Emerging markets offer “a world of opportunity”, but delegates at the recent ACT Conference heard from treasurers whose companies operate in regions such as Africa about the challenges they also present.
A US study of money transfer order providers provides clarity in what is traditionally an opaque industry.
Sometimes, bank relationships simply don’t work anymore. However, changing banks is rarely straightforward - from rejected KYC documentation to technical hitches, the potential hurdles are significant. This article outlines how detailed preparation, messaging standards and a strong moral compass can help the switch go smoothly.
The digitisation of trade finance is a work in progress and still in its early days. Banks must ensure that they are flexible in both adapting to and driving innovation.
A global survey by The Economist Intelligence Unit and Standard Chartered finds that nearly half the firms participating believe they will be more efficient within five years, while one in three sees them becoming longer and more complex.
The digital currency has risen sharply since the start of the year and is above the US$1,800 level for the first time.
In the wake of the global financial crisis, correspondent banking relationships have reduced globally by 25% reports Accuity.
A global survey by Kaspersky Lab finds that nearly one in four report identification problems when delivering digital and online services.