Faster payment solutions have belatedly made their debut in the US, but it’s still a work in progress.
A survey of the country’s internet users finds that over 70% no longer use cash for day-to-day purchases.
Careful planning means that the benefits innovation and digitisation can be extended to include the economically marginalised and not only those within the formal financial system.
The Federal Reserve Banks and The Clearing House develop local market practices to facilitate end-to-end payments tracking for their participants.
The region’s consumers are steadily giving up their reliance on notes, coins and cheque books, but not all corporates are making similar progress.
Banks and fintechs have both realised that they can achieve far more as natural partners than as competitors. The resulting synergies are particularly great in making international payments swifter, cheaper and more efficient.
Customer expectations are driving the instant payments demand, but are technological companies ready to meet them?
A recovery in commodity prices, coupled with the rising fortunes of several sub-Saharan African economies, means the continent offers excellent opportunities for companies able to contend with its treasury and risk management challenges.
What is Convenient, Anonymous, Safe and Hotly debated? Cash, of course. This article explains why for all the talk of the cashless society, notes and coins aren’t likely to disappear just yet.
Tungsten Network is a London-based electronic invoicing specialist. In this interview with GTNews, company president Prabhat Vira and senior vice president Kevin Wilbur outline the factors driving growth in e-invoicing and how corporates are using it to streamline finance management.