Instead of faster payments, treasurers need faster collections. Axiata’s finance transformation head believes treasurers can save a lot of money for their companies if they can get departments to work together
In the yawning gap between China’s risk-averse banks and the country’s liquidity-strapped suppliers, supply chain finance solutions are now emerging as one of the real growth sectors in financial services in China
In a first for the country's banks, one of China's big-four lenders taps fintech to provide a loan online. The bank says using technology will offer businesses in the agriculture sector easier access to liquidity.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon