Spain’s Sabadell rejects €12 billion offer from rival BBVA – Industry roundup: 7 May
by Graham Buck
Australia holds interest rate at 4.35%; Markets primed for June rate cut from ECB; Japan bids to host ADB summit 2027; Saudi Arabia and UAE compete
Making payments is the inevitable consequence of making purchases and an essential and integral part of the financial supply chain. A payment is the transfer of value from one party, a person or…
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Australia holds interest rate at 4.35%; Markets primed for June rate cut from ECB; Japan bids to host ADB summit 2027; Saudi Arabia and UAE compete
by Graham Buck
Efama backs capital markets union; IMF raises Asia growth forecast; Shell plans US$3.5bn share buyback; Instant payments market set to boom
by Ben Poole
Global real-time payments growth has reached sustainable levels with 266.2 billion real-time payments transactions recorded in 2023, up 42.2%.
by Graham Buck
First US bank failure of 2024; Today is National Supply Chain Day; Visa and Tink bring open banking to US; Digital euro "will arrive before 2030"
by Graham Buck
No change from Bank of Japan; South Korea's growth accelerates; Indonesia rate hike wrongfoots analysts; Ecuador looks at more debt-for-nature swaps
by Graham Buck
Hong Kong help for SMEs; Commerzbank fined €1.45m for AML breaches; Standard Chartered builds on aXess; Citi sells maple bonds
by Graham Buck
Cash flow crunch for Australian SMEs; Italy prepared for EU budget rules; India's farmers get e-rupee payments; New Zealand consults on CBDCs
by Graham Buck
CHIPS migrates to ISO 20022 messaging; IMF sees productivity crimping growth; Fitch's China downgrade riles Beijing; Pension fund giants partner
by Graham Buck
BIS launches Project Agorá; Singapore sets up AML data sharing platform; GE completes its three-way split; Growth forecast for embedded finance
by Pushpendra Mehta , Executive Writer, CTMfile
Leveraging the six payments themes will help treasury executives influence the trajectory of payments sector across industries in the upcoming years.
by Graham Buck
Reddit valued at US$6.4bn ahead of IPO; Malaysia expects 4-5% growth in 2024; Fed reassures on rate cuts; UK retailers get embedded finance lift
by Graham Buck
Japan agrees first rate hike since 2007; Unilever loses taste for ice cream; M&S plans new deal with HSBC; EU progresses on supply chain law
by Graham Buck
Japan's unions win major pay hikes; Swift to assist Bangladesh central bank; Israel plans for shekel CBDC; €240m funding for sustainability in Africa
by Graham Buck
Egypt’s inflation jumps to 35.7%; India signs US$100bn free trade deal; NatWest to exit BNPL market; Inditex investors seek supply chain transparency
by Graham Buck
China's foreign trade rebounds; EU to water down supply chain law; UK's Nationwide to acquire Virgin Money; South Africa records 0.6% growth in 2023
by Graham Buck
South Korea boost for open banking; Frankfurt to host new AML authority; China "exports to US via Mexico"; BNY Mellon launches US dim sum bond service
by Graham Buck
China charge mars HSBC results; MCR buys London's BT Tower; Russia economy avoids disaster; Brazil ready for green FX hedging
by Graham Buck
China reports deflation last month; India keeps rates on hold; Revived fortunes for two Italian banks; ADB trade aid for Cambodia
by Graham Buck
Central bank updates from Australia, Turkey and Nigeria; Germany's trade volumes fall; Standard Bank launches Lyra Energy
by Graham Buck
Hapag-Lloyd CEO warns on Red Sea crisis; Japan gives US$20bn for green hydrogen; UAE cross-border CBDC payment; YouLend unlocks £4bn for SMEs
by Graham Buck
Singapore keeps policy on hold; Japan's digital yen progresses; Vietnam's sluggish corporate bond market; Amazon abandons US1.4bn iRobot bid
by Graham Buck
Africa's rising debt burden; US manufacturers look to Mexico; China acts to support yuan; Montenegro explores Samurai bonds
by Graham Buck
UK to boost supply chain resilience; ECB on right track, says chief; Hacker attacks rising says JPMorgan; Commerzbank merger speculation revives
by Graham Buck
WEF's main worry is misinformation; UAE bucks slump in fintech funding; SAP pays US$222m to settle bribery charges; Revolut platform ready to roll