The issue of personal identity (ID) cards in the UK has been contentious for many years. Their purpose was to create a system for registering British citizens linked to a national identity database.
The facility will be used to extend credit to businesses across African markets, with a particular focus on small- and medium-sized enterprises (SMEs) involved in regional and international trade, according… read more →
Bills of exchange (BoEs) have remained paper-based for some time. This new solution offers a comprehensive end-to-end digital platform as a replacement. Flows will take place within Citi’s proprietary receivables… read more →
China’s currency – the renminbi (RMB) – is finding new appeal among emerging market traders and global investors seeking alternative settlement options.
The sometimes-termed ‘Olympics of banking’ saw the biggest names in banking give speeches and panels over four days covering new developments in the industry, innovation, and emerging themes for the… read more →
The COVID-19 Pandemic threw a spanner in the workings of the entire global economy. But the African continent, where the financial market ecosystem was fledging, was hit adversely hard. In… read more →
For emerging capital markets, the journey from local origins to global success doesn’t usually follow a one-size-fits-all script. But there are lessons that can be learned and actions the global financial community can take to smooth the path.
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 →
Hong Kong’s role as a conduit for international investment into mainland China has reached new heights, with cross-border trading volumes hitting record levels in 2024. “Hong Kong is that rare… read more →
Speaking at the inaugural Global Logistics Forum in Riyadh, Transport Minister Saleh bin Nasser Al-Jasser revealed that £160 billion has already been deployed, yielding significant improvements in the country’s logistics… read more →
