Tag: cross border

Covid-19 is affecting the payments industry, which may see a fall in revenues this year, but analysts are saying that the pandemic could be the best thing that ever happened to it

After a two-year suspension, China’s forex authority outlined last week it would make it easier for foreign companies to implement cross-border liquidity and payment structures once more

CT spoke with DFS and Tencent to find out how treasurers are surfing the WeChat Pay phenomenon and why PSP settlement is giving the e-pay platform the edge

The leading cross-border payments co-operative is taking a long hard look at the technology that could replace it: blockchain.

China will expand Taiwanese corporates’ access to cross-strait renminbi funding in its pilot zones in Quanzhou and Kunshan.

Amid a host of anti-money laundering regulations, lenders are tightening the screws on cross-border payments. Treasurers in Hong Kong, for example, are being requested to supply detailed information on beneficiaries before payments are processed.

RBS’s Yi Xiong advises CT on processes for opening a renminbi special account for cash concentration cross-border in the Shanghai free trade zone (FTZ) and account management going forward.