Last month, Lear Corp had hundreds of staff waiting to be paid. The corporate treasury at the U.S.-based company told CT how it called on its banking relationship with J.P. Morgan to get the payroll through
For Chinese tech giant Tencent, revenues from its fledgling fintech and business services operations could one day outstrip the firm's traditional stronghold in smartphone gaming
For corporate treasurers in the logistics sector, China’s big tech is getting serious. A new round of funding for Keking means fintech and data will lead the way
Trial payments from Asia to Australia puts GPI on the map but speed is less critical to treasurers than tracking the payment and keeping correspondent banks on their toes.
In a first for the country's banks, one of China's big-four lenders taps fintech to provide a loan online. The bank says using technology will offer businesses in the agriculture sector easier access to liquidity.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon
For corporate treasurers already mired in the costly, slow and opaque world of cross-border payments, ether could offer a real solution: real-time, cost-free, “crypto-payments” with the need to buy cryptocurrency.
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 chemical giant is moving payments out of China to Thailand while switching hedging activities back to its Brussels head office. Its treasury team explains how it's going to work.