HSBC deploys tokenized AR tool, corporates drive RTP adoption and GoProcure talks data analytics opportunities
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

June 192019

       BUSINESS-TO-BUSINESS EDITION

Blockchain Tracker

Blockchain Rx For Drug Supply Chains

It wasn’t all about Libra, the new cryptocurrency backed by social media and financial heavyweights, underpinned by blockchain. Announcements tied to DLT span pharmaceutical supply chain pilots and retail settings, too.

 

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Real-Time Banking

How Corporates Are Driving US RTP Adoption

Bottomline Technologies recently declared to PYMNTS that the U.S. is ready for real-time payments — and not just for P2P consumer transactions. Announcements show that the U.S. financial services industry is increasingly looking at The Clearing House's RTP network for its benefits beyond speed — with always-on service, real-time tracking and back-office integration capabilities all attractive selling points for corporate clients.

 

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eProcurement

Strategic Procurement Casts A Wider Data-Capture Net

As much as 40 percent of company purchases can fall under the tail-spend category: off-the-grid, potentially noncompliant buys. Organizations are missing out on a massive opportunity to capture that spend data, says GoProcure CEO Sandeep Gauba. He tells PYMNTS how broadening the net of data capture — and connecting with vendors, financial institutions and logistics firms — opens new doors to promote compliance, security and strategy in the procurement function.

 

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