Amazon overhauls supply chain, Mastercard launches SMB card in APAC and Wagestream talks on-demand wages to combat payday loans
| | | | BUSINESS TO BUSINESS EDITION | | More Shippers On Board With TradeLens IBM and Maersk see more shippers on board with its TradeLens blockchain-based shipping consortium. Elsewhere, Honeywell is leveraging blockchain to track aircraft components. |
| ICC Says Regulation Limits Trade Finance A decade since the financial crisis, financial institutions continue to carry a heavy (and expensive) burden of regulatory compliance. That burden, along with a lack of standardization of the rules across borders, plus the decline in correspondent banking, all mix to prevent banks from addressing the $1.5 trillion trade finance gap, new International Chamber of Commerce analysis concludes. |
| | Payroll | | Combating The Payday Loan With On-Demand Wages Rising administrative costs of payroll have forced a shift in the U.K. from biweekly to monthly paychecks, a change that Wagestream CEO Peter Briffett says heightens workers' need for on-demand wages. He tells PYMNTS about the effects of early wage payouts on employee cash flow, the gig economy and the payday loan industry. |
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