Citi discusses its supply chain finance enhancement, Bank of America optimizes supplier payments and PNC automates faster payments choice for treasurers
| | | | BUSINESS-TO-BUSINESS EDITION | | Open Banking Expands Its Horizons For Small Business Finserv Open Banking has evolved from a consumer FinServ disruptor to a framework that now also shows significant potential to improve small business offerings. Codat Co-founder and Chief Operating Officer Alexander Cardona tells PYMNTS that Open Banking isn't only about allowing FinTech tools to link into bank accounts. Cloud accounting shows promise for taking Open Banking's evolution to the next level in areas like bank lending and credit scoring. Hereâs why. |
| The Many Faces Of Employee Fraud Corporate fraud comes in many colors, but for many businesses, the most unexpected threat is the one looming from within company walls. From stealing payroll paychecks to inflating overtime figures, the latest data around employee fraud reveals how multifaceted the threat can be. Check out this weekâs Data Digest for a look into the latest risks, laundering and more. |
| | Supply Chain Finance | | Citi On Supply Chain Finance In An Age Of (Global) Uncertainty Trade wars, Brexit and tariffs are refashioning global supply chains â and forcing companies to navigate new currencies and countries to enable those shifts. As Citi rolls out a new supplier finance interface today (Oct. 21) via WorldLink Payment Services, Citi's Treasury and Trade Solutions' Global Head of Trade John Ahearn, tells Karen Webster how supply chain finance platforms help make the last mile of buyer/supplier interactions â namely, payments â a bit smoother for the much longer tail of those supply chains. |
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