There are some 40 countries in the Asia-Pacific region ranging from some of the poorest to rich countries like Japan and New Zealand. There is also a major difference between the countries' cash…
Read moreby Kylene Casanova
Emerging market countries will increase their share of global GDP over the next two decades, continuing the shift in global economic power away from the West, according to data from PwC
by Kylene Casanova
The lack of an efficient and resilient financial system is still holding back inclusive and sustainable growth in emerging markets, says a report by PwC
by Kylene Casanova
China's currency has lost almost 6 per cent of its value against the US dollar since the beginning of 2016, arousing fears of further depreciation.
by Kylene Casanova
This Thomson Reuters report describes the development of the yuan into an international trade currency, underlining the need for a group of indices to monitor and hedge RMB movements.
by Kylene Casanova
Seven countries began to use the renminbi for more than 10 per cent of their direct payments (by value) with China and Hong Kong in the two years from October 2014 to September 2016.
by Kylene Casanova
Important enhancements from Citi, BAML and Reval show to use customer feedback to drive new developments
by Kylene Casanova
Effective corporate treasury departments understand the questions that drive their business
by Kylene Casanova
India to become #2 globally as megatrends transform digital payments and open up new business opportunities
by Kylene Casanova
BIS report to G20 Leaders on Basel III regulatory reforms shows general progress, but in next two years many will struggle to introduce vital domestic standards. Level playing field issues grow
by Kylene Casanova
SWIFT’s RMB Tracker shows RMB usage across South Africa has more than doubled in volume over the past two years
by Kylene Casanova
China has taken another step towards opening a credit default swap (CDS) market, the Financial Times reports this morning. The hedging tools would protect investors in case of a credit default.
by Kylene Casanova
Credit cards are in decline world-wide, banks are dropping them, do they have a role? Future of pre-paid and charge cards is no better, but domestic cards booming in some markets. So what to do?
by Kylene Casanova
Ant Financial’s, the affiliate of e-commerce giant Alibaba Group Holdings, deal with Ingenico adds 90 countries. Gives their 450 millions customers global access. Another Chinese domestic payment system goes global
by Kylene Casanova
Corporate treasury departments in Asia-Pacific are focusing on being business enablers/value added partners, why Hong Kong is favoured over Singapore, and key pain points in region - The Asset report
by Kylene Casanova
New FX cross-border cash sweeping service implemented through Bank of Korea’s Consolidated Management of Funds structure
by Kylene Casanova
Citi’s focus on Asia-Pacific teasury and trade solutions shown by key appointment
by Kylene Casanova
The Chinese State Administration of Foreign Exchange has announced plans to push forward with reforms of FX administration.
by Kylene Casanova
A report issued by SWIFT, the provider of interbank payments and communications services, has said that use of China's currency by the US, the renimbi (RMB), has remained fairly constant in the past two years.
by Kylene Casanova
Not only this, CitiDirect BE received the highest rating in the study in 22 categories
by Kylene Casanova
SWIFT RMB index: in April 2016 RMB decreased by 7.7% whilst overall all payments currencies decreased by 4.60%
by Kylene Casanova
40% of all payments made between the UK and China/Hong Kong are exchanged in RMB
by Kylene Casanova
Wind-down of RBS’s global corporate banking network continues
by Kylene Casanova
National Payments Corporation of India’s Unified Payments Interface (UPI) went live on April 11 and is expected to change the way mobile banking transactions are conducted in India, AND increase usage dramatically
by Kylene Casanova
According to S&P Global Market Intelligence's latest global bank rankings, HSBC fell to 6th and Citi remains at 13th
