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Payment predictability and working capital needs are among the reasons given for increased demand for early payment.
Investment in new systems and processes is necessary if treasurers want to realise the full benefits of improvements in cross-border payments, explains OMFIF executive.
OMFIF’s latest report ponders whether ‘evolution’ or ‘revolution’ is needed to modernise payments.
GLN has partnered with Liquid Group to establish a cross-border QR network.
The alliance seeks to bring bridge the gap between blockchain technology and traditional finance.
The final article of a three-part series from Bank of America on digitising payments explores the areas of innovation likely to shape how corporates in Asia manage their treasury going forward.