SWIFT tackles payments resolutions, Moody’s warns job reports may be inflated and Informita talks supplier payment strategies
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

May 22019

       BUSINESS TO BUSINESS EDITION

Blockchain Tracker

Bank Of England Mulls Blockchain Amid ‘Fourth Industrial Revolution’

The Bank of England seems to be eyeing an embrace of digital, decentralized initiatives, with room for FinTech firms and blockchain. In a series of cross-border payment announcements, the travel industry gets an “instant” boost, while Ripple gains a bit of currency in the Middle East.

 

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Cybersecurity

When Vendors Open Doors To Cyberattackers

All the cybersecurity technology in the world won't protect company data (and money) if an incident compromises the supply chain. New research warns that vendors are, indeed, to blame for data breaches in nearly half of cases analyzed, despite organizations having third-party policies.

 

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Cash Flow Management

The Pitfalls Of Unsustainable Supplier Payment Terms

There are many ways supplier negotiations can go wrong when a procurement team is given the directive of lengthening payment terms. Informita Founder Brian Shanahan says it can be done right if organizations focus on the sustainability of their strategies. That means rejecting unreasonable payment lengths, considering periods of economic downturn and sometimes even turning away from supply chain finance programs, he tells PYMNTS.

 

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What's Hot


SWIFT Rolls Out Payment Investigation, Resolution Service


Moody's: April ADP Jobs Report Inflated


Fundbox Integration Enables Net Terms For Brandwise


Metro's Accounting Errors Cost Bank Top Clients


NACHA Names MicroBilt As Preferred Account Verification Partner


Citi Launches NextGen For AI-Powered Trade Transactions


Best Of Yesterday


Why Cross-Border Trade Is All About The Connections


Why AP Innovation Stalls


Accountants Say UK Bank Referral Scheme A 'Waste Of Money'


 

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