Cash Management

Cash Management

Mastercard to Buy Bill-Pay Platform Transactis

"We’ll be able to deliver a better real-time consumer experience, from sign-up to viewing and paying bills," says Mastercard.
Bankruptcy

A Busy Day for Bankruptcies

The U.S. Bankruptcy Court in Delaware saw three mid-market Chapter 11 filings on Monday. Is it the start of a flood?
Cash Management

Metric of the Month: Establishing the Daily Cash Position

Establishing a daily cash position can be a labor-intensive process for some organizations — but it doesn’t have to be.
Cash Management

Kyriba Acquires Currency Management Vendor FiREapps

The companies said they will offer a one-stop shop for multinationals’ cash management needs.
The Economy

How to Deal With the 5 Stages of Business Distress

No matter how grim things become, it's important to face each level of distress as soon as it arises and with full transparency.
Hiring

Metric of the Month: Finance FTEs Per $1B in Revenue

More finance organizations are finding that it’s better to have a smaller, highly strategic team than an army of workers focused on transactional activity.
Cash Management

Many Companies Slow to Automate T&E Management

Spreadsheets are still the expense-management tool of choice for a third of midsize companies and a fifth of enterprises.
Credit

Walmart Files Suit Against Synchrony Financial

The retail giant is seeking $800 million in damages from its former private-label credit card partner.
Credit

Amex, Amazon Rolling Out Small-Biz Credit Card

Amazon Prime members can choose between a 90-day interest-free period and 5% cash back.
Auditing

Lessons on Auditing from Carillion’s Collapse

The sudden failure of U.K. construction firm Carillion exposes the limits of public company auditing and sparks discussion of reforms.
Capital Markets

Ex-Deutsche Bank Traders Convicted in LIBOR Rigging

"This isn't over," said the attorney for defendant Matthew Connolly.
Cash Management

Berkshire Invests In India’s Paytm

The company, India’s largest mobile-payments firm, saw a spike in users after Prime Minister Narendra Modi’s decision to pull cash from circulation.
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