Tag: sibos

Payment technology and infrastructure is advancing rapidly. CT asked how corporate payments in Asia will change in the near future.

34 banks from 16 markets will support a phased development of the blockchain-based network.

While each business has its own strategy and budget, fraud and payment standards shouldn’t be ignored as digitalisation becomes more sophisticated; adopting more tools and cooperating with financial institutions is one approach.

CT spoke with banks, fintechs, tech providers and associations at Sibos 2024 about some of the key technical payment-related topics; we share and explain some of the key terms.

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.

Sibos 2024 is under way in Beijing from October 21-24. Here you can find some of the latest announcements made by banks, fintechs, and corporates, during the annual conference.

Experts at Swift’s Sibos conference last week bemoaned a lack of interoperability between digital trade platforms and offered suggestions on how the issue could be addressed.

A new initiative by Swift aims to bridge the gap between blockchain-based platforms and existing payment systems.

If trade tensions do disappear from the picture, the world of trade finance will be quite different over the coming years. It may not necessarily involve blockchain platforms, but it will definitely involve more than just banks as providers of finance

The Sibos Corporate Forum offered treasurers a chance to tell the banks what they really need from them. Some queried whether they would even need to use banking services in the future.

The regulators' looms over bankers that service corporate treasurers' key operations, but disruptive technology is taking advantage.

Standard Chartered Bank has arranged a 10-year fixed renminbi cross-currency swap based on Hibor for an undisclosed client, highlighting the rapid development of the offshore renminbi market.