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?
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.
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.