Hospitals OK with Amazon as a supplier, FR8Star explores factoring’s disruption, and Cashplus partners with Currencycloud.
| | | | BUSINESS TO BUSINESS EDITION | | B2B Payments Fraud Tracker |
| Invoice Fraud, Global In Reach, As GDPR Looms As new compliance rules loom â GDPR and CDD â new acronyms (and mandates) make companies scramble to get to know their suppliers a bit better. May (the month) may see risk compliance efforts flower. In the meantime, invoice and payments fraudsters may be getting a bit bolder, grabbing everything â even the barn. |
| Blockchain Projects From LG, Mitsubishi And HSBC Make Headway Those following blockchain news know that HSBC completed what it said was a first for the technology in its application in the trade finance space. But the lender wasn't the only major entity to make headway on its blockchain project. This week's Blockchain Tracker traces the latest news from LG, Mitsubishi and others, which all have their own news of progress on distributed ledger initiatives across payments, supply chain management and more. |
| | Alternative Finance | | Cash Flow Bottlenecks Drive Supply Chains Toward Factoring Research suggests the freight market is factoring's largest customer. Matt Kropp, co-founder and CEO at FR8Star, explains to PYMNTS the cash flow bottlenecks that are rampant between shippers, carriers and other players connected to the supply chain. Factoring, he says, is a straightforward solution â if factoring firms can overcome fraud, a lack of creditworthiness and other challenges. |
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