The prospect of China’s Cross-Border Interbank Payment System vying with or supplanting Swift grabbed attention in the wake of Russia’s invasion of Ukraine. But CIPS isn’t ready for the big time. It ...

As expected it drew some media attention, with the familiar theme that the renminbi—which surpassed the Japanese yen to become the fourth-most traded currency in the world in August, according to ...

China and Russia have their own Swift-like systems, and while neither is likely to displace Swift tomorrow, sanctions will propel efforts to strengthen and expand them. Might the banning of a raft of ...

As procurement and supply chain functions take on a more strategic role, CIPS Southern Africa has opened bookings for its ...

Artificial intelligence is already changing how procurement, supply chains and franchise businesses operate, according to the ...