Software giant Microsoft has announced its intention to participate in the RosettaNet Payment Milestone Program, an initiative designed to drive the automation of payments from RosettaNet business processes. Microsoft also announced the launch of its RosettaNet Payments Toolkit, a software solution that will support the initiative and provide financial institutions and their corporate customers with an efficient way of automating the payment process for supply chain transactions. The toolkit, which forms part of the Microsoft BizTalk Accelerator for SWIFT, aims to provide a cost-effective way for banks and corporations to integrate the payment process quickly and easily into existing information technology systems. RosettaNet was established by a number of high tech companies as a means of automating payment and collection 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.