Technology can be a tool or a disruptive force, but companies with creative, tech-savvy teams will thrive.
Globally, treasury operations are moving past digital reticence to bring in process efficiency, effective use of liquidity, and compliance via digitalisation.
In the embrace of new technology, every step counts in Egypt’s digital transformation, writes Jacques-Emmanuel Blanchet CEO, HSBC Egypt
Even though paper-based processes are still extensively used across the MENAT, there are clear signs that a digital transformation is well underway
Behind the first live letter of credit on a scalable blockchain platform
Back in 1999, packaging specialists Cellopack Egypt had a turnover of EGP12m. Today, that figure stands at EGP85m – the result, says the firm, of combining a winning growth strategy with the solid financial and operational foundation to make it happen.
Oman LNG’s relationship with HSBC has come to epitomise all the benefits of electronic banking and straight through processing (STP). From a heavy reliance on paper, the company’s accounts payable function has been transformed and now uses highly secure electronic payments processing.