Employee time tracking can be riddled with errors – and even fraud – when workers have the responsibility of calculating their own hours. Reliance on legacy processes like pen-and-paper timecards, hours that are manually calculated and emailed or texted into managers, or simply word-of-mouth reporting...
The Reserve Bank of India (RBI) has reportedly sent letters to several heads of top banks in the country questioning why they have yet to fix gaps in their SWIFT systems, according to The Economic Times of India. Get the Full Story Complete the form...
Corporate expense management processes like filing expense reports and reimbursing employees are common time-wasters for businesses. But a new survey from expense management firm Soldo uncovers another way businesses fail to save time. Get the Full Story Complete the form to unlock this article and...
Payroll is facing risk exposure from all angles. Cyberattackers are increasingly targeting payroll payouts, while manual data entry introduces the risk of errors. Lackluster reporting increases the risk of non-compliance with Department of Labor regulations, while legacy systems make fraud and inflated paychecks an easy...
Blockchain and beyond, cross border payments held the focus of IBM, and others this past week. SWIFT grabbed some headlines too -- and not simply due to the controversy that still swirls around a separate, Europe-focused payment system
U.K. corporate expense management solutions provider Fraedom, which was recently acquired by Visa, will be providing its commercial card technology to U.S.-based UMB Financial Corporation, the companies announced in a press release sent to PYMNTS on Wednesday (Sept. 5). Get the Full Story Complete the...
A new survey from American Express suggests small and mid-sized exporters (SMBs) based in the U.S. are shifting their business strategies in response to trade tensions and regulatory uncertainty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Inadequate expense management processes have businesses wasting time. Procuring goods and making one-off purchases is taking too long, says a new report from Soldo, but it’s not the only time-wasting procedure. Financial executives are taking time to manually sift through transactional data in an effort...
Enterprise software firm SAP is enhancing its SAP Business ByDesign solution to support growing middle-market companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
