A fishbowl discussion at GTR Asia saw an animated debate between ‘frenemies’ - an international banker and three fintech representatives - on how to tackle the persistent $1.5 trillion trade finance gap
Stuck payments are the bane of the treasurer’s life, sometimes taking weeks to resolve. Chong Hing Bank spoke to CT about why it’s using J.P. Morgan’s blockchain network
Hong Kong finally plays catch up with India and China by issuing virtual bank licences. For corporate treasuries, the presence of virtual competition is set to be a boon
China backs away from new e-commerce rules; China clarifies tax position for foreign bond holders; AML probe deepens on Japanese bank; RBA takes aim at bank profits; MAS grants first private securities platform licence
HSBC and BNP Paribas are behind a blockchain-enabled letter of credit for a bulk shipment of iron ore between Australia and China, cutting a two-day process down to two hours
If trade tensions do disappear from the picture, the world of trade finance will be quite different over the coming years. It may not necessarily involve blockchain platforms, but it will definitely involve more than ...
Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.