FBI investigates Amex FX pricing, SAP scales ERP tech for the mid-market and OnTheClock talks employee time-tracking fraud
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

September 62018

       BUSINESS TO BUSINESS EDITION

X-Border Payments

IBM, SWIFT Cap X-Border Payments Initiatives

Blockchain, cross-border payments and beyond held the focus of IBM, and others, this past week. SWIFT grabbed some headlines, too — and not simply due to the controversy that still swirls around a separate, Europe-focused payment system.

 

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Expense Management

Soldo Eyes The Time-Wasting Strategies Of Expense Management

A new report from Soldo on the spend habits of U.K. businesses not only finds companies are taking too much time to make purchases — (as long as eight hours, in some cases), but finance execs are being forced into detective work to find out who spent how much on what. The result? Giving up and leaving a portion of company spend unreconciled and unidentified.

 

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Payroll

Tackling Payroll Fraud Begins With The Timecard, Says OnTheClock

Payroll fraud and errors can cost a business in more ways than just an inflated paycheck. Issues of non-compliance and employee turnover heighten the pressure for accurate payroll. Dean Mathews, founder of OnTheClock, says this friction is often the result of relying on employees to track their own hours. He explores the technologies that mitigate the risks of inaccurate timecards, including API integrations into payroll platforms and geofencing to ensure employees are where they need to be.

 

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What's Hot


FBI Probes Amex FX Pricing Practices


SAP Scales ERP Tech For The Mid-Market


UMB Boosts Expense Management With Fraedom Collab


RBI Questions Bank Chiefs On SWIFT 'Gaps'


Trade Disputes Have US Exporters Shifting Their Strategies


Best of Yesterday


POM: Fighting Late Payments By Easing Invoice Payments Friction


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Tech Falls Short Of Procurement's Expectations


 

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