Chase’s initiative to provide financial Electronic Data Interchange (EDI) services via the Internet represents a vital next step for electronic commerce in Australia. A large Australian retailer is the first company outside the United States to send EDI payment instructions and related remittance information to Chase over the Internet. This service, initially launched in the United States in February 1997, represents the first time an Australian company can deliver its entire accounts payable file – including multiple payment types, multi-currency payments and remittance data – over the Internet for processing.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.