Santander and Mastercard have piloted Europe’s first end-to-end AI-conducted payment within a regulated bank environment, heralding a new era of autonomous transactions subject to strict governance and security safeguards. An AI program has carried out a live purchase on Santander’s payments rails in Spain, marking…
Hong Kong and Shanghai sign a memorandum of understanding to accelerate cross-border digital trade and finance, aiming to develop shared infrastructure, electronic trade document use, and secure data integration. Hong Kong and Shanghai have formalised a new collaboration aimed at accelerating the digital transformation of…
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As climate-related disruptions intensify, ports and ocean freight are shifting from intermittent issues to systemic risks, urging firms to rethink infrastructure and operational strategies to safeguard global supply chains. Ocean shipping has shifted from an episodic operational headache to a central, persistent risk for global supply chains as the climate…
Mid-market organisations can turn procurement audits from disruptive crises into routine controls by implementing continuous compliance practices, centralising workflows, and leveraging AI-driven automation to ensure verifiable evidence and streamline verification processes. For mid-market organisations, the arrival of a procurement audit notice too often triggers a…
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The Department of Culture and Tourism – Abu Dhabi has implemented a major procurement reform, resulting in significant savings and faster processes, supporting the emirate’s push to expand its tourism sector by 2030. The Department of Culture and Tourism – Abu Dhabi has reported a substantial overhaul of its procurement…
At the ARC Industry Leadership Forum, Avantor and Aera Technology showcased how targeted decision automation can transform inventory management, reduce waste, and enhance supply chain agility through incremental, pragmatic implementation. At the ARC Advisory Group’s 30th Industry Leadership Forum in Orlando on February 10, Avantor…
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View AllEuropean Parliament has paused ratification of the EU–US trade deal following US moves to impose unilateral import duties, raising doubts over the agreement’s future amid legal uncertainties and diplomatic tensions. Members of the European Parliament have put the ratification of the EU–US trade agreement on hold after fresh moves by…
A US Supreme Court decision has invalidated several Trump-era tariffs, creating legal and logistical uncertainty for billions of dollars worth of imports and prompting a complex, ongoing adaptation in customs and trade practices. About $8.2 billion of imported cargo remains embroiled in legal and logistical…
