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Bitcoin Daily: SK Telecom Debuts Blockchain Document Wallet; Israeli Blockchain Accelerator Collider Labs Crowdsources $1M

PYMNTS

SK Telecom has indicated that it will provide its inaugural eWallet to keep electronic certificates and manage them, which is fueled by the blockchain and has the go-ahead from the South Korean government, Cointelegraph reported. Our model is different from that of most accelerators,” Ovadia, who manages the accelerator, told Globes.

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Preparing your financial institution to manage loan workouts, loan modifications

Abrigo

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

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Managing Spend In A Sector Where Unplanned Expenses Are The Norm Issues

PYMNTS

Metro Bank is hoping a new feature that allows employees to take and instantly upload photos of such receipts will help fix that. The solution uses automated technology to categorize and codify relevant data from these documents in real time, thereby trimming the time employees and expense managers need to sort through them.

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Behind Sysco’s Spend Management Switch To Cards

PYMNTS

Businesses of all sizes are slowly phasing manual expense tools out of spend management strategies. The latest Workforce Spend Playbook analyzes how expense management tools are shifting to provide quicker and more convenient services to small and medium-sized businesses (SMBs) in all markets. The L atest Workforce Spend News.

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Wirecard: Internal Investigation Clears Accounting Manager

PYMNTS

Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers. Reuters reported that in the wake of the news, Wirecard shares jumped 4 percent. The law firm’s initial findings in May spurred the FT reports.

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Two Perficient Colleagues Quoted in Forrester Report on Emerging Insurance Technologies

Perficient

Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report. ” Brian Bell, Perficient’s Insurance Principal, who was also quoted in the report, highlights the significance of another emerging technology: critical event intelligence. .”

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. Documents sent by banks to the Financial Crimes Enforcement Network (FinCEN) of the U.S. Mastercard has grown its Digital-First Card Program in North America as demand rises for digitally-driven money management offerings.

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