Malaysia’s PNB pledges to optimise liquidity management
by Graham Buck
The government-linked investment company plans to invest more overseas and accelerate its diversification strategy
Region
Singapore scores for Asian transaction banking
by Graham Buck
The city state’s banks top customer satisfaction levels in the region for key products and services, an East and Partners survey finds
South Africa to cap maximum cheque value from May 2020
by Graham Buck
Accelerating the drive to digital payments, the maximum value permitted for a cheque reduces from 500,000 rand to just 50,000
Reinsurers look to adopt straight-through processing
by Graham Buck
STP is the only viable solution to the industry’s ballooning expense ratios, experts have concluded
BoE governor: Many firms ‘unready for no-deal Brexit’
by Graham Buck
Mark Carney believes three in four UK businesses have done as much as they can, but 150,000 firms would be unable to export
MoneyGram gets US$50m boost from union with Ripple
by Graham Buck
The money transfer company’s strategic partnership with the blockchain solutions pioneer is initially for a two-year period
Turkey introduces cheaper liquidity facility
by Graham Buck
The Central Bank of Turkey announced earlier this week that primary dealer banks would be able to access cheaper funding
JP Morgan extends cross-border digital payments to China
by Graham Buck
The new service makes the US giant the first foreign bank in China to digitise and automate cross-border payments of goods
Commercial real estate stock exchange nears launch
by Graham Buck
The International Property Securities Exchange (IPSX) will be dedicated to commercial real estate owners and managers
HSBC executes innovatory dual platform blockchain transaction
by Graham Buck
Complementary distributed ledger networks brought together for the first time in the Middle East connect Hong Kong and the UAE
London-Shanghai Stock Connect is launched
by Graham Buck
The reciprocal arrangement between the two cities’ stock exchanges was first announced in 2015 and is six months late
Payments fraud makes heavier impact on UK companies
by Graham Buck
Despite higher levels of awareness and precaution, businesses are losing more and recovering less, a survey suggests
Poland’s Alior Bank uses blockchain for document authentication
by Graham Buck
The Warsaw-based bank will allow customers to check on their authentication and integrity using the public ethereum blockchain
Bottomline partners with Starling Bank on real time payments
by Graham Buck
The new 24x7 service will enable banks and corporates to send, receive and track payments in real-time to any UK bank account
New Zealand readies for era of open banking
by Graham Buck
The Bank of New Zealand, one of the country’s big four, outlines its approach as the country slowly progresses towards the new regime
Moscow blockchain start-up launches supply chain finance platform
by Graham Buck
Russian fintech start-up Factorin has piloted the platform for six months and plans to move into the European Union
Trump tariffs create working capital strains for US firms
by Graham Buck
Companies are resorting to various measures in response to the administration’s tariff-heavy trade policy, a report finds
African Development Bank steps up digital financial inclusion drive
by Graham Buck
The Africa Digital Financial Inclusion facility aims to develop digital financial transactions across the continent
HSBC earmarks US$880m for Hong Kong tech start-ups
by Graham Buck
The GBA+ technology fund will offer senior debt financing to top up funding from venture capital and private equity firms
Sweden’s Riksbank plans to join ECB instant payment scheme
by Graham Buck
The country is likely to sign up to the Target Instant Payment Settlement (TIPS) system for real-time payments, launched last November.
Fitch: MMF reform has yet to extend to South Africa
by Graham Buck
Money market fund reform in North America and Europe hasn’t yet reached the country, as South Africa opts for a ‘wait and see’ approach
Ripple eyes South America expansion with Brazil launch
by Graham Buck
The real-time payments specialist revealed a key hire made earlier this year as it looks to develop business in the region
Swiss regulator fines five banks €90m for FX cartel
by Graham Buck
Traders at Barclays, JP Morgan, Citigroup, MUFG and Royal Bank of Scotland were found guilty of collusion by Weko.
Target joins US retail giants exploring blockchain
by Graham Buck
For nearly a year, the Minnesota-based group has quietly worked on a blockchain-powered solution for supply chain management.