Tag: payments

Yoojin Park is set to join the bank's global payments team on November 30 in Seoul, according to a memo seen by CT.

Managing liquidity, securing visibility and having more control over payments is becoming more important for Apac treasury teams.

Swift's conference is underway in Miami with tokenisation, AI, trade finance, regulations and payments as key topics.

Hong Kong's chief executive is planning for more investment and innovation as the city looks to capitalise on its international status.

Real-time payment rails, digital assets, APIs and AI are higher on the treasury agenda, HSBC's Manoj Dugar tells CT.

Japan's largest card network is exploring USDC to improve cross-border treasury operations and merchant payments.

The rollout marks the first live deployment of Citi's integrated 24/7 USD Clearing and Citi Token Services, enabling near real-time cross-border USD payments outside traditional banking hours.

The cooperation includes USD and CNY settlement and transfer services in Hong Kong and mainland China.

Yang Wen, Swift's head of North Asia, shared his views with CT on how ISO 20222, fraud detection, AI-driven analytics and digital payments, including on wallets, are evolving in Asia Pacific.

Amid an array of digital initiatives in the region, Apac cross-border payments are expected to hit $24 trillion by 2033; B2B and B2C payments are leading the way.

The firm has added Thailand, Indonesia, Malaysia, Vietnam and Turkey to its network. There are more businesses and consumers increasingly using digital payments across Apac.

Mallela will join from JP Morgan in May and will be based in Singapore.