Earlier this month, Mastercard and Asian Development Bank (ADB) announced a new initiative focused on digitalizing supply chains for organizations. This is just one of several efforts centered on streamlining the supply chain payments process in the digital age, and one that’s being driven by a mix of current business conditions and existing business challenges.
Mastercard says it’s working with N-Frnds, SGeBIZ and Finastra—and that it has the support of ADB—to develop technology solutions that will “drive greater digital efficiency across the retail supply chain in Asia and increase wholesalers’ access to credit.”
