Hong Kong unicorn Airwallex is getting a regional leg up from Deutsche Bank which will allow the fintech to provide virtual account collections and API-enabled foreign exchange services in Japan and Hong Kong
Banks are getting serious about biometrics, which will eventually spell the end of online banking passwords. However, treasurers must not be distracted by the latest gizmo.
BP Petrochemicals transacted the first automated multi-bank bank payment obligation (BPO) over the last week of April for a Europe-centred transaction.