Investment in financial technology companies has blown through the roof, but can these firms change the face of banking? A panel of experts discuss the challenges.
Suppliers in Asia are still struggling to get access to credit. Financial innovation is making a difference, but corporate treasurers and financial institutions must play a role too.
When “know your client” rules for correspondent banking went live, banks responded by exiting countries and products en-masse. New onboarding and database tools should help to reverse this worrying trend.
While currently no Asian-headquartered bank offers bank service billing in standard TWIST file formats, Asian banks are being led by regional reform efforts, observers believe.
Joanna Hawkes, group treasurer for the UK tech vendor, is set to run treasury for Marks & Spencer. She replaces Mike Wallace who leaves after a seven year stint with the company.