PYMNTS

SEPTEMBER 28, 2018

To allow ATM operators and acquirers to use Dynamic Currency Conversion (DCC) around the world, Visa is growing its Visa/Plus ATM services and updating its rules. The changes will become effective in mid-April of next year, Vending Times reported.

Currencies 74

Currencies CFO Numbers Accounting 74

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

JULY 10, 2019

The European Central Bank (ECB) opened up about cryptocurrency and said it wouldn’t recognize it as an actual currency, according to reports. The bank also said it didn’t have any plans to put bitcoin into its reserves. The company debuted the card in the U.K. At the time, Zeeshan Feroz, CEO of Coinbase U.K.,

Currencies 61

Currencies Banking Investments Accounting 61

Global Finance

JUNE 4, 2024

The latest such episode started in 2019 with the ongoing debt crisis, followed by a currency collapse and, in 2022, the fall of the scandal-ridden government of Rajapaksa. With the next presidential and parliamentary elections planned for 2024, the approval ratings of the incumbent president and his government are weak.

Economics 105

Economics Restructuring Currencies Manufacturing 105

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. “It

Currencies 63

Currencies Banking Planning Investments 63

PYMNTS

JUNE 15, 2020

Korea’s central bank has rolled out a legal advisory group to look at potential challenges to bring a central bank digital currency (CBDC) to fruition, The Korea Times reported. The panel’s start is a portion of the first stage for the Bank of Korea’s (BOK) plan to create a CBDC.

Currencies 64

Currencies Banking Finance Accounting 64

PYMNTS

JANUARY 6, 2021

If the high-level concept is that merchants will accept and banks will issue, in terms of mechanics, the CoDi platform lets users with savings accounts at participating financial institutions to make wire transfers through their phones by scanning merchants’ QR codes or wielding devices at on-site NFC terminals.

Banking 145

Banking Planning Accounting Currencies 145

PYMNTS

DECEMBER 4, 2019

For China: Digital currency, yes. But there is an important distinction here, one that draws a stark roadmap for how the age of digital currency may shape up in China. Many of them are in China, and taken collectively these exchanges account for 40 percent of bitcoin trading, as measured through the first two quarters of the year.

Currencies 55

Currencies Banking Accounting Planning 55

PYMNTS

DECEMBER 6, 2016

The website, which was presented at this year’s Disrupt London hackathon, also has virtual currency that kids can use to purchase things on their lists. Known as veecee, the virtual currency can be used only after two adults authorize the transaction, giving parents more control over how kids spend the virtual currency.

Currencies 61

Currencies Startups Marketing Accounting 61

PYMNTS

SEPTEMBER 26, 2018

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

Accounting 75

Accounting Reconciliations Treasury Currencies 75

PYMNTS

OCTOBER 18, 2018

” Only a few months later, the Swiss Bankers Association (SBA) also announced plans to ease regulatory red tape on the nation’s crypto and blockchain businesses, to address what it described as an “exodus” of blockchain projects, shifting their home bases from Switzerland to other markets.

Banking 85

Banking Planning Currencies Startups 85

CFO News Room

FEBRUARY 5, 2022

The Union Budget for 2022-23 made a string of other announcements on digital payments, including a plan to offer netbanking to depositors with India Post and another to set up 75 digital banking units across as many districts. Digital currency will also lead to a more efficient and cheaper currency management system.

Budgeting 130

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PYMNTS

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. SPDIs may focus on traditional assets as well.” Brooks said.

Planning 61

Planning Currencies Leverage Banking 61

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

JUNE 17, 2019

Ripple is the company behind the XRP digital currency, The Wall Street Journal reported. As a result, the company had to purchase currencies ahead of time regularly. By changing to the XRP digital currency, however, it forecasts lower operating costs along with the value of working capital it needs. per share.

Investments 84

Investments Foreign Exchange Planning Currencies 84

PYMNTS

JUNE 1, 2018

Estonia has shelved plans to develop its own national cryptocurrency after the idea prompted criticism by banking authorities and Mario Draghi, the Italian economist and president of the European Central Bank. We’re not building a new currency,” the official told Bloomberg. Other options aren’t on the table. In 2012, more than €7.3

Planning 49

Planning Currencies Financial Systems Banking 49

PYMNTS

APRIL 16, 2020

It can process as well as support 1 billion user accounts and 1 billion transactions daily. In other news, Purse, a bitcoin startup, plans to close following a run that lasted for six years, CoinDesk reported. Users could buy gift cards at reduced prices with bitcoin or bitcoin cash.

Planning 73

Planning Currencies Startups Technology 73

Global Finance

MAY 10, 2024

President Javier Milei’s currency moves give markets room for planning, but his ambitious economic restructuring faces roadblocks. CONS Weak fiscal accounts and dependence on International Monetary Fund financing. While the cepo [currency controls] is in place, this won’t change. GDP per capita above the region’s average.

Currencies 88

Currencies Economics Foreign Exchange Investments 88

PYMNTS

MAY 4, 2017

On Tuesday, Dubai FinTech company OneGram announced it would offer a gold-backed digital currency called OneGramCoin with the hopes of raising over $500 million in capital. One of Dubai’s largest banks, Tabarak Investment Bank, reportedly plans to sell €100 million ($108.9 million, OGC 2.24 million) to clients. trillion.

Currencies 41

Currencies Retail Finance Sales 41

PYMNTS

SEPTEMBER 29, 2020

Blanco , director of the Financial Crimes Enforcement Network ( FinCEN ), said banks need to be wary of risks with cryptocurrency, according to remarks planned to be given at the ACAMS AML (anti-money laundering) virtual conference on Tuesday (Sept. Blanco said the organization is looking at mitigating risks with virtual currencies.

Banking 103

Banking Currencies Accounting Planning 103

Generation CFO

JANUARY 4, 2022

They may even give you a new perspective on the direction the finance and accounting profession is heading. Transformational Journeys: Finance and the Agile Organisation was created alongside the Association of Chartered Certified Accountants (ACCA) and Chartered Accountants Australia and New Zealand (Chartered Accountants ANZ).

Finance 215

Finance CFO Accounting Currencies 215

PYMNTS

AUGUST 30, 2019

Elwood Asset Management — owned by British billionaire and Brevan Howard Founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. An event is planned at Lounge K in Gangnam on Sept. has more machines than any other country, accounting for almost 3,500 of the global total of 5,500.

Planning 75

Planning Currencies Startups Banking 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 Regulation.

Currencies 44

Currencies eCommerce Technology Startups 44

PYMNTS

JANUARY 15, 2019

Credit Karma surveyed bitcoin investors to get a sense of how they plan to treat the losses and gains on their taxes. Many investors, he said, don’t know the penalties that could come from not reporting tax gains or losses on bitcoin or other digital currency. investors lost $1.7

Planning 71

Planning Currencies Education Investments 71

PYMNTS

NOVEMBER 4, 2020

Today in B2B Payments, commercial payments technology firm FLEETCOR reveals $1 billion plans for M&A activity. 3) that it has completed its multimillion-dollar acquisition of CPS Payment Services , a B2B payments and accounts payable (AP) automation technology provider. Repay Holdings Seals Deal For CPS Payment Services.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) B2B Planning Accounts Payable 59

PYMNTS

DECEMBER 12, 2018

In addition, United Kingdom -based Zeux plans to list a digital token to its wallet that can be used for mobile payments, and Bank of China Hong Kong is enabling Hong Kong consumers to top off their eWallets without needing a mainland China bank account.

Planning 43

Planning Currencies Communication Banking 43

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. Mastercard Leads Central Bank Digital Currency Test.

Currencies 105

Currencies Accounts Payable Treasury B2B 105

https://trustedcfosolutions.com/feed/

JULY 19, 2022

QuickBooks is recognized for being a great basic accounting tool, and it is used by a lot of small businesses because it is user-friendly and affordable. Still, it is not an accounting solution that can handle business processes apart from financials. It is not a full enterprise resource planning solution.

Accounts Payable 113

Accounts Payable Auditing Compliance Accounting 113

PYMNTS

FEBRUARY 13, 2020

The Peoples’ Bank of China has filed over 80 patents in its attempts to start its own digital currency, an extensive and elaborate plan to take the renmibi to the digital stage, according to published reports Wednesday (Feb.12). officials’ take on digital currency. officials’ take on digital currency.

Currencies 61

Currencies Banking Planning Finance 61

PYMNTS

MARCH 26, 2020

Cross-currency money transfer firm Western Union has announced the launch of Digital Location, a new tool that enables people to send money from home. A card is used for payouts into any bank account, digital wallet or agent locations supported by Western Union.

Foreign Exchange 114

Foreign Exchange Currencies Risk Management Technology 114

Spreadym

OCTOBER 13, 2023

Managing Accounts Receivable: Efficiently manage your accounts receivable by invoicing promptly, offering discounts for early payment, and pursuing collections for overdue payments. Managing Accounts Payable: Delay payments to suppliers only when it is advantageous and do not jeopardize supplier relationships.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Forecasting Invoicing 59

PYMNTS

JANUARY 29, 2018

To that end, MoneyGram and Ripple are joining forces to pilot a real-time settlement system and protocol that incorporating XRP, Ripple’s digital currency, into MoneyGram’s payment flows. dollars, convert them to XRP and, within seconds, convert them to another fiat currency. The actual money movement still demands bank authorization.

Planning 48

Planning Currencies Foreign Exchange Valuation 48

PYMNTS

AUGUST 3, 2016

Currency transfer and finding ways for consumers to avoid the inevitable fees is a hot spot for FinTech startups. Bank-to-bank transfers are one thing, but many consumers might want to transfer funds from a credit card rather than have to go to the trouble of opening a bank account. bank accounts. Revolut, a U.K.-based

Currencies 40

Currencies Foreign Exchange B2B Investments 40

The Finance Weekly

NOVEMBER 8, 2022

From accounting and payroll management to budgeting and forecasting, finance is the reason and numbers behind every bit of data that passes through the organization. The second option provides better priced plans and/or caters to different target audiences to ensure there will be a good option for any size or type of business.

Financial Planning and Analysis (FP&A) 98

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

PYMNTS

NOVEMBER 25, 2020

users by email that they have 14 days to shutter their accounts and take out all their money or have their accounts locked, Decrypt reported. An OKEx representative told Coindesk that the digital currency withdrawal service will start again prior to the Nov. Binance has purportedly started notifying U.S.

Tax Planning 97

Tax Planning Currencies Accounting Planning 97

PYMNTS

SEPTEMBER 16, 2020

Under the scam, alleged cybercriminals make the online purchases while the same sum is then credited to their gambling account. In June, the Nikkei Asian Review reported that Chinese officials are considering an East Asia digital currency in a bid to combat money laundering. .

eCommerce 124

eCommerce Currencies Banking Securities 124

PYMNTS

OCTOBER 10, 2019

Its announcement came the day after crypto exchange Binance tweeted that it is now accepting fiat currencies via Alipay, as well as via mobile messaging and payment app WeChat. If any transactions are identified as being related to bitcoin or other virtual currencies, @Alipay immediately stops the relevant payment services.”

Currencies 67

Currencies Compliance Accounting Planning 67