UOB and its subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank ...

Import Bank (Afreximbank) and the African Un- ion in 2022, it is a cornerstone of efforts to encourage intra-African ...

As at May 2025, it had 174 direct participants and 1,509 indirect participants. Direct participants can open an account in the CIPS; indirect participants have to go through direct participants to ...

A group of higher education associations is floating changes to the federal government’s model for reimbursing research ...

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 ...

The bank, through its wholly-owned subsidiary, UOB China, will now offer one-stop cross-border renminbi payment services to institutions outside and within China.

It should be easy for advisers to be transparent about costs, Brown Rudnick partner Matthew Sharp said in response to ...

UOB will provide one-stop cross border RMB clearing, settlement, and payments. UOB and its subsidiary UOB China have signed agreements to become direct participants of the cross-border interbank ...

China is expanding the geographical coverage of its yuan-based international payment system, adding banks in Central Asia and other regions. The growing reach ...

For years, subscription businesses relied on a simple growth engine: Spend heavily on direct-to-consumer (DTC) acquisition and watch the subscriber base grow. The model worked well — until it didn’t.