Some countries fear there will be an increase in the value of their local currencies stemming from the European Central Bank’s new monetary policies, which took effect June 11. Higher currency value could affect their foreign trade, they contend. Thus far, however, the long-term impact...
The Central Bank of Nigeria (CBN) announced new guidelines this week for the operation of international money transfer services in Nigeria. The released draft includes new regulations on international money transfer services, and was released in line with its mandate for the development of the...
The Mexico-based mobile point of sale (mPOS) provider Sr. Pago announced earlier this week that it had launched its own card-based payment system. This move is expected to benefit small businesses, as it will allow companies to accept credit card payment for the services they...
The Office of the National Coordinator for Health Information Technology announced in a recent paper that the nation’s health care system – including its payment models– need to be adjusted if the U.S. hopes to achieve fully interoperable health information systems across all provider types by...
Safety, liquidity and transparency. Those are three key levers to delivering the two things that treasury managers seek when evaluating new products and services: value and efficiency. Market Platform Dynamics CEO Karen Webster chatted with Capital One’s new Head of Treasury Management Product Innovation, Jim...
Chinese firms are finding it difficult to raise cash through the sale of Accounts Receivable invoices as banks are cracking down since the revelation of fraudulent invoicing in a Chinese telecom. The Hong Kong Standard reports that factoring – a practice by which merchants sell...
California-based Local Motion thinks it can change the face of fleet management by leveraging the sharing economy against the problems fleet managers face. By applying the “Uber mindset” to the principles of fleet management, Stanford graduate schools students John Stanfield and Clement Gires developed Local...
The world cup is a standout event that thrills the hearts of soccer fans around the world. And businesses, particularly those in the B2B space. From garment factories in Bangladesh to gambling platforms in the U.K. enterprises worldwide are finding a way to score with...
More hospitals and physicians practices are combining charges for various services into single bills as opposed to billing patients or insurers separately for the various aspects of their care. Though bundling has shown to reduce costs, many commercial insurers have been hesitant to support the...
