Sat.Jul 18, 2020

article thumbnail

The Finanser’s Week: 13th July 2020 – 19th July 2020

Chris Skinner

The main blog headlines are … What you really, really want is money (that’s what I want) I’ve written quite a few times about how economies work and the role of money as power. In particular, money is not just power but status, and leads to attractiveness, and the ability … The post The Finanser’s Week: 13th July 2020 – 19th July 2020 appeared first on Chris Skinner's blog.

Maine 367
article thumbnail

Efforts To Address Late B2B Payments Go Global

PYMNTS

Though the coronavirus pandemic has highlighted the impact of late B2B payments in the U.S. — both due to U.S. corporates paying their suppliers late, as well as U.S. vendors struggling with delayed payments — the matter is, and always has been, a global one. This week’s late payments roundup finds new efforts from corporates and their financial service providers to address the issue, while separately, research warns that late B2B payments are adding extra pressure to small companies’

Payments 214
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Next Step For Banks In Moving To SOFR

South State Correspondent

In the next twelve months, the transition from LIBOR to alternative Risk-free Rates (SOFR in the US) will take an important course. Banks with products tied to LIBOR need to understand the implications of ISDA Fallback Protocol and how to manage possible risks with this critical industry transition. Shortly, ISDA (International Swaps and Derivatives Association) will be publishing LIBOR Fallback Protocol.

Course 221
article thumbnail

A Chat With Danish Sait – The Master Quipster

BankBazaar

They say you know a man by his acts. However, this adage certainly does not hold true for everyone’s favourite quipster, Danish Sait. After all, how many people can play the role of radio jockey, emcee, actor, comedian, writer and prankster-par-excellence with such ease? It goes without saying that he is undoubtedly the undisputed master of improvisation and the imitation game.

US 147
article thumbnail

Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

article thumbnail

Various Types of Cheques With Example

FluentBanking

A cheque is an unconditional order toward the bank from the account holder to pay a certain sum of money as directed. Cheques can be classified into three broad categories on the basis of (i) Mode of Payment (ii) Mode of Payee and (iii) Mode of Period/ Time. (i) Mode of Payment: According to mode of payment cheques can be classified into two categories i.e. open and cross cheque.

article thumbnail

Summer 2020’s Hottest Accessory: The Safety Bubble

PYMNTS

It’s been 129 days since the NBA officially announced its shutdown and played its last regular-season game of 2020. That’s notable because for most Americans, that’s when COVID-19 went from a hypothetical problem mostly affecting strangers on the other side of the planet to a U.S. issue taking tangible bites out of Americans’ day-to-day lives. And as PYMNTS data demonstrated over the course of the great lockdown, the chomps just kept on coming – and eating away more with each bite.

Exercises 192