At the heart of failed payments are fundamental deficiencies in the way companies go about onboarding their vendors and customers. CT speaks to Accuity about the problems of the instant payments revolution
A recent survey by East & Partners looking at how onboarding experience affects business ties between banks and treasurers shows clients of Chinese and Singaporean banks are less troubled than those banking with their peers
J.P. Morgan’s wholesale payments team in China shared with CT why corporate onboarding has become so difficult. Meanwhile, a compliance professional at a European bank reveals the myriad challenges that hold up the process.
Three treasurers from businesses in the Asia Pacific region told CT why corporate onboarding at banks is still one of their biggest bugbears - and how the banks are losing business because of it
While corporates are not top of the agenda for HK's new virtual banks, the significant investment in customer onboarding could herald a new era for corporate KYC