In business, everything starts and ends with a payment. Companies receive payments from customers and make payments to their suppliers every day and the finance department is responsible for ensuring that the company is paying the right amounts and receiving the expected sums. Often, companies are processing these payments in multiple locations, with different teams working with local banks, customers and vendors. However, the move towards more digital payment methods is changing the payment landscape — rapidly.
Harbin Bank has emerged as the primary bank in China that is forging closer nancial relationships between the country and Russia, implementing several initiatives to strengthen business links between the two nations. Harbin Bank together with Sberbank, the largest state-owned ...
Preparing for disruption in corporate banking business models
Improving the mortgage origination experience: Is blockchain the answer?
A business revolution is well underway and traditional businesses are being disrupted by “platform businesses”, which are businesses that use technology to connect corporates, individuals and resources for the exchange of physical goods, services or information. Businesses are generally organised as “pipes”, whereby goods or services are transformed along a linear supply chain process beginning from raw materials and culminating as an end product to the customer.