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

MAY 11, 2020

The bill encourages digital currencies use, meaning that the funds could be disbursed using a central bank-backed digital currency,” the report states, adding, “It is unlikely that the Fed may embrace a digital currency during the pandemic, yet the idea of disbursing funds to digital wallets is more palatable.”.

Currencies 52

Currencies Treasury Compliance Banking 52

PYMNTS

OCTOBER 14, 2019

with a flexible access to working capital financing instruments to the parties,” added Anna Sokolova, NLMK director for treasury. Cointelegraph reported that the question states, “At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?”.

Construction 43

Construction Banking Treasury Finance 43

Future CFO

DECEMBER 11, 2023

Real-time payments also mean account balances stay up-to-date. UnionBank has introduced digital account opening , expanding its reach to people as they no longer need to go to physical branches to open an account. In Asia, real-time payments are now available in Australia, Hong Kong, Japan, Singapore and Thailand.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

FEBRUARY 15, 2019

The currency isn’t going to work,” the executive said. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.”. It is a digital coin, representing United States dollars, held in designated accounts at JPMorgan Chase N.A. dollars from JPMC.

Currencies 73

Currencies Banking Valuation Treasury 73

Future CFO

SEPTEMBER 1, 2019

While the SOR relies on the US dollar-Libor in its computation methodology, the SOR is a key interest rate benchmark in Singapore used in the pricing of SGD interest rate derivatives, commercial and retail loans, and other financial products. In addition, the three-month SOR is a benchmark for pricing corporate loans.

Benchmarking 40

Benchmarking Accounting Standards Currencies Accounting 40

PYMNTS

APRIL 27, 2016

Treasury Department announced plans for more inclusive representations of note-worthy (pun intended) Americans on the $5, $10 and $20 bills, there were rumblings that some other denominations of currency should perhaps disappear altogether. As American Banker outlined in a recent article, marijuana is a booming niche retail industry.

Currencies 41

Currencies Treasury Compliance Banking 41

Future CFO

SEPTEMBER 23, 2019

The service will be available to all types of banks’ end customers regardless of company sizes and to retail and e-commerce platforms, according to SWIFT. SWIFT claimed that it took 41 seconds to sent a payment from Singapore, clear via Germany and credit to the end beneficiary account.

Foreign Exchange 40

Foreign Exchange Currencies Banking Technology 40

Musings on Markets

MAY 24, 2021

Put simply, inflation is a measure of the change in purchasing power in a given currency over time. The second is that inflation is tied to currencies, and different currencies can be exposed to different levels of inflation over the same period. What is inflation? Implicit in this definition are two key components of inflation.

Investments 55

Investments Treasury Currencies Marketing 55

PYMNTS

FEBRUARY 4, 2020

Visa has announced that it will sell cross-border payments company Earthport’s foreign exchange (FX) business to Pollen Street Capital’s Currency Holdings, according to a report. If you are a treasury bank, you have to operate in both of those spaces,” he explained. That’s B2B Connect.”. “If

Foreign Exchange 100

Foreign Exchange Treasury Currencies B2B 100

CFO News Room

NOVEMBER 18, 2022

LP: You refer to this as wealth accumulation without accountability. NP: This goes back to the question of accountability. Treasury securities] and to give a bid to the gilt market to raise the level of gilts. Economist, journalist, and former Wall Street exec Nomi Prins is here to explain the inexplicable. In what sense?

Banking 100

Banking Economics Leverage Currencies 100

PYMNTS

JANUARY 15, 2021

As noted in this space earlier in the month, the Office of the Comptroller of the Currency (OCC) said that banks can utilize stablecoins in transactions, among other banking activities. The consumer and retail side of the equation will come more (in parallel) through 2021 and beyond, he predicted, with many variants of coins and issuers.

Compliance 101

Compliance B2B Banking Treasury 101

PYMNTS

AUGUST 5, 2019

Before becoming CEO, Flint, 51, was in charge of retail and wealth management for HSBC, Europe’s biggest bank. Although Asia accounts for 80% of the London-headquartered HSBC, the focus has most recently been directed at its underperforming U.S. He was with the bank since 1989 and spent the first 14 years of his HSBC career in Asia.

Treasury 43

Treasury Accounting Currencies Banking 43

Barry Ritholtz

JANUARY 16, 2024

Because the idea of syndication is that you make a giant purchase and then you sell it off in smaller units to really more of a retail investor. I worked in sort of a quasi portfolio management role for like a single client account type business. And he said, if I wanted an accountant, I wouldn’t have come to you.

Investments 103

Investments Marketing Transportation Finance 103

Barry Ritholtz

FEBRUARY 13, 2023

But since you mentioned getting return on the risk you take, how do you think about duration when the three-month Treasury is more or less the same or better than the 10-year? and what cross currency basis, et cetera, takes a while to assimilate at all. Russia and Ukraine account for 12 percent of the calories in the world.

Mergers and Acquisitions (M&A) 56

Mergers and Acquisitions (M&A) Investments Marketing Education 56

PYMNTS

APRIL 13, 2020

The stimulus checks — some of them, anyway — are coming, via direct deposit, to tens of millions of Americans’ bank accounts over the next several weeks. In other words, the recipients would create checking accounts at the Federal Reserve Banks (there are 12 of them).

Accounting 99

Accounting Banking Currencies Treasury 99

CFO News Room

FEBRUARY 4, 2023

The modern hyperinflations and currency collapses of (among others) Germany and Zimbabwe conventionally fall into the same category, even though these undoubtedly had differential effects on exports, imports, and non-tradables. The issue of persistence is blurred by transmission effects from the wholesale to the retail levels.

Economics 100

Economics Construction Profit and Loss Marketing 100

PYMNTS

JULY 31, 2018

Treasury Department. The Treasury Department report, entitled “ A Financial System That Creates Economic Opportunities ,” serves as a response to executive order 13772, President Trump’s call to regulate the U.S. As the new Treasury report indicates, FinTech is a growing area. financial technology efforts. FinTech Sandboxes.

Securities 77

Securities Treasury Financial Systems Banking 77

Barry Ritholtz

AUGUST 16, 2022

If you’re all interested in macro investing, trend following, commodities, currencies, fixed income, various types of quantitative strategies, and most important of all, risk management, you’re going to find this conversation to be absolutely fascinating. RITHOLTZ: And those were Treasuries. TROPIN: Yeah. No, no, no.

Profit and Loss 117

Profit and Loss Foreign Exchange Valuation Investments 117

PYMNTS

JANUARY 15, 2018

The excitement kicked off on Monday with word that South Korea — one of the world’s busiest and priciest bitcoin trading hubs — was on the verge of banning digital currency exchanges. Users transact using credentials linked to their Google accounts, spanning Gmail, Google Play, YouTube and Chrome.

Currencies 44

Currencies Compliance Treasury Banking 44

Barry Ritholtz

OCTOBER 3, 2023

And so after a week there, I, I said to the guys on desk, Hey, can I open an account and do this? Yeah, you’re, you’re, you’re allowed to open an account. So I opened an account and I sat there and I traded the, the New York Chicago Gold arbitrage for the next sort of close to month. Gary Cohn ] 00:05:28 Be?

Marketing 107

Marketing Treasury Banking Profit and Loss 107

PYMNTS

JULY 23, 2019

Among the main stories in payments in recent months has been the increasing push to reform federal banking laws so that legal cannabis retailers can move away from their cash-based businesses and move further into the world of the digital payments. In April, Treasury Secretary Steven Mnuchin told policymakers he supports the initiative.

Banking 75

Banking Treasury Retail Currencies 75

Barry Ritholtz

DECEMBER 26, 2023

Accounting was very difficult. What do you see in, in treasuries and the fixed income half of the portfolio? So I’m looking at the lowest tier of investment grade versus the 10 year yield 00:52:46 [Speaker Changed] Versus the treasury. Safe harbor harbor here, a little apo apocalyptic currency. Maybe even more.

Marketing 60

Marketing Leadership Finance Investments 60