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Payments - Disbursements

Background

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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Cash & Liquidity Management

Citi to issue commercial cards in Kuwait

by Kylene Casanova

Citi, through its transaction services unit, is launching a commercial card offering in Kuwait to its local large corporate and multinational clients. With Kuwait added to the list of issuing countries, Citi Commerc

Cash & Liquidity Management

Speeding up payments in Asia-Pacific: Deutsche Bank’s Accelerator

by Kylene Casanova

Although there has been a move to other currencies in the past 10 years, much of the Asia-Pacific's trade, including intra-regional flows, is still invoiced, and settled in USD. And some are settled in EUR.

FX Management & Crypto

RMB maturing as cross-border usage broadens according to HSBC survey

by Kylene Casanova

The vast majority (77%) of Chinese corporates surveyed expect one-third of all Chinese trade (circa USD 2trn) to be conducted in RMB by 2015 (vs 10% YTD) and 30% plan to use RMB for investment-related purposes in th

Payments - Disbursements

MoneyGram now covers Bosnia and Herzegovina

by Kylene Casanova

MoneyGram (MGI), a leading global money transfer company announced today it is entering Bosnia and Herzegovina, the second-largest send and receive remittance market in Eastern Europe,

Payments - Disbursements

Azimo launches international money transfer service

by Kylene Casanova

Azimo is offering a new international money transfer service with cheaper prices than high street banks and large competitors by cutting out middlemen. It provides an easy way to transfer funds to friends and family

Payments - Receipts

E-invoicing market guide 2012

by Kylene Casanova

The ‘E-invoicing market guide 2012’ from The Paypers builds on the success of the previous year’s edition. It brings together the most complete and up-to-date overview of the global e-invoicing ecosystem, mapping ou

Payments - Disbursements

HSBC completes first RMB trade settlement in India

by Kylene Casanova

HSBC India has executed the first renminbi (RMB) denominated cross-border trade transaction in India for a major pharmaceuticals company, and said that the transaction had seen the bank join a growing list of HSBC e