PYMNTS

SEPTEMBER 30, 2020

In today’s top news in digital-first banking, global card issuing platform Marqeta debuted its Tokenization-as-a-Service (TaaS) offering, while the Bank of New York Mellon (BNY Mellon) has named a new executive for global market infrastructure. BNY Mellon Names Robin Vince To Lead Global Market Infrastructure.

Banking 52

Banking Marketing Treasury Compliance 52

PYMNTS

OCTOBER 18, 2018

In July, reports in the Financial Times said Switzerland is working to open the nation’s traditional corporate banking market to cryptocurrency companies finding it difficult to get banked, thanks to fears over anti-money laundering (AML) violations and other compliance issues. “Time is pressing,” he said.

Banking 85

Banking Planning Currencies Startups 85

PYMNTS

NOVEMBER 20, 2020

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. The challenges of international financial workflows don't end once a payment is received and currency conversion occurs, either.

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

The Finance Weekly

AUGUST 26, 2023

The subsequent aspect is market liquidity risk, which emerges when a company requires more time to vend assets or securities in a market that is experiencing a downturn or characterized by volatility. AI offers continuous monitoring, streamlined reporting, and predictive analytics for overseeing cash across bank accounts.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

PYMNTS

SEPTEMBER 15, 2020

Having multiple providers ensures merchants can still access funds from their card transactions even if one bank provider stops operating in a certain industry or currency, for example. A Single Digital EU Market. I’m really hopeful that one day I will see a single digital market in the EU,” said Metodieva.

B2B 119

B2B Risk Management Compliance Prioritization 119

PYMNTS

APRIL 22, 2020

While the digital age has opened up doors for businesses to expand internationally, it’s a bit misleading to say that it’s easier than ever for small firms to step foot into new geographic markets. Neat aims to ease this friction by offering SMBs an alternative to the traditional bank account.

Currencies 96

Currencies Advertising B2B Finance 96

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other. B2B payments market.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. The tool is aimed at improving speed, security, transparency and compliance. . 10) press release. and Ireland at SWIFT. . earlier this month.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

MARCH 16, 2017

We were surprised to see businesses actively selling into markets because they had a vehicle to receive payments there, and they were actively avoiding other markets because they didn’t know how to get paid there,” Moen said of Flywire’ s conversations with companies revealing their B2B payment pain points. Time For Change.

B2B 43

B2B Marketing Compliance Invoicing 43

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. That solution, the company has said, helps firms save money on currency conversion for subsidiary-focused payouts across more than 30 different currencies.

Accounts Payable 51

Accounts Payable Currencies Compliance B2B 51

Spreadym

SEPTEMBER 12, 2023

Be as realistic as possible and base your estimates on historical data or market research. Account for Savings and Investments: Allocate a portion of your income for savings, investments, or emergency funds. Account for Debt: If you have outstanding debts, include debt payments in your budget. 3 to 5 years).

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

PYMNTS

NOVEMBER 10, 2020

“Most things take 10 to 15 years to drive through the ecosystem,” McCarthy told Webster — especially when a range of stakeholders are involved, spanning two-sided markets, consumers, merchants and governments. Blockchain remains a key driver of cryptos’ future, both as unit of currency and store of value. Back in May, i2c Inc.

Currencies 129

Currencies Leverage Securities Banking 129

PYMNTS

NOVEMBER 10, 2020

Immigrants must quickly establish local bank accounts in their host countries so they can easily receive payroll, and many also seek seamless, cost-effective ways to send money back home. These customers may struggle to find convenient services, however. customers to recipients in Asia and Europe. Consumers who move to the U.S.

Banking 86

Banking Compliance Currencies Financial Systems 86

Spreadym

APRIL 27, 2023

Risk management: These tools help users identify and manage financial risks, such as market fluctuations, interest rate changes, and currency exchange rates. Choosing a financial analysis and planning software, users should ensure that the software is secure and meets any compliance requirements for industry or location company works.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

PYMNTS

JANUARY 27, 2020

Market forces (and, some would say, unabashed corporate greed) repurposed legions of former full-timers into a virtual army of self-employed free agents. Companies that outsource large amounts of work in a freelance model are learning that legacy accounting software isn’t set up for that. In It for the Money .

Accounts Payable 88

Accounts Payable Invoicing Compliance Currencies 88

PYMNTS

APRIL 26, 2019

The company also said digital accounts can be used to activate and tokenize other digital accounts across various mobile pay wallets. Amazon itself does not handle the bitcoin, and it was not clear which financial institutions are converting it from crypto to fiat (real currency) so merchants can receive actual money.

B2B 70

B2B Compliance B2C Currencies 70

PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. When every invoice is fully accounted for within a firm, he explained, financial professionals gain insight into the real sources of revenue — as measured against costs.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

APRIL 3, 2018

According to Salman Mahmood, CEO of enterprise and entrepreneur marketing software company BleuPage , there are a lot of unknowns when it comes to the future of SMB financial services. We can view debits, credits and import those entries into our accounting system to reconcile with our own books.

Banking 70

Banking Currencies Compliance B2B 70

PYMNTS

AUGUST 24, 2020

Marketplaces must often manage currency conversions and meet other localized payment preferences that vary by market. Tackling The Currency Challenge . Many freelance professionals also find it important to receive funds in their local currencies — 66.7 percent said they wanted to be paid on time. highlighted this need.

Education 60

Education Currencies Economics Entertainment 60

PYMNTS

JULY 27, 2020

small and medium-sized business market, and the chance to lead a newly-licensed bank that can be part of the solution is a great opportunity.” Revolut was launched in 2015 by issuing prepaid debit cards that let customers conduct transactions in multiple currencies without incurring additional fees. It was a difficult decision?…?and

Valuation 56

Valuation Leadership Risk Management Compliance 56

PYMNTS

OCTOBER 9, 2019

But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. As the operator of the Swiss financial market infrastructure, we welcome the initiative of the SNB and the BIS to conduct more research into innovative financial technologies in Switzerland. percent rate.

Compliance 46

Compliance Currencies Banking Marketing 46

CFO Talks

MARCH 28, 2023

CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. and join our community of accounting and finance executives. Is the role of accountants different in the two countries?

Math 52

Math CFO Communication Accounting 52

PYMNTS

JANUARY 30, 2019

Forex companies, in particular, move money as they change it from different currency types. Then the first money laundering directives came out, which started to mandate more and more in the realm of customer due diligence, so the company added a compliance check. The percentage may vary in different markets.).

Foreign Exchange 74

Foreign Exchange Compliance Startups Currencies 74

PYMNTS

NOVEMBER 14, 2019

“But when we talk about global payroll, we’re talking about the same process, but in different languages, with different currencies, and with different salary structures, and possibly even different types of benefits. Compliance is still a major challenge. The Distributed Workforce.

Compliance 50

Compliance Currencies Technology Banking 50

PYMNTS

MAY 14, 2018

In many ways, eCommerce has dissolved borders, creating new expectations for business to be conducted between countries with different currencies, languages and regulations. A lot of innovation has focused on accounts receivable for businesses on marketplace platforms with a global reach. Forex – Currency Exchange.

Accounts Payable 40

Accounts Payable Currencies Compliance Accounting 40

PYMNTS

JUNE 13, 2019

As reported, the launch covers 30 markets globally. The transactions between businesses are done on an account-to-account basis, as opposed to using the existing correspondent banking network — which, of course, relies on intermediaries. Mastercard, Too. Separately, and beyond the U.S.,

B2B 75

B2B Compliance Currencies Leverage 75

Future CFO

DECEMBER 11, 2023

In the US, the US Federal Reserve is set to introduce to the local market FedNow – an instant payment solution that will enable customers of participating banks and credit unions to instantly send and receive money transfers outside of traditional banking hours. Real-time payments also mean account balances stay up-to-date.

Banking 98

Banking Finance CFO Leverage 98

CFO Simplified

OCTOBER 10, 2023

Cash moves nearly instantaneously from one account to another. How the bank can handle and manage the money that moves through your accounts. Know the Market – As your business has grown over the years, its needs have changed. Determine your needs and find a bank that serves that market. I don’t think so.

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

PYMNTS

NOVEMBER 23, 2020

Figure Pay, he said, with the ability to scan QR codes at checkout, is predicated on the concept of using a blockchain payment rail in lieu of interchange as the network is built out — and across a swath of merchants as large as Walmart and small as localized farmers’ markets (in a type of “barbell” approach) upon initial launch early next year.

Banking 86

Banking Leverage Compliance Technology 86

PYMNTS

NOVEMBER 19, 2020

That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time, account-to-account transfers for businesses. Plus, blockchain makes new inroads in the B2B arena. Canada Taps Vocalink for Real-Time Rail.

B2B 104

B2B Reconciliations Risk Management Compliance 104

Bramasol

APRIL 15, 2024

In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation. to drive financial models.

SAP 88

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 88

PYMNTS

FEBRUARY 18, 2019

However, participation from the traditional financial services sector isn’t necessarily a requirement when it comes to crypto adoption, even in the B2B payments market, according to BitRail Co-founder and Vice Chairman Cameron Chell. “Adoption is like water,” he said. ” Confusion, Doubt Remain.

B2B 70

B2B Compliance Accounts Payable Securities 70

PYMNTS

FEBRUARY 2, 2021

And even before the coronavirus sent us all indoors and online, the advent of mobile handsets — ever cheaper and more affordable for large swaths of the population — and mobile networks becoming widely available in emerging markets represented such an event. To them, transferring $10 from one account to another appears fairly simple.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

DECEMBER 19, 2019

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by double-digit percentages. But to tap into that potential, eCommerce firms, global though they may be, must address new markets with a local mindset.

eCommerce 52

eCommerce Currencies Compliance Sales 52

PYMNTS

OCTOBER 1, 2019

Accounts receivable automation firm Invoiced is adding new features to its solution, including support for recurring payments and enhanced cash flow forecasting for CFOs. In an announcement issued today (Oct.1),

Invoicing 43

Invoicing Cash Flow Forecasting Forecasting Compliance 43

PYMNTS

MARCH 2, 2016

Ripple provides the infrastructure for blockchain-fueled cross-border payments in an effort to progress towards what the company calls the Internet of Value — a market in which money moves across borders securely and quickly, just like information moves throughout the Internet. Banks can hold their local currency and keep just one account.

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

OCTOBER 17, 2019

A European Commission spokesperson told one outlet that the watchdog agency was investigating “possible anti-competitive market practices and abusive conduct.”. Authorities Demand Accounting Details From Germany’s Wirecard. The company said good portion of the 2,600 digital currencies available right now don’t do that at all.

Currencies 40

Currencies Compliance Accounting Securities 40