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China's new nationwide cross-border cash-pooling regime takes effect today, allowing qualifying multinational groups to centralise renminbi and foreign-currency liquidity, external borrowing, overseas lending and trade-related payments through a domestic master account. The People's Bank of China and State Administration of...
#cash pooling#China#corporate treasury
Lloyds Banking Group has completed three live tokenised deposit transactions under Project Agorá, advancing the banking industry’s effort to test…
#Bank for International Settlements#cross-border payments#foreign exchange
Revolut has secured an unrestricted Australian banking licence and committed A$400m to expanding in the market, positioning the UK-founded financial…
#Australia#banking licence#business banking
Ebury has signed a multi-year agreement with Ipswich Town Football Club to manage the club’s international payments and foreign exchange…
#cross-border payments#currency risk#Ebury