Heinz procurement accounting probed by SEC, CYBG fails to secure RBS funds, and California closes data security regulation loopholes
| | | | BUSINESS TO BUSINESS EDITION | | Late Payment Penalties In India Include Prison Time In India, government efforts to crack down on late payments made to smaller firms include fines and possible imprisonment for officers of larger, late-paying firms. In Scotland, the Federation of Small Businesses (FSB) wants late payers to be banned from receiving government contracts. |
| CYBG Snubbed For RBS Funds After months of controversy, the U.K. has awarded the first portions of the $1 billion RBS fund to rival institutions looking to boost small business services: Metro wins big, as well as digital-first challenger banks, while CYBG is left out entirely. Yet, new research suggests SMBs won't be switching banks, even for better service. |
| | Workforce Spend Management Tracker™ | | Disaster-Proof Spend Management Solutions â For When Disaster Strikes Whether theyâre clearing hurricane wreckage or mucking out homes, disaster relief workers need easy, instant access to funds to keep operations running. In the latest Workforce Spend Management Tracker, Jessica Green, Team Rubiconâs senior associate of finance for field operations, explains how smart spend management and reconciliation software keep spend management from being a disaster when disaster strikes. |
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