In an effort to automate and streamline Government financial management processes and procedures, the Kenyan National Treasury is switching to electronic procurement. Henry Rotich, Cabinet Secretary, National Treasury, said e-procurement, when implemented under the Integrated Financial Management Information System (IFMIS), will provide an efficient and streamlined...
A recent deal to provide online-booking services to IBM’s business-travel program is opening the doors to international opportunities for the business-travel unit of online-booking company Orbitz Worldwide. Under the agreement, Orbitz for Business will provide IBM support in 90 countries.
According to a new study by Visa Europe, the number of small businesses integrating mobile point of sale technology is on a sharp upswing and is set to take off dramatically in 2014, reports Finextra. Get the Full Story Complete the form to unlock this...
How did Alibaba go from its humble roots as an idea cooked up in Jack Ma's apartment in 1999 to potentially the most humongous IPO in history in just 15 years? Very strategically, as it turns out. And, we’ve made it as easy as a...
A recent study found that the fraudulent misinvoicing of trade in several African countries has resulted in the loss of tens of billions of U.S. dollars. The research shows that the tax authorities in five countries lacked the trade, tax and deals data to curb...
Citizens Financial Group Inc, the U.S. arm of the British Royal Bank of Scotland has filed with the Security and Exchange Commission for an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Mobile payment growth in India is on fire, going from just under 100 thousand mobile transactions in September of 2012 to over 700 thousand by July of 2013, according to a report by Deloitte reported on by Cisco. Get the Full Story Complete the form...
Apple and China UnionPay have agreed to partner on a mobile payment service that will bring the bank card organization’s app to iPhones nationwide. This will make it possible to pay-by-phone at the 3 million “QuickPass” POS machines nationwide, reports Brightwire. The two companies are also collaborating on...
Central bankers of in South Asian countries have reached an agreement on the need for the enforcement of payment and settlement system (PSS) in the SAARC region. The SAARC region is an economic and geopolitical cooperation among Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and...
