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?
As the upstart blockchain seeks to become part of the cross-border payment firmament, can it really topple Swift's monopoly? CT speaks to Ripple about its push into Asia.
Knock-on effects of US president's "war" on financial regulation could see Europe pull away from implementing banking regulations. For Asia-based treasurers, that could mean easier access to trade finance and simpler ...
The advent of digital technology is an important source of growth for national economies. It creates more jobs and is reshaping traditional industries and transforming all sectors, from fashion to automotive, from ...
StanChart and Baoxin Group; HSBC and Saint-Gobain; and Citi and Roche have announced new cash programmes relating to pooling and netting in the Shanghai free trade zone following central bank clarifications.
Siemens, Alibaba, Huawei and ZTE are all in the second batch of SAFE’s pilot for cross-border FX cash sweeping, netting and centralised payments transactions, CT has learnt.
China’s central bank has lifted a host of restrictions designed to make renminbi cross-border trade settlement easier to conduct, while at the same time announced new measures to promote greater offshore renminbi ...