Amazon and American Express launch SMB card, Cambridge explores the pitfalls of ignoring FX risk, and FIS develops RTP testing solution.
| | | | BUSINESS TO BUSINESS EDITION | | B2B Payments Fraud Tracker |
| Amid Payments Woes In The UK, Firms Face Fraud Vulnerabilities Too Beyond Carillion, there is payments news in the U.K., where AP professionals see fraud vulnerabilities according to a recent survey. Beyond that, in Israel, there is more than a mouthful of illicit charges tied to meals at the highest levels of government. And here in the states, Costco found evidence of costly bad actors, too. |
| In The Blockchain Race, FIs Hustle To Not Come In Last Place The blockchain race is fierce, but for some financial institutions, the only thing that matters is that they're not in last place. Bank of England's latest initiative isn't exactly an endorsement for DLT, but doesn't rule it out, either. Microsoft, on the other hand, may be on the path to build the largest enterprise network on the planet using blockchain. |
| | FX Strategy | | Turning Currency Volatility Into A Global FX Strategy In today's climate of global uncertainty, any firm with a global presence risks being on the wrong side of currency volatility. Mark Frey, COO at Cambridge Global Payments, says that uncertainty affects everything from pricing to trade contracts and payments terms. Frey spoke with Karen Webster about the strategic role that managing FX risk can play â and why paying global invoices in USD isnât a way to hedge that risk. |
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