In UK, Cabinet Office Pays Late, Too In the U.K., it turns out that even some of the most vocal critics of late payments ⦠pay late. Will a traffic light system put the brakes on late payers in the region? Elsewhere, Jet Airways hopes its plan to reduce vendor payments takes flight in India, and Sears may be nearing the end of its run. |
Supply Chain Digitization Stumbles Over Collaboration Collaboration is key to FinTech innovation, yet partnering with would-be competitors is proving a difficult hurdle to overcome in supply chain and logistics digitization efforts. A new report from U.S. Bank and American Shipper points to the struggles of IBM and Maersk's blockchain joint venture to show how industry partnerships can make or break supply chain tech adoption. |
| Alternative Finance | AltFin's Role Evolves In Tense Global Trade Environment Trade tensions between the U.S. and China add pressure to an already tight global trade finance market, but the alternative finance space also sees opportunity to fill gaps in working capital for global traders. Velotrade Co-founder and Chairman Vittorio De Angelis tells PYMNTS this is particularly true for accounts receivable financing in Asia, where banks are often too slow to react appropriately to shifting trade relationships. | |