It seems fitting that China - the first country in the world to invent paper money - should also be the first to go cashless. But could it create more problems, particularly for payments, than it solves?
A massive KYC drive is reportedly under way at Deutsche Bank. It has asked around 1,000 investment banking customers to present company ownership information by the end of June
China squares up to bond villains; India allows foreign corporates to deal in commodity derivatives; MAS moves on enforcement; China, Singapore deepen fintech ties; Malaysia eases sukuk regulations.
US and Singapore agree to share fintech information; Singapore, HK combine multiple QR codes into one label; Indonesia to lower the ceiling on import duty exemption.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.
ABB, GE, Honeywell and Siemens have already profited from the Belt and Road Initiative. CT tells you how to help your company do so too – while minimising the risks.
After the city's securities watchdog steps in to stop an initial coin offering, corporates seeking to tap this funding source face a regulatory minefield. CT tries to map a way through.
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.