PYMNTS

MAY 29, 2019

The Treasury Department announced Wednesday (May 29) in a report to Congress that of the 21 major U.S. trading partners, only nine need further scrutiny because of their currency practices. Reuters noted that report in October didn’t name China or any trading partner as a currency manipulator. trade deficit.

Currencies 75

Currencies Treasury Accounting Banking 75

PYMNTS

JULY 6, 2020

“Today, we are making a significant investment to build this market and with highly differentiated offerings providing both private and business clients the opportunity to choose a long-standing industry expert as their payments and FX currency partner.”. or in other countries.

Currencies 79

Currencies Foreign Exchange Risk Management Treasury 79

PYMNTS

JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In response to Mnuchin’s comments, Facebook told CNBC that “they anticipated critical feedback from regulators, central banks, lawmakers around the world.”

Treasury 75

Treasury Securities Currencies Financial Systems 75

PYMNTS

JANUARY 21, 2021

In today’s top news, President Biden is expected to pick Michael Barr to head the OCC, and Janet Yellen, Biden’s pick for Treasury Secretary, is expected to take a hard stance toward crypto. Biden’s Treasury Pick Yellen Leary Of Crypto. challenger bank. Q4 Earnings Reports Show Mobile Banking’s Surge.

Treasury 72

Treasury Currencies Healthcare Banking 72

Simply Treasury

JUNE 3, 2021

Every year, EACT launches a treasury survey to identify top priorities for Corporates. Treasury top priorities. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

OCTOBER 10, 2019

Bank of America (BoA) may have hired a treasury product manager to work with Ripple. According to Cointelegraph , the bank recently took down a job listing about the position on LinkedIn. However, things seem to be changing this year, as the bank applied for a patent for a digital currency wallet in August.

Treasury 76

Treasury Currencies Finance Banking 76

CS Lucas

JANUARY 20, 2021

Digital landscapes make dealing with payments, across multiple currencies and banking relationships easier to visualize and quicker to execute. In this webinar, CEO of CS Lucas, CS Tan – makes the case for Treasury Management Systems and showcases our new free TMS solution: CS Lucas Essentials. .

Treasury 52

Treasury Currencies Securities Banking 52

PYMNTS

MARCH 2, 2020

Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

Treasury 71

Treasury Currencies Investments Banking 71

PYMNTS

DECEMBER 10, 2019

The provider’s new Money Transfer API supports fund transfers directly into overseas bank accounts, while another API supports money settlement in local currencies to spare recipients from the frictions of handling conversions. Banks are also turning to APIs to support their regulatory work.

Treasury 52

Treasury Accounts Payable B2B Banking 52

PYMNTS

SEPTEMBER 24, 2020

Between the Office of the Comptroller of the Currency clearing the way for financial institutions (FIs) to embrace stablecoin, and The Clearing House's latest real-time payments (RTP) push, new payment rails continue to gain traction. OCC Clears Banks For Stablecoin. According to Acting Comptroller of the Currency Brian P.

B2B 75

B2B Banking Currencies Treasury 75

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

APRIL 24, 2020

Treasury ordered public companies to return Paycheck Protection Program (PPP) loans. The People’s Bank of China (PBOC) is launching a pilot program to trial its new digital yuan with 19 local businesses, including the U.S. Treasury Directs Public Firms To Return Small Business PPP Money. chains Starbucks, Subway and McDonald’s.

Treasury 58

Treasury Prioritization Currencies Economics 58

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

CS Lucas

FEBRUARY 10, 2020

Regular readers of Singapore’s leading daily business publication, The Business Times, will recall an article published earlier in July discussing survey results from PricewaterhouseCoopers’ inaugural Asian-focused treasury survey. We believe in doing the right things right, getting straight answers to complex financial questions.

Treasury 40

Treasury Risk Management Currencies Accounting 40

PYMNTS

JULY 13, 2020

The nation’s banks hoping to use COVID-19 as an excuse to shutter branches or get permanent concessions from regulators better think again, the Financial Times reported. Brian Brooks , Acting Comptroller of the Currency, an independent agency within the U.S. Brooks told U.S. Brooks told U.S.

Banking 68

Banking Currencies Treasury Financial Systems 68

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. 10) press release. “Our 10) press release. and Ireland at SWIFT. .

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

FEBRUARY 5, 2020

In today’s top payments news, former Bank of France Governor Christian Noyer said a centralized, global eCurrency is still at least a decade away, the U.S. Former BoF Gov: Central Bank Coin Currency At Least A Decade Away. economy could lose $10.3 US Economy Could Lose $10B To Chinese Travel Ban. economy $10.3

Currencies 52

Currencies Banking Restructuring B2B 52

PYMNTS

JANUARY 23, 2020

The acceleration of the movement of money is likely to have significant implications for how organizations of all kinds – particularly banks and financial institutions (FIs) manage liquidity. Indeed, faster payments can support banks’ need to get cash where it needs to go in a timely manner. Real-Time Predictability.

Banking 96

Banking Treasury Currencies Accounting 96

PYMNTS

OCTOBER 13, 2020

banking license, and a central bank digital currency would exist alongside cash. Revolut Eyes US Bank Charter. London-based digital bank Revolut, the continent's largest such institution with 13 million users, is close to applying for a U.S. banking license. with interstate agreements.

Banking 52

Banking Treasury Currencies B2B 52

PYMNTS

SEPTEMBER 26, 2018

Not only do the founders of projects raising funds via ICO rarely have a background in treasury management, but the nature of the current crypto ecosystem means these innovators need guidance, Siemer told PYMNTS in a recent interview. It’s another gap in the market giving rise to FinTech firms addressing this issue. ”

Treasury 65

Treasury Startups Auditing Corporate Finance 65

PYMNTS

MARCH 6, 2020

We have deep dives into treasury application programming interfaces (APIs) and buy now, pay later (BNPL), as well as a report on Robinhood ’s trading app outage that occurred earlier this week. HSBC on the Next Phase of Treasury APIs (B2B API Tracker). Libra’s Stumbles, Coronavirus Gains Show Pitfalls of a ‘Global’ Currency.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

Musings on Markets

JANUARY 27, 2021

In this post, I will take a look at these other markets, starting with a way of dividing investments into assets, commodities, currencies and collectibles that I find useful in thinking about what I can (and cannot) do in those markets, and then reviewing how these markets performed during 2020. Currencies : A currency serves three functions.

Currencies 52

Currencies Investments Marketing Treasury 52

PYMNTS

DECEMBER 10, 2019

Policymakers at the European Central Bank (ECB) will meet in Frankfurt on Wednesday (Dec. Members of the Governing Council anticipate informal discussions about digital currency, which will take place ahead of a Thursday (Dec. Lagarde has vocalized that she favors central banks releasing electronic money.

Banking 54

Banking Currencies Treasury Economics 54

Musings on Markets

JANUARY 27, 2022

By the end of 2021, it was clear that this bout of inflation was not as transient a phenomenon as some had made it out to be, and the big question leading in 2022, for investors and markets, is how inflation will play out during the year, and beyond, and the consequences for stocks, bonds and currencies.

Treasury 84

Treasury Currencies Investments Numbers 84

CFO News Room

JANUARY 9, 2023

By the start of 2022, the window for early action had closed and for much of this year, inflation has been the elephant in the room, driving markets and forcing central banks to be reactive, and its presence has already induced me to write three posts on its impact.

Treasury 130

Treasury Valuation Currencies Forecasting 130

PYMNTS

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., where challenger banking has flourished in recent years. has been nowhere near other markets like Japan and Switzerland in embracing digital assets within the banking arena, though it’s not necessarily a surprise.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

SEPTEMBER 14, 2016

Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller of the Currency said the agency will roll out a new framework for regulating marketplace lending. The agency regulates, supervises and charters national banks and is an independent bureau within the Treasury.

Currencies 57

Currencies Planning Treasury Banking 57

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. Fraud, he said, also remains top of mind for organizations.

Treasury 41

Treasury Compliance Auditing Currencies 41

CS Lucas

APRIL 28, 2023

This article provides an overview of the integration between banks and the CS Lucas Treasury Management System, highlighting the benefits, methods, and costs of integration. Increased efficiency: Manual retrieval and preparation of banking files can be time-consuming and tedious.

Banking 52

Banking Reconciliations Transportation Securities 52

PYMNTS

NOVEMBER 28, 2017

comptroller of the currency on Monday to serve as the leading regulator of national banks. According to news from Reuters , Otting, a former banking executive and associate of U.S. Treasury Secretary Steven Mnuchin, will oversee big banks, such as Bank of America , JPMorgan Chase & Co. and Wells Fargo.

Currencies 40

Currencies Treasury Banking Economics 40

PYMNTS

JANUARY 18, 2018

Treasury’s financial crime unit is picking up enforcement of cryptocurrency platforms that don’t have strong internal mechanisms in place to prevent money laundering, according to a report in Reuters. Sigal Mandelker, the U.S. if they don’t have the proper safeguards in place. “The He noted that the U.S.

Treasury 47

Treasury Currencies Banking Marketing 47

PYMNTS

JANUARY 14, 2021

Plus, new concerns mount in Sweden over the rise of Central Bank Digital Currencies and their implications for the traditional banking system. Wells River Savings Bank Joins The RTP Network. Modern Treasury Raises Funding To Accelerate B2B Payments. Sweden Considers Implications Of Digital Currency.

Accounts Payable 62

Accounts Payable Treasury Currencies B2B 62

PYMNTS

SEPTEMBER 25, 2018

In the drive to modernize treasury operations, mind the gap — o r gaps. As it turns out, there may be a disconnect between what treasury professionals need in their day-to-day endeavor of cash management and what their service providers think they need.

Treasury 55

Treasury Cash Management Securities Prioritization 55

PYMNTS

MARCH 30, 2020

The Banque de France is seeking applications “to experiment with a central bank digital currency for interbank settlements,” according to an announcement from the French central bank. Bitget, which was started in 2018, offers institutional and retail investors digital currency trading services.

Currencies 98

Currencies Treasury Banking Retail 98

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

PYMNTS

OCTOBER 31, 2016

The Office of the Comptroller of the Currency (OCC) disclosed it was hacked in September, reported The Wall Street Journal last week. According to the report, the banking regulator said the data breach had to do with a former employee at the agency removing more than 10,000 records without receiving authorization to do so.

Currencies 74

Currencies Treasury Banking Numbers 74

PYMNTS

SEPTEMBER 16, 2020

The Treasury Department has sanctioned two individuals from Russia for their alleged participation in a purported complicated phishing effort, according to a Wednesday (Sept. Kraken will be the first newly charted bank in Wyoming as of 2006, Coindesk reported, citing the general counsel for the Wyoming Division of Banking.

Banking 55

Banking Currencies Treasury Accounting 55