China tightens reins on blockchain; Singapore to limit e-wallet size; China increases QFII quota; Philippines and Singapore join forces on derivatives; Basel slashes bank capital requirements
Getting the jump on FX movements is an artform: it involves finding common themes in disparate narratives and knitting them into real world scenarios. CT looks at some of the meatier metrics.
A revolution in the way the public pays is being echoed in the corporate world. As the likes of BAML roll out innovation payment solutions for corporates, treasurers are weighing up the benefit.
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.
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.
Cryptocurrencies' problem is they’re often backed by little more than hope and hype. Bridgecoin, however, says it’s about to change all that. CT looks at its mechanisms and challenges.