Insolvency experts are reportedly gloomy about what 2024 will bring big companies. These firms will face continued high borrowing costs and reduced consumer spending, with tech companies among those facing financial upheaval, the Press Association reported Sunday (Dec. 31), citing interviews with industry experts. The report cited...
Today in B2B payments, American Express enhances its early B2B payment solution, and payroll provider Paylocity strikes an acquisition deal. Plus, Allied Irish Bank strengthens its receivables finance offering, PwC develops data capture solution and BlackLine modernizes the cloud. American Express Enhances Early Pay To...
PwC has spun out its technology for proprietary intelligent data capture to help create a new business, LIKEZERO, focused on next-generation data capture, a press release says. The new development comes from a management buyout by Souter Investments, a private equity-focused family investment office, and...
Talk of a major reshuffling in international trade continues to build as more companies eye global supply chains, opening up opportunities for American manufacturing. Tim Ryan, chair of accounting giant PwC (PricewaterhouseCoopers), told CNBC that U.S.-based companies are sticking with their plans for shifting manufacturing commitments...
January 16, 2024
A survey found that 25% of CEOs think artificial intelligence will trigger staffing reductions this year. The survey, published Monday (Jan. 15), was conducted by PwC ahead of this week’s World Economic Forum in Davos, Switzerland. A quarter of the CEOs said generative AI would lead to job cuts of at least 5% this year, […]
January 02, 2024
Insolvency experts are reportedly gloomy about what 2024 will bring big companies. These firms will face continued high borrowing costs and reduced consumer spending, with tech companies among those facing financial upheaval,...
October 26, 2020
Talk of a major reshuffling in international trade continues to build as more companies eye global supply chains, opening up opportunities for American manufacturing. Tim Ryan, chair of accounting giant...
June 16, 2020
Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after none of the buyers could offer an acceptable deal to the company’s banks and lenders, Financial...