Tired of seeing the supply chain disrupted by late payments, an advertising technology firm is developing a digital wallet which clients must log into and make payments to continue to use services.
In exclusive partnership with East & Partners Asia, CT earmarks what treasurers care about in a trade bank. Clearly most prefer to use electronic-based trade documentation where possible.
With the help of ANZ bank, China’s largest cereal processor and trader has undertaken a bank payment obligation. It also marks the first deal of its type involving an Australian bank.
CT's Working Capital Chronicle has been updated. New deals include: Singapore Airline's new FX payments facility; Toyota's new derivatives reporting platform; and LyondellBasell Industries' cash management solution.