BBVA's launches first syndicated loan on blockchain, insightsoftware talks ERP data limitations and Bank of England pushes payments standardization
| | BUSINESS TO BUSINESS EDITION | In UK, Late Payments Spur SMB Financing Scramble A new study shows that, in the U.K., SMBs tap emergency financing to deal with late payments. In Africa, bread shortages loom with suppliers demanding cash up front. Late payments are also hitting the Middle East, according to reports. |
Corporates Compile Their Payments Innovation Wish Lists Payments innovation may offer a breadth of opportunity for corporates to transform their financial processes, but that disruption comes at a cost: the friction of upgrading and enhancing legacy infrastructures. BNY Mellon research suggests that while corporates are aware of and are preparing for a range of payment innovations like real-time payments, blockchain and APIs, confusion and an overwhelming range of new products and services can quickly trip up digitization efforts. |
| Corporate Finance | How ERP Tech Can Empower â Not Combat â The Notorious Spreadsheet Excel spreadsheets don't get much love in the corporate FinTech space, yet most corporate finance professionals rely heavily on the tool. Mike Lipps, CEO of insightsoftware, says there's a similar love-hate relationship with ERP systems. Spreadsheets and ERPs hold invaluable financial data. Now, Lipps says, the key is for CFOs to adopt tech to access it. | | |
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