April 17, 2013: The Start of a New Era in Global Supply Chain Finance?

Date Monday, July 15, 2013
GTB Area GTB
Magazine TMI – Financial Supply Chain Finance Supplement

Recently, a German newspaper published an article about innovations in payments. It started with the provocative assertion that whilst we are quite advanced when it comes to the management of transportation, warehousing and the like (RFID chips, GPS trackers, real time access on all relevant data), it seems that nothing really significant has happened in the last 30 years regarding payments. The parties are still left more or less in the dark about a payment’s status while it is being processed and have little or no influence on the exact speed and detail of execution.