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A recent deal between Hong Kong online shopping portal HKTVmall and HSBC demonstrates how the e-commerce sector is poised to gain from the digitalisation of trade finance.
E-commerce platform, which raised the money from both existing and new investors, says it’ll use proceeds to fund continued expansion and enhance SME financing capabilities.
The supply-chain finance initiative hopes to ride the wave of e-commerce explosion in China.
Islamic bank to partner BPC Banking Technologies for an upgrade that is intended to combat threat of enterprise fraud and help lender establish merchant acquiring business.
Citi names its TTS head for one of its most important markets - China. The Asia veteran has led digitisation initiatives for cash and trade products and grown revenues from intra-Asian flows
China is at the vanguard of the new payments revolution and nowhere is set to feel the pain more than China’s banks. A new report outlines just how deeply new fintech is cutting into China’s bank revenues