Stuck payments are the bane of the treasurer’s life, sometimes taking weeks to resolve. Chong Hing Bank spoke to CT about why it’s using J.P. Morgan’s blockchain network
From crude solutions such as extending payment terms to complex arrangements such as supply chain finance, treasurers must keep all plates spinning in working capital management.
Singapore might have the pedigree and Hong Kong the proximity to China, but fast-emerging corporate hubs in Southeast Asia are snapping at their heels.