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
US enforcement action this year resulted in a $280m settlement and provides a textbook case in everything your compliance officer needs to know about anti-bribery programmes.
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.
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.
International payment network Swift has a long record but blockchain-based upstarts such as Ripple are nipping at its heels. Here, insiders from Swift and Ripple go head to head.
The heir to the throne of Samsung Group has been charged with bribery and embezzlement. Let’s pause to remember that treasurers and CFOs must have the conviction to stand up to any illicit financial behaviour.
Tired of seeing the supply chain disrupted by late payments, an advertising technology firm is developing a digital wallet which clients must log into and make payments to continue to use services.