Simply Treasury

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. A “Bank Single Gateway” is no longer a "plus", but a "must" that every fund servicer or fund should have.

Banking 147

Banking Reconciliations Treasury Securities 147

CFO News

MARCH 14, 2023

How did the risk management committee at the US bank not see the collapse coming, wonder Indian experts while also questioning the role of the auditors.

Banking 105

Banking Risk Management 105

Reval

MAY 17, 2017

Want to know what your peers are reading on treasury and risk management ? Case Study: How Jaguar Land Rover Improved FX Risk Management. Case Study: How Jaguar Land Rover Improved FX Risk Management. Fact Sheet: Technology to Automate Global Bank Connections. Download the Fact Sheet.

Risk Management 52

Risk Management Treasury Manufacturing Compliance 52

PYMNTS

JUNE 19, 2020

In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumen net eFX offering. The bank said it was teaming with FX technology company Kantox through an arrangement that would let BNP Paribas provide Kantox’s Dynamic Hedging software to business clients.

Risk Management 64

Risk Management Foreign Exchange Treasury Banking 64

PYMNTS

DECEMBER 19, 2018

19) that it has inked a partnership deal with Feedzai, an artificial intelligence (AI) developer for real-time risk management across banking and commerce. Citi is one of the most successful banks in the world for a reason, because they invest in their customers’ experience,” said Nuno Sebastiao, Feedzai CEO and co-founder.

Risk Management 65

Risk Management Treasury Banking Investments 65

CFO News

DECEMBER 27, 2023

The Reserve Bank of India (RBI) has raised concerns over high levels of gross non-performing assets (NPAs) in urban cooperative banks, despite improved profitability indicators.

Banking 52

Banking Risk Management 52

PYMNTS

MARCH 26, 2018

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally that four top risk management executives would be retiring. The corporate risk group now has more power to stop or modify business activities, noted the report.

Risk Management 40

Risk Management Compliance Currencies Banking 40

CFO News

AUGUST 30, 2023

The Reserve Bank of India (RBI) has urged the directors of Urban Co-operative banks (UCBs) to enhance governance practices to ensure stability. RBI governor Shaktikanta Das highlighted the importance of a professional Board of Management and emphasised the need to strengthen compliance, risk management, and internal audit.

Banking 52

Banking Auditing Risk Management Compliance 52

Strategic Treasurer

MARCH 20, 2023

Bank Fee Management Webinar Series: Bank Account Management and Structures May 16 and 17 Register Now Dates / Times Tuesday, May 16, 2023 11:00 AM – 11:30 AM EDT Wednesday, May 17, 2023 2:00 PM – 2:30 PM EDT Where This is an online event Speakers Jason Campbell, Strategic Treasurer Craig Jeffery, Strategic Treasurer Hosted By 0.6

Accounting 52

Accounting Banking Risk Management Cash Management 52

Future CFO

MARCH 23, 2023

While CFOs are mitigating bank failure risks, businesses are worried about a spillover to Asia Pacific. According to Fitch , APAC banks are resilient to the recent bank failure risks. We believe the risk of deposit volatility could be significant for digital banks in APAC,” Fitch said.

Banking 52

Banking Valuation Concentration Risk Management 52

Future CFO

OCTOBER 12, 2022

OCBC bank has announced the appointment of Goh Chin Yee as the new CFO. Goh joined the bank as a management trainee in 1988 and was named head of group audit in 2013, having stints across different divisions in the bank including corporate planning, investment research, asset management, risk management, and global treasury, OCBC Bank said.

CFO 52

CFO Banking Auditing Treasury 52

PYMNTS

MARCH 12, 2020

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. Below, PYMNTS rounds up the latest tie-ups and data sharing efforts as institutions explore how open banking models might accelerate their modernization efforts.

Banking 77

Banking B2B Risk Management Finance 77

Planful

MAY 24, 2017

This was the focus of the New Jersey Chapter of the CFO Leadership Council at its May 2017 panel discussion titled “How Much Risk Is in Your Risk Management?” Moderated by Angela Tise of the CFO Leadership Council, the panel included Claire Doherty, Director of the Risk Consulting Practice at KPMG, Brian J.

Risk Management 40

Risk Management Prioritization CFO Leadership 40

Future CFO

MAY 20, 2022

The finance operating model is shifting and the pressure on banks’ finance teams to do more with less has never been greater. Forward-looking CFOs are on the frontlines of banking innovation, modernising their finance functions so that their teams can spend less time closing the books and more time delivering business insights to the C-suite.

Finance 52

Finance Banking Risk Management Cost Management 52

Future CFO

JULY 18, 2023

Higher interest rates raise risks for non-bank financial institutions globally, said Moody’s recently. Given higher interest rates and lower growth, distress in the largely unrated non-bank financial institution (NBFI) sector globally could have spillover credit impacts on many other sectors, the credit rating agency noted.

Banking 52

Banking Leverage Risk Management Financial Systems 52

PYMNTS

NOVEMBER 3, 2020

In today’s top news in digital-first banking, digital payments network Zelle crossed over the one-billion transaction mark, while China’s tests of a digital yuan have processed over four million transactions. Plus, Bloomberg clients will now have the capacity to use the company’s terminal to look at Credit Benchmark’s risk data.

B2C 122

B2C Banking Benchmarking B2B 122

PYMNTS

DECEMBER 5, 2018

. “I would characterize it as a Big Data issue — it’s very intimidating to get started in third-party risk management,” Simkins said. ” Inexperienced or unfamiliar professionals may take a bottom-up approach to third-party risk management, analyzing risk on a vendor-by-vendor basis.

Securities 76

Securities Banking Risk Management Credit Risk 76

PYMNTS

APRIL 2, 2020

Every interaction tells banks what customers actually want, meaning FIs just need the right tools to interpret this data. billion by 2025, with banks of all sizes leveraging such capabilities. Data analytics can give banks valuable insights into their customers’ financial lives and help them offer tailored financial products.

Banking 94

Banking Risk Management Credit Risk Valuation 94

PYMNTS

OCTOBER 1, 2020

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. PYMNTS rounds up the latest partnerships and initiatives below. Barclays & Propel. SMBs] are the lifeblood of the U.K.

Finance 91

Finance Banking Foreign Exchange Invoicing 91

Planful

OCTOBER 25, 2016

Another panelist highlighted their investment in inventory, as well as managing growth in the business. How do you balance the core responsibilities of Finance with risk management? Making timely, relevant, and accurate data available across the business is critical to effective decision-making and risk management.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

PYMNTS

MAY 22, 2020

While FinTechs are, in many ways, useful allies to banks, traditional FIs can also be a critical partner to FinTechs that lack the resources or opportunity to acquire their own banking license. This is where a bank collaboration can become particularly valuable.

Economics 104

Economics Banking Risk Management Compliance 104

PYMNTS

DECEMBER 9, 2020

Managing credit risk used to be a reactive process. Bank customers would fall behind on their payments, and their banks might react by imposing fees or having a case manager work with them to bring their accounts back up to speed. This was not only costly for customers, but also financially dubious for their banks.

Credit Risk 98

Credit Risk Banking Risk Management Planning 98

Future CFO

APRIL 26, 2023

The talent challenge is now becoming a table stake for all leaders, with 55% of respondents to the same PwC Pulse Survey acknowledging this as a serious business risk, 78% that plan to enhance their cyber risk management, and 42% who want to see accountability for climate change governance being assigned to a person-in-charge.

CFO 98

CFO Financial Planning and Analysis (FP&A) Risk Management Budgeting 98

PYMNTS

MAY 27, 2020

More consumers are turning to the omnichannel offerings of banks and credit unions (CUs) as they follow stay-at-home mandates, and cybercriminals are eager to launch attacks that make use of these channels. Deep Dive: Why Banks Must Examine Customer Behaviors Across Channels. Around The FI Fraud Decisioning World.

Banking 98

Banking Treasury Risk Management Securities 98

PYMNTS

MARCH 20, 2020

Open banking’s impact on small- to medium-sized businesses (SMBs) continues to proliferate as traditional financial institutions (FIs) embrace the opportunity to unlock data for third-party platforms. ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S. .’s

Banking 93

Banking Finance Risk Management Invoicing 93

PYMNTS

SEPTEMBER 24, 2020

And as Lisa Shields , founder and CEO of FISPAN , told Karen Webster in a recent PYMNTS TV conversation, embedding banking products and services within enterprise resource planning (ERP) systems can pave the way for chief financial officers and treasurers to do far more than simply track cash balances and pay bills.

B2B 94

B2B Banking Treasury Risk Management 94

PYMNTS

MARCH 29, 2019

Federal Bank in India has partnered with blockchain payments company Ripple to facilitate cross-border payments, according to reports. Federal Bank confirmed the collaboration in an announcement to the Bombay Stock Exchange on Thursday (March 28). A central bank has to be on top to create regulations.

Banking 96

Banking Risk Management Currencies Economics 96

Future CFO

SEPTEMBER 26, 2023

To protect against instability with banking partners, nearly half of treasury departments appear to be focused on concentrating their organisations’ partnerships with larger banks for services (cited by 48% of respondents).

Treasury 52

Treasury Risk Management Concentration Economics 52

CFO Selections

AUGUST 14, 2023

The collapse of Silicon Valley Bank (SVB) was a sudden jolt to the banking system. This unexpected development has had far-reaching consequences, particularly regarding risk evaluation for Chief Financial Officers (CFOs) tasked with assessing and mitigating potential risks within their organizations.

Banking 52

Banking Risk Management 52

PYMNTS

JULY 28, 2019

The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved. It used to be a segment that banks thought was too difficult and too risky.

Banking 79

Banking Profit and Loss Construction Risk Management 79

PYMNTS

FEBRUARY 14, 2020

Starling Bank. digital bank Starling Bank said it raised £60 million (more than $ 78 million USD) in funding. Starling Bank said the funding will be used to expand operations and award shares to its employees. In the U.K., The total raised to date tops £320 million. CybelAngel.

Banking 52

Banking Concentration Risk Management Investments 52

PYMNTS

JANUARY 13, 2021

Ingo Money CEO Drew Edwards recently told PYMNTS that “Historically, banks have viewed FinTechs through an ‘us versus them’ lens — and rightly so, because, in so many cases, the banks were disintermediated or relegated to become ‘dumb vaults’ for the FinTechs they partnered with. Challenge And Opportunity For Lenders.

Banking 52

Banking Treasury Risk Management Financial Systems 52

PYMNTS

APRIL 26, 2017

A: A payment is a payment — but the automation and control of how you manage and protect your payments is largely underestimated. Think about connecting to banks in Brazil, China, France, Switzerland and the United Kingdom — all from your U.S.-based based organization, using the same platform to securely make and reconcile payments.

Risk Management 40

Risk Management Treasury Auditing Securities 40

CFO News

APRIL 3, 2024

"This landmark transaction marks a pivotal moment in credit risk management and underscores the growing sophistication of financial instruments in the Indian market," said Parul Mittal Sinha, Head - Financial Markets, India, Standard Chartered Bank.

Credit Risk 40

Credit Risk Risk Management Banking Marketing 40

PYMNTS

MARCH 17, 2019

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the country. A lot of companies are not [there] in terms of their business plan, in terms of their risk management process, in terms of their overall management,” he said. “A

Banking 77

Banking Risk Management Communication Finance 77

PYMNTS

JULY 30, 2020

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. The new system, slated to debut in 2022, will also have the capability to handle a central bank digital currency (CBDC), such as a digital pound, CoinDesk reports.

Currencies 63

Currencies Banking Risk Management Financial Systems 63