According to one automotive supplier, the answer is yes. By creating a centralized treasury system, ZF Friedrichshafen AG (ZF) was able to create a smooth process that handled its cash management, including in-house banking; interest rate and FX risk management.
What can the Ripple protocol do that basic core banking infrastructure can’t? Move money in real time, efficiently, securely and at a lower cost. The Ripple protocol was recently adopted by Fidor AG bank in Germany to increase the speed at which money could move...
Verizon Networkfleet and J.J. Keller have announced a partnership to create a GPS-enabled fleet management device for regional and longhaul trucking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Western Union Company has announced the launch of its dedicated business payments unit as part of its expanded its services in Malaysia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
ReadSoft has announced the launch of their new mobile app at the 2014 SAPPHIRE Annual Conference. The app provides ReadSoft users access to SAP features that are now consolidated and unified, as well as access to a value-added supplier portal. Get the Full Story Complete...
For most of the twentieth century, the most widely used non-cash payment form was checks. Now seen as relatively inefficient, check use overall has waned in favor of electronic methods with the goal of making the payment system more efficient, less time consuming and less...
Despite the movement to electronics payments and alternative currencies and a shift in the digital age, companies still need to accept cash, but it actually comes at a cost. With governments and businesses realizing the true costs of cash, will there be a greater switch...
Israel-based supplier of ruggedized mobile data terminals Micronet has completed an agreement to acquire the mobile resource management/fleet management division of Beijer Electronics. Micronet will buy all related intellectual property, product rights, customer base, sales and marketing network, and technical support, as well as production facilities. With...
6Sense wants to help sales forces more effectively predict their leads, specifically the company hopes to offer the kind of predictive lead scoring that will allow a salesforce to determine what types of leads are the most likely to buy. That doesn’t make them terribly...
