Tag: banks

The Singapore-headquartered loan platform Lendela, which works with multiple banks and uses a 'reverse auction model', sees growth in markets with a “high level of maturity".

Firms in the garment and pharmaceutical sectors are navigating severe turbulence in their businesses. The new government is trying to shore up FX reserves, bank balance sheets, keep inflation under control, and deal with flooding that hit over five million people in August.

The HKMA is setting up a SME task force as companies look overseas and want to improve their financial management tools as a strong HKD persists.

The agreement provides Finastra’s bank customers access to Visa Direct, allowing them to offer real-time cross-border payment options to SME clients.

Improved communication and regulation could help to address a lack of understanding and cybersecurity concerns.

DBS’s head of cash management products shared the latest developments in payments systems that will impact corporate treasurers.

The two partners plan to offer digital treasury management as a service, targeting smaller banks in India and the Philippines, in addition to lenders in Northern Europe and North America.

Increased supervision of China's banks would likely contribute to the stability of the global financial system, given the nation's large economy and its importance to emerging markets.

Cross-border RMB pool has helped Adient transfer cash in and out of China efficiently, executive says, while Trip.com treasurer says transparent communication with banks during lockdown helped it get through those dark days.

Banks join 12 others to co-develop trade registry proof-of-concept in move supported by Singapore government and endorsed by lenders’ association.

Soaring demand from property developers is helping lenders grow their loan books to record highs, as developers continue their land buying spree unfazed by the pandemic

In times of stress, get back to the cash management basics, think smart and don't forget to be good to your suppliers. We review all the expert advice from the street