Weekly Transaction Banking Industry Insights
Intellect Global Transaction Banking | iGTB
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Financing sustains and propels global trade. It assures that businesses can operate smoothly across borders by providing essential capital, bridging the gap between production and payment.
“Treasury management is a critical function because it ensures the organization has sufficient operating capital to meet its daily commitments,” says Tina Stinson, corporate head of treasury management at Northwest Bank.
Forty of the world’s top commercial banks have collaborated with central banks to develop a new digital currency platform aimed at accelerating and improving cross-border payments.
4. Malaysia, Cambodia enable instant cross-border QR payments - Bank Negara - Star Media Group Berhad
KUALA LUMPUR: Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have launched a cross-border quick response (QR) payment linkage between Cambodia and Malaysia.
According to a recent report by PwC India, retail digital payments have surged 90-fold over the last 12 years, with transaction volumes expanding at an impressive annual rate of 40%, while the value of these transactions increased by 35% each year.
Cloud capacity , Cost optimisation , Risk & Project Manager at Intellect Design Arena Ltd
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