IBM, Maersk blockchain effort challenged, UK mulls SMB loan regulation overhauls, and Symbeo explores supplier churn’s AP impact
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

October 292018

       BUSINESS TO BUSINESS EDITION

FinTech

Bank Top Lines At Risk Amid FinTech Boon?

FinTech and new FI players are grabbing a large slice of the banking revenue pie across the globe, says Accenture. In at least one market, though, (the U.K.), smaller firms are putting their trust, and funds, into traditional high-street banks.

 

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Data Digest

The CIO Emerges As A Key Asset For The CFO, Says Workday

Part of the chief financial officer's role in the enterprise is increasingly reliant upon data. As the role evolves, Workday analysts say CFOs will have to look beyond the finance department for key information to mitigate risks and digitally transform. A new report from Workday suggests the chief information officer is a key partner for CFOs, yet most finance and IT execs clash on their objectives and fail to "speak the same language."

 

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Accounts Payable

How Supplier Churn Can Stifle B2B Payments Automation: Symbeo

In corporate finance, automation can save valuable time and effort on otherwise monotonous tasks. For large enterprises, however, a high rate of supplier turnover makes accounts payable far from monotonous, with constantly changing invoicing and payment needs. Symbeo President Matt Wright explains how AP automation technology can accommodate the ongoing churn of vendors that can bottleneck the B2B payments flow.

 

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