As the U.K. continues its struggle to tackle an ongoing late payments problem, major corporations are signing the voluntary Prompt Payment Code, a government-backed initiative whose signatories vow to pay their suppliers on time. The code, however, is largely without a method of enforcement, and...
Earlier this year, EU officials praised the Philippines for its ability to successfully implement a digital procurement strategy. The Asian nation’s Budget Secretary Florencio Abad spearheaded the initiative known as PhilGEPS, or the Philippines Government Electronic Procurement System, as a way to encourage foreign investment...
What if enabling and certifying EMV were as easy as installing a printer driver? As ISVs come to the final leg of the race toward the looming EMV deadline, that might sound like a welcome solution to the challenges associated with becoming EMV compliant. Peter...
[vc_row full_width=”” parallax=”” parallax_image=””][vc_column width=”1/1″][vc_column_text]“The existing cross-border payments infrastructure hasn’t really changed in decades,” said Payoneer CEO Scott Galit. A stunning fact in the face of the $50T opportunity that exists in capitalizing on the flow of money between businesses on a global basis. MPD CEO...
Collaborate to conquer. That’s what players seeking to seize their piece of the trillion dollar cross-border commerce pie are doing. Unilever’s products can reach rural China, Amazon will facilitate U.S. food exports to China and Alibaba will make eCommerce efficient in Singapore. The August X-border...
Macy’s second quarter earnings revealed the trend that many major retailers have been facing with a modern day, digitally driven customer base that’s going online more, and visiting stores less. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Innovators of corporate treasury and finance management solutions have brought businesses access to a new level of transparency. Automated accounting solutions, data capture and electronic processes, industry experts say, can all help to boost compliance and lead to greater assurance that financial reports display accurate...
Greece’s banks and markets are open once again after weeks of shuttered doors amid an ongoing debt crisis, but that doesn’t mean things are back to normal for the nation’s businesses. Amid ongoing economic insecurity, one ongoing problem is permeating out of Greece’s national borders and weighing...
Though this week was a quiet one in FinTech investments, with only few $100M+ deals – VCs seem to have found a new favorite place to invest - bringing the supply chain into the digital age.