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

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.

The MoU was signed by H.E. Saif Al Dhaheri, Assistant Governor for Banking Operations and Support Services at CBUAE and Mr.

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

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’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 direct access will enable UOB to provide cross-border renminbi clearing, settlement and payment services to businesses and financial institutions within and outside China, the bank said. UOB ...

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.

However, this can only be done on an indirect basis and not through direct foreign investment. When deciding how and when to invest offshore, it’s important to look beyond just potential ...

The entrance to the National Science Foundation's building in Washington, D.C., on Feb. 29, 2020. The agency is capping indirect research costs at 15% for colleges' new grants, it recently ...

Indirect spend affects operational efficiency, employee productivity, and overhead costs. Procurement focus: Direct procurement concentrates on supply continuity, quality assurance, and cost ...