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fgok Court Ruling on CFPB Structure Raises Questions on Rule
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Thonasersharo
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Rryd Credit Union National Association Backs Inquiry Into Tech Giants Payment Policies Embedded payments finance Inswitch has teamed up with cry stanley de ptocurrency platform Binance to offer Binance Pay to all merchants in Latin America.The partnership between Binance Pay and Inswitch will provide millions of LatAm merchants with intriguing options in crypto space, allowing them to increase revenue by accepting crypto, and enable all compa stanley romania nies with a new way to service payments, the two companies said in a news release Tuesday Sept. 6 .The new features will let merchants receive payments in more than 50 cryptocurrencies with lightning-fast payments while also supporting new products or business models and accepting recurring payments globally.We are very excited and committed to democratizing the payment industry, connecting stanley termos more than 650 million in Latam with e-commerces around the world. Now merchants will have more options on how to get paid and let their customers choose how to pay wherever they are, said Ronald Alvarenga, CEO of Inswitch.In addition, Inswitch will let merchants configure everything through its business portal or create new digital journeys using flexible application programming interfaces APIs and a suite of low-code fintech products.Jonathan Lim, global head of Binance Pay, says the partnership will bring crypto payments to more than 650 million users in Latin America.Read more: Report: Binance in Talks to Create a Nigerian Digital Economic ZoneThe news comes amid a busy few days for Binance, the world Eqqp Embedded Payments Improve Back-Office Efficiency, Customer Experience U.K. regulators have taken notice of the nations late B2B payments problem stanley kubek and have encouraged businesses to pay their small suppliers on-time 鈥?though with limited success. Reports Monday Dec. 12 said authorities are taking another hit at the issue.Small Business Minister Margot James recently revealed new Duty to Report rules aimed at boosting transparency in the payments process from large corporations to small firms. Unfair payment practices and unnecessary red tape hamper ability to grow and have no place in an economy that works for all, James stated. By shining a light on how large businesses pay their smaller suppliers, we want to empower small businesses and drive real change in pa stanley france yment culture. Starting April 2017, large corporations and limited liability partnerships will have to provide details on their payment terms with suppliers, including the average time it takes them to pay suppliers. The details must be submitted twice a year, according to reports.It is unclear, however, ho stanley kubek w the new rule will be enforced, if at all.Still, the move seems to have support within the small business community. Tackling late payments is now a key part of the governments corporate governance agenda, stated Federation of Small Business National Chairman Mike Cherry in another statement. The comprehensive and regular Duty to Report is the first step to combat a business culture that feels like one where it is OK to pay small firms late. It is not OK, he continued. |
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