Two days ago, the world’s second largest retailer admitted to making a £250million error in its profit calculations. But with many expressing disbelief at the scale of the error, is this a shambolic mistake or a serious scandal?

A new report by the Federal Reserve Bank of Boston and the Mobile Payments Industry Workgroup (MPIW) claims that tokenization could help instil confidence in the battle against fraud.

A new study by Efma and Clear2Pay rejects the common assumption that ATMs are purely cost centres and suggests new ways that banks can capitalise on the opportunities they offer.

Global corporations based in the UK will now have to report where they make their profits and pay their taxes to HMRC, the UK government has announced.

The private banking firm Duncan Lawrie, which recruited Byron Coombs as CEO earlier this year, has now announced the appointment of several more senior personnel.

Forecasting cash flows is a key concern for treasury teams, providing companies with the strategic insights they need to grow. But bad data can cause turmoil, says Kyriba UK chief Andrew Burns.