Banks & Service Providers

The licence allows the global payment firm to directly partner with local firms.

Thai Union's CFO Ludovic Garnier told CT the deal is an investment in its 2030 sustainability goals and the "future of the Thai blue economy", in part through training and investment in smallholder farmers; the ocean economy is worth 30% of Thailand's GDP.

Zhang Wenjie will return to Citi as the bank’s country officer and banking head for China in July.

Naveen Mallela, global co-head at JP Morgan's Kinexys, explained to CT how blockchain technology is enabling payments, and how global and Apac firms are embracing its use, including in the Middle East.

XTransfer clients can now receive payments in Brazilian Real.

Corporate treasurers and chief financial officers are increasingly using the service, although it is still more popular in Europe.

Corporates may be increasingly aware of how more efficient FX trading can impact liquidity management, but apathy remains a major obstacle to the better execution of trades; CT spoke with experts in the space.

The plan is to launch an integrated digital trade corridor to connect China, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Singapore, Malaysia, Indonesia, Vietnam, and the Philippines

IHH is one of Asia's largest private healthcare providers is aiming for net-zero by 2050; it is UOB's first SLL in the healthcare sector.

The idea is to harness the HKMA's Commercial Data Interchange to help improve access for SMEs to trade finance.

With more fast and cheap options in the region's payments universe, transaction banks must now layer added services to remain competitive.

The ability to facilitate real-time payments, quicker cash forecasting, and interoperability are becoming key for liquidity, according to senior executives at HSBC and JP Morgan.