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?
What do corporate treasurers and Kim Jong Un have in common? A burning need to know how to operate, or operate in, an open economy with a closed political system
News that one of the world’s biggest banks – JP Morgan – has moved into digital currency may have sent a ripple through corporates, but treasurers will have to wait to use it
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.
The tit-for-tat trade war is escalating and for embattled corporate treasurers it means manning the foreign exchange bunkers. CT looks at the situation in the currency trenches.
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.