No Brexit trade deal could be costly for firms, Uphold talks crypto's roll in payroll, and investigation finds widespread auditing issues.
| | | | BUSINESS TO BUSINESS EDITION | | Do Faster Payments Need Digital Fiat? Cryptos get all the press, but there are better ways for faster and more secure payments â and better ways to reach the unbanked populations around the globe, says Nanopay CEO Laurence Cooke. Fridayâs Topic TBD was a lively debate on why â or why not â digital fiat plus bank rails means faster payments, at scale. |
| Why Researchers Want Governments Involved In Blockchain's Attack On Late Payments Alternative finance, eInvoicing, government regulations â they have all been used as weapons in the fight against late supplier payments, and yet the problem continues. Industry experts say part of the issue is that this is a behavior problem, but a technological one. A new report from the Korea Small Business Institute says blockchain and cryptocurency have the power to eliminate late payments altogether. That's great, in theory, but the glaring issue is how to get businesses to adopt these technologies. According to research fellow Park Jae-sung, governments must lead by example and be the first adoptors of blockchain solutions to erradicate late B2B payments. |
| | Cryptocurrency | | Uphold Powers Cryptocurrency Payroll While most Americans might wonder why anyone would rather be paid in cryptocurrency, the situation for workers in some developing countries â where thereâs little worker trust in the stability of fiat currency â makes crypto a more viable option. Upholdâs chief revenue officer, Robin OâConnell, told Karen Webster that a new partnership with Bitwage and Dash is about providing new options for employers to use cryptocurrency to pay their workers for that hard dayâs night. |
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