Global payments system says its cross border payments are reaching banks within an hour but wholesale payments and interoperability between markets will remain a key focus.
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.
B2B enterprises in Hong Kong are less satisfied with current digital payment capabilities than their B2C peers, while procurement continues to rely on traditional payment methods.
Singapore-headquartered DBS has announced the launch of a new solution that allows merchants in China to collect payments in e-CNY, China’s widespread CBDC.
The Apac-led embedded finance partnership aims to bring new efficiencies in payments to the B2B space and marks the first ever collaboration between Visa and SAP.
With growing awareness of the importance of digitalisation, SMEs in Hong Kong plan to ramp up their investments towards it – but rising interest rates are making access to funding more difficult, research by DBS has ...