| Global Payments Architecture |
| SWIFT X-Border Payments Test 'Instant' Success? SWIFT says its gpi payments test across borders has been a success, while elsewhere, payment systems improvement initiatives are underway, notably in the U.K. Also, a new study finds that a majority of banks know they need to renovate or replace existing infrastructure. |
| SEC Urges Corporate Accounting Changes Amid Rising BEC Scam Threat The U.S. Securities and Exchange Commission (SEC) explored (and, ultimately, decided against) enforcement action against public companies hit by Business Email Compromise (BEC) cyber scams. However, even without enforcement action, the SEC's warning should still ignite change among corporates' internal accounting controls â and emphasizes that organizations remain responsible for mitigating the threat of B2B payment-related scams like the BEC. |
| | Logistics | | Loadsmart On What Freight Consolidation May Mean For Payments The freight market is notoriously fragmented, so industry experts are anticipating consolidation and larger fleets. For shippers, it could mean streamlined access to pricing, while for the fleets themselves, it may yield stronger buying power, says Loadsmart Founder and CEO Ricardo Salgado. Until then, however, there are loads of friction points that must be addressed. |
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