Digitalisation

Amid an array of digital initiatives in the region, Apac cross-border payments are expected to hit $24 trillion by 2033; B2B and B2C payments are leading the way.

Despite the race to adopt AI and use fintech tools, CFOs and treasury leaders say communication, judgement and teams matter, and that career paths in finance are becoming anything but linear, said a panel at CTWeek.

From supply chain disruptions, shifting assumptions around rates and tenant fragility, CFOs and treasurers are dealing with the ripple effects of uncertainty across balance sheets, according to a panel at CTWeek.

As treasurers show more interest in the use of digital assets, the two firms will integrate stablecoins into payment flows over the next few months.

Market fragmentation has left Asian treasurers playing catch-up when it comes to leveraging the benefits of artificial intelligence. Paul Golden spoke to several senior market participants.

Amid more interest from treasury teams in digital assets such as stablecoins in Apac, the system has been designed to allow them to see all these accounts in one place.

The Sandy Ridge Data Facility Cluster aims to add a significant amount of digital and computing power infrastructure to the Special Administrative Region.

An increasing number of Asian companies are holding cryptocurrency on their balance sheets as a treasury asset, however, there is a reluctance to discuss strategy and potential pitfalls. Paul Golden reports.

The private healthcare firm has rebuilt its treasury architecture to prioritise liquidity mobility, policy-driven hedging and system-led control amid rate volatility and fragmented capital markets. CT spoke with Manjiv Dodanwela, the firm's transformation lead for group treasury.

Payments, including remittances, across Australia, Bangladesh, Canada, China, Germany, India, Pakistan, Spain, Thailand, the UK and the US, will come with certainty of cost, end-to-end traceability, and faster speeds, with over 25 banks go live by the end of June.

AirTrunk’s TOK1 hyperscale data centre campus in East Tokyo is scalable to over 300MW of capacity towards Japan's overall cloud and AI investment ambitions; 12 banks were involved in the deal.

Under the MoU, the HKMA, the SDB, and the NTICB, will conduct research on digital technology such as the use of electronic bills of lading and promote it in areas such as cargo trade and finance.