Tag: jp morgan

Naveen Mallela, global co-head at JP Morgan's Kinexys, explained to CT how blockchain technology is enabling payments, and how global and Apac firms are embracing its use, including in the Middle East.

JP Morgan Payments' global head of treasury services discussed how Apac corporate payments are evolving, including the drive for real-time, digital wallets, APIs and blockchain.

Accelerated Cross Currency Sweep works across a range of currencies including US dollars, Hong Kong dollars and Japanese yen.

The treasury digital push, fraud and instant cross-border settlements, dominated discussions at the conference. CT asked several global banks in the region how they are adapting, which includes bringing some functions in-house.

Kerwin Clayton and Oliver Brinkmann, JP Morgan co-heads of corporate banking, Asia Pacific, told CT about some of the US bank's plans in the region.

CT understands that Sameer Shah will join the German bank as head of cash management sales for Middle East & Africa.

Singapore and Australia-based clients can use the function from September 1, with future expansion to other Asian markets in the pipeline.

Digitalisation has ushered in a new phase of innovation in the payments landscape across Australia. Bianca Bates, head of payments, Australia and New Zealand, JP Morgan offers insights into what this means for treasury departments.

Pravin Advani and Kerwin Clayton are set to take on expanded roles, from August.

John Frerichs rejoins the bank after a short stint at PayPal.

Collaboration between the two markets marks an important milestone in the achievement of seamless cross-border payments in the APAC region.

Demand for alternatives to traditional wire transfers is growing in Korea, where consumers and businesses increasingly expect solutions that enable low-cost, instant cross-border payments.