Johnson Controls Inc. recently completed a spin-off of its automotive division, Adient plc. We take a look at the innovative use of multicurrency notional cash pooling by the company, which is allowing Adient to meet the challenges of multicurrency operations.
Well-managed cashless transactions where data is captured in a consistent manner represent a major business opportunity for retailers. In addition, as instant payment systems proliferate there is further opportunity to reduce working capital requirements by cutting settlement timelines.
One of the most innovative and far-reaching technologies of recent years is the Internet of Things (IoT). UniCredit discuss what can be achieved by combining the IoT with innovative payment capabilities, leveraging virtual accounts and blockchain technology.