Sat.Jun 16, 2018

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Russia Prepares For SWIFT Exit With Blockchain

PYMNTS

Russia’s corporate treasurers are working with the nation’s central bank on a blockchain initiative, reports in CoinDesk said Friday (June 15). The Russian Association of Corporate Treasurers is joining the government-led Masterchain blockchain initiative, a platform developed by the central bank to facilitate communication within Russia’s banking market.

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The finances behind the World Cup 2026 hosting decision

Bankelele

This week FIFA announced its decision that the 2026 World Cup would be held in the Americas, and jointly hosted by the United States, Canada, and Mexico, who defeated a competing bid from Morocco in North Africa. The 2026 tournament will be an expanded tournament, that will feature 48 countries and a total of 80 matches, a […]. The post The finances behind the World Cup 2026 hosting decision appeared first on Bankelele.

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Suppliers Can?t Tell If Invoices Have Been Paid, Survey Finds

PYMNTS

In a survey of accounts payable professionals released last week, analysts found that suppliers often struggle to gain insight into whether or not their invoices have been paid. According to InvoiceInfo’s third annual Accounts Payable Customer Service Survey , published Friday (June 15), the most common question received by AP professionals from vendor partners is, “Has my invoice been paid ?

Survey 101
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Interest rates debate as caps repeal is proposed

Bankelele

Kenya’s Treasury Cabinet Secretary Henry Rotich has signaled an end to interest rates capping, saying the interest rate controls have contributed to a slowdown in credit growth to the private sector and denied small businesses’ access to credit. In his FY 2018/2019 $30.4 billion budget speech to the National Assembly on June 14, Rotich said […].

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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

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Father?s Day Commerce: Shopping For, With And To Be More Like Dad

PYMNTS

Father’s Day has always had some trouble engendering the kind of enthusiasm for gift giving that Mother’s Day does — and we mean always. The holiday was invented by Sonora Smart Dodd, who, when she first heard about Anna Jarvis’ efforts to create Mother’s Day as a holiday, decided that fathers deserved special recognition, too. It took Anna Jarvis about 14 years before Woodrow Wilson proclaimed Mother’s Day a national holiday.