.
As a group HSBC, Standard Chartered, and Citi are ceding ground in terms how much money their primary customers spend with them, research from East & Partners reveals. At the same time, treasurers in the region are ...