Remove Budgeting Remove Compliance Remove Foreign Exchange Remove Securities
article thumbnail

FinTech Startup Revolut Raises $80M In New Funding, Now Valued At $5.5B

PYMNTS

has secured $80 million in new funding at a $5.5 Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. Revolut is an app-based consumer bank account that allows customers to send and receive money and use built-in budgeting tools.

Startups 102
article thumbnail

Five Key Trends to Watch in 2023

Bramasol

Also, because the severity of inflation varies from region to region, global companies need to navigate the impacts of foreign exchange (FX) fluctuations on their cash flows and bottom line. Supply Chain Security and Agility. On the other hand, rising costs and wages pose major challenges. In 2023, executives plan to direct $4.6

SAP 72
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Satisfaction With Anti-Fraud Systems Linked To Platform Strategy

PYMNTS

It’s the users who often become the victims in stringent security measures when fraud detection is too broad. This is why fraud-related costs consume large portions of digital platforms’ budgets—to the tune of 2.2 percent) and compliance and monitoring (66.7 percent) but far more than for areas like foreign exchange (9.6

article thumbnail

Expense Management Digs Deeper Into Corporate Ground Transit

PYMNTS

The latest stats from travel and expense company Certify revealed that Uber secured 56 percent of ground transportation expenses for Certify customers in 2017, up from 52 percent in 2016. Businesses need options when it comes to ground travel, Mac recently told PYMNTS. Yes, that sometimes means a quick ride on the fly.

article thumbnail

What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. According to J.P.

article thumbnail

Surviving the pandemic aftermath: an FP&A perspective

Future CFO

Paper-based processes became obsolete and secure access to standalone applications posed technical challenges. David Bloom, head of global foreign exchange strategy at HSBC, sees some “ false dawns ” where the economy looks like it is recovering but then falls back to negative territory. But recovery will not be easy.