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
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?
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.
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.
The bank has moved $900 million across borders at lightning speed since tapping Ripple's blockchain solution. Its transaction services chief tells CT how, and details the limits of the system.
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.
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.
Improving cash flow and working capital is one of a treasurer’s chief challenges - a Finnish industrial has turned to Standard Chartered and WeChat Pay for a solution
Trafigura, Natixis, and IBM launch new blockchain ledger geared for crude oil trade finance. They say every party in the payment ecosystem will be able to access it and benefit from the technology
Suppliers should consider offering dynamic discounts to give both themselves and their customers more options to manage working capital. This need not be conducted through traditional bank platforms delegates at CT ...