Citibank has announced the successful deployment of its Citibank e-Billing B2B software to global air cargo company Cargolux Airlines International. It provides Cargolux with a solution for online bill presentment and payment of invoices, automated approval workflows and online billing correction. The bank said the new solution would benefit Cargolux’s customers by providing enriched airway bill data ‘allowing streamlined processes and less manual interaction’.
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.