Banks question CFPB’s small biz loan data plan, UK regs won’t release the full RBS report, and why regs can't solve credit scoring problems.
| | | | BUSINESS TO BUSINESS EDITION | | Traveling Employees Find Their Voice In Developing T&E Strategy
Traveling employees are finding themselves with a seat at the C-Suite table when it comes to guiding their organizations' corporate T&E programs. According to the latest Amadeus research, that means a greater emphasis on technology, but ongoing barriers to firms' ability to track and manage travel spend. LSE Lecturer Dr. Alexander Grous and Amadeus COO Arlene Coyle spoke with PYMNTS about some of the surprises from the research (like unexpected corporate card use) and the strategies helping companies to use tech the right way.
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| How SMBs' Manual Processes Cost Economies Billions In Lost Growth
Manual processes are a waste of time, money and manpower, especially in small- and medium-sized businesses where every dollar, and every second, count. There is a bigger consequence of manual administrative tasks, however, according to the latest research from cloud accounting firm Sage. Manual accounting, payroll, invoice management and other mundane process lead to $600 billion in lost growth for economies worldwide. Here's how Sage made the calculation.
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| | Regulation | | Why Regulation Wonât Fix Credit Reporting Agencies
The Equifax breach has created a groundswell of voices, including congressional ones, demanding change in how credit reporting agencies are regulated. Karen Webster says that regulation isnât the cure for what ails the three players who control how credit information is accessed and used. Instead, she said, itâs important for policymakers to focus on the real issue â and listening to consumers whoâve been telling the CFPB for years that thereâs something really rotten in the land of credit reporting. Read More... |
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