MasterCard International has released MasterCard e-P3, billed as the first electronic payment and information management service fully integrated with the MasterCard Corporate Purchasing Card. Using MasterCard e-P3, buyers can automatically link electronic purchase orders, invoices, receipt of goods and other transaction documents with purchasing card transactions, resulting in considerable cost savings, according to the firm. The first adopters of this new solution, implemented on the Xign platform, are Memorial Sloan-Kettering Cancer Center with its JPMorgan Chase MasterCard Corporate Purchasing Card and Pantellos with its Citibank MasterCard Corporate Purchasing Card programs.
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.