Strategic Treasurer

OCTOBER 14, 2022

Building a 360-Degree Treasury: Payments and Bank Information. Description : Every treasury group needs to know where its cash is, wherever in the world that may be. That includes all locations, not just primary banks. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Treasury 52

Treasury Banking Forecasting Cash Management 52

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. However, Modern Treasury says it digitizes every phase of the workflow while its software supplants legacy infrastructure. 12) announcement. The company says that over $18.5

Treasury 73

Treasury B2B Reconciliations Finance 73

PYMNTS

JULY 16, 2020

Treasury’s Financial Crimes Enforcement Network (FinCEN) is warning financial institutions of a “high-profile” new scam exploiting Twitter accounts to try and scam convertible virtual currency (CVC) out of individuals, according to a Thursday (July 16) press release.

Treasury 80

Treasury Banking Communication Currencies 80

PYMNTS

JANUARY 5, 2021

Department of the Treasury has electronically sent out two-thirds of the second round of individual stimulus checks, or over $112 billion in payments, according to a report from The Wall Street Journal (WSJ). After receiving the first-round checks, many consumers tended to pay debt or pad savings accounts. 5), according to WSJ.

Accounting 94

Accounting Banking Treasury Economics 94

PYMNTS

APRIL 3, 2019

Large corporates across Asia are driving digital transformation of banking and treasury management in the region, according to new analysis from Greenwich Associates. The portion of treasury officials prioritizing digitization has nearly doubled since the fourth quarter of 2018 to 22 percent, the report revealed.

Treasury 49

Treasury Banking Foreign Exchange Corporate Finance 49

FISPAN

SEPTEMBER 28, 2022

Finance professionals bring the bank to their Microsoft Dynamics 365 Business Central environment with FISPAN's bank-branded embedded app.

Treasury 52

Treasury Reconciliations Finance Banking 52

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. “And from there, you have to go to your ERP system, your accounts receivable and accounts payable data, and normalize that data.”

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. Collaborating with FinTechs is a valuable strategy for banks, noted Sigovitch. ” Offering the Right Tools.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

PYMNTS

DECEMBER 30, 2020

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. Embedding banking into ERP systems has been a hot topic as of late — although the buzz surrounding it has been years in the making.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

APRIL 17, 2020

Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn. While Treasury has refused to follow congressional intent, that does not give banks license to steal the stimulus payments from their customers.”.

Accounting 57

Accounting Banking Treasury Communication 57

PYMNTS

JANUARY 28, 2021

Yet for finance leaders of the enterprise, adoption of digital assets poses plenty of risks and challenges, not least of all the inability for their current treasury infrastructures to manage crypto in an integrated and compliant way. But it may not be smooth sailing ahead. We’re not just talking about the digitization of fiat,” he said. “As

Treasury 84

Treasury Foreign Exchange Accounts Payable Prioritization 84

FISPAN

JUNE 23, 2023

Bank feeds are a game-changer in financial workflows, offering seamless integration between accounting software and bank accounts.

Banking 98

Banking Accounting Treasury CFO 98

Strategic Treasurer

FEBRUARY 9, 2022

2022 Treasury Fraud & Controls Survey Results. Description : The 2022 Treasury Fraud and Controls Survey recently closed, with respondents providing valuable data on multiple elements impacting fraud and security. Bank account management & compliance practices. March 22 | 11:00 AM EDT. Register Now. Sponsored By.

Treasury 52

Treasury Securities Education Risk Management 52

PYMNTS

MARCH 4, 2020

Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. Other banking integrations seek to revamp B2B payments. Read the full story in the Tracker.

Treasury 96

Treasury B2B Cash Management Leverage 96

PYMNTS

AUGUST 31, 2020

In addition to steering their organizations through the murky and rocky waters of an economic downturn, treasury departments are securing a place at the decision-makers' table to offer higher-level guidance. The process to get all of your company's bank and relevant financial data is manual and time-consuming.".

Treasury 74

Treasury Mergers and Acquisitions (M&A) Prioritization Investments 74

PYMNTS

SEPTEMBER 26, 2018

The latest corporate banking offering by Citi aims to virtualize treasurer accounts for more personalized, streamlined services. The bank said in an announcement Tuesday (Sept. 25) that it is rolling out Citi Virtual Accounts for institutional clients. Citi said it plans to expand the offering into the U.S.

Accounting 75

Accounting Reconciliations Treasury Currencies 75

Bank of the West

OCTOBER 18, 2021

6 Factors Changing the Future of Treasury Management. No wonder 83% of treasury professionals say the value assigned to treasury grew during COVID-19. Here are 6 forces reshaping treasury management: Customer and Partner Awareness. 103% : Growth in transaction deposits in banks in 2020 vs 6% in 2019. ” -H.

Treasury 52

Treasury Forecasting Communication Leadership 52

PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Poland's mBank Taps Treasury Pricing FinTech. But it may not always be smooth sailing ahead.

Banking 88

Banking Treasury Foreign Exchange Risk Analysis 88

PYMNTS

OCTOBER 14, 2020

One financial institution (FI) that is moving quickly to add digital supports for its clients is PNC Bank. The financial entity has rolled out a push-to-debit feature for its treasury customers with the assistance of a third-party technology partner, according to recent announcements. Around the Disbursements World.

Treasury 103

Treasury Banking B2B Invoicing 103

PYMNTS

OCTOBER 29, 2020

Radius Bank has advanced in its relationship with application programming interface (API) firm Treasury Prime with the rollout of its Commercial API Banking Platform and sandbox testing technology, according to a Thursday (Oct. In May, Treasury Prime landed $9 million in a Series A funding round. 29) announcement. “We

Banking 72

Banking B2B Treasury Cash Management 72

PYMNTS

NOVEMBER 25, 2019

German bank N26 is partnering with financial software firm Eurobase International for its treasury management operations, BobsGuide reported on Monday (Nov. Headquartered in Berlin, N26 will use the Eurobase Siena platform to support its treasury management operations throughout most of the Eurozone, U.K., N26 serves over 3.5

Treasury 56

Treasury Banking Sales Investments 56

PYMNTS

JUNE 13, 2018

now have a new option when opening a bank account. Digital bank Radius Bank is collaborating with Treasury Prime to develop the Tailored Checking Account geared toward entrepreneurs in need of accelerated services, the businesses announced in a press release Tuesday (June 12). ” .

Treasury 40

Treasury Banking Accounting Technology 40

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

SEPTEMBER 29, 2017

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help.

Treasury 56

Treasury Banking Compliance Risk Management 56

Bramasol

OCTOBER 22, 2021

Join experts from SAP and Bramaso l as we highlight how the Digital Solutions Economy has impacted Cash Management, Banking and Accounts Receivable in profound ways. Watch "Power Your Transition to DSE with SAP Cash and Treasury Management". Watch now!

SAP 55

SAP Treasury Cash Management Banking 55

PYMNTS

SEPTEMBER 27, 2020

HighRadius , a FinTech working in automation for order-to-cash and treasury management, has announced an expanded strategic relationship with Commerce Bank , according to a press release. The agreement made all of HighRadius' products available for Commerce Bank clients.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

DECEMBER 10, 2019

The provider’s new Money Transfer API supports fund transfers directly into overseas bank accounts, while another API supports money settlement in local currencies to spare recipients from the frictions of handling conversions. Banks are also turning to APIs to support their regulatory work. Find the full story in the Tracker.

Treasury 52

Treasury Accounts Payable B2B Banking 52

PYMNTS

MAY 1, 2019

’s Bank Referral Scheme, part of the government’s array of initiatives to expand access to capital for small businesses, has been marred by controversy and criticism since it first came into effect in late 2016. accountancy group specializing in providing advisory services to small and medium-sized businesses (SMBs).

Accounting 59

Accounting Banking Corporate Finance Treasury 59

PYMNTS

AUGUST 27, 2019

26) that its corporate treasury APIs and its CitiConnect API platform have processed more than $26 billion for corporate clients. The bank also noted that the number of API calls grew by 750 percent between November 2018 and August 2019. Citi announced on Monday (Aug. ”

Treasury 63

Treasury Foreign Exchange Banking Numbers 63

PYMNTS

JANUARY 21, 2021

In today’s top news, President Biden is expected to pick Michael Barr to head the OCC, and Janet Yellen, Biden’s pick for Treasury Secretary, is expected to take a hard stance toward crypto. Biden’s Treasury Pick Yellen Leary Of Crypto. challenger bank. Q4 Earnings Reports Show Mobile Banking’s Surge.

Treasury 72

Treasury Currencies Healthcare Banking 72

CFO Simplified

AUGUST 22, 2022

Business owners should also evaluate their banking relationship, as this can have a profound impact on their ability to execute that strategic plan. Banks play an important role by providing working capital, equipment financing, and real estate acquisition financing, which helps continue driving economic growth. Business Climate.

Banking 98

Banking Strategic Planning CFO Treasury 98

Strategic Treasurer

OCTOBER 31, 2022

Bank of America: CashPro. The 2022 Global Payments survey report offers a comprehensive evaluation of treasury-related payments functions regarding bank connectivity (including financial messaging formats and channels), cross-border and FX activity, security and fraud prevention, and the use of new payment technologies.

Banking 52

Banking Treasury B2B Planning 52

PYMNTS

JUNE 5, 2018

After launching its CitiConnect application programming interfaces (APIs) last year, Citi ‘s Treasury and Trade Solutions (TTS) continues to expand the platform. Since its rollout, Citi has processed more than 18 million API calls for account balance inquiries, payment initiation and payment status, the company said in an announcement.

Treasury 61

Treasury Accounting Finance Banking 61

PYMNTS

SEPTEMBER 19, 2018

The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions.

Treasury 77

Treasury B2B Invoicing Banking 77

PYMNTS

NOVEMBER 5, 2020

Small business Banking-as-a-Service rises to the top in this week's roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality.

Banking 103

Banking Treasury Securities Startups 103

CFO Simplified

OCTOBER 10, 2023

And certainly, the banking environment has changed dramatically. Cash moves nearly instantaneously from one account to another. The personal banker at large banks is a figment of our imagination, and community banks have picked up the mantle of personalized service. Changing banks is a real pain. I don’t think so.

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

PYMNTS

AUGUST 30, 2019

Less than three years after the November 2016 launch of application programming interfaces (APIs) through CitiConnect , Citi said this month that its corporate treasury APIs and platforms have processed more than $26 billion for enterprise clients.

Treasury 40

Treasury Banking B2C Foreign Exchange 40