More than 200 APIs will be made available from more than a dozen banks in Hong Kong through JETCO, backed by Union Pay. Elsewhere, Ripple's xRapid sees further adoption, while SWIFT has published a standard for its Pay Later API.
General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an announcement on Wednesday (Jan. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance...
Banco Santander announced this week that plans to hire a new chief executive officer have been cancelled. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
A government working group in India has said a $5 trillion economy could be a reality for the country by 2025, with small businesses (SMBs) a key component of the roadmap it proposed to achieve that goal. Get the Full Story Complete the form to...
Banks are giving the nod to blockchain to aid in speeding trade finance, especially in Asia, where the government and industry associations have launched efforts. Elsewhere, South Korea is eying tax breaks to foster innovation in the sector.
Amid a global market with a massive lack of trade finance accessibility, the International Chamber of Commerce (ICC) recently found that banks are growing more bullish on an array products to bolster business — especially small business (SMB) — cross-border trade. In the ICC’s Global Survey 2018 report, researchers...
Digitization inevitably means technology adoption, a truth that extends into the realm of supply chain digitization. Corporates looking to streamline, enhance visibility of and safeguard their global supply chains face new pressure (and opportunity) to implement technologies that can offer connectivity with partners, and the...
Digital consulting solutions provider gA is introducing a new solution designed to help companies wield data to make better decisions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Small business (SMB) cloud solutions provider Sage is refocusing away from payroll as it divested its U.S. assets for $100.3 million, Reuters reported on Tuesday (Jan. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
