article thumbnail

IBM Targets Pharmaceuticals With Blockchain Supply Chain Tech

PYMNTS

As IBM continues its exploration of how blockchain could disrupt supply chain management, the technology firm has partnered with Hejia to introduce a solution targeting the pharmaceutical space. The solution is already working with one pharmaceutical retailer, a hospital and a bank to facilitate transactions between these parties.

article thumbnail

Supplylogix Secures Pharmaceutical Inventory Management Patent

PYMNTS

The company targets the pharmaceutical industry, and its patent will enable industry players to transfer inventory of medications based on demand, the firm said. “We The pharmaceutical industry is active in the exploration of tech and FinTech to enhance supply chain and other business management processes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Professionals on the Move – Jan. 2024

CPA Practice

The strategic acquisition also encompasses Mueller dotKonnect , a business process outsourcing firm specializing in finance, accounting, tax and payroll functions. Tang joins the firm from Marcum Asia CPAs LLP where he served as an Audit Partner.

Illinois 114
article thumbnail

Infibeam Partners With Primechain On Blockchain-Based Invoicing For Global Trade Finance

PYMNTS

Digital payments entity and eCommerce platform Infibeam Avenues and blockchain startup Primechain Technologies have announced a partnership to implement a cross-border blockchain invoicing platform for the $12 trillion global trade finance market.

Finance 43
article thumbnail

Tradewind Looks To Expand Services Across SE Asia

PYMNTS

Tradewind, which provides international financing and supply chain financing, recently funded a garment company in Vietnam that was looking to capitalize on a rapid surge of orders, including deliveries to Europe and the U.S. The company turned to Tradewind to help boost cash flow, the press release states.

article thumbnail

Troubled NMC Health Suspected Of Faking Drug Orders

PYMNTS

Today’s Financial Times article states: “NMC allegedly used fake documents to simulate orders for pharmaceutical supplies from Neopharma, and its joint venture Nexgen, to obtain credit from banks and factoring agents that financed the fabricated sales.

article thumbnail

Greensill Accelerates Payments To UK Pharmacies With Forecasting

PYMNTS

We are always delighted to be able to use our technology to remove finance costs from a supply chain but never more so than when we can support small businesses that play such a key role in supporting our nation’s health.” billion) of supply chain finance payments annually. billion pounds ($1.5