Global Finance

SEPTEMBER 4, 2024

Global Finance magazine interviewed Brazil Central Bank President Roberto Campos Neto, who has been at the helm since February 2019. In this interview, Campos Neto shares his insights on the global economy, Brazil’s economic outlook, the resilience of Latin American economies, and the importance of central bank independence.

Banking

PYMNTS

JUNE 21, 2019

Banks are increasingly looking for ways to monetize the large troves of data they hold on customers, be it with credit card sales or offering discounts on a customers’ special interest, like food or fashion, Reuters reported. Banks also don’t disclose how much money they’re making from data mining.

Banking

PYMNTS

DECEMBER 14, 2020

“[Circumstances] have underscored the singular importance of artificial intelligence (AI) in managing credit risk as well as supporting other bank operations. Better credit management is just one benefit AI can confer to banks, however,” per the Playbook. Smarter, Faster Decisioning. It also found that 63.6

Credit Risk

PYMNTS

JULY 18, 2019

For some CU members, those personalized offers might include credit cards from those specific, usually locally-focused bank competitors. percent of credit card debt is held by banks — meaning CUs need a broader focus when it comes to the services and digital tools they offer members. Credit Cards. percent from the year prior.

Banking

Global Finance

SEPTEMBER 9, 2024

Cash flow forecasting is a top priority for treasurers, says Niki van Zanten, a former corporate treasurer and now a consultant at TreasurUp, a Netherlands-based fintech serving banks. They need to see very clearly which data sources they have,” he says, “and they like to use data sources they already know.

Treasury

PYMNTS

JANUARY 21, 2021

The January Real-Time Payments Tracker® examines how fraudsters seek to compromise and abuse real-time payments systems and how advanced learning tools, robust data analysis and other strategies can help banks and businesses detect, deflect and defuse such attacks. Around The Real-Time Payments World.

B2C

PYMNTS

OCTOBER 22, 2018

In addition, CGI HotScan360 allows banks to integrate certain modules with other systems or omit them, and meet compliance for regulations such as the second Payment Services Directive (PSD2), General Data Protection Regulation (GDPR) and Single Euro Payments Area (SEPA) instant payment requirements.

Compliance

Global Finance

SEPTEMBER 6, 2024

Changing customer expectations and the need to maintain a competitive edge continue to drive digital banking as both consumer and corporate banks rush to provide customer convenience, personalized services, and speed. This shift has empowered banks to improve user experiences while streamlining operations.

Banking

PYMNTS

MARCH 1, 2019

Developed by a London startup of the same name, AZTEC offers encryption of blockchain data at a lower cost, and with a more efficient process, than previous versions. It’s being tested by the most important bank in blockchain today. JPMorgan Quorum, actually,” AZTEC CEO Tom Pocock told CoinDesk.

Foreign Exchange

PYMNTS

MARCH 10, 2020

In an interview with PYMNTS, Matt Wilcox, senior vice president of payments innovation at Fiserv , said recent data points show that an increasing number of financial institutions (FIs) are determined to satisfy a real demand for real-time transactions. an FI must invest in technology that can support and maintain such efforts at scale.

B2C

PYMNTS

JULY 2, 2019

When reports last week in the Financial Times ( FT ) highlighted the thousands of offshore bank accounts frozen by Lloyds Banking Group , the news thrust the issue of anti-money laundering (AML) into the global spotlight, once again, as banks ramp up efforts to comply with more stringent regulations.

Compliance

Trade Credit & Liquidity Management

MARCH 19, 2025

From a Press Release Dated March 6, 2025, Schaumburg, Illinois (Photo by Çağlar Oskay on Unsplash ) Bectran, a SaaS platform for credit departments, has launched a faster bank verification method with built-in risk scoring.

Banking

CFO Leadership

MAY 31, 2023

Lingering questions remain regarding the full impact of a string of bank collapses. Data analysis and leadership were ranked by CFOs as the most important skills for new team members, outpacing more traditional competencies like accounting and project management.

Prioritization

Future CFO

JULY 17, 2023

Global corporate treasury leaders can serve as particularly essential strategic advisers right now— if they can harness the right data, analysis, and technology strategy to navigate choppy market conditions. BI and data lakes greatly enhance treasury analysis, insights, and reporting, enabling better decision-making.

Treasury

PYMNTS

DECEMBER 12, 2016

The sudden, mandated absence of these higher-denomination notes, along with all sorts of delays in getting new notes to where they needed, ad need to be — into the hands of citizens and even at banks themselves — has prompted a fresh look and usage of the nation’s cashless initiative, which Bloomberg noted “has struggled to gain traction.”.

Data Analysis

Centage

SEPTEMBER 14, 2021

Large or small business that use spreadsheets are taking a risk: Boeing leaked employees’ personal data in a hidden spreadsheet column. An investment bank analysis of Tesla ’s purchase of Solar City undervalued the company by $400 million after double-counting its debt in a spreadsheet.

Budgeting

PYMNTS

MARCH 18, 2019

Thasunda Duckett, chief executive of Chase Consumer Banking, told the news service she “hopes the new accounts will attract more low-income individuals and people who have never had bank accounts.” Financial inclusion is on the rise, as evidenced by these banking statistics. That rate, which represents about 8.4 million U.S.

Education

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. This trend is driven by the need for real-time data analysis and insights to make informed business decisions.

Invoicing

Future CFO

OCTOBER 21, 2021

Accounts payable, transaction processing, and bank statement processing are the top three priorities in terms of business workflow automation , according to a global survey of 800 executives by Kofax. When it comes to business workflow automation, which ones do enterprise executives think are the most important and deliver the greatest value?

Accounts Payable

PYMNTS

NOVEMBER 16, 2020

According to the press release, LIKEZERO will help to boost a new, more intelligent level of insight, helping banks, financial institutions (FIs) and other regulated businesses to analyze and extract insight and data from clients' clients.

Data Analysis

PYMNTS

APRIL 25, 2017

Consumers can now order and pay for pizza via Domino Pizza’s Messenger bot and check bank balances with ATB Financial’s Messenger banking bot. Within the past year alone, Facebook has been a major player in slowly working its way to improve the way businesses think about chatbots.

Data Analysis

PYMNTS

SEPTEMBER 11, 2018

Despite the influx of mobile banking and payment options, plastic card use, and a focus on financial infrastructure, cash remains heavily cemented in the Middle Eastern and African economies. Seventy-five percent of adults in South Africa now possess bank accounts, compared to just 60 percent of adults in Turkey. trillion by 2021.

Data Analysis

PYMNTS

MARCH 18, 2019

Worldwide, banks paid out approximately $321 billion between 2009 and 2016, for example, because they failed to comply with money laundering, terrorist financing and other regulations. . banks increasing their AML compliance staffing tenfold between 2012 and 2017, according to one report. Financial and Ethical Security Strategies.

Compliance

PYMNTS

NOVEMBER 4, 2016

The PYMNTS.com Global Cash Index™ Poland Analysis also features an interview with Joanna Erdman, director of core service and non-banking products at mBank, one of the largest banks in Poland. Since 2000, there has been a 289 percent increase in the number of ATM terminals in Poland, to 20,531 ATMs in 2014.

Data Analysis

PYMNTS

JANUARY 25, 2018

This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. Some companies, like Cross River Bank of Teaneck, New Jersey, have launched services to ease consumers’ access to physical cash notes by tapping into the convenience of the existing financial infrastructure. Given its high usage in the U.S.,

Banking

Barry Ritholtz

APRIL 9, 2024

Since it’s been a few months, I thought we could take a quick look at the Federal Reserve Bank of Philadelphia’s State Coincident Indicators out for both January and February 2024.1 Between book leave and COVID I have been pretty quiet lately.

Manufacturing

Centage

MAY 23, 2023

It’s also impacting businesses, with companies of all sizes struggling to achieve their goals without breaking the bank. Not only can you integrate budgeting, forecasting, and deep data analysis, but you can also identify and present opportunities to your team.

Budgeting

PYMNTS

SEPTEMBER 4, 2019

The site reported that as part of the authority’s “Banking Made Easy” program, lenders are now allowed to use big data analysis to examine and approve credit applications. The company said in a release this week that cementing new banking partnerships will help meet new financial services needs in the post Open Banking era.

Cash Management

PYMNTS

DECEMBER 8, 2020

Many banks and government regulators have a growing sense of distrust in cryptocurrency exchanges due to this widespread lack of compliance. A study from PwC found that 47 percent of American banks and 40 percent of European banks reported that regulatory compliance is their primary challenge this year.

Compliance

Barry Ritholtz

JUNE 17, 2024

These reflect the economic dominance of one specific part of the economy or another for very long periods of time.

Concentration

PYMNTS

JULY 8, 2020

Leveraging Mastercard insights, the expanded ShopOpenings.com, built in partnership with data analysis company Sixth Sense, provides customers with an updated place to determine which local shops and businesses are open, Mastercard said. This includes businesses reopening after closing in response to the COVID-19 pandemic. “At

Data Analysis

Barry Ritholtz

JUNE 26, 2023

(September 1, 2022) The Post-Normal Economy (January 7, 2022) 10 Bad Takes On This Market (May 19, 2023) Sources : State Coincident Indexes Current Report ( PDF ) Federal Reserve Bank of Philadelphia, May 2023 The post What Recession? appeared first on The Big Picture.

Forecasting

PYMNTS

NOVEMBER 30, 2017

As of 2016, total banknotes in circulation grew by 10 percent to reach £70 billion — the fastest growth in a decade, according to the Bank of England (BoE). As with other developed economies, a growing adoption of online and mobile banking in the U.K. has led to a reduction of the physical footprint of bank branches.

Data Analysis

PYMNTS

JULY 21, 2020

One of the biggest points of friction, according to Kaufmann, is the struggle in managing an array of banking relationships that results from this expansion. “And even once those connections are in place, accessing data through multiple bank portals, or even through a TMS [treasury management system], often requires manual work.”

Treasury

Centage

MARCH 30, 2022

When you have cash in the bank, you can rest assured knowing you don’t have to panic and close up shop during less profitable months. After all, even the most successful businesses sometimes go through lean periods, a fact that business owners who survived the pandemic know all too well.

Cash Flow Forecasting

Future CFO

AUGUST 30, 2023

Top industries in Hong Kong expected to hire thoughout 2023 include banking and finance, technology, and sustainability, said Hays recently when releasing its 2023 Hays Asia Salary Guide. Hays provides an analysis of these top industries in Hong Kong that will continue to hire in the year. The recruitment agency projected a 43.9%

Data Analysis

Global Finance

JULY 26, 2024

Partnering with banks for expertise and resources to hold on to the competitive edge. Partnering with banks can help treasurers access the best tools, expertise, and resources needed to stay competitive. Citi is a double winner, as Best Bank for Cash Management and for Best Corporate Cross-Border Payments Solution.

Cash Management