Tuesday, July 5, 2022

Payment tech platform GPS makes new senior leadership changes

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Global Processing Services (GPS), a payment tech platform, announced the promotion of Joanne Dewar to Vice Chair. Kevin Schultz has also been named CEO, effective immediately. Joanne will maintain her position on the GPS board, where she will focus on the global profile, and continue to work alongside Chair, Gene Lockhart, in a newly created Office of the Chair.

Decathlon and Payer sign agreement on digital invoicing solutions for B2B

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Decathlon signs an agreement with the payment company Payer on a digital invoicing solution for B2B. With the new solution in place, Decathlon saves time and money on reduced administration while improving control of invoice management and post-purchase.

African businesses ditch cash-based B2B payments, says Duplo research

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A report that includes the surveyed opinions of over 1,000 business owners from Kenya, Nigeria, South Africa and Egypt has revealed ease of use, reliability and speed as the preferred features for African businesses when it comes to B2B payment methods. 

Corpay Cross-Border announces a strategic collaboration with Triterras

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Corpay, a FLEETCOR® brand and global leader in business payments, and Triterras Inc. (OTC Expert Market: TRIRF), a global fintech company and leading innovator of inclusive finance solutions for the world’s micro, small and medium enterprises (MSME’s) are pleased to announce a new collaboration between Corpay’s Cross-Border business and Triterras Inc.

Businesses should reduce operating expenses in face of rising costs

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Businesses will struggle to survive if they don’t find innovative ways to navigate supply chain issues and manage the rising costs of doing business. The next 12 – 24 months is going to be challenging for businesses to maintain operations unless they are able to manage supply chain issues and the rising cost of doing business effectively. Being an island nation, Aussie businesses only have two options for bringing goods into the country - by air and by sea.

Molpus Woodlands Group announces changes in its senior leadership team

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The Molpus Woodlands Group, LLC (Molpus) announced Terrell Winstead will become Molpus’s new President on August 1, 2022. Bob Lyle, Molpus’s current President, will transition from management but will continue to serve Molpus as Special Advisor to the President, and as a board member, investment committee, and as managing broker for its real estate activities.

Only 53% of banks will be ready for regulatory reporting in six months

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A report from Avanade, a Microsoft solutions provider, and EFMA, a non-profit organisation created by leading banks and insurers, has found that many banks are not on course to meet their environmental, social and governance (ESG) goals. The report, entitled “Taking sustainability seriously: Are banks ready?”, highlights how banks and financial institutions are under increasing regulatory pressure to track and monitor their ESG progress.

ASX tech platform Automic Group acquires investor relations company

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Automic Group, one of Australia’s largest share registry businesses, and Market Eye, Australia’s investor relations advisory firm, are pleased to announce Automic Group’s acquisition of Market Eye.

SoftBank appoints Alex Clavel as CEO of SoftBank Group International

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SoftBank Group Corp. (SoftBank) announced that Alex Clavel, Managing Partner at SoftBank Group International (SBGI), has been appointed as CEO of SBGI, effective June 30, 2022. Mr. Clavel will succeed Michel Combes, who is leaving SoftBank to pursue new opportunities.

SMEs should leverage the federal SME Recovery Loan Scheme

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Businesses should to take advantage of the government’s generous SME Recovery Loan Scheme before applications close on 30 June 2022. The SME Recovery Loan (SRL) Scheme is providing much-needed financial assistance to many SMEs who would otherwise not be able to access business funding to help their business through the challenges of COVID.