PYMNTS

MAY 29, 2020

And in 2018, just after bitcoin’s price seemingly peaked at the end of 2017 at just under $20,000, the famed investment firm said bitcoin could indeed be used as a form of currency. That is in part due to the fact that the cryptos do not generate cash flow or earnings, and are not instruments of investment diversification. “We

Currencies 74

Currencies Investments Cash Management Economics 74

PYMNTS

JULY 21, 2020

With barriers to globalization coming down and new opportunities for growth discovered, corporate treasurers and CFOs are stepping into unfamiliar territory with their cash management operations. ” Challenge Turned Opportunity. “It’s not about incentives, it’s about necessity. ”

Treasury 64

Treasury Cash Management Data Analysis Compliance 64

PYMNTS

MAY 30, 2018

Ant Financial continues its bank partnership streak, signing a strategic cooperation agreement today (May 30) with Shanghai Pudong Development Bank (SPD Bank). That is Ant’s third bank partnership this month, following deals with Huaxia Bank and China Everbright Bank (CEB) earlier in May. Ant’s Plans.

Banking 40

Banking Risk Management Startups Cash Management 40

PYMNTS

NOVEMBER 16, 2018

France’s iBanFirst secured $17 million for its corporate cross-border payments solution, sources reported this week, with Serena Capital and Breega Capital leading the way. The company makes FX rates and fees clear, and said its service is cheaper than making cross-border payments through bank providers.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

SEPTEMBER 24, 2019

This week, SWIFT picks the latter, while JPMorgan Chase grows its initiative using blockchain to make cross-border transactions, and Form3 announces a new international payment services that connects banks with global small business payments capabilities via application programming interface (API). Deutsche Joins JPMC’s Blockchain Initiative.

Foreign Exchange 73

Foreign Exchange Banking Cash Management Currencies 73

PYMNTS

JANUARY 15, 2021

Once considered the leaders of number-crunching and cash management, treasurers today have become enterprise leaders. Decoding QR Codes: Retailers Embrace Simple, Secure Touchless Payments Option. Debate Looms Over Crypto Privacy, Security And Regulation. Morgan Looks Toward Payments Modernization.

Currencies 58

Currencies Cash Management Retail Securities 58

PYMNTS

MAY 12, 2020

banking giant JPMorgan Chase is providing banking services to Coinbase and Gemini, two U.S.-based The bank is providing cash-management services for the exchanges’ U.S. JPMorgan, of course, also said last year that it would look to issue its own digital currency, the JPM Coin. based crypto exchanges.

Cash Management 60

Cash Management Currencies Securities Banking 60

PYMNTS

SEPTEMBER 25, 2018

As it turns out, there may be a disconnect between what treasury professionals need in their day-to-day endeavor of cash management and what their service providers think they need. Visibility into “cash in and cash out” of corporate coffers takes on a new urgency when funds flow across borders, time zones and currencies.

Treasury 55

Treasury Cash Management Securities Prioritization 55

PYMNTS

MARCH 14, 2019

” Corporate cash managers may not be able to control many of those challenges, like ongoing geopolitical instability resulting in trade tensions and financial market volatility, or the rising threat of cyberattacks. . “We live in times of great uncertainty and great change,” said Kohli. More Progress, New Challenges.

Cash Management 77

Cash Management Currencies Corporate Finance Treasury 77

PYMNTS

APRIL 14, 2020

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool. Age And Complexity.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

JANUARY 27, 2020

According to the patent documentation, the tech will make it possible for a consumer to make a payment in any currency while allowing the receiver of the payment to choose what currency they would like to get it in. The network will automatically change the payment over to the desired final currency.

Currencies 52

Currencies Valuation Cash Management Securities 52

PYMNTS

JANUARY 2, 2020

Retail currency dealer Travelex was offline on Thursday (Jan. The new platform features an API-led platform to offer customers cash management, cross-border payments and retail currency conversion. 2) after being infiltrated by a software virus, the Financial Times (FT) reported.

Currencies 52

Currencies Cash Management B2B Retail 52

PYMNTS

MAY 16, 2018

This week’s Blockchain Tracker traces the latest news from LG, Bank of Canada, Deloitte and Mitsubishi, which all have their own news of progress on distributed ledger initiatives across payments, supply chain management and more. Reports said LG is also preparing a digital currency business developed in collaboration with banks.

Currencies 40

Currencies Corporate Finance Startups Finance 40

PYMNTS

MARCH 2, 2016

Among one of the loudest of these blockchain champions is Ripple, a FinTech firm that has recently secured millions of dollars in investments and strategic partnerships aimed at promoting blockchain technology’s use for traditionally friction-rich areas, like cross-border payments and real-time payments. ” A Bit Of Background.

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

SEPTEMBER 19, 2019

Not all that long ago, treasurers would take stock of cash positions at the start of the day … to the best that they could, since some banks might not report positions daily. Liquidity and cash investment plans would be made by 10 a.m. Cash management becomes a continuous process, throughout the business day.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

PYMNTS

JUNE 21, 2018

In the “ 2018 B2B Payments & WCM Strategies ” report, Strategic Treasurer, Bottomline Technologies and Bank of America surveyed about 275 respondents to assess how corporate payment behavior is – or isn’t – changing. Nearly half of corporates said their security concerns are higher this year than they were in 2017.

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

PYMNTS

MARCH 5, 2018

Technology is moving to enhance payments security, but there is now a smaller window of time for fraud and other risks to be identified before a transaction settles. This reduces risk, as a regulated bank is handling money. In Europe, cards exist, but I would say over 90 percent of invoices are paid by bank transfer,” he said.

B2B 42

B2B Cash Management Treasury Risk Management 42

Future CFO

SEPTEMBER 23, 2019

“Through a combination of gpi and domestic real-time payments networks, we together with gpi banks, will facilitate instant international payments with up-front fee and Foreign Exchange transparency for senders, while also ensuring ubiquitous availability of instant cross-border payments globally,” SWIFT said in a statement.

Foreign Exchange 40

Foreign Exchange Currencies Banking Technology 40

PYMNTS

MARCH 31, 2017

However, Ed Adshead-Grant, GM of payments and cash management at Bottomline Technologies , noted that this isn’t much of a surprise. A number of security and fraud risk elements are still hanging a dark cloud over the progress cryptocurrencies have made in recent years. Combating Bad Bitcoins. Just Say “No” to Ransom Demands.

Communication 42

Communication Cash Management Currencies Technology 42