SWIFT hires former Barclays exec, Microsoft launches new payroll solution and UPS creates on-demand warehousing platform
| | BUSINESS TO BUSINESS EDITION | Banks And The Blockchain Scramble Blockchain is getting its share of true believers. Among them are banks, traditional FIs and central banks. A series of new projects demonstrates that sanguine embrace â but does the promise outweigh what might be a more pedestrian reality? |
Cleaver Investigation Denounces Lack Of SMB AltFin Transparency U.S. Representative Emanuel Cleaver (D-MO) has published the preliminary findings of a probe into small business alternative finance, at a time when lawmakers are considering more regulatory oversight of the market. Use of personal credit scores and forced arbitration clauses are problematic, but the biggest issue, Cleaver's investigation found, is an overall lack of transparency in how FinTechs design their algorithms. |
| Alt Lending | Smart Contracts Take Hold In Equipment Finance Equipment financing and leasing is about more than big machinery and factory assets. The tool is key to corporates' ability to adopt new technology, says Ralph Petta, president and CEO of the Equipment Leasing and Finance Association. Interestingy, he tells PYMNTS, the EL&F market is at the precipice of its own tech adoption boom, starting with smart contracts. | | |
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