Citi launches new digital tool for treasurers, alt lender secures SBA loan licenses and the government plans $20 million payroll overhaul
| | BUSINESS TO BUSINESS EDITION | Cross-Border Payment Efforts Grab Funding Amid the battle heating up between Ripple and SWIFT over payments infrastructure, SendFriend, a Ripple partner, gets funding for its cross-border payment efforts. Elsewhere, MUFG forges ahead with blockchain-based payment efforts. |
Corporate Debt Rattles (Some) Economists' Nerves As the U.S. government's debt level hits new highs, the corporate bond market is reaching unprecedented levels, too, and analysts don't agree on what that means for the economy. Supressed interest rates saw the corporate bond market booming earlier this year, but some economists warn of the consequences of ballooning corporate debt in an economic downturn. |
| Corporate Accounting | Why Corporate Lease Management Is Headed For An Overhaul Public companies are headed for more regulatory disruption with accounting standard changes on the horizon. The way organizations record and account for their lease agreements will see some of the biggest changes, and Michael Keeler, CEO of LeaseAccelerator, says that will indeed lead to disruption. However, he tells PYMNTS, the changes will ultimately have a positive impact on firms' ability to manage their overall lease portfolios, and could provide greater leverage for better lease financing rates, too. | | |
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