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[via CFO.com]  Managing the finance infrastructure of a large global company is a messy, convoluted business. Regulations and proesses vary from country to country. Redundancy and inefficiency plague the global treasury and finance departments of multinationals. Now IBM has a cure:

Enter IBM, with software that attempts to normalize and standardize
the complex process of developing consistent [...]

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Tomorrow's New York Times reports that banks are issuing fewer loans to companies and charging more. This increases the pressure on corporate accounting and finance to manage cash flow judiciously; increasing the rate at which receivables are collected and closely managing the rate at which payments are disbursed. It's a good time to be selling [...]

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Just as the payments infrastructure begins to address globalization and the need for seamless international transactions (SEPA, SWIFT, IAT – see previous posts here), the regulatory bodies are inching toward international accounting standards as opposed to separate, domestic accounting rules (more on IFRS vs. US GAAP). 
Christopher Cox, head of the SEC, wants a "public [...]

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[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. - EMc]
Keynote Address: Managing the Changing Mix of PaymentsBrian Hurdis, President, Metavante Image Solutions
[program blurb] This [...]

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The most recent Business Week has an interesting article on the evolution of online payments in China. Until recently most Chinese online purchases are paid at the time of delivery, a process that is both expensive and inconvenient for merchants.
But now, business for China's online retailers is picking up. Consumer e-commerce in the country will [...]

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