PYMNTS

JANUARY 18, 2021

March 17, 2021, is the last day users can request an account payout, the note stated. dollar will remain strong on the international stage and won’t be surpassed by bitcoin anytime soon, although it could be a veritable reserve currency, CoinDesk reported. How am I supposed to run a lawful business if I can’t get a bank account?”

Currencies 63

Currencies Accounting Banking Numbers 63

PYMNTS

JUNE 16, 2020

Using Remitr’s Global Business Accounts (GBA), small- to medium-sized businesses (SMBs) in Canada can access unique accounts in U.S. dollars, British pounds and euros as well as routing numbers to help with the cumbersome costs and time it takes to do business internationally.

Accounting 64

Accounting Currencies eCommerce Banking 64

PYMNTS

JUNE 9, 2020

The number of Nintendo accounts compromised by hackers was nearly double the amount reported two months ago, according to TechCrunch. On Tuesday (June 9), Nintendo confirmed that another 140,000 accounts were compromised. The Nintendo Network provides games and content via the internet and can contain credit card numbers.

Accounting 59

Accounting Currencies Numbers Securities 59

PYMNTS

OCTOBER 29, 2020

The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters. Currencies move across borders, and so we certainly wouldn’t want to be surprised by some other country,” he said in the report. percent fee tacked on to all purchases.

Currencies 63

Currencies Banking Planning Investments 63

PYMNTS

JUNE 1, 2020

million to settle a class action lawsuit regarding its decision in 2018 to start considering digital currency buys as cash advances, which brought about increased fees, Reuters reported. In other news, Travala.com , the digital currency travel platform, saw a 45.8 Morgan Chase will pay $2.5

Currencies 52

Currencies Banking Numbers Accounting 52

CFO News Room

JANUARY 21, 2023

Inflation numbers have been coming in high now, for more than a year, but for much of the early part of 2021, bankers, investors and politicians seemed to be either in denial or casually dismissive of its potential for damage.

Treasury 130

Treasury Currencies Numbers Investments 130

PYMNTS

JUNE 10, 2019

Certified Professional Accountants (CPAs) in California are calling on an industry watchdog to clarify standards for cryptocurrency accounting, with expectations that corporations will increase their use of cryptocurrencies moving forward. GAAP,” the letter stated.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

PYMNTS

JUNE 18, 2019

Fully private, controlled, centralized, verified and authorized by a small number of permissioned nodes. Instead of intercepting SMS messages to bypass 2FA protection on users’ accounts and transactions, these malicious apps take the OTP from notifications appearing on the compromised device’s display. The certificate is fraudulent.

Currencies 53

Currencies Banking Numbers Technology 53

PYMNTS

SEPTEMBER 25, 2019

Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. But businesses need a partner that can help them manage the complexities that come with processing multi-currency invoices and making payments in local currencies.

Currencies 40

Currencies Accounts Payable Valuation Invoicing 40

PYMNTS

OCTOBER 10, 2019

9), Paysend announced the rollout of Paysend Connect, a business payment account that allows companies to open multi-currency business accounts, issue Mastercard corporate cards and initiate SEPA and SWIFT transfers. In a press release covered by AltFi on Wednesday (Oct.

Accounting 53

Accounting Banking Currencies Investments 53

PYMNTS

FEBRUARY 1, 2019

Earnings, earnings everywhere, and so what do the numbers tell us? We’ve given you a bit of a cheat sheet, or a refresher of sorts, as to what can be viewed as among the most important numbers coming out of the releases, the supplementals, the business units that give insight into where these firms have been and where they might be headed.

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Numbers Advertising Currencies Accounting 46

PYMNTS

DECEMBER 24, 2018

Several times throughout the year we offer Data Drivers, where our interviews with payments professionals help the numbers take shape, take on meaning, illustrate trends and even hint a bit at the future. And, as always, the end the year provides a chance to look back at some of the numbers that told stories. Good vs. Bad.

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Numbers B2B Currencies Accounts Payable 65

The Finance Weekly

NOVEMBER 3, 2021

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. For both internal and external sources, each balance has to match the corresponding account in the general ledger.

Reconciliations 52

Reconciliations General Ledger (GL) Accounting Finance 52

Future CFO

APRIL 10, 2022

Digital money will be the future, said PwC recently when releasing its 2022 PwC Central Bank Digital Currency (CBDC) Global Index. It’s estimated that more than 80% of central banks are considering launching a central bank digital currency,” the company noted in a statement.

Foreign Exchange 98

Foreign Exchange Currencies Banking Retail 98

PYMNTS

JANUARY 25, 2021

Russia’s Ministry of Labor has banned federal and local governmental officials — and their spouses and underage children — from holding digital currencies, CoinDesk reported. The prohibition is part of a larger legal reform that also bans government officials from opening accounts at foreign banks.

Currencies 104

Currencies Banking Economics Numbers 104

PYMNTS

MARCH 31, 2017

Cross-border B2B payments company eNett International is expanding its reach by adding support for more currencies. The company said Thursday (March 30) that it will add the Mexican peso, Russian ruble and Turkish Lira to its currency suite in support of cross-border B2B payments for the travel industry.

Currencies 44

Currencies B2B eCommerce Numbers 44

Creative CFP

OCTOBER 2, 2020

A couple of years into my career as a chartered accountant I started to wonder if I was still enjoying working in the finance industry. I was so consumed with day-to-day accounting tasks that I did not have time to monitor the financial health of businesses I was taking care of, or to provide valuable feedback to business owners.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

PYMNTS

DECEMBER 12, 2018

Bitwala has rolled out digital currency banking services in Germany through a partnership with a regulated FinTech firm that has a banking license, CoinDesk reported. Through the offering, customers can control deposits in both euros and bitcoin (BTC), in the same place, through the “safety and convenience” that a bank account provides.

Accounting 55

Accounting Currencies Compliance Banking 55

PYMNTS

MAY 9, 2019

So it is with accounts payable (AP), as Chen Amit, CEO of Tipalti , told PYMNTS in a recent interview. Accounts payable is the ‘lost child’ hidden in business workflows,” said the executive. “I Of accounts payable in general, he said, “it’s a cumbersome process. It’s an order of magnitude in terms of complexity.”.

Accounts Payable 70

Accounts Payable Accounting Finance Cash Management 70

PYMNTS

OCTOBER 7, 2020

SWIFT’s [Society for Worldwide Interbank Financial Telecommunication] new service offers the possibility of borderless low-cost account-to-account currency transfers from the bank’s own app or portal, and Oracle Banking Payments’ readiness makes this transition easy and fast for SMEs.”. The subsidiary of Oracle Corp.

Currencies 145

Currencies Banking Accounting Securities 145

Planful

SEPTEMBER 14, 2021

5 discussions of finance and accounting techniques. These keynotes, hands-on sessions, stories, chats, and trainings—by and for finance and accounting professionals—served as a fitting kickoff to this two-day online conference. Planful Perform 2021 Day 1 just concluded and the stats speak for themselves: 2 keynotes.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Accounting Planning 40

PYMNTS

SEPTEMBER 24, 2019

San Mateo accounts payable automation startup Tipalti won $76 million in a funding round led by Zeev Ventures. The FinTech accounting firm will use the series D funds to grow the platform and its artificial intelligence (AI) tools that can read, process, pay and track invoices. . full-time accounts payable employees. . “As

Accounts Payable 49

Accounts Payable Startups Accounting Invoicing 49

PYMNTS

MAY 24, 2018

And scammers created bogus Twitter accounts that used the profile photos of two Bloomberg journalists, Olga Kharif and Lily Katz, Bloomberg reported. One account, for example, offered the journalists’ real followers up to 100 Ether tokens in exchange for a “small quantity of cryptocurrency,” Bloomberg reported.

Currencies 40

Currencies Banking Accounting Numbers 40

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

Foreign Exchange 84

Foreign Exchange Currencies Securities Numbers 84

PYMNTS

AUGUST 30, 2020

Users could search “digital currency” and find the app — and furthermore, they could activate it by entering the mobile phone number associated with their CCB account. But the brief trial run, however accidental, showed proof that the CCB has been working toward the much-publicized digital currency at the state level.

Banking 95

Banking Construction Currencies Retail 95

PYMNTS

MAY 3, 2017

Delving a bit into the numbers, cross-border volume growth in transactions was up 13 percent year over year, and dollar volume growth stood at 8 percent. and LaCaixa in Spain, among other conduits, the tally was 85 million enabled accounts at quarter end. for the year. billion tallied.

Accounting 75

Accounting Currencies Securities Numbers 75

PYMNTS

AUGUST 19, 2016

Russia’s love-hate relationship with digital currency continues. Now, Russia has overcome its fears and has opened the first digital currency exchange. The new exchange will provide 24/7 currency exchange services and, according to News BTC , the Russian exchange is an actual office. In the first half of 2016, 7.8

Currencies 44

Currencies eCommerce Technology Startups 44

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

JULY 15, 2020

An alternative to this payment strategy is to open up a bank account in each market in which a business operates. “But for a company that’s just starting to sell internationally, the ease of opening up a foreign bank account is non-existent.” The Competitive Differentiator.

Foreign Exchange 67

Foreign Exchange Currencies Accounting Banking 67

CFO News Room

JANUARY 24, 2023

After all, we get our restaurant choices from Yelp reviews, our movie recommendations from Rotten Tomatoes, and we have even built crypto currencies around the notion of crowd-checking transactions. Don’t get me wrong! I was a believer in big data and crowd wisdom, well before those terms were even invented.

Marketing 130

Marketing Valuation Corporate Finance Currencies 130

PYMNTS

AUGUST 5, 2020

To that end, as Coinstar CEO Jim Gaherity told PYMNTS, the stage is becoming increasingly set for currency — the literal cold, hard stuff of bills and coins — to be rendered in bits and bytes. If consumers have accounts with a particular bank, they can pour coins into the kiosk and conduct a direct-to-account bank deposit.

Currencies 135

Currencies Advertising Numbers Accounting 135

The Finance Weekly

NOVEMBER 8, 2022

As the number and quality of software tools increases, companies are constantly looking to find better ways to cut down on manual work and increase efficiency. Finance is responsible for a large number of critical operations in a business. Finance is responsible for a large number of critical operations in a business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

Foreign Exchange 59

Foreign Exchange Currencies Securities Numbers 59

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). Basically, they were using the accounts twice a month.

Banking 145

Banking Planning Accounting Currencies 145

PYMNTS

JANUARY 24, 2021

But that number dropped to 0.34 The card will be linked to bitcoin and fiat accounts, and will be one of Mastercard's premium accounts, able to be used anywhere globally, CEO Chris Slaughter said, according to the report. Cryptocurrency-related crime fell in 2020, according to a blog post from Chainalysis. billion in transfers.

Marketing 93

Marketing Currencies Economics Accounting 93

PYMNTS

JANUARY 26, 2021

At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow. As cryptos go more mainstream, he said, and any number of use cases proliferate, “the killer app, so to speak, can hold crypto, or it can be spent in real time.”.

Currencies 102

Currencies Healthcare Numbers Retail 102

Musings on Markets

JANUARY 27, 2022

Inflation numbers have been coming in high now, for more than a year, but for much of the early part of 2021, bankers, investors and politicians seemed to be either in denial or casually dismissive of its potential for damage.

Treasury 84

Treasury Currencies Investments Numbers 84