| How To Get Employees To Spend Corporate Cash More Wisely
Corporate T&E has earned significant FinTech attention, with innovators focusing on productivity and efficiency of the expensing process. But Duke Chung, CEO of T&E startup TravelBank, says a new iteration of players needs to look not only at efficiency, but at helping companies save money, with firms expected to spend $1.6 trillion on business travel by 2020. Chung tells PYMNTS how consumer credit cards are driving employees to spend more corporate cash, and explains how he intends to reverse the habit.
Read More... |
| Treasurers' Failing To Use Tech To Combat FX Risk, Deloitte Finds
By now, corporate treasury is well-aware of its heightened responsibilities within the enterprise. In its biennial Global Corporate Treasury Survey, Deloitte finds that FX risk is now top-of-mind, as treasurers shifting from profit center to risk mitigation continues. But Deloitte also found that treasurers are failing to take advantage of the right technologies to mitigate risk, and probably aren't convincing their organizations of the importance of this technology, either.
Read More... |
| | PYMNTS Faster Payments Tracker™ | | NEW REPORT: Same Day ACH Gets Its First Sequel
Hollywood sequels tend to disappoint, but what about Same Day ACH sequels? In the latest PYMNTS Faster Payments Trackerâ¢, powered by NACHA, Laura Steele, CEO of Regional Payments Association ePayResources, says that after demonstrating Y2K-like preparedness to ensure the smooth implementation of Phase 1 last year, the Phase 2 rollout is generating less buzz because FIs expect a repeat (aka no drama) performance. Steele and Ross McKay, TD Bankâs SVP of Corporate Products, discuss why FIs are less anxious this time around. Plus, notable faster payments headlines. Read More... |
|
