Latest Industry Sectors Articles
In this Q&A interview with gtnews, Mark Gerban, InnoGames’ head of payments, based in Hamburg, Germany, discusses the alternative payment methods that his games company uses and how they could help treasury. Deploying mobile m-payments and m-wallets, voice short codes, carrier billing, online and rich data alternative payment systems means that traceability, speed, convenience, cash management and oversight could all be improved - using lessons learnt from the games sector.
Velta LLC is still a young business. Set up in 2000, the Ukraine ilmenite mining company, based in Dnepropetrovsk, has benefited from rising prices for titanium materials - enabling it to build new plant and expand existing sites in the past three years. In this article, its chief financial officer (CFO) outlines the benefits of decentralising for small and medium-sized enterprises (SMEs) and how such a policy was successfully deployed at one of his own companies.
Plan International is one of the oldest and largest children's development organisations in the world. It works in 50 developing countries across Africa, Asia and the Americas to promote child rights, with the aim of lifting millions of children out of poverty. The scale of the organisation in terms of its treasury operation is reflected in the fact that in 2013, Plan worked with 78m children in 90,229 different communities worldwide.
The financial services industry is on the brink of major change as it faces competition from a growing range of challengers. This article examines the inroads being made in the UK market by supermarket banks, while globally the development of mobile wallets and digital currencies are opening up the opportunities for further new contenders. It argues that banks need to become data-driven if they are to mount an effective response.