Kuwait Finance House (Labuan) Berhad (KFH Labuan) has launched internet banking cash management solutions (CMS) which, it says, represents the first Shariah-compliant offshore internet banking portal for businesses with end-to-end financial solutions. KFH Labuan is a subsidiary of Kuwait Finance House (Malysia) Berhad (KFH Malaysia).
“CMS caters to the growing needs of the Labuan market,” said Dato’ Jamelah Jamaluddin, chief executive officer (CEO), KFH Malaysia. “The development is part of the bank’s overall strategy to reach beyond the limitations of its standard banking hours and geographical presence.”
Rising interest rates, excitement around blockchain use cases and cross-border payments were all hot topics at this year's AFP conference in San Deigo.
The US dollar and debt yields falling on the North Korea missile test, treasury being a top target for cyber criminals and why treasurers aren't into real-time payments all hit the latest headlines in the world of treasury this week. Don't miss our ten top news stories from around the world.
Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to ... read more
While corporates have more choice when it comes to choosing financial services, the core relationship between banks and businesses hasn't changed, argues Michael Cummins, head of treasury solutions at Citizens Bank.