Trade Finance

MUFG eyes enhancing intra-Asia flows, sustainability, O&D in FY2025

They are looking into AI as a means to adopt more sustainable and digital practices.

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

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

Deutsche, Ant teams up to improve cross-border payments

They will work on global treasury management and cross-border payment projects.

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

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

Registry eyed to bridge Vietnam’s $90b trade finance gap

It is expected to boost small importers and exporters’ access to bank credit.

Gov’t greenlights Stablecoins Bill

The bill is expected to come into effect this year.

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

CashPro has surpassed 2 million users globally.

BofA expands Nicole Waaka’s role as head of GPS Australia Corporate Sales

Waaka will be part of the GPS Asia Pacific Senior Leadership Team.

Citi Services launches PayTo initiator for institutional clients

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

ANZ names Chris Raciti as country head of ANZ Singapore

He will also have oversight for eight markets in SEA, India, and the Middle East.

Crédit Agricole CIB names new APAC head of int’l trade & transaction banking

Christophe Crétot is most recently head of corporate & leverage finance APAC.

Singapore unveils BL checker for banks

Banks can automatically retrieve data points to verify if the Bill of Lading is genuine.

Standard Chartered unveils cross-currency transaction FX solution

It offers competitive FX pricing and an automated FX payment service.

Xtransfer ink MOU to offer cross-border financial services to African SMEs

Xtransfer will make use of Ecobank Group’s network in the continent.