In a recent Trade Finance Matters contribution piece, author David Gustin explored why financial institutions are struggling to find the best ways to provide supply chain finance to their customers, and also open account capabilities to their clients beyond traditional trade. According to Gustin, there...
For those career-driven individuals who are itching to start their own business, there is one increasingly common trend to keep in mind: no need for checks. While being able to accept personal checks – or even a check from another company – was a mainstay...
Earlier this week, the CEO for the health care payments network InstaMed, Bill Marvin, wrote a contribution blog piece explaining how online payments can help improve health care efficacy. Marvin cited data from a recent InstaMed survey, which found that 76 percent of providers said...
eInvoicing offers many benefits over the acceptance and handling of traditional checks and invoicing, but at times the expectations may exceed the generated benefits. One company, Taulia, says it has launched a ‘Rescue Service’ designed to help firms evaluate their eInvoicing effectiveness, but it also...
As a procurement professional in the hospitality industry, it is critical to look at the relationship with your suppliers. That way, you can ensure the safety of your end users and rest assured that the entire process will run smoothly. That is the advice given...
Investment management and services firm BNY Mellon announced earlier this week that it launched an online portal that offers transparency and oversight to investment managers that have outsourced their middle office operations. Called MyOnCore, the portal is expected to help investment managers define the governance...
The wholesale e-commerce website TopTenWholesale recently announced that since January, its number of consumer products listed by sellers has increased from under 600,000 to more than 1.1 million. The company’s vice president of sales, Justin Prescott, explained to Internet Retailer that TopTenWholesale also has approximately...
Hospital executives are seeing improvements in the economy, but they also continue to feel pressure to improve the efficiency with their facilities, a new survey report shows. To help address cost management, many are becoming interested in partnering with public and private payers in risk-based...
The conventional wisdom is that banks don’t care about small-businesses. However, as more competition has entered the field, and more banking functions are being offered at lower cost with more attention, bankers are taking notice across the U.S. and in Europe. Will big banks be...
