| SWIFT Exit For Iran As Sanctions Loom? SWIFT controversy over the messaging systemâs place on the world stage continues, and U.S. sanctions toward Iran loom. Elsewhere, digital payments are on the rise, and will keep rising, but infrastructure challenges remain. |
| A Look Inside Switzerland's Plans To Bank Crypto Businesses In Switzerland's fight to remain a global blockchain front runner, the nation has introduced new guidelines for financial institutions to provide banking services for crypto startups. The move may ease concerns over AML and KYC non-compliance among businesses that raise funds via ICO, yet need fiat currency to pay vendors and employees. Plus, more alternative crypto FinServ players are emerging, while some traditional FIs decide to work with cryptocurrencies, too. |
| | Corporate Finance | | Xerox Explores The 'Hybrid' Approach To Digitizing Corporate Finance Paper documents â known for leading to security risks, data entry errors and lots of manual work â are being pushed out of corporate financial processes like accounting and expense management. Xerox, a company built on paper, says that while digitization is key, it can't happen overnight. Instead, there are ways businesses can take a hybrid approach, mixing paper with digital docs, the company tells PYMNTS. |
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