Cash Management

MUFG’s corporate clients will be able to access Security Bank’s cash management system DigiBanker.

Big businesses are pushing MSMEs to take up digital banking, says Carlo Nazareno, head of cash management at BDO.

The bank will also provide custody, fund administration and trustee services.

Technology is the top investment priority by most of the respondents.

Alvin Ho will oversee the cash management sales in the country.

27% flagged the impact of trade tariffs on their businesses.

By analysing massive data volumes, UOB is able to slash loan processing time by 60%.

The bank aims to extend $7.5b in new and additional loans for SMEs by 2021.

Companies can identify inefficient use of liquidity and improve internal funding sources.

He was formerly the CEO of Deutsche Bank Nederland NV.

Global transaction banking revenues are estimated at nearly $1t in 2017 or 43% of wholesale banking revenues.

The bank will provide cash management and trade finance services.

The bank is the first major player in Thailand to apply blockchain to enhance supply chain transactions. Krungsri is leveraging on the knowledge from its Japanese parent, Mitsubishi UFJ Financial Group (MUFG), as well as new technologies to rapidly grow its commercial customer base in Thailand. The bank pioneered the use of decentralised ledger technology to significantly increase the speed, transparency and accountability of supply chain transactions and expand capital access to cash-short SMEs. It has been six years since MUFG acquired 76.88% of the Thai bank, and since then, it has wasted no time in transferring knowledge, skills and all-important market access to its local subsidiary. By banking on emerging technologies, Krungsri hopes to sustain robust asset growth figures in its commercial banking business.

Small firms can now build customised websites within 15 minutes.

We are living in Industrial Revolution 4.0 where data have emerged as the new ‘growth fuel’, powering everything from productivity and profits to politics and dominance.

Clients can open accounts in as quickly as two days.