The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This ...
As the world’s financial landscape evolves, the need for efficient, secure, and globally connected payment systems has never been more pressing. China’s Cross-border Interbank Payment System (CIPS) is ...
BEIJING, July 30 (Reuters) - Chinese banks may have to rely on the country's homegrown payment system for cross-border transactions if the U.S. imposes sanctions on lenders who serve officials ...
China's Cross-Border Interbank Payment System (CIPS) signed direct participant agreements with six foreign institutions in Shanghai on Wednesday, marking the first time that the system's overseas ...
The People's Bank of China (PBC), the central bank, will support qualified banks from different jurisdictions in participating in the Cross-Border Interbank Payment System (CIPS) for the Chinese yuan, ...
China is expanding the geographical coverage of its yuan-based international payment system, adding banks in Central Asia and other regions. The growing reach is likely to boost its annual business ...
BELLEVUE, Wash.--(BUSINESS WIRE)--WNS-Denali, an established leader in global sourcing and procurement solutions, has released a Benchmark Study on procurement performance and team dynamics in ...