Industry Roundup
by Jack Large
Wells integrated AI powered receivables, Samba Bank new digitisation, Nomentia and TIPCO merger
Asia
AFP expands treasury education in Singapore, Malaysia, India
by Ben Poole
The Association for Financial Professionals has partnered with both NOESIS and NSE Academy on treasury education.
BIS and HKMA investigate how tokenised green bonds can improve sustainable investment
by Ben Poole
The aim is to build a prototype digital infrastructure to enable green investments and help issuers and governments to meet ESG goals.
Singapore’s fintech industry hits 3 year deal volume high
by Ben Poole
KPMG's Pulse of Fintech finds corporate digitisation driving fintech investments.
Marco Polo aims to be big in Japan
by Ben Poole
SMBC has executed its first live transaction on the blockchain-based digital trade platform for a Japanese corporate.
South Korea’s big digital supply chain play
by Ben Poole
The Export-Import Bank of Korea has signed a US$30m credit facility with Deutsche Bank.
Singapore and French central banks break new ground in CBDC experimentation
by Ben Poole
First multi-CBDC experiment to apply automated market making and liquidity management capabilities for cross-border payment & settlement efficiencies.
Real-time payments now as popular as cash in Southeast Asia
by Ben Poole
ACI Worldwide research reveals the extent to which the pandemic has accelerated the digitisation of payments.
FP&A collaboration on forecasting and planning strongest in APAC
by Ben Poole
Research from the AFP has revealed the strong link between FP&A teams and their business and operations counterparts in the region.
Singapore sees first USD SOFR-linked export financing transaction
by Ben Poole
DBS completed the US$25m transaction with global agri-business Bunge.
Contour launches domestic LC for Bangladesh businesses
by Ben Poole
The platform aims to onboard over 50 corporates, supported by Bangladeshi and international banks, in next six months.
Deutsche Bank enhances FX platform
by Ben Poole
The bank has launched new features to help corporates manage new Vietnam FX hedging rules.
ICICI Bank taps SWIFT for instant cross-border inward remittances
by Ben Poole
Beneficiaries in India get instant credit of cross-border payments of up to ₹2 lakh.
Singapore’s IBOR replacement breaks new ground
by Ben Poole
DBS and Standard Chartered have executed Singapore’s first SORA-referenced interbank option trade to help a corporate mitigate market risk.
Refinitiv partners with IBSFINtech to launch treasury management solution
by Ben Poole
The cloud-based solution is powered by Refinitiv’s financial market data and aims to transform the Indian treasury ecosystem.
Banks in Singapore step up ESG action
by Ben Poole
A new carbon exchange marketplace offers a solution for corporates, while Deutsche Bank is establishing an ESG centre of excellence in the country.
Transaction banking breakthroughs in the UAE
by Ben Poole
The central bank has partnered with SWIFT to enhance cross-border payments, while Mashreq Bank has implemented Oracle's transaction banking platform.
Singaporean banks reveal ESG’s key role in financial services
by Ben Poole
An SGX-NUS-KPMG study found escalating stakeholder expectations and tax incentives among the top drivers pushing sustainability in the sector.
HSBC Taiwan approves two green guarantees
by Ben Poole
The move is to foster renewable energy development for two corporate clients.
Tata Consumer Products digitally transforms supply chain
by Ben Poole
The company aims to improve planning capabilities with Blue Yonder utilising Microsoft Azure and teaming with Accenture on implementation.
ICFR driving financial reporting efficiencies
by Ben Poole
Beyond regulatory compliance, a KPMG report finds corporates in Abu Dhabi are benefitting from standardised processes and new business models.
Deutsche Bank executes world’s first green hedge with Continuum
by Ben Poole
The transaction used a specifically designed green hedge framework, with second party opinion issued by Cicero Green.
90% of Asia-Pacific C-suites see M&A growth opportunities ahead
by Ben Poole
With Asia-Pacific M&A intentions at their highest since 2017, most C-suites think the region will enable significant growth over the next three years.
Deutsche Bank launches workflow automation tool for treasurers in APAC emerging markets
by Ben Poole
The bank's GEM Connect solution covers collections, payments, funding and FX processes.