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. Businesses crave real-time information about their accounts payable and accounts receivable.

Treasury 52

Treasury Accounts Payable B2B Banking 52

PYMNTS

MARCH 6, 2020

We have deep dives into treasury application programming interfaces (APIs) and buy now, pay later (BNPL), as well as a report on Robinhood ’s trading app outage that occurred earlier this week. The outage occurred as the stock market as a whole was trying to bounce back from the biggest loss of value in stocks as of the financial crisis.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

PYMNTS

SEPTEMBER 26, 2018

Reports in CNBC said Davidson described the existing legislative framework in the cryptocurrency market as “sloppy,” and invited industry stakeholders to participate in the roundtable in an effort to “preempt a heavy-handed regulatory approach that could stall innovation and kill the U.S. ICO market.”

Treasury 65

Treasury Startups Auditing Corporate Finance 65

Musings on Markets

JANUARY 27, 2022

By the end of 2021, it was clear that this bout of inflation was not as transient a phenomenon as some had made it out to be, and the big question leading in 2022, for investors and markets, is how inflation will play out during the year, and beyond, and the consequences for stocks, bonds and currencies.

Treasury 84

Treasury Currencies Investments Numbers 84

PYMNTS

JUNE 27, 2018

Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk. Corporates should be proactively looking at currency risk,” added Frey. Even if a business only deals in USD, fluctuations of other currencies create risk.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

PYMNTS

SEPTEMBER 8, 2020

JPMorgan ’s Head of Global Liquidity Product Solutions Specialists, Lori Schwartz , told PYMNTS in a recent Masterclass that the very nature of liquidity management is changing — and leading treasury management professionals to pivot to digitization and move from physical to virtual accounts. The Advantages Of Centralized Access .

Treasury 107

Treasury Currencies Cash Management Accounting 107

PYMNTS

JANUARY 14, 2021

Plus, new concerns mount in Sweden over the rise of Central Bank Digital Currencies and their implications for the traditional banking system. Modern Treasury Raises Funding To Accelerate B2B Payments. RTP already accounts for more than 6 percent of Modern Treasury volume.”. Wells River Savings Bank Joins The RTP Network.

Accounts Payable 62

Accounts Payable Treasury Currencies B2B 62

PYMNTS

MAY 2, 2016

Treasury has added five nations to its list of trading partners with foreign exchange policies that need to be monitored, according to reports on Saturday (April 30). China, Germany, Japan, Korea and Taiwan are each on the list due to their currency practices, according to reports.

Treasury 40

Treasury Foreign Exchange Currencies Marketing 40

CFO News Room

FEBRUARY 6, 2022

The majority of the national debt is issued in the form of government bonds, known as Treasuries. Some worry that excessive government debt levels can impact economic stability with ramifications for the strength of the currency in trade, economic growth, and unemployment. seen debt levels trend down in a material manner. 30 trillion.

Treasury 130

Treasury Budgeting Economics Transportation 130

PYMNTS

SEPTEMBER 15, 2020

Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements. Researchers found that 70 percent of demand deposit accounts are managed by FIs with access to the RTP network. First Horizon Mixes Rails for Faster Treasury Payments.

Currencies 105

Currencies Accounts Payable Treasury B2B 105

Simply Treasury

JUNE 3, 2021

Delay in FX hedging, accounting treatment. The accounting treatment of currency hedging (timing) mismatches remains a major problem that has become more acute in the wake of the health crisis. When payments were in foreign currencies, this may have affected their results because of currency hedging.

IFRS 130

IFRS Foreign Exchange Currencies Profit and Loss 130

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

JANUARY 30, 2017

Used to be that managing a company’s liquidity and cash position was a matter of reconciling disparate bank accounts at the end of the day. The role has evolved, along with the complexities of global supply chains and doing business across multiple currencies.

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

CFO News Room

JANUARY 17, 2023

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. The Market Reaction. Bond Markets and Default Risk. Equity Markets and Equity Risk Premiums. The Lead In.

Economics 130

Economics Valuation Treasury Forecasting 130

PYMNTS

AUGUST 3, 2020

He will be responsible for managing more than 50 percent of Citi’s deposits across all regions and geographies, covering one of the most extensive, multi-currency, market leading liquidity product capabilities. Most recently, he was the head of regional treasury. Randall is an accountant with a B.A.

Treasury 52

Treasury Leadership Currencies Economics 52

PYMNTS

APRIL 26, 2017

Jean-Luc Robert, chairman and CEO at Kyriba , talks about his approach to innovation and what is critically important about payments in today’s market. We strive to deploy innovations in Kyriba solutions so that our clients will maintain a market advantage when crisis strikes.

Risk Management 40

Risk Management Treasury Auditing Securities 40

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. Commercial clients using SWIFT gpi for corporates can also get alerts about inbound and outbound payment status directly to their treasury management system.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. It stands to reason that firms that have been around for decades, with far-flung operations and payments done across multiple currencies, have a range of legacy systems in place with less-than-efficient processes entrenched in back-office functions.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

JULY 24, 2019

s Conservative Party leadership contest is only the latest geopolitical event sparking concerns among analysts over foreign exchange (FX) markets — and corporates’ ability to react to those changes. With Johnson named as new Prime Minister, analysts are again shifting their focus on the execution of Brexit and how FX markets will be impacted.

Foreign Exchange 57

Foreign Exchange Currencies Treasury Benchmarking 57

Simply Treasury

AUGUST 2, 2022

The idea is not new to encourage companies to increase their capitalization and reduce their bank debt (partly through more recourse to the capital market - CMU project). It would be calculated by the difference between the amount of "net" equity at the closing of the accounts and at the opening of the accounts.

Finance 130

Finance Leverage Banking Treasury 130

PYMNTS

JANUARY 23, 2020

“The challenge for the treasury manager is to be able to understand, right now, where all their cash sits across the various markets and time zones around the world,” he said. Understanding where cash lies today is essential to knowing where it needs to go tomorrow, and in what currency. Real-Time Predictability.

Banking 96

Banking Treasury Currencies Accounting 96

PYMNTS

SEPTEMBER 17, 2020

Two individuals from Russia who were recently sanctioned by the Treasury Department purportedly put into place copycat websites for cryptocurrency exchanges that that tricked people into providing login information, CoinDesk reported. Most of the funds reportedly arrived in one of the individual’s accounts.

Securities 71

Securities Treasury Currencies Accounting 71

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

JULY 31, 2020

On Friday (July 31), the Office of the Comptroller of the Currency (OCC) announced Varo Bank has been granted its full-service national bank charter. Department of the Treasury that charters and regulates financial institutions. As part of the agreement, Varo will purchase the accounts of its 2 million customers from Bancorp Inc.,

Treasury 69

Treasury Startups Banking Currencies 69

PYMNTS

NOVEMBER 3, 2020

The $20 trillion in corporate payments done through paper checks represents a staggeringly large greenfield opportunity – and there is any number of ways to modernize B2B interactions (and corporate treasury activities in lockstep). That’s where the market’s going. The Big Themes – And The Challenges .

B2B 82

B2B Treasury Accounts Payable Communication 82

PYMNTS

NOVEMBER 20, 2018

in an effort to win contracts to engage in currency exchange operations for the government. Based on the indictment, the Justice Department contends that between 2008 and 2017 Gorrin was behind more than $150 million in bribes to officials in Venezuela’s treasury to gain the right to take part in currency deals.

Currencies 64

Currencies Treasury Accounting Banking 64

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

DECEMBER 16, 2019

The growing digitization of our personal, professional and business experiences calls for ubiquitous and frictionless means of payment,” said Citi Treasury and Trade Solutions Global Head of Payments and Receivables Manish Kohli. PayPal is available in more than 200 markets and has 300 million accounts in 25 currencies around the world. .

Treasury 53

Treasury Currencies Accounting Banking 53

PYMNTS

DECEMBER 8, 2017

Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. Our platform provides the same level of treasury services you’d expect from your bank, but with a FinTech-level focus on the user experience.

Foreign Exchange 78

Foreign Exchange Treasury B2B Compliance 78

PYMNTS

DECEMBER 9, 2019

Among those ideas is this one: “Will fiat currencies survive the policy dilemma that authorities will experience as they try to balance higher yields with record levels of debt? has seen no need (in the words of Treasury Secretary Steve Mnuchin) to issue digital dollars — it would seem that a universal embrace is a ways off.

Banking 52

Banking Currencies Treasury Accounting 52

PYMNTS

DECEMBER 9, 2019

Among those ideas is this one: “Will fiat currencies survive the policy dilemma that authorities will experience as they try to balance higher yields with record levels of debt? has seen no need (in the words of Treasury Secretary Steve Mnuchin) to issue digital dollars — it would seem that a universal embrace is a ways off.

Banking 52

Banking Currencies Treasury Accounting 52

PYMNTS

DECEMBER 16, 2019

The growing digitization of our personal, professional and business experiences calls for ubiquitous and frictionless means of payment,” said Citi Treasury and Trade Solutions Global Head of Payments and Receivables Manish Kohli. PayPal is available in more than 200 markets and has 300 million accounts in 25 currencies around the world. .

Treasury 52

Treasury Currencies Accounting Banking 52

PYMNTS

OCTOBER 8, 2019

Citi is leveraging a newly formed strategic partnership with Cachematrix to create an online investment gateway for money market funds (MMF), Citi announced in a press release on Tuesday (Oct. The alliance intends to pilot development in the handling of money market funds to automate and simplify investment decisions.

Investments 40

Investments Foreign Exchange Treasury Cash Management 40

CFO Simplified

OCTOBER 10, 2023

Cash moves nearly instantaneously from one account to another. Think in terms of Treasury Management. 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. You might need to operate in foreign currency.

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

Musings on Markets

MARCH 19, 2022

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. The increase in default spreads was not restricted to foreign markets, as fear also pushed up spreads in the corporate bond market.

Economics 100

Economics Valuation Treasury Forecasting 100

PYMNTS

APRIL 13, 2018

According to a tweet from the creator of Litecoin, Charlie Lee, the foundation is working with TenX to bring the card to market. In Venezuela, the country’s digital currency will become legal tender for transactions in which government institutions are involved per a government proclamation, Bloomberg reported. As of 10:00 p.m.,

Currencies 46

Currencies Treasury Securities Accounting 46

PYMNTS

DECEMBER 4, 2020

Stripe will now offer its users — including new customer Shopify — a range of financial services in a new venture called Stripe Treasury. The offering works with Citigroup, Goldman Sachs, Barclays and other financial institutions, and includes offering debit cards and bank accounts. Top Trackers And Reports.

Currencies 60

Currencies eCommerce Treasury Retail 60