Global trade finance demand dramatically outpaces supply by an estimated USD$1.6trn a year.
Traditional banks and fintechs are in a “summer of love” period, the year of reciprocity, of mutual respect and joint ventures.
While the sector must be realistic on the measures needed to counter its various challenges, there’s no reason why it shouldn’t secure a promising future.
Small businesses are particularly concerned about the potential impact on their revenue and growth.
Why it’s time for commercial banking to dispel the myths and fully embrace the digital revolution that has radically transformed other industry sectors.
The Bank of England calls for UK banks to put aside an extra £11.4bn to deal with any future economic slowdown in its latest financial stability report
The Australian ‘big four’ bank remains bullish on Asia, despite retrenchment under its new chief executive Shayne Elliott.
Banks are responding to the digital age and revamping their products and services accordingly, but the process still has some way to go.
A Capital One survey suggests that the majority plan to implement commercial card tools and services over the next year.
Announced as a concept less than 18 months ago and officially launched in February this year, the gpi initiative aims to enhance the cross-border payments process for corporate treasurers.