PYMNTS

SEPTEMBER 29, 2017

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help.

Treasury 56

Treasury Banking Compliance Risk Management 56

Strategic Treasurer

FEBRUARY 6, 2023

Episode 239 From Chaos to Clarity: Strategies for Smooth Bank Integration When it comes to treasury operations, cash is still king. Yet even with the rise of APIs in finance, a significant proportion of companies are still manually pulling bank statements from a plethora of bank portals, and still processing payments manually as well.

Treasury 52

Treasury Banking Cash Management Compliance 52

Strategic Treasurer

FEBRUARY 9, 2022

2022 Treasury Fraud & Controls Survey Results. Description : The 2022 Treasury Fraud and Controls Survey recently closed, with respondents providing valuable data on multiple elements impacting fraud and security. Bank account management & compliance practices. March 22 | 11:00 AM EDT. Register Now. Sponsored By.

Treasury 52

Treasury Securities Education Risk Management 52

PYMNTS

MAY 17, 2018

According to a press release Wednesday (May 16), the European Central Bank (ECB), based in Germany, has chosen OpenLink to provide treasury and risk management technology to manage its euro-dominated investment portfolio, foreign reserves and other asset purchase programs.

Treasury 43

Treasury Banking Risk Management Compliance 43

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Banking 96

Banking Accounts Payable Treasury Finance 96

Bramasol

MAY 9, 2022

As more companies and industries adopt subscription-based business models in the Digital Solutions Economy (DSE), they face new challenges in managing cash, cash flow and banking. And, as the volume and velocity of transactions increases exponentially, your cash application and cash management solutions must keep up.

SAP 85

SAP Cash Management Banking Treasury 85

PYMNTS

OCTOBER 7, 2018

To settle claims that it broke Iranian sanctions, Cuban Assets Control Regulations and Weapons of Mass Destruction bank regulations, JPMorgan Chase has agreed to a $5.3 Treasury noted that the violations were voluntarily disclosed by the bank and were a “non-egregious case,” Reuters reported. banking industry.

Treasury 59

Treasury Compliance Banking Investments 59

CFO Simplified

OCTOBER 10, 2023

And certainly, the banking environment has changed dramatically. The personal banker at large banks is a figment of our imagination, and community banks have picked up the mantle of personalized service. Changing banks is a real pain. First of all, many business owners are nervous talking to their bank.

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

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. Customers can make payments via Bank of America’s SWIFT gpi solution. The tool is aimed at improving speed, security, transparency and compliance. .

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

MARCH 17, 2016

payments network in the United States has found itself in some hot water with the Treasury Department. MasterCard has received a finding of violation from the Treasury since it failed to report accounts held by two Iranian banks. Both banks have been on a list that prohibits U.S. The second-largest U.S. ” .

Treasury 40

Treasury Banking Compliance Accounting 40

PYMNTS

DECEMBER 26, 2018

Wall Street firm, was fined $10 million by the Financial Industry Regulatory Authority (FINRA) for compliance failures. According to a report in Reuters , citing FINRA and Morgan Stanley, the firm agreed to pay $10 million after FINRA contended it had lapses in compliance for more than five years from January of 2001 until April of 2016.

Compliance 53

Compliance Treasury Currencies Banking 53

Reval

MAY 17, 2017

Want to know what your peers are reading on treasury and risk management ? Discover the content your fellow treasury professionals felt were most helpful, and brush up on your skills for the quarter ahead. Fact Sheet: Technology to Automate Global Bank Connections. Case Study: How Jaguar Land Rover Improved FX Risk Management.

Risk Management 52

Risk Management Treasury Manufacturing Compliance 52

Barry Ritholtz

MAY 20, 2023

As president, she is responsible for corporate sustainability and responsible investing; Man Solutions and Man FRM; central trading, funds treasury and bank relationships; operations; financial crime; corporate real estate; and communications. Before joining the firm in 2010 as Chief Compliance Officer for Man GLG, Robyn held Sr.

Compliance 121

Compliance Treasury Communication Investments 121

PYMNTS

JANUARY 16, 2017

The relationship between bank and corporate customer is one that, for treasury managers, is a crucial one. In a world of cross-border transactions, geopolitical upheaval and currency volatility, corporates traditionally forge relationships with several banks. And visibility is crucial for centralized decision-making,” he said.

Treasury 41

Treasury Compliance Auditing Currencies 41

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

JUNE 5, 2020

Citi ‘s Treasury and Trade Solutions (TTS) customers have increased their utilization of the firm’s digital banking technology, while firms globally implemented continuity plans and telecommuting to stay in operation amid the pandemic. Digital onboarding is more complicated for corporates than consumers.

Banking 52

Banking Treasury Compliance Numbers 52

PYMNTS

FEBRUARY 28, 2020

As such, B2B FinTech firms continue to embrace collaboration and data integration between each other, particularly as the financial services world at large continues its migration toward unlocking data in an Open Banking framework. Going Further With Open Banking. Cichy said he sees the opposite happening today, though.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

CFO News Room

JANUARY 18, 2023

The Treasury Department designated Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for ransomware actors based in Russia. WSJ | Risk and Compliance Journal. Deputy Treasury Secretary. Concurrent with the U.S. Wally Adeyemo.

Treasury 100

Treasury Compliance Financial Systems Finance 100

PYMNTS

APRIL 20, 2016

Treasury management firm Reval, which provides cloud-based cash management solutions, is now linking its corporates into the SWIFT network. A partnership with Reval, Adams said, means those onboarded users can also benefit from automated treasury management solutions.

Treasury 40

Treasury Cash Management Compliance Banking 40

PYMNTS

SEPTEMBER 24, 2020

The entities said they will help credit unions and small- to medium-sized banks loop into the RTP network , with First Bank and Nano Banc among the first to do so as a result of the collaboration. OCC Clears Banks For Stablecoin. BELLIN Secures SWIFT gpi Label. Also embracing SWIFT gpi is Santander U.K.

B2B 75

B2B Banking Currencies Treasury 75

Future CFO

SEPTEMBER 20, 2023

The World Payments Report 2023 draws on insights from two primary sources – the Global Large Businesses Survey 2023 and the Global Banking and Payments Executive Surveys and Interviews 2023, according to the firm. The survey questioned 355 senior executives of corporate treasury departments of large corporates, the firm added.

Cash Management 52

Cash Management Treasury Credit Risk Compliance 52

PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. With the treasury market for S&P 500 companies valued at $2.3 The Pandemic Pop.

Treasury 129

Treasury Currencies Benchmarking Cash Management 129

PYMNTS

MAY 3, 2019

European corporate banks are lagging behind their U.S. In a blog post this week, the data and analytics company released its new report called “European Corporate Banking: U.S. Banks Gain Advantage with Digital Solutions for KYC,” which found that European banks’ U.S.

Banking 51

Banking Cash Management Treasury Compliance 51

PYMNTS

DECEMBER 20, 2016

The venture capital arm of Mitsubishi has provided new funding for treasury management firm Kyriba, reports said Monday (Dec. Mitsubishi UFJ Capital, based in Tokyo, led Kyriba’s Series D funding round , though investors did not reveal how much the company raised. “We

Treasury 40

Treasury Compliance Leadership B2B 40

PYMNTS

FEBRUARY 22, 2019

The relationship between FinTechs and banks has been complicated, with relatively young upstarts competing with established financial institutions in a new and growing world of digital payments and commerce. But, in fact, banks and FinTechs may make for the perfect marriage, as each works to leverage their unique strengths and opportunities.

Banking 82

Banking Accounts Payable Treasury Compliance 82

PYMNTS

DECEMBER 17, 2018

Department of the Treasury, has assessed a $14.5 million fine against UBS Financial Services (UBSFS) for willful violation of the Bank Secrecy Act, according to a treasury report. Broker-dealers providing banking-like services must properly mitigate the AML risks associated with this kind of service.

Banking 55

Banking Treasury Securities Compliance 55

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. FinCEN Director Tells Banks To Look Out For Crypto Fraud.

Banking 52

Banking Marketing Treasury Compliance 52

PYMNTS

JUNE 24, 2020

billion that Wirecard said it deposited in two of the island nation’s banks, Reuters reported. Justice Secretary Menardo Guevarra said Wednesday (June 24) he told state investigators to coordinate with Bangko Sentral ng Pilipinas , the Philippines central bank, on the inquiry. Wirecard’s stock continues to tumble.

Treasury 130

Treasury Compliance Banking Accounting 130

PYMNTS

NOVEMBER 16, 2018

Nearly a year on, Open Banking has a bit of mileage behind it and roadmap stretching ahead. Far-flung governments are requiring banks to make customer data available to third parties in an effort to provide services and provide transactions for those end users. SMEs: Wary of Open Banking? He described the U.K.

Banking 63

Banking Compliance Treasury Sales 63

CFO Simplified

MARCH 7, 2024

The rationale for the CTA’s disparate treatment is that larger, operating businesses are already subject to several existing laws and regulations designed to prevent money laundering, such as SEC filing requirements, FINRA, banking regulations, and insurance regulations.

Tax Planning 59

Tax Planning Compliance Restructuring Treasury 59

CFO Simplified

MARCH 7, 2024

The rationale for the CTA’s disparate treatment is that larger, operating businesses are already subject to several existing laws and regulations designed to prevent money laundering, such as SEC filing requirements, FINRA, banking regulations, and insurance regulations.

Tax Planning 52

Tax Planning Compliance Restructuring Treasury 52

Strategic Treasurer

MARCH 6, 2023

In the Language of Finance sub-series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. How does the language of FP&A differ from treasury? Listen in to find out. What is it? How does it work?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

PYMNTS

JULY 21, 2020

Speaking with PYMNTS, Fides Treasury Services Head Client Relations Simon Kaufmann explored how some of the biggest opportunities to modernize the treasury function are adding new pressures to finance teams as they navigate the pandemic. ” Challenge Turned Opportunity.

Treasury 64

Treasury Cash Management Data Analysis Compliance 64

PYMNTS

MARCH 23, 2018

A new survey from TD Bank suggests corporate treasurers have mixed outlooks on the impact of U.S. Forty-two percent of professionals surveyed said they believe tax reform will lead to significant economic benefits for their organizations, TD Bank said. tax reform on their organizations. as a result of tax reform.

Banking 40

Banking Treasury Healthcare Compliance 40

Strategic Treasurer

MARCH 23, 2022

Description : Unpredictable times creates multiple challenges for treasury teams. Escalating compliance requirements, sanctions, and regulations make companies (not just banks) liable for payments to unauthorized or sanctioned parties and fight against our efforts for efficiency. Criminal activities compound the issue.

Treasury 52

Treasury Education Compliance Forecasting 52

PYMNTS

APRIL 22, 2019

The massive global trade finance gap is the topic of conversation for many banks and FinTech firms looking to strengthen their position in the market. However, both sides struggle with making trade finance profitable, and maintaining compliance. ” Below, PYMNTS looks at some of the data points behind these conclusions.

Finance 53

Finance Compliance Treasury Banking 53

Future CFO

JANUARY 22, 2020

In addition, more than 50% reduced the number of banks they work with to avoid lengthy KYC processes, negatively impacting banking relationships, survey results indicate. This means that compliance teams are being pushed to ensure their businesses remain competitive, as well as staying compliant.

Compliance 52

Compliance Treasury Banking Securities 52