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The city state's central bank is eager to use blockchain technology to reduce its role as the intermediary in interbank settlements.
The Japanese trading giant is dipping into Thailand's 'regulatory sandbox' to try a new payments solution. But scaling up this blockchain solution isn't going to happen any time soon.
Always keen not to play guinea pig to new products and strategies, treasurers run the risk of stifling innovation. They occassionally need to be bold.
The utility approach to KYC process will help treasurers comply with global regulations and manage their KYC responsibilities across multiple banks.
Regulatory roundup: Mandatory rupiah use is in effect, with grace measures; Singapore plots M&A rule changes; India offers up new interbank benchmark