Treasurers across Asia Pacific (APAC) have a raft of priorities as they navigate a turbulent economic landscape and look to embrace change: real-time payments, liquidity optimisation, risk management and digital innovation. These all call for a new approach to solutions, technology and partnerships.
CorporateTreasurer recently caught up with Winnie Chen, head of Asia Pacific, global payments services, Bank of America, to discuss real-time payments, QR codes, cross-border transactions and more.
Winnie Chen is due to onboard in Singapore from September, replacing recent retiree, Faisal Ameen, as regional leader of the region’s Global Payments Solutions division.
Aug 1, 2024
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CT has learned that Matthew Davies will provide interim leadership for Apac payments, after Ameen, BofA's Apac head of global transaction services, stepped down last week.
Southeast Asian markets have benefitted from the ongoing US-China tensions, emerging as a major area for businesses looking for diversification and to tap a young, digital savvy workforce.
Ameen shared insights into the latest payments innovations, and why real-time payments might not be the silver bullet that treasurers have been anticipating.