TMA published feedback from market participants on HONIA as the successor to HIBOR in late December but unlike its US counterpart SOFR, Asian businesses are taking time to adapt
It seems fitting that China - the first country in the world to invent paper money - should also be the first to go cashless. But could it create more problems, particularly for payments, than it solves?
Reverse factoring, is it a form of supply chain finance or simply a way to hide indebtedness and strongarm suppliers? CT looks at the latest problems with the practice
With low interest rates and easy debt, corporate treasurers have never had it so good. The result is lower covenant quality - it might be fine now, but what are the repercussions?
Treasurers might be familiar with the EMS and the TMS, but the order and execution management (OEMS) has only just found its way into the conversation. CT looks at the growth of this new entrant into management systems
Swift has operated a KYC registry with 5,500 participants from the banking sector for more than five years, but the December 16 launch marks the first time that corporates can contribute
Cash forecasting is one of corporate treasury's major pain points. HSBC is now developing products that aim to eliminate all paper-based requests linked to corporate card spending
For an ambitious treasurer, the biggest change is moving from a cash management and liquidity-driven mindset to becoming a true brand ambassador for the company