The Rise of FinTech in Supply Chains
JUNE 22, 2016
A new type of services company could transform global supply chains: Financial technology companies that act as intermediaries in facilitating transactions between a company and its suppliers. They enable both the buyer and supplier to improve their working capital by making it possible for the former to extend its payables and at the same time accelerate payment to the latter. the supplier gets $9,959 of the $10,000). Operations in a Connected World.