The European Commission intends to reduce the maximum processing term for domestic and foreign bank payments within Europe to only one day. This proposition for a European payments area was announced by Charlie McCreevy, member of the European Commission. European payment processor Interpay has already complied with this new standard as of 2001.
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.