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.
The British engineering giant faces a huge bill over illicit payments to third parties in Asia and elsewhere. The case offers important lessons for CFOs in examining payments to third parties overseas.