How do you pay invoices, when there's no one to process them? A veteran supply chain and trade banker has told CT that the Covid-19 outbreak is having the inadvertent effect of boosting digitisation
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
The unmet demand for trade finance services yawns widely reaching more than $1.6 trillion. The ICC concludes banks alone will not solve this desperate issue.