PYMNTS

SEPTEMBER 8, 2020

The result is a slew of unstructured data coming in from a variety of sources; financial service providers must try to make sense of it in order to maintain regulatory compliance and mitigate the risk of fraud. It's surprising to me that something like corporate standing is not part of compliance.". On Tuesday (Sept. On Tuesday (Sept.

Compliance 79

Compliance Prioritization B2B Banking 79

PYMNTS

JULY 16, 2020

Researchers in the International Chamber of Commerce (ICC) Global Survey 2018 report discovered supply chain finance to lead priorities at banks, as 42 percent of those polled prioritized expansion in supply chain finance in the coming year. Trade finance is still a key tool for cross-border B2B trade.

Finance 54

Finance Prioritization B2B Compliance 54

PYMNTS

APRIL 26, 2018

Forty percent, however, said their compliance will come after that deadline, and 8 percent were not sure when they will be fully compliant with the new rules. A key issue here is prioritizing what can be done in the remaining time before that May deadline and acting on those high-risk areas.”. Businesses in the U.K.

Compliance 59

Compliance Prioritization B2B Budgeting 59

PYMNTS

NOVEMBER 1, 2020

The new library will make it easier to identify and prioritize projects to help a business save money, optimize suppliers and boost performance, the release claims. And, the release said, the company works with customers to determine the areas where help is most badly needed, including risk, compliance or areas to reduce spend.

Vendor Management 85

Vendor Management Prioritization Budgeting Compliance 85

PYMNTS

DECEMBER 20, 2019

To move a B2B transaction from one market to another, the global interbanking system is far from a perfect strategy, though it remains the standard in cross-border payments. ” To do so, he said, the tool prioritizes security and compliance. Legacy Rails’ Shortcomings.

Banking 52

Banking B2B Prioritization Securities 52

PYMNTS

JUNE 19, 2020

The newest Cross-Border Merchant Friction Index explores which checkout features international online shopping retailers can prioritize when they design their checkouts. From T-Shirts To PPE — What Hanes Learned From Its Supply Chain Pivot (B2B Payments Tracker).

Profit and Loss 60

Profit and Loss Prioritization Manufacturing Compliance 60

PYMNTS

NOVEMBER 5, 2019

As Boston-based Flywire’s President and COO, Orgel will oversee its global payment network, business operations, finance, legal, compliance, and corporate strategy and development. Flywire announced his appointment Tuesday (Nov. 5) to the newly created position. It’s what he sees as the “incredible opportunity ahead for Flywire.”.

Leadership 61

Leadership Prioritization Healthcare B2B 61

PYMNTS

DECEMBER 28, 2018

Researchers this year released new data on banks’ KYC adherence that highlights just how imperative it is that the financial services industry is able to more adequately address the challenges of compliance. Many banks still offer SMB banking products in the same manner that they were offered 10 years ago.

Banking 74

Banking Compliance Prioritization Accounting 74

PYMNTS

OCTOBER 25, 2019

But according to the report, the IRS rarely uses this new method and is not examining past audits in order to more efficiently prioritize which cases to more closely examine, Bloomberg said. ” It emphasized that more efficient auditing tactics are even more important in this context.

Auditing 40

Auditing Treasury Compliance Prioritization 40

PYMNTS

JANUARY 6, 2021

Not only must firms retain visibility and control of employee spend, but they must also prioritize the safety of their professionals while on business trips. With employee expenses expanding into new categories, opportunities for technologies like automation and analytics will also be increasingly important, said Tan.

Budgeting 112

Budgeting Prioritization Entertainment Compliance 112

PYMNTS

APRIL 12, 2019

What’s clear is that GDPR intends to protect data, and researchers have already found a correlation between GDPR-compliant businesses and lower rates of data breaches – perhaps the result of organizations’ prioritizing and investing more in cybersecurity and data protection initiatives to become compliant.

Compliance 77

Compliance Prioritization Securities Leverage 77

PYMNTS

DECEMBER 12, 2017

The v-cards are issued by a variety of partners on the Conferma network, including eNett, the B2B payments unit of Travelport. It will also prioritize the use of Conferma’s pioneering secure email for communication of booking details.”.

Reconciliations 40

Reconciliations Prioritization B2B Compliance 40

PYMNTS

AUGUST 15, 2019

Justin Ferrabee, chief operating officer of Canadian payments clearing and settlement system operator Payments Canada, told PYMNTS in a recent interview that reliable data is also key to supporting anti-money laundering (AML) and know your customer (KYC) compliance efforts. . Interoperability And Adoption .

Treasury 58

Treasury Prioritization Compliance B2B 58

PYMNTS

OCTOBER 30, 2020

Managing Cash Flow Reporting in B2B. Businesses also prioritize having up-to-date financial status data that will enable them to carefully oversee liquidity across all their various bank accounts and to make accurate decisions. Carter said.

B2B 59

B2B Economics Banking Prioritization 59

PYMNTS

JANUARY 29, 2019

The latest research from Cisco on the topic suggests executives may want to loosen the purse strings when it comes to cybersecurity investment, because the spend is paying off — including in ways beyond regulatory compliance.

Investments 59

Investments Compliance Education Benchmarking 59

PYMNTS

SEPTEMBER 22, 2016

Part of the problem, says Pegasystems Senior Director of Risk, Compliance and Onboarding for Financial Services Reetu Khosla, is that KYC and other regulations change so frequently and are so numerous that it’s a major undertaking to remain compliant. .” On Tuesday (Sept. ” Speed and regulation rarely go hand-in-hand.

Banking 75

Banking Compliance Prioritization Auditing 75

PYMNTS

APRIL 3, 2019

The portion of treasury officials prioritizing digitization has nearly doubled since the fourth quarter of 2018 to 22 percent, the report revealed. Today, the report found, most treasurers prefer to work with traditional banks, thanks to their competitive advantage of customer trust and compliance.

Treasury 49

Treasury Banking Foreign Exchange Corporate Finance 49

PYMNTS

JULY 24, 2020

According to Holloway, it’s a challenge for companies of all sizes and industries, and many continue to struggle to prioritize enhanced due diligence processes. ” Yet SMBs face even greater headwinds in their efforts to mitigate these risks.

Prioritization 70

Prioritization Risk Management Compliance Economics 70

PYMNTS

DECEMBER 22, 2016

That confidence is misdirected, with half of organizations prioritizing an outdated method to protect their businesses. According to researchers, 80 percent of respondents fell into that category and are considered “ripe” targets for cyberattacks. Meanwhile, 20 percent cited a lost device for the cause of a breach.

Compliance 68

Compliance Prioritization Securities Treasury 68

PYMNTS

AUGUST 29, 2019

Small businesses have historically been deemed as unprofitable by major banks, with FIs’ innovation efforts often prioritizing consumer products, followed by commercial banking offerings. Striking A Balance For SMBs.

Banking 69

Banking Prioritization Compliance Technology 69

PYMNTS

JULY 29, 2016

The report, announced on Wednesday (July 27), dives into how corporations are prioritizing each of these four factors in a modern market landscape. Corporations are also prioritizing risk management within their P2P functions, researchers said, with the enterprise tasked with maintaining compliance.

Prioritization 41

Prioritization Invoicing Risk Management Compliance 41

PYMNTS

AUGUST 3, 2018

It’s an emerging trend, for B2B invoices in particular, as corporate billing and payments become “consumerized,” King said, adding that customers of all types today expect a digital experience, and those preferences are spilling into the B2B market as well. “Having all of this data is benefitting companies.

Invoicing 40

Invoicing B2B Prioritization Accounting 40

PYMNTS

MAY 13, 2019

While data integrations mean access to more data for financial professionals to analyze, they also raise issues in the world of compliance and data protection. This trend has also led to the surfacing of more challenges and opportunities for human accountants.

Accounting 61

Accounting Compliance Prioritization Financial Analysis 61

PYMNTS

SEPTEMBER 20, 2017

According to researchers, employees have control over how their employers compensate them, and they should be diligent about their tax withholdings not only for compliance purposes, but to ensure they receive funds the way they want.

Healthcare 40

Healthcare Compliance Prioritization Education 40

PYMNTS

OCTOBER 19, 2016

Low interest rates aren’t the only factor when it comes to how treasurers and CFOs prioritize their time. And while Brexit isn’t expected to negatively impact corporates in the near term, nearly half of treasurers said the event is likely to have a negative impact over the next three to five years.

Treasury 70

Treasury Prioritization Economics Leadership 70

BlueLight

AUGUST 21, 2020

I expanded our service offering to include outsourced finance, accounting, HR and compliance. Compliance ?—?We Take a B2B software startup that is subject to complex SaaS revenue recognition rules, we can build the process to properly recognize recurring subscription revenue?—?even

Planning 52

Planning Marketing Startups CFO 52

PYMNTS

SEPTEMBER 21, 2017

Seventy-one percent of firms which prioritize this goal are larger companies with more than 1,000 employees. Working with more foreign suppliers may mean dealing with additional tariff and compliance issues. market saw the highest rate at which businesses experience this type of friction, closely followed by the U.K.

Invoicing 53

Invoicing Prioritization Compliance Numbers 53

PYMNTS

MARCH 4, 2020

He said treasurers are interested in the prioritization of simplicity and usability over features, and integration and interoperability are top of mind. Regulation and compliance might be burdens, but they can’t be excuses.”. The Rise Of Intelligent Engagement In Corporate Banking.

Banking 81

Banking Cash Flow Forecasting Forecasting Prioritization 81

PYMNTS

SEPTEMBER 19, 2019

They noted the most effective supply chain technologies operate on a Software-as-a-Service model as organizations downsize their internal IT departments, and they urged businesses to embrace technologies that are mobile-friendly and prioritize security and transparency.

Technology 47

Technology Manufacturing Forecasting Prioritization 47

PYMNTS

OCTOBER 18, 2017

Why trust the security, compliance or continuity of your business to a free tool with known best practice flaws?” According to BeyondTrust, organizations’ rapid migration to the cloud means small businesses should be prioritizing privileged access management and rethinking their corporate security strategies overall.

Prioritization 40

Prioritization Securities Compliance Accounting 40

PYMNTS

APRIL 5, 2016

CFOs Prioritize. A survey found that, this year, CFOs will prioritize the planning and business analysis processes but that compliance management is also a significant weight on their minds. The Hackett Group found that, on average, corporate headcounts have declined by an average of 2.7 percent reduction in budget.

Leadership 42

Leadership CFO Prioritization Finance 42

PYMNTS

JULY 25, 2019

When it comes to regulatory compliance, no corporate is an island. An organization may have the resources to stay on top of ever-evolving regulations, but increasingly, businesses are being held accountable not only for their own compliance standing, but also that of their business partners down the supply chain. Is there an exception?

Compliance 40

Compliance Prioritization B2B Leverage 40

PYMNTS

JULY 14, 2016

Last year, the First Advantage Cybersecurity Survey found that firms are prioritizing employee background checks in an effort to safeguard their systems and information, while researchers highlighted the need for executives to deploy periodic employee screening to protect against insider security breaches.

Prioritization 40

Prioritization Startups Securities Investments 40

PYMNTS

APRIL 22, 2016

This involves treasurers collaborating with their banks and FinTech providers to forecast the direction of the FX market, while maintaining compliance with corporate policy on hedging. and France prioritizing protection against risk from FX fluctuation. “Amid the U.S. Technology, too, makes this possible.

Marketing 40

Marketing Foreign Exchange Treasury Currencies 40

PYMNTS

APRIL 30, 2020

Thanks to the global pandemic, lengthening payment terms and delayed B2B payments are growing increasingly common, and Frank said this has elevated risk in ways never seen before. “It was considered a compliance headache; it’s not something a lot of people like,” she said. ”

Risk Management 59

Risk Management Risk Analysis B2B Prioritization 59

PYMNTS

OCTOBER 6, 2017

But often, businesses prioritize security of customer data, then safeguard internal company data. Cybersecurity weighs heavily on corporates’ minds, especially when incidents like the Equifax data breach occur. Experts warn some companies could be missing a huge area prone to data hacks: payroll.

Marketing 55

Marketing Treasury Foreign Exchange Prioritization 55

PYMNTS

MAY 6, 2019

Many developers prioritize being able to quickly find specific APIs, connect to them and start coding right away. “It Banks also need compliance strategies to smoothly work with FinTech developers worldwide. The APIs that most appeal to FinTechs are easy to use and tailor, Chaib said.

Banking 74

Banking Prioritization Securities Compliance 74