Singapore, 18 June 2024 – The Financial Transparency Corridor (FTC), initiated in July 2023 under the oversight of the National Bank of Cambodia and the Monetary Authority of Singapore, has successfully entered its inaugural pilot phase, powered by Proxtera’s advanced digital infrastructure.
Liquid Group is proud to participate as a trusted fintech participant in this transformative initiative where small and medium-sized enterprises (SMEs) in Cambodia and Singapore can benefit from a more streamlined and efficient cross-border trade environment.
The FTC facilitates communication and information exchange between financial institutions (FIs) in both countries, fostering trust and transparency, empowering them to better assess risks and provide enhanced & faster financing for SMEs engaged in cross-border trade.
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