A tool that will allow companies to compare pricing of trade finance products on offer from different banks is promising to revolutionise the process of price discovery.
The HKMA has teamed up with 12 banks to use blockchain to build its new trade finance platform. How effective will it be at digitising cross-border payments?
Trade financing – where financial institutions provide credit facilities to guarantee exchange of goods – is long overdue a blockchain overhaul. Standard Chartered and Siemens believe they’ve made the first step.
What can the beleaguered treasurer expect from the Earth Dog year? Will he finally be let off the leash or simply dig himself into a hole? CT checks the runes.