Payments
MAS looks to overhaul payment systems
City state has access to some of the most advanced payment systems, but cash and cheque usage remains high
World must prepare for takeoff of renminbi transactions
A more flexible renminbi will inevitably lead to the currency's increasing adoption in daily dealings, says HSBC
Global renminbi adoption slows in June
Decline continues in the internationalisation of China's currency, overtaken by the Canadian dollar in payments by value
Renminbi adoption in US slows in May
A decline of 1.6% from a year ago highlights the slowdown in the Chinese currency's internationalisation
Renminbi's global share of payments drops
The Chinese currency fell to sixth place last month, overtaken by the Canadian dollar
UK tops Singapore as second-largest renminbi-clearing centre
Forty per cent of all payments between the UK and China are now made using the Chinese currency, Swift data shows
Renminbi's global share of payments drops
But the Chinese currency is being increasingly adopted to settle transactions with China and Hong Kong
Renminbi overtakes ringgit for Malaysian payments to China
The US dollar still accounts for the overwhelming majority of payments from Malaysia to the red dragon
Renminbi direct payments make inroads in Middle East
The Chinese currency ranks first when the UAE and Qatar make direct payments to China and Hong Kong
Renminbi payments double between China and Japan
It eclipses US and Hong Kong dollars while yen stays top
Considering China as a growth hotspot
Kantox's Philippe Gelis looks at opportunities of Cips
Rocking in exotics has never been more attractive
INTL FCStone's payments arm goes from strength to strength
Bank of England resumes settlement after 'technical issue’
Central bank extends opening hours to deal with backlog
US overtakes Taiwan as offshore RMB clearing centre
US now third-largest offshore RMB clearing centre
CLS will adhere to US sanctions on Russia
CLS and Russia still set for November adoption date for ruble
European corporates wary of RMB settlement
UK government pushing for London to become a centre of offshore renminbi trading, say conference speakers
ECB calls for law enforcing Sepa migration
European Central Bank says legislative action on migration of Sepa scheme needed as self-imposed deadline will not work
Citi targets EM settlement
NEW YORK & BOGOTA - Citi's domestic settlement service is set to gain a foothold in emerging markets where CLS is currently not active.
PIPS
PIPS
Chase Launches Comprehensive Forex Trading & Payment System
DEALING & NETTING