Bank Of England Mulls Blockchain Amid âFourth Industrial Revolutionâ The Bank of England seems to be eyeing an embrace of digital, decentralized initiatives, with room for FinTech firms and blockchain. In a series of cross-border payment announcements, the travel industry gets an âinstantâ boost, while Ripple gains a bit of currency in the Middle East. |
When Vendors Open Doors To Cyberattackers All the cybersecurity technology in the world won't protect company data (and money) if an incident compromises the supply chain. New research warns that vendors are, indeed, to blame for data breaches in nearly half of cases analyzed, despite organizations having third-party policies. |
| Cash Flow Management | The Pitfalls Of Unsustainable Supplier Payment Terms There are many ways supplier negotiations can go wrong when a procurement team is given the directive of lengthening payment terms. Informita Founder Brian Shanahan says it can be done right if organizations focus on the sustainability of their strategies. That means rejecting unreasonable payment lengths, considering periods of economic downturn and sometimes even turning away from supply chain finance programs, he tells PYMNTS. | |