Cash Management

APAC companies brace for more “ultra long payment delays” in 2025

Over 57% of 2,400 companies surveyed expect a deterioration in late payments.

OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs

They believe that it will benefit thousands of small businesses.

Companies seek real-time liquidity management to avert cash-flow crisis

There is increased corporate demand for liquidity and risk coverage, says HSBC.

HDFC Bank revamps Biz+ Current Accounts with four tiers

It offers businesses cash deposit limits, insurance, and special offers, amongst others.

BofA sees 60% surge in QR sign-ups for CashPro platform

CashPro has surpassed 2 million users globally.

Citi Services launches PayTo initiator for institutional clients

The bank’s clients can initiate account-to-account payments from the service.

J.P. Morgan unveils automated cross-currency payment collection and settling service

It allows invoice and collection in one currency, and payment setting in another.

HSBC’s Yvonne Yiu says the future of payments is instant

She credits her propensity to ask questions for becoming one of HSBC’s top leaders.

UnionBank strengthens climate risk strategies with adaptive financing

The bank offers loan restructuring, pop-up banking for disaster-hit communities.

BSP, Royal Canadian Mint ink MoU on currency management

It outlined key areas of cooperation including technology exchange.

Here’s how ISO 20022 adoption impacted DBS Bank

It reportedly improved payments processing and regulatory compliance.

Bank of America’s CashPro app set to hit $1t in payment approvals

The platform is reportedly used by around 40,000 companies globally.

Citi unveils real-time 24/7 liquidity mgmt solution in Thailand

With 7-Day Sweeps, cash concentration capabilities are extended to non-business days.

IATA to offer digital currencies in its financial settlement systems

It will being offering the digital renminbi in the China Billing and Settlement Plan.

Kiosks, hybrid approach key to financial inclusion: BDO 

BDO has introduced self-service kiosks and universal machines to entice unbanked customers.