Southeast Asian markets have benefitted from the ongoing US-China tensions, emerging as a major area for businesses looking for diversification and to tap a young, digital savvy workforce.
With Bank of China as the first institution signed up, the pilot programme aims to facilitate the onboarding process for corporates trading with Chinese firms.
The partnership offers suppliers access to payments at an earlier stage of the traditional supply chain, enabling more efficient release of working capital.
Singapore’s B2B-focussed corporates stick to traditional cross-border payment methods despite a growing demand for digitisation, a report by Rapyd has revealed. Eric Rosenthal, the firm’s chief strategy officer, ...
The digital asset launch, which started last week and closed today, aims to offer both traders and investors an alternative way of funding and investing in trade and supply chain finance products.
Global small and medium-sized businesses (SMBs) expect to expand globally within the next year but say cross-border payments will be among their chief challenges.
Compliance with ESG regulation is a growing concern among corporate treasurers. Many are turning to supply chain finance to help them meet their ESG objectives, with technology becoming increasingly key.
