Cash Management
Bank of America’s CashPro app set to hit $1t in payment approvals
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.
PH central bank pushes for digital wage payments
PH central bank pushes for digital wage payments
Philippine central bank rolls out Intraday Settlement Facility
The ISF is designed to support a paperless process.
Philippines' liquidity at 5.6% YoY in April
It was slower than the 5.7% YoY in March.
TerraPay obtains MPI License in Singapore
TerraPay now has 11 licenses and 19 regulator approvals across 30 markets.
Maybank inks MOU with fintech Doxa for supply chain financing
Services include digitisation of documents and other payment solutions.
Security Bank updates terms for cash mgmt, trade finance solutions enrollment form
Notable changes include stating guidelines for T&C changes and its extent of accountability.
Deutsche Bank doubles its Indonesia capital to $644m
This is the third time it raised its capital in an APAC market this year.
HSBC SG unveils blockchain workflow solution for property developers
It enables developers to fully automate their payments and digitalise their workflows.
Financial fitness is a major factor when it comes to the quality of life: Study
Developed markets scored lower than those in emerging markets.
Citi TTS pilots token services for cash management, trade finance
Citi will integrate tokenised deposits and smart contracts in its global network.
BNPL poses changes, but opens opportunities for banking industry
YCP Solidiance’s Gary Murakami gives his insights on future trends amidst the emergence of FinTech companies.
Southeast Asia's cash in circulation to rise by 11.1% by 2027
Singapore is less cash-reliant compared to other markets in the region.
Standard Chartered’s Straight2Bank launches working capital, loan services
Clients can initiate and approve new loan drawdowns and rollover requests.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
