A recent written Parliamentary question in Singapore asked whether the Monetary Authority of Singapore tracks the size and proportion of banks’ revenues linked to Visa and Mastercard interchange fees, network incentives, and co-branding arrangements. Beyond the headline, what does this…
In many organisations, the biggest impr…
In practice, these two objectives are closely connected. Delays in the invoice-to-cash cycle are often caused by operational friction, for example, manual handovers, unresolved invoice queries, or limited visibility across Accounts Receivable processes. At the same time, payment processing costs…
In many organisations, delays and unnec…
Recent reporting indicates the Bank of Japan plans to experiment with using blockchain to settle the deposits that financial institutions hold at the central bank, as part of a wider “sandbox” looking at how central bank money could be used…