The New York Clearing House has published a market research study that investigates the barriers to electronic payments across large, medium and small companies. The study included quantitative interviews and qualitative focus groups. Findings show that there are five key barriers and that ‘straight-through processing’ is essential to migrating businesses from paper checks to electronic payments. The research was conducted to determine the specific factors preventing businesses from sending and receiving electronic payments and is part of an initiative aimed at finding ways to make executing electronic payments as easy as paying by check. The survey of one hundred fifty-five companies targeted treasurers and other financial professionals in charge of the payments area within their companies. It was followed by nine focus groups of executives and senior managers responsible for company finances and accounts payable/receivable.
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.