The US state of Mississippi has implemented PayMode, a bank-neutral, electronic payment solution and has begun making electronic payments to its suppliers, vendors and service providers. Cille Litchfield, Chief Systems Information Officer for the State of Mississippi’s Department of Finance and Administration (DFA), said, ‘Clareon worked with the State to integrate PayMode with our financial system, completed testing and was ready several days before our scheduled ‘go live’ date. In the first two months since implementation we have issued more than $300 million in payments using PayMode and enrollment by our vendor community has far exceeded our expectations.’
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.