The threat of a cyber-security breach is keeping treasurers up at night, as they increasingly engage the services of ‘non-traditional vendors’. So much so, it could stifle this growing dynamic.
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Citi says its new digital interface can slash corporate account onboarding to two days. CT asked a treasurer whether he thought it was too good to be true.
An all-encompassing KYC utility is the dream for many corporate treasuries. Swift says it is well-positioned to succeed where others have failed with a new KYC registry for corporates.
For companies with decentralised operations, virtual cards make a lot of sense. Facilities management company Sodexo estimates it will save $350,000 using them on travel expenses
In the yawning gap between China’s risk-averse banks and the country’s liquidity-strapped suppliers, supply chain finance solutions are now emerging as one of the real growth sectors in financial services in China
When it comes to investment in compliance-related technology, businesses are betting big. A recent straw poll at the ASIFMA conference in Hong Kong showed that corporates are poised to spend
DBS hopes to bring its digital expertise working with small and medium enterprises to speed up financing arrangements within a growing automotive sector in China.
