CT spoke with banks, fintechs, tech providers and associations at Sibos 2024 about some of the key technical payment-related topics; we share and explain some of the key terms.
The Chinese payment firm, which helps MSMEs conduct cross-border trade, has plans for 200 countries, including Vietnam, Bangladesh, Thailand and Pakistan.
With Bank of China as the first institution signed up, the pilot programme aims to facilitate the onboarding process for corporates trading with Chinese firms.
A global survey by Swift into the low value cross-border payment market has highlighted the importance of security and the adverse impact of hidden fees.
Rapid growth in cross-border commerce coupled with unexpected supply chain shocks has made it more pressing than ever for treasurers to strengthen their payments schemes.