CT recently caught up with Manoj Dugar and Yvonne Yiu, HSBC’s Apac regional co-heads, global payments solutions, about how payments are being impacted by tariffs, AI, cost pressures, differing systems, and the desire for speed and interoperability.
Asian corporates may see themselves as global organisations, but also appreciate the merits of banking partners that understand the unique characteristics of their regional markets.
The bank wants to ease barriers for companies expanding into new markets by providing market insights into issues such as tax, FDI and regulations, with an initial rollout covering the Lion City, Indonesia and Malaysia.
As banks face greater competition from embedded finance participants, they are looking to innovate enhanced offerings - report commissioned by Temenos.