Amazon overhauls supply chain, Mastercard launches SMB card in APAC and Wagestream talks on-demand wages to combat payday loans
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

May 292019

       BUSINESS TO BUSINESS EDITION

Blockchain Tracker

More Shippers On Board With TradeLens

IBM and Maersk see more shippers on board with its TradeLens blockchain-based shipping consortium. Elsewhere, Honeywell is leveraging blockchain to track aircraft components.

 

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Bank Regulation

ICC Says Regulation Limits Trade Finance

A decade since the financial crisis, financial institutions continue to carry a heavy (and expensive) burden of regulatory compliance. That burden, along with a lack of standardization of the rules across borders, plus the decline in correspondent banking, all mix to prevent banks from addressing the $1.5 trillion trade finance gap, new International Chamber of Commerce analysis concludes.

 

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Payroll

Combating The Payday Loan With On-Demand Wages

Rising administrative costs of payroll have forced a shift in the U.K. from biweekly to monthly paychecks, a change that Wagestream CEO Peter Briffett says heightens workers' need for on-demand wages. He tells PYMNTS about the effects of early wage payouts on employee cash flow, the gig economy and the payday loan industry.

 

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What's Hot


Amazon To Curb Bulk Orders From Small Suppliers To Cut Costs


Mastercard Targets SMB Travel With APAC Commercial Card


UK Banks Create Money Pool To Refund Fraud Victims


BitX Funding Strikes Equipment Finance Alliance


Cashplus Eyes Startup Credit Ratings In RBS Fund Application


Best Of Yesterday


Connecting The Procurement Dots, From Purchase Order To Payment


In Europe, Cross-Border FinTech And FI Efforts Eye Speed And Remittances


Australian Governments Take Action On Late SMB Payments


 

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