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Minute-by-minute currency fluctuations mean that treasurers find it hard to predict the best time to buy, but the benchmarking system favoured by banks has got them into hot water for manipulating figures.
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Corporate credit cards and siloed budgets can create a complex and expensive system for a large corporation to keep tabs on. A new idea launching in Malawi could present a surprising solution.
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CBW Bank is outdoing the efforts of the Federal Reserve by using real-time payments to offer customers immediate access to funds – even when they are paid across borders.
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Those friendly emails asking for your help in securing access to a long-lost diamond mine may finally be at end, as Nigeria takes a bold new step in the fight against identity theft.
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Japan is considering making its business banking model more flexible in order to take advantage of advances in financial technologies.
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Despite EU regulations, many large companies have been accused of delaying payments to suppliers as a free alternative to loans. Payment and big data technology company Remitia thinks they’ve found a way to keep both sides happy.
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