Small businesses depend on financial intermediaries like banks to manage their money and facilitate wire transfers to pay their workers, suppliers, and manufacturers overseas. In turn, banks use SWIFT to process most of these cross-border payments between firms banked in different countries. This article lists what you need to know about the SWIFT messaging system.
October 20, 2022 | 2.00PM EST
Does your institution make payments through Accounts Payable to students, instructors, researchers and academic visitors? Internal procedures might identify a payment as a stipend or honorarium, fellowship, grant or scholarship – but what these have in common in tax compliance is a set of specific regulatory requirements which will determine whether payments are subject to
The Financial Resilience Index is a tracking survey of New Zealanders’ views on five key financial resilience indicators.
Every so often, Jenny Redes gets a call from an employee who has recently discovered their pay stub. They typically have questions about what all the various numbers mean, and the human resources professional says that’s understandable. “It’s a lot of information,” says Redes, a Society for Human Resource Management certified professional and human resources
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Global Market Strategist for J.P. Morgan Private Bank, Elyse Ausenbaugh, discusses the cause of high inflation rates, when inflation could normalize, and the possibility of the Federal Reserve raising interest rates.
When we talk about changing culture in an organization, it rarely starts with finance, but maybe it should. Why? Because finance has a significant impact — good or bad — on the culture of any organization. In an Executive Session at AFP 2021, Gary Bischoping, partner at Hellman & Friedman, and Greg Milano, founder and
If you’ve had a new debit or credit card in the last few years, you might have noticed a few changes to the design. Cards increasingly have new features like notches cut out of one edge, raised dots on the main side and the owner’s name printed, not embossed. These changes are done for the same reason
We talked to Invsta CEO Rachel Strevens about technology and the future of investing.
MX helps Upwise users connect all their financial accounts in one place because managing your money is about more than tracking dollars in and dollars out.
Banks and other financial institutions are increasingly accounting for environmental, social and governance (ESG) factors in their portfolios. A particular area of focus has been on the environmental component, especially around decarbonization. Adopting a strategy focused on ESG or decarbonization, however, is easier said than done – in part because the strategy is only as
Hear from Cat, Kernel Head of Marketing and Customer Strategy, on how Kernel can help your company improve its financial wellbeing.
