With heavyweights such as Deutsche Bank now joining the IIN, the network is scaling up. In just 12 months, it now includes more than 300 banks, many of them from APAC
China's currency watchdog upgraded its rules on centralised cross-border fund management in March. Three months later, Delphi Technologies and Deutsche Bank had a cross-border pooling solution in place
Just as others – including heavyweights IBM and JP Morgan – are racing into the cryptocurrency space, Citibank is getting out. Just how useful will this kind of tech be for corporate treasury?
News the fintech startup has signed a deal with a top-ten US bank has improved its share price, but will it – eventually – improve your treasury operations? CT takes a look.
A revolution in the way the public pays is being echoed in the corporate world. As the likes of BAML roll out innovation payment solutions for corporates, treasurers are weighing up the benefit.
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.
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.