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CIMB's completed interbank BPO involving China CITIC Bank continues the lead taken by Asia-Pacific banks in developing the new trade finance tool.
Swift has recently published research providing up-to-date details on those running bank payment obligations. At present, 25 corporates are involved in live transactions.
When operations get complex, it could be time for a TMS. Treasurers share their experiences of the benefits and pitfalls
Qoo10, a joint venture between eBay and the founder of Korean company Gmarket, needed a more efficient way to process its high volume payments.