Motorola has gone live with JPMorgan for international third party payments processing. Delivered in eight months, the tailored solution leverages JPMorgan’s PaySource technology to manage the global processing of all Motorola global payment activity originating outside the US. According to JPMorgan, the consolidation of this activity through PaySource, an automated disbursement solution, delivers cost savings and provides increased efficiency and transparency for Motorola. The payment processing solution from JPMorgan includes standardized messaging, consolidated treasury reporting and automated payables funding. By using a single banking provider, Motorola will be able to centralize its international payment activity through its Global Shared Service Centre located in Tianjin, China.
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.