Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit signed a memorandum of understanding in Brussels for developing digital trade chain (DTC).
This two-part article examines the development of open banking, aka application programming interface (API) banking, and the resulting benefits both for banks and their corporate customers.
Proof of Concept has been launched to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.
Many decentralised firms struggle to achieve world-class working capital performance. Fortunately, there’s a solution.
Various factors are forcing banks to decide whether or not they will continue to operate in the cross-border payments space. This article examines the pressures that are putting a strain on the current model.
The motor giant said it will instead add 700 jobs to its existing Michigan factory, following criticism by US president-elect Donald Trump.
Correspondent banking still plays a key role in facilitating cross-border payments, but as the number of correspondent banking relationships shrinks and alternative platforms become available what will its future be?
Barclays is accused by the DoJ of selling more than US$30bn of mortgage securities that helped fuel the financial crisis.
Cooperation and partnership between banks and fintechs is likely to succeed because it is based on creating mutual advantage.
Dun & Bradstreet’s European head of trade credit, Tim Vine, has offered a forecast for the year ahead.