The HKMA has teamed up with 12 banks to use blockchain to build its new trade finance platform. How effective will it be at digitising cross-border payments?
According to the World Trade Organisation, it’s not just the US and China that are throwing up barricades. Treasurers need to be aware protectionism is on the rise everywhere.
Cryptocurrencies' problem is they’re often backed by little more than hope and hype. Bridgecoin, however, says it’s about to change all that. CT looks at its mechanisms and challenges.
Don’t end up in a scandal like Apple or Deloitte. Here are three practical suggestions for treasurers on how to bolster security levels day in, day out.
Letters of credit may be a necessary evil that prolongs the trade process, but financial regulators in the two cities are pushing blockchain as a way to solve an old problem.
Instead of relying on estimation and sometimes even blind luck, treasurers can now quantify the cost and benefit of transaction services with simulation services
Taiwanese SMEs lost an estimated $6.6 billion in TRF (targeted redemption forwards) after the renminbi’s devaluation in 2015. The question now is who will pay back this money?