Technology platform Chainlink, Microsoft Brazil, the Brazilian digital bank Banco Inter, and IT services company 7COMm are developing it. The pilot programme aims to demonstrate cross-border agricultural commodity transactions using… read more →

Technical Committee 68 of the International Organisation for Standardisation (ISO) for financial services standardisation created a common standard,  ISO 20022, around two decades ago. This development was transformational. It was… read more →

A report by the Trade and Supply Chain Finance Program (TSCFP) at the Asian Development Bank (ADB), in collaboration with Business and Finance Consulting (BFC), has laid out how declining CBRs jeopardise these countries’ ability to conduct international trade and receive vital remittances, potentially exacerbating their economic vulnerabilities. 

The collaboration, announced at FCI’s 15th CEE & SEE Regional Conference on Factoring & Supply Chain Finance in Prague, aims to standardise fraud prevention measures in factoring and receivables finance.… read more →

In a panel session entitled ‘Fighting financial crime: Taking a collaborative approach,’ participants discussed how real-time payment systems are helping to tackle fraud.

Collaboration, common standards, and seamless connectivity are clearly needed for financial institutions around the world to embark on this new era of digitalisation. From interoperability to privacy concerns, the adoption… read more →

The collaboration leverages HSBC’s banking network and solutions while integrating Dowsure’s data-oriented solutions for e-commerce. In addition to the collaboration, HSBC Ventures has made a strategic investment in Dowsure.  The… read more →

Since its inception, globalisation has posed the question of connectivity. And with forces of fragmentation – whether competition, geopolitical, or technological – intensifying today, how can we ensure the global… read more →

After G20 leaders endorsed the Roadmap for Enhancing Cross-border Payments in 2020, the international forum has mandated significant improvements in cross-border payment processing by 2027. Improving the speed, transparency, and… read more →

The service enables Chinese businesses to receive payments through local clearing systems– a cheaper option than setting up foreign accounts. The HSBC virtual account solution also enables Chinese businesses trading… read more →