The treasury digital push, fraud and instant cross-border settlements, dominated discussions at the conference. CT asked several global banks in the region how they are adapting, which includes bringing some functions in-house.
Winnie Chen is due to onboard in Singapore from September, replacing recent retiree, Faisal Ameen, as regional leader of the region’s Global Payments Solutions division.
Bank of America’s Venkat Eachur has shared with CT his views on inflation, supply chain shifts and digital disruption impacting treasurers in Asia, and how they can de-risk and capitalise on some strong domestic economies, amid an uncertain macro environment.
Ameen shared insights into the latest payments innovations, and why real-time payments might not be the silver bullet that treasurers have been anticipating.
CT caught up with BofA’s recently appointed head of Trade and Supply Chain Solutions across Asia Pacific, to learn about the themes affecting Asia’s supply chains.