PYMNTS

JUNE 8, 2020

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. In addition, Buonomo said digital currencies, especially central bank digital currencies (CBDC) may eventually be able to replace all bank accounts.

Accounting 135

Accounting Banking Currencies Securities 135

Future CFO

JUNE 1, 2025

The region is experiencing easing inflation and interest rates yet remains challenged by heightened geopolitical tensions, especially between the US and China, which impact currency volatility and supply chain strategies. Integration platforms that connect ERPs and banks provide seamless, real-time insights, enhancing decision-making.

Economics 59

Economics Mergers and Acquisitions (M&A) Treasury Cash Flow Forecasting 59

Global Finance

DECEMBER 27, 2024

Tanzania has a reputation for peace and stability compared to [other] countries in East Africa, says Tenda Msinjili, head of banking and finance at law firm Clyde & Co.s However, there are pockets of risk, including a high public debt, a foreign currency shortage, and jitters over the coming 2025 presidential election.

Foreign Exchange 144

Foreign Exchange Investments Economics Currencies 144

PYMNTS

SEPTEMBER 15, 2020

A major German digital security firm that is a significant player in the electronic payments sector on Tuesday (Sept. 15) has backed a call by the head of the European Central Bank (ECB) for quick exploration into creating an official European Union digital currency. These issues go to the very heart of the ECB’s mandate.

Currencies 99

Currencies Banking Securities Retail 99

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We Specific Concerns .

Banking 139

Banking Financial Systems Concentration Currencies 139

PYMNTS

JANUARY 26, 2020

Bank of France Governor Francois Villeroy de Galhau said on Saturday (Jan. 25) that central banks should be in charge of issuing electronic currency, not private companies, Reuters reported. He noted that private citizens also might ask for cash alternatives. . “In

Banking 100

Banking Currencies Economics Planning 100

Global Finance

APRIL 5, 2025

Some of that change in volume may have been attributable to issuers taking an opportunistic approach at the beginning of the year, suggests Jeff Ramsay, securities and capital markets partner at Paul Hastings law firm, waiting to see how the change in [US] administration may affect the macroeconomic environment.

Investments 52

Investments Banking Mergers and Acquisitions (M&A) Foreign Exchange 52

CFO News

MARCH 16, 2025

State-owned Engineers India and MECON, alongside four private firms, have been shortlisted for RBI's project to modernize its currency management infrastructure. The project aims to create advanced storage, introduce automation, enhance security, and improve efficiency to meet future cash needs.

Currencies 40

Currencies Securities Banking 40

Global Finance

JUNE 5, 2025

Global Finance : Open banking is on the rise. Manish Kohli: HSBC is a major player in the open-banking and open-finance ecosystem. We’re the world’s largest transaction bank and have a global footprint that spans the numerous jurisdictions and clearing systems that are driving the open-banking agenda.

Currencies 52

Currencies Treasury Cash Management SAP 52

PYMNTS

OCTOBER 9, 2020

In terms of collaboration, as noted in this space, the Federal Reserve is working in collaboration with seven other central banks and the Bank for International Settlements (BIS) to bring together a framework that would smooth the path to digital currency issuance. The Federal Reserve Bank has been exploring a digital currency.

Currencies 70

Currencies Banking Retail Securities 70

Global Finance

MARCH 5, 2025

With its exit from Central America and Colombia, Scotiabank follows the trend of international banks retreating amid rising compliance costs and risks. Scotiabank has officially exited retail banking in Panama, Costa Rica, and Colombia, marking the latest move by a major international lender to scale back in the region.

Banking 52

Banking Compliance Treasury Finance 52

PYMNTS

APRIL 10, 2020

While this strategy can yield results, it can also create silos, hampering a bank’s ability to achieve one of the most vital goals of DX: seamless integration of operations that boost efficiency and improve the end-user experience. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

Technology 144

Technology Banking Foreign Exchange Currencies 144

Global Finance

OCTOBER 28, 2024

Despite security threats and political unrest, tiny Togo is attracting outsize interest from foreign investors. The picture is clouded by security challenges arising from attacks by bandits in the northern region and sea pirates’ raids on the coastal south. The AfDB expects real GDP to grow 5.3% of GDP in 2022 to 6.7%

Economics 98

Economics Manufacturing Investments Currencies 98

PYMNTS

JANUARY 10, 2020

China’s central bank, the People’s Bank of China (PBOC), said it has completed the “top-level” design of its proposed digital currency, according to reports. Mu Changchun, the head of the digital currency research institute at the PBOC, said the focus will be on “stability, security and control.”

Banking 102

Banking Currencies Construction Securities 102

PYMNTS

OCTOBER 5, 2020

Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,

Securities 81

Securities Banking Currencies Investments 81

CFO News

MAY 29, 2025

Reserve Bank of India's annual report is out. Security printing costs surged to Rs 6,372.8 The central bank is focusing on localizing banknote production. crore in 2024-25. This is a 25% jump. Banknote value and volume also saw increases. Rs 500 notes remain dominant. Most Rs 2000 notes have returned after withdrawal.

Currencies 40

Currencies Securities Banking 40

Global Finance

APRIL 5, 2025

Anthony Noto Africa : Rand Merchant Bank Dealmaking in Africa has rebounded, due to declining interest rates and inflation. Deal activity will continue, owing to increased confidence and stable macroeconomics, says Robert Leon, co-head of Rand Merchant Bank (RMB) Investment Banking. billion), Hyundai Motor India in Bombay ($3.3

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Investments Banking Finance 52

PYMNTS

SEPTEMBER 25, 2020

Her speech, entitled “Payment and the Pandemic,” included a section on digital currencies. Mester noted the central bank had been looking into digital currencies even before the pandemic, “building and testing a range of distributed ledger platforms to understand their potential benefits and trade-offs.”

Currencies 132

Currencies Banking Securities Technology 132

PYMNTS

AUGUST 19, 2019

To provide users with different levels of access to funds that are stored, Bank of America is reportedly aiming to patent a security system that is “partitioned” for crypto-wallets. The office published the application last week and lists a senior tech manager at the bank, Manu Kurian, as the inventor.

Currencies 77

Currencies Transportation Banking Securities 77

PYMNTS

OCTOBER 21, 2020

In an interview with Karen Webster, the European Banking Federation’s ( EBF ) Alexandra Maniati , Director of Cybersecurity & Innovation, said the European banking industry is, increasingly, embracing the cloud to pivot to new financial services and products across the Continent. Moving into the Digital Age .

Banking 126

Banking Currencies Leverage Technology 126

Global Finance

MARCH 6, 2025

The Bank of Latvia, the countrys central bank, is more optimistic for 2026 and 2027, expecting growth of 3.1% and 3.3%, respectively, due to stronger domestic demand, lower inflation, and the inflow of foreign capital into Latvias fintech, defense and banking sectors. Rail Baltica secured an additional 1.4 in 2025; 2.5%

Transportation 82

Transportation Economics Budgeting Investments 82

PYMNTS

DECEMBER 27, 2020

The rise of the currency's value has been surging just over the past holiday weekend, breaking $25,000 on Friday (Dec. The update will help to alleviate a common issue with bitcoin in that there were few user-friendly, secure methods to buy, sell and use cryptocurrency in general. The price of bitcoin has passed $28,000 on Sunday (Dec.

Currencies 101

Currencies Planning Banking Securities 101

Global Finance

OCTOBER 11, 2024

Global Finance presents its 31st annual list of best banks worldwide. Banks face an uphill battle as supply chains remain disrupted, regional conflicts continue to build, and the fear of bank failure returns. Industry leadership, advancements in digitalization and corporate citizenship also factored in.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

SEPTEMBER 22, 2020

No longer is open banking solely for consolidating financial information into a single platform for one end user. Acumatica Links Its ERP Into Bank Data. Integrated into its ERP solution, the new feature links electronic banking fees to corporate card spend, allowing for automated receipt creation. In the U.K.,

Banking 110

Banking B2B Foreign Exchange Currencies 110

Global Finance

SEPTEMBER 25, 2024

Susanne Prager, head of cash management at Raiffeisen Bank International (RBI), discusses the challenges affecting global banking services and the need for the latest tech tools to help companies succeed in CEE and around the world. Global Finance: What are the overall trends impacting international banking transactions?

Banking 98

Banking Cash Management Compliance Currencies 98

PYMNTS

NOVEMBER 12, 2020

Christine Lagarde , European Central Bank (ECB) president, said the ECB could make its own digital currency within a few years, which could change up the eurozone financial sector drastically, Bloomberg reported. If it’s cheaper, faster, more secure for the users, then we should explore it.

Currencies 121

Currencies Banking Securities Retail 121

PYMNTS

DECEMBER 14, 2020

EMTECH is rolling out its new Modern Central Bank Sandbox, which will help to streamline regulatory reviews and test central bank digital currencies (CBDCs), a press release says. The platform will also help central banks that want to collaborate with innovators on new technology.

Banking 93

Banking Currencies Technology Securities 93

PYMNTS

DECEMBER 6, 2020

MonetaGo , which specializes in blockchain technologies, and GUUD Company , which focuses on making international trade smooth, have teamed up on international financial transaction security, MonetaGo announced in a press release. Both companies are based in Singapore. Going paperless has to happen.”.

Securities 82

Securities B2B Leadership Finance 82

Global Finance

DECEMBER 5, 2024

The platform, housed in the bank’s Digital Assets business, allows users to issue debt and cash offerings as tokenized assets and manage them throughout their lifecycle. The bank expects to make its final decision in 12 to 18 months, reported Bloomberg. “We

Currencies 52

Currencies Banking Securities Finance 52

Global Finance

JULY 16, 2024

Throughout its 30-year history, Converse Bank has been a trendsetter in Armenia. This began with it as the first bank since the country became independent to be set up with foreign investment – led by principal shareholder Eduardo Eurnekian, an Argentine-Armenian businessman. Being a pioneer seems to be in Converse Bank’s DNA.

Banking 98

Banking Currencies Accounting Leverage 98

PYMNTS

OCTOBER 7, 2020

Oracle Banking Payments announced Wednesday (Oct. We see great potential for banks that are competing against FinTechs and alternate networks when it comes to cross-border payments,” Sonny Singh , Oracle Financial Services’ executive vice president and general manager, said in a statement. The subsidiary of Oracle Corp.

Currencies 145

Currencies Banking Accounting Securities 145

PYMNTS

MAY 1, 2020

Any business that trades internationally or manages a global workforce will be familiar with the pain points of traditional cross-border wires and bank transfers. “They accept cryptocurrency, facilitate the exchange, charge a professing fee then transfer funds into a bank account in one or two days. . The Benefits To AR.

Currencies 68

Currencies Accounting B2B Reconciliations 68

PYMNTS

SEPTEMBER 21, 2020

Gross negligence – or evidence of a battle waged by banks that requires new, high-tech weaponry? To that end, and as reported by BuzzFeed , documents submitted by banks to the U.S. The headlines blare a chorus: Banks are not doing their jobs. In terms of dollar amounts, Deutsche led the pack at $1.3 billion in fines.

Banking 139

Banking Leverage Technology Compliance 139

Global Finance

JANUARY 9, 2025

Incorporated in Hong Kong in 1918, BEA is a leading global bank listed on The Stock Exchange of Hong Kong, and operates one of the largest local branch networks. In the Chinese Mainland, BEAs presence dates back to the opening of the Banks Shanghai branch in 1920. Morgan, BlackRock, Janus Henderson, Schroders, and BEA Union Investment.

Foreign Exchange 52

Foreign Exchange Currencies Banking Investments 52

PYMNTS

NOVEMBER 1, 2020

Acting Comptroller Brian Brooks , speaking on a podcast recently, said banks in the U.S. were exploring ways to adopt crypto after the Office of the Comptroller of the Currency (OCC) made a decision over the summer letting banks provide custody of crypto. The bank will expand to over 100 by next year, according to the report.

Banking 84

Banking Currencies Securities Numbers 84

PYMNTS

JUNE 24, 2020

The Australian Securities & Investment Commission (ASIC) has reported an increase in the volume of investment scam reports by investors and consumers in Australia amid the pandemic, according to a press release. Scammers will many times ask for payment to an individual or firm into many or continuously changing bank accounts.

Currencies 67

Currencies Banking Investments Economics 67

PYMNTS

DECEMBER 18, 2020

18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. CVC" stands for "convertible virtual currency" – a category of digital products that can serve as currency. Bitcoin is a popular example.

Treasury 141

Treasury Currencies Securities Banking 141