A decade ago, New York Times columnist Thomas Friedman gave birth to an intellectual debate with his declaration that globalization – driven by technology and the digitization of business and trade — had rendered the world effectively “flat.” Get the Full Story Complete the form...
Last week, the American Accounting Association published findings of its corporate treasury research that found for-profit companies are more likely to hire someone that shows a willingness to manipulate financial data for the purpose of making a corporation’s books seem more appealing to investors. Get...
U.K.-based startup MarketInvoice has just secured a multimillion round of investment, a signal that venture capitalists are putting their faith behind the company’s unique business model. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Two payment processors are teaming up to provide accounts receivables management services in an effort to streamline and automate the way businesses get paid. Reports published late last week said U.S.-based Heartland Payment Systems is teaming up with Canada-based VersaPay to launch a cloud-based AR...
Last Friday (Aug. 14), Chinese Internet conglomerate Tencent revealed that it would be launching a credit rating service and using social media sites to make its credit assessments more robust. According to reports from Bloomberg, the tactic signals a growing trend in the nation among lenders...
Analysts have discussed whether the digital currency bitcoin could ease friction in cross-border payments, but one startup is putting that theory to the test. BitNexo, which launched this year, offers remittance services that uses bitcoin to facilitate trade between China and Chile, and the company’s...
As Apple forges ahead with its partnership with IBM in an effort to land more iPads and iPhones in the workplace, rival Google is whipping up a collaboration of its own to compete. Reports Thursday (Aug. 13) said Google has just struck a new deal...
For decades, the World Trade Organization’s Government Procurement Agreement (GPA) has promoted transparency and non-discrimination in government procurement activities. But New Zealand’s participation in the GPA — the newest nation to do so — highlights the WTO’s effect on promoting cross-border trade between government buyers...
The trend of business travelers booking their travel through the channels that are most convenient for them is on the rise, but does open booking threaten to leave corporations out of the loop? PYMNTS sat down with Cara Whitehill, SVP and GM at Traxo to...