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MUFG and NTT DATA plan to build a blockchain trade highway that will ease bilateral trade between two of Asia's leading trading nations.
Usage of BPOs is picking up, but a lack of formal accounting and capital standards is leading to problematic accounting guesswork.
BP Petrochemicals transacted the first automated multi-bank bank payment obligation (BPO) over the last week of April for a Europe-centred transaction.
Part II of a case comparison of the latest advances in trade finance covers BPOs and eLCs. Are they mutually viable in the long-term?
How Swift and SAP helped the insurance company automate its cash management, improve forecasting, and reduce its idle cash investments.
Qoo10, a joint venture between eBay and the founder of Korean company Gmarket, needed a more efficient way to process its high volume payments.
UR BPO rules have been unanimously approved by the ICC clearing the way for the first multi-bank, automated deal to occur.
Outdated legal barriers and licensing laws are unsuited for payment apps, and the markets that provide them.
The progress of Bank Payment Obligations was the hot issue at this year’s Sibos, but its slow progress is causing consternation.