1) Developing technologies and growing ties between cash management providers like Brink's and banks are enabling automated deposits where retailers can get same-day credit for cash deposited in store safes, without having to physically transport deposits to the bank.
2) Same-day credit cuts float time from cash deposits to about 12 hours and saves retailers time spent counting cash and making deposits, while also reducing risks of theft or robbery during transport.
3) While costs can be a concern, especially for smaller retailers, same-day credit offers benefits like consolidated banking relationships, freed up store manager time, reduced risks and exposure for retailers.
REN21’s Renewables Global Status Report (GSR) provides a comprehensive and timely overview of renewable energy market, industry, investment and policy developments worldwide. It enables policymakers, industry, investors and civil society to make informed decisions. The Renewables Global Status Report relies on up-to-date renewable energy data, provided by an international network of more than 500 contributors, researchers, and authors.
REN21’s Renewables Global Status Report (GSR) provides a comprehensive and timely overview of renewable energy market, industry, investment and policy developments worldwide. It enables policymakers, industry, investors and civil society to make informed decisions. The Renewables Global Status Report relies on up-to-date renewable energy data, provided by an international network of more than 500 contributors, researchers, and authors.
The International Comparative Legal Guide to Corporate Tax 2014Julia Smirnova
GLG published its 2014 edition of the ICLG: Corporate Tax which has been fully revised and updated to cover the key issues of current applicable regulation, including full analysis of important aspects of cross-border transactions and international law. With contributions from over 40 leading law firms worldwide, the guide offers concise and comprehensive guidelines for global investors operating across various jurisdictions. Lidings’ partner, head of Tax and Customs practice Stepan Guzey has authored exclusive coverage of Russian regulation.
Stora Enso's newsletter for stakeholders
Topics covered:
Living the code of conduct
Piloting WWF methodology for assessing landscape changes
Multi-stakeholder dialogue on plantations
A transparent process for forest certification
Highly rated climate strategy
A new solution for sustainable shelves
Building up commitment through e-learning
Solutions Catalog # 1 by ISIS Papyrus Software
Learn More about successful Customer Implement
in various Industries and how the Papyrus Platform for
Inbound and Outbound Business Communication and
Process Management will make your organization
more flexible, efficient and responsive to customer needs.
A global standard_for_the_identification_of_key_biodiversity_areas_final_webzubeditufail
A Global Standard for the Identification of Key Biodiversity Areas
Version 1.0
Prepared by the IUCN Species Survival Commission and IUCN World Commission on Protected Areas in association with the IUCN Global Species Programme
23 March 2016
The International Comparative Legal Guide to Corporate Tax 2014Julia Smirnova
GLG published its 2014 edition of the ICLG: Corporate Tax which has been fully revised and updated to cover the key issues of current applicable regulation, including full analysis of important aspects of cross-border transactions and international law. With contributions from over 40 leading law firms worldwide, the guide offers concise and comprehensive guidelines for global investors operating across various jurisdictions. Lidings’ partner, head of Tax and Customs practice Stepan Guzey has authored exclusive coverage of Russian regulation.
Stora Enso's newsletter for stakeholders
Topics covered:
Living the code of conduct
Piloting WWF methodology for assessing landscape changes
Multi-stakeholder dialogue on plantations
A transparent process for forest certification
Highly rated climate strategy
A new solution for sustainable shelves
Building up commitment through e-learning
Solutions Catalog # 1 by ISIS Papyrus Software
Learn More about successful Customer Implement
in various Industries and how the Papyrus Platform for
Inbound and Outbound Business Communication and
Process Management will make your organization
more flexible, efficient and responsive to customer needs.
A global standard_for_the_identification_of_key_biodiversity_areas_final_webzubeditufail
A Global Standard for the Identification of Key Biodiversity Areas
Version 1.0
Prepared by the IUCN Species Survival Commission and IUCN World Commission on Protected Areas in association with the IUCN Global Species Programme
23 March 2016
Expense Reduction Analysts guide to cost reduction in the area of Banking and Finance. Covers credit card transactions and fees; service charges and finance processes.
Demystifying Faster Payments – Separating Hype from RealityNasreen Quibria
NEACH’s 2017 Payments Management Conference
Faster payments trends may affect you sooner than you think! Hear about the latest solutions in development from the Federal Reserve Task Force activities, the Clearing House, and other initiatives. Learn about what’s on the horizon and what will it mean for your financial institution.
4 Reasons Why CFOs Should Rethink B2B Accounts Receivable PaymentsWilliamJames346254
This e-book shows 4 major reasons why CFOs need to change their B2B payments strategy and Explore how digital payments enhances Sage Intacct’s payment capabilities.
Digital B2B Credit Best Practices | Emagia Credit Automation | Emagia MasterC...emagia
Digital B2B Credit Best Practices
Agenda
Introduction
Credit Management and How It’s Changed
Fundamental Credit Best Practices
Digital Automation Enablers
Case Study
Benefits
Conclusion
Questions
Introduction
The Covid 19 economy has raised the level of Credit Risk to levels not seen in the global economy since the Great Depression
Revolutionizing lending in today's digital worldExperian
Imagine a world where the lending journey is streamlined and aligned with today's innovative technologies. A world where income and asset verification happen real-time. No need to return to your customers and request even more paperwork to support their ability to pay. This presentation dives into how lenders can now bring financial data aggregation into the mainstream. With a simple interface, lenders can verify income and assets in minutes vs. days, leading to reduced processing times, improved revenue streams and higher customer satisfaction.
To view the accompanying webinar, go to: https://www.financialpoise.com/financialpoisewebinars/on_demand_webinars/merchant-cash-advance/
Financing through a merchant cash advance (MCA) is used mostly by companies that accepted credit and debit cards for most of their sales, typically retailers and restaurants. The concept is this: funder purchases a portion of the company’s future credit card receivables for a discounted lump sum. The MCA funder receives the purchased credit card receivables as they are generated either by taking a percentage of the company’s daily credit card proceeds or by debiting a certain amount of funds from the company’s bank account. Depending on the risk profile of the company, it can be a more expensive form of financing for a business compared to other types of financing. This webinar explains the nuts and bolts of MCA financing, its pros, and its cons. It explores the documentation that is necessary to enter into such an arrangement, including how to negotiate that documentation.
Supply Chain Finance Support Facility Project Briefing NoteABC Bank Kenya
Purpose of this briefing note
Inclusive Growth is one of FSD Kenya’s four theme areas. The objective of the Inclusive Growth programme is to enhance financial inclusion of SMEs in Kenya.
One of its first projects was the Supply Chain Trade Finance (SCTF) Facility, which started in 2009 and will soon be merged into the new GrowthCap Programme.
This briefing note is based on experiences gained in the Supply Chain Trade Finance project. Its aim is to communicate how to successfully introduce Supply Chain Finance.
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USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
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US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.
Daily Deposit Article
1. Banking ties, technology help cut float,
prep time for cash deposits
By Angel Abcede
aabcede@cspnet.com
W
hile credit-card fees prompt Fred Purches, senior vice president of gins get squeezed.
retailer cries of woe, the other strategic solutions and project man- Still, Purches says workplace safety
end of the game—cash man- agement for Brink’s Inc., Dallas.“It’s as and cash-management efficiencies often
agement—remains an unsung burden if you moved the bank to the store.” transcend cost, even for smaller com-
of reconciliation, prep time for Of course, cutting the time needed panies. “We have customers across the
deposits and the dreaded exposed walk to reconcile shift drawers and physi- spectrum,” Purches says, citing how
to the nearby bank. cally make deposits, as well as the some Brink’s customers own one store
Developing technologies and grow- potential reduction of float time, are and others have thousands.“The notion
ing ties between cash-management benefits any retailer would want. The of using an armored-car service ends
providers and banks appear to be ush- concern becomes cost because, at least up being a philosophical decision for
ering in the day of automated deposits, for Brink’s, what the company calls … store [management]. Something will
in which putting cash into the store safe’s “same-day credit” for cash is bundled happen; maybe someone gets robbed.
bill acceptor replaces that back-office into the larger package that includes There’s a financial exposure, cost and a
counting and that risky trip to the bank. armored-car service. psychological component.”
“We’ve partnered up with banks so Cost can be an even greater issue
that [retailers] can get credit for money for smaller chains or single-store own- Fast Food, Fast Money
in the safe, whether or not that money ers, who need to watch operational C-stores hold more than 50% of the
has been brought to the bank yet,” says costs, especially when gasoline mar- 6,000 safes currently installed with
some portion of Brink’s bundled offer.
MONEY MAN: The armored-car service has evolved Same-day credit has been an option for
into a cash-management solution for many retailers. about a year. While Purches could not
say how many c-store retailers have
moved to the same-day-credit func-
tionality, he says customers have defi-
nitely started to add the service and
others are considering it. One large
chain that has publicly announced its
use of the service is quick-serve ham-
burger chain Wendy’s, Dublin, Ohio.
For Wendy’s, the service is not quite
“same day,” with store safes getting
polled at 3 a.m. and then the availabil-
ity of funds coming hours later with
the next business day. Brink’s officials
say it’s an optional setup. Banks typi-
cally close out the day at 6 p.m., so for
retailers who prefer a faster turnaround,
M a r c h 2 0 0 8 CSP 113
2. Calculating ROI
B esides the key benefits of reducing float and increasing safety, retailers hoping to
thoroughly investigate the options of armored-car service and same-day credit for
cash deposited in store safes can evaluate savings on the cash-management end. and prepares the pile for deposit.
Ed McGunn, CEO of Corporate Safe Specialists, Posen, Ill., says playing with the “Sometimes there are discrepancies
numbers can give retailers a picture of how such an expense—which could range from and then arguments between the clerk
$500 to $600 per month per store—could balance out in the end. The subtotal is calculated and the manager, even if it’s just $20 is
by taking into account the counting, preparing and delivering of cash deposits with a missing,” Purches of Brink’s says. “It’s
supervisor at $11 per hour and a manager at $9 per hour. not a clean process.”
Balancing cash in the till: 1.75 hours The entire cycle takes a manager
Preparing bank deposit: +0.75 hours anywhere from two to four hours a day
Delivering deposit to bank: +0.75 hours and ends with the manager walking or
Subtotal: $65 driving the deposit to the bank.
Average cash loss per day per store: +$5 Over the years, safe manufacturers
Total average traditional cash-management $70 (which over a decade ago included
cost per store per day: Brink’s) have developed computerized
Monthly tabulation: $70 x 30 days = $2, 00
1 product lines that improved in terms
of software year after year. Hardware
also has evolved, with options includ-
a 5 p.m. poll could clear funds in the related activities, which included count- ing safes that accepted stacks of cash or
safe that very day. In any case, estimates ing the till up to three times a day.He says ones that had two bill acceptors built
are the service will save the fast-food managers who were better skilled at get- into them, Purches says.
chain $3 million annually. ting freshly made meals to customers The drive to automate safes sprang
Chris Manning, director of loss pre- cited counting and reconciling cash one from a desire among retailers to man-
vention and security for Wendy’s, says of the most difficult parts of their jobs. age their equipment remotely, says Ed
that on average, store employees previ- For Manning, the chain tested and McGunn, CEO of Corporate Safe Spe-
ously spent 27 hours a week doing cash- implemented the service for myriad cialists (CSS), Posen, Ill. Brink’s uses
reasons,“but mainly to save on fees and CSS hardware as part of its solution.
costs associated with banking,” he says. “For us, it started with customers want-
“Life safety and loss reduction were also ing to change the alarm codes
instrumental in our ROI model.” remotely,” McGunn says.“But once you
put a computer into the safe, you could
Getting There do things like tabulate deposits.”
For the c-store industry, Bill validation advanced as bill read-
which runs the gamut in ers became more functional and
terms of electronic sophisti- robust. “Instead of manual deposits,
cation, the traditional cash- with a bill validation [device], you
management process starts with a shift could see every single note go—in real
cashier clipping bills together and drop- time—into the safe,” McGunn says, cit-
ping them into a safe near the register. ing how the advancements really began
At the end of the day, a manager or around the year 2000. “So now, all of
supervisor opens the safe, takes the a sudden, store owners had this power.”
accumulated cash into the back office
Banking Ties
Still, while technology advancements
SAFE EVOLUTION: Computerized systems
have made today’s safes capable of remote began to open the door to things such
applications, including same-day credit for as same-day credit for cash deposits, a
cash deposits made at store safes. vital piece was missing. For Brink’s, that
114 CSP M a r c h 2 0 0 8
3. Today, many banks allow Brink’s to Consolidates banking relation-
provide this service to retailers.“The bank ships. Retailers no longer have to pick
needs to agree to do this as well,” Purches a bank based on how close a branch is
says.“It’s the bank’s willingness to say,‘I’ll to a store.
give you the credit at the store [level].’ ” Saves store-manager time.
Though Brink’s cannot force a bank Counting cash at the store becomes a
to participate, retailers can request that thing of the past.
banks consider allowing the service or, Limits risk of internal theft. The
in a more extreme case, the retailer can service reduces the amount of cash
SHIFTING RESPONSIBILITIES: For
everyone from single-store operators to
change banks. The second alternative accessible to employees.
multistore retailers, corporate philosophy sometimes is a valid choice because Limits exposure and the time
dictates the use of armored-car services. one of the benefits of the same-day needed to go to the bank. The risk of
credit service is the ability to consoli- walking or even driving to a nearby
critical link was a strong relationship date bank accounts. bank is eliminated.
with banks. It’s something that began “If you think about it, in the old way As technology and trust between
to open up when financial institutions [retailers] were picking banks based on processors and banks develops, retail-
in larger and larger numbers began proximity to their stores,” Purches says. ers may begin to see float on cash
outsourcing cash-management needs. “With the armored service, you needed deposits evaporate entirely. McGunn
Because Brink’s was already provid- fewer and fewer banks.” of CSS says increased efficiency and
ing transportation services to banks, accuracy also will follow.
Purches says, processing money was a Key Benefits In the long term, the same platform
logical step. That part of cash routing While many retailers may still be at the could extend to different parts of the
entails a “cash vault,” or a secured loca- point where they’re considering the store, he says; for instance, customers
tion where people actually count and larger service of armored-car delivery, could pay for coffee right at the coffee
reconcile paper money and coins. the addition of same-day credit for cash maker—and have that cash collected and
Brink’s developed a relationship with deposits provides numerous benefits credited directly to a retailer’s account.
the top banks over time, which led to in and of itself, according to Purches of “What if the c-store did not have a
an in-house infrastructure designed for Brink’s. Here are a few: cashier?” McGunn asks. “I imagine
cash-vault services. That foundation Accelerates credit of funds. The increases in sale space and an employee
allowed the company to then move to service cuts the float time associated that’s there to help the customer vs. act-
providing retailers with same-day credit. with cash deposits to about 12 hours. ing busy or completing transactions.” I
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