SWIFT Tests Multi-Bank Tracking, Hyland Explores AP's Automation Missteps, And Accountants Urge Clarity On SMB Tax Rules.
 

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July 262018

       BUSINESS TO BUSINESS EDITION

Global Payments Tracker

TransferTo Teams Up With Stellar; Bunq Unveils Payment Link Service

Blockchain cross-border payments have landed a starring role with a Singapore FinTech startup. TransferTo has teamed up with Stellar Development Foundation to integrate Stellar’s system for cross-border facilitation services. At the same time, Amazon is opening a new office in South Africa months after Microsoft said it would build two data centers there. Here is the latest in payments and commerce news from around the world.

 

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Fleet IoT Survey

Fleet's Communication Disconnect With Finance

In the Internet of Things (IoT) age, connected vehicles offer unprecedented levels of visibility into fleet operations and payments. But analysts warn that fleet and finance managers are failing to connect with each other, and the communication gap is preventing both teams from reaching their performance goals.

 

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Accounts Payable

Corporates May Be Approaching AP Automation All Wrong

Accounts payable (AP) professionals are stressed, struggling with invoice processing delays, errors and late payment fines. Yet, investment in AP automation technology is up. What gives? Hyland's Danielle Simer reacts to the firm's latest survey on the topic, and theorizes that businesses may not understand automation as much as they think they do. The result, she says, is the mistake of over-relying on email and ERPs.

 

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