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China upgrades payments infrastructure to support growth in retail consumption

The People's Bank of China has established an integrated system to connect banks, merchants, and retailers to facilitate increased transactions, which grew 74.5% to $913.5 trillion in 2015. With growing consumer spending, financial institutions…

     
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Rmb devaluation: start of a freer currency regime 2

PBoC's decision to devalue the Rmb delivered a temporary shock to financial markets, but its longer-term effects may be felt around the globe.

     
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“The missing link is the electronic movement of documents”

Tom Rahder, Vice President, Product Strategy at Bolero, discusses the benefits and future of electronic letters of credit.

     
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What SEPA means for banks in Asia

James Hatcher, managing director of Seeburger Asia Pacific, feels that SEPA offers a unique opportunity for treasurers in Asia to implement more efficient payments practices.

     
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Transaction Banking News Updates, February 13th 2013

This weeks’ transaction banking news includes Citibank’s new regional trade services head, Ex-Im Bank’s MoU with ICICI Bank, and StanChart Taiwan’s Rmb transactions.

     





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