Welcome to The Axis, your late look at payments news from around the world. Coverage includes Standard Chartered Bank’s unveiling of instant digital credit issuance in Singapore. In addition, Google has debuted a rewards points program for Google Play customers in South Korea, and UnionPay International...
From giving consumers in the developing world access to mobile and online banking capabilities to pushing banking tech forward in hopes of creating a new world of intelligent applications, digital banking technology is turning the financial industry on its head. And with the use of...
Regulators around the world are stepping up anti-money-laundering (AML) efforts, and, as a result, lenders are tightening the screws on cross-border payments, according to Corporate Treasurer. For example, Standard Chartered Bank in Hong Kong told customers in December that for any cross-border payment to be...
Standard Chartered Bank will stop processing payments in dollars from 300 Hong Kong clients at its New York branch, after the bank failed to flag millions of cross-border payments coming from areas prone to money laundering. The U.K. bank, which earns most of its profit...
October 21, 2022
Whether it’s inflation volatility, market volatility or interest rate volatility, the uncertain macroeconomic landscape has had a huge impact on cross-border treasury management, forcing chief financial officers (CFOs) and treasurers to adopt strategies that will help hedge their businesses against the present mix of volatile markets. According to Anand Natarajan, executive director, TMT and FinTech […]
April 18, 2018
From giving consumers in the developing world access to mobile and online banking capabilities to pushing banking tech forward in hopes of creating a new world of intelligent applications, digital...
January 08, 2015
Regulators around the world are stepping up anti-money-laundering (AML) efforts, and, as a result, lenders are tightening the screws on cross-border payments, according to Corporate Treasurer. For example, Standard Chartered Bank in Hong Kong told customers in December that for any cross-border payment to be processed, bank customers will have to report the name, account […]
August 22, 2014
Standard Chartered Bank will stop processing payments in dollars from 300 Hong Kong clients at its New York branch, after the bank failed to flag millions of cross-border payments coming...
