Amazon, Lendistry Team on SMB Lending; Inflation Sharpens Digital Procurement Practices; Treasury Management Goes Blockchain
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

September 30, 2022

       BUSINESS-TO-BUSINESS EDITION

Digital Procurement

Amazon Study Shows Focus on Business Purchasing Practices Has Risen With Inflation

According to a new Amazon study of procurement professionals, high prices have not only driven demand and newfound respect for sophisticated procurement services, but have also ushered in an unprecedented era of funding and job security, especially when CSR principals are added.

 

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Transportation

Digitization Crushes X-Border Trucking Complexities and Costs

Managing freight in the MENA region, which involves the crossing of multiple land borders, is far more complex than in developed markets like the U.S., Gaurav Biswas, CEO at UAE-based truck aggregator TruKKer, tells PYMNTS while pointing to the need to build digital networks and the benefits derived from using real-time data.

 

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Cross-Border Payments

Amex Sees Need and Opportunity for Real-Time Cross-Border Payments

Olann Kerrison, vice president of foreign exchange and global payments at American Express, told PYMNTS that in addition to the benefits of greater speed and efficiency, real-time cross-border payments can also help SMBs tap new markets and add suppliers.

 

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