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Asia Pacific Ramps Up eProcurement Push

PYMNTS

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges.

Regional 108
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Data Dive, The Bad, The Worse And The Ugly Edition: Store Closures, Coronavirus And Bitcoin

PYMNTS

Morgan Stanley Research Analyst Kimberly Greenberger said the second half of 2020 is expected to be especially challenging with the looming election — as shift and change in national leadership have some tendency to slow commercial activity because spenders get a bit spooked. The Coronavirus Continues to Cut Down the Chinese Economy .

Bitcoin 132
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How To Sell Prepayment Provisions In Commercial Loans

South State Correspondent

If banking had an Olympics, creating loan value would be an event. To better learn how to position against it, we asked one of the top-performing lenders from a national bank how they sell against the declining balance prepayment provision. This is by far the most common provision. Step 1: There is No Prepayment Penalty on the Loan.

How To 195
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Google Testing Same-Day Delivery In San Francisco

PYMNTS

NBC News reported that national, regional and local merchants are testing Google Shopping Express with big-name retailers including Target and Walgreens. The report speculated that the service could also prompt more merchants to buy online ads if the same-day delivery service takes off.

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The effects of subsidised flood insurance on real estate markets

BankUnderground

It provides insurers with an option to pass the flood-risk element of their policies on to the reinsurer at a lower fixed price according to property council tax band. In a recently published Staff Working Paper , we employ a granular data set of all property transactions and flood events in England.

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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

T he events that unfolded in that bright blue sky on September 11, 2001 will stay with Americans forever. BSA was intended to detect illicit activity through cash and monetary instruments to catch tax evaders using secret foreign bank accounts. October 26 is now nationally recognized as BSA/AML Day.) Never Forget.

Training 195
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Data Dive, Breaches And Security Blips Edition: Key Bank, Microsoft And Bulgaria 

PYMNTS

Regional banking force KeyCorp disclosed a massive fraud that could potentially cost as much as $90 million – according to reporting out of CNBC last week. According to the filing, the event occurred at the beginning of Q3. Starting with. KeyBank’s Costly Payroll Fraud Problem . MILLION, BILLION?personal

Data 100