Strategic Treasurer

OCTOBER 14, 2022

Details were gathered about banks’ concerns and recommendations for client security, corporate payment complexity, volumes, currencies, challenges, plans for technology use, and more. Among the top findings were the following points: Multiple Systems and Security Fraud Management Top List of Payment Challenges. Media Contacts.

Securities 52

Securities Investments Planning Treasury 52

Future CFO

MARCH 21, 2022

Three years after Danone Asia implemented a cloud strategy to its treasury management system, boosting its visibility and control, Pulat Yunusmetov , Danone Asia regional treasury manager, urges companies - on a similar cloud journey - to buck the conventional wisdom of going after the cheapest solution in the market. “Do

Budgeting 52

Budgeting Treasury Risk Management Currencies 52

PYMNTS

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. It stands to reason that firms that have been around for decades, with far-flung operations and payments done across multiple currencies, have a range of legacy systems in place with less-than-efficient processes entrenched in back-office functions.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

OCTOBER 8, 2019

Citi is leveraging a newly formed strategic partnership with Cachematrix to create an online investment gateway for money market funds (MMF), Citi announced in a press release on Tuesday (Oct. Cachematrix , a software as a service (SaaS) FinTech, specializes in making cash control easier.

Investments 40

Investments Foreign Exchange Treasury Cash Management 40

PYMNTS

MARCH 6, 2018

New research from Asset Benchmark Research suggests ties with regulators and even reputation are not the number one priority for corporate treasurers looking for a cash management provider. Only 13 percent said they decreased the number of cash management solution providers with which they were working.

Banking 43

Banking Benchmarking Treasury Cash Management 43

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

MARCH 14, 2019

For corporate treasurers, Manish Kohli, global head of payments and receivables at Citi , told PYMNTS’ Karen Webster, three concerns tend to top the list: geopolitical uncertainty, cyber threats and disruption resulting from the emergence of new business models in an interconnected global market.

Cash Management 77

Cash Management Currencies Corporate Finance Treasury 77

PYMNTS

SEPTEMBER 6, 2017

The company’s latest 2017 Global Corporate Treasury Survey was recently published, and it’s not surprising that, since its 2015 report, Deloitte found that treasurers continue to face new pressure from their executive committees and boards to become a strategic, value-added role within the enterprise. Technology Tripping Up Treasury.

Treasury 43

Treasury Risk Management Cash Management Currencies 43

CFO Simplified

OCTOBER 10, 2023

Think in terms of Treasury Management. How the bank can handle and manage the money that moves through your accounts. Know the Market – As your business has grown over the years, its needs have changed. For example, your need for a line of credit to help fund your growth, or for different cash management services.

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Such visibility enables real-time analysis of risk exposures for more agile FX hedging and risk management.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

SEPTEMBER 30, 2016

A new survey by JPMorgan finds corporate treasurers consider China’s recent currency exchange rate reforms to have had the most impact on their businesses. interest rates and emerging markets slowdown as top issues. interest rates and emerging markets slowdown as top issues. Reports on Thursday (Sept.

Currencies 67

Currencies Cash Management Economics Banking 67

Future CFO

AUGUST 24, 2020

Further uncertainty comes from capital markets, for example, currency exchange rates, interest rates and commodity prices; impacting near term liquidity situation.

SAP 40

SAP Treasury CFO Credit Risk 40

PYMNTS

MARCH 2, 2016

Ripple provides the infrastructure for blockchain-fueled cross-border payments in an effort to progress towards what the company calls the Internet of Value — a market in which money moves across borders securely and quickly, just like information moves throughout the Internet. Banks can hold their local currency and keep just one account.

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

JULY 24, 2017

In its quarterly earnings call, Fifth Third had President and CEO Greg Charmichael reflect on the quarter and the current market climate. The cloud treasury and finance management solution provider released its 1H 2017 results last week, highlighting what Kyriba said was record sales growth at 43 percent for the half.

B2B 46

B2B SAP Profit and Loss Forecasting 46

Strategic Treasurer

JANUARY 3, 2022

Host Craig Jeffery kicks off the 2022 Outlook series with a conversation with Jon Paquette, Senior Financial Solutions Expert at TIS (Treasury Intelligence Solutions), on the outlook of payments. They discuss technology developments that will likely have the biggest impact on treasury in 2022. Host: Craig Jeffery, Strategic Treasurer.

Treasury 52

Treasury Cash Flow Forecasting Forecasting Banking 52

Future CFO

DECEMBER 11, 2023

In the US, the US Federal Reserve is set to introduce to the local market FedNow – an instant payment solution that will enable customers of participating banks and credit unions to instantly send and receive money transfers outside of traditional banking hours. Efforts are underway in other markets to facilitate cross-border e-payments.

Banking 98

Banking Finance CFO Leverage 98

Future CFO

JANUARY 21, 2021

The new risks and market changes that COVID-19 ushered altered business norms. As liquidity became a significant concern for organizations, the Treasury Department was asked to monitor inflows and outflows more closely. Decision-makers demanded real-time data across a multitude of projects as they navigated the new normal market.

Treasury 52

Treasury Foreign Exchange CFO Currencies 52

PYMNTS

MAY 10, 2016

Considering the rise of digital currency, electronic payments, the Internet of Things and Big Data, that revolution may already be upon us. According to analysts, these money managers are already upgrading their use of next-level financial management tools, turning away from traditional cash management services, like bank loans.

Manufacturing 40

Manufacturing Analyzing Data Finance CFO 40

Future CFO

AUGUST 22, 2019

What can be changed is the linked currency, which is now the US dollar, and the range of the linked exchange rate level.”. When the HKD weakens to 7.85, the HKMA purchases the currency and that results in a fall of the HKD liquidity. Interest rates will then rise versus the greenback. and 7.85, Pang explained. level to 7.82

Banking 40

Banking Currencies Forecasting Foreign Exchange 40

Future CFO

SEPTEMBER 23, 2019

After a blockchain-enabled instant global payment service by California-based Ripple hit the market last year, incumbent SWIFT said Tuesday it has launched a service to deliver global instant payments by integrating gpi into domestic instant payments systems around the world.

Foreign Exchange 40

Foreign Exchange Currencies Banking Technology 40

CFO Leadership

MARCH 31, 2022

Five steps to improve global cash visibility. Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. They struggle to keep an overview on their cash and risk positions. In the dark about global cash?

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

JANUARY 22, 2021

While the corporate treasurer's fundamental role has remained steady, the treasury function has seen dramatic impacts from a changing market that is increasingly moving toward real time. Yet, it's when these two techniques are combined that a treasurer can truly optimize liquidity management across borders and currencies.

Treasury 103

Treasury Concentration Currencies Banking 103

PYMNTS

JANUARY 28, 2021

The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment. GTreasury will be directly integrated into BNY Mellon's LiquidityDirect money market funds investment platform.

Banking 60

Banking Treasury Cash Management Invoicing 60

PYMNTS

JANUARY 17, 2019

has scored a $95 million credit facility from Goldman, and it seems the cash advance market is catching the attention of the company, too. Cash management,” the CEO said on the call, “presents a logical area for us, given the breadth of our corporate relationships, and the size of that wallet,” which points to revenue possibilities.

Investments 74

Investments Cash Management Treasury CFO 74

PYMNTS

MARCH 4, 2020

trillion global tourism industry, and Facebook is reportedly considering revising the structure of its proposed Libra currency. HSBC On The Next Phase Of Treasury APIs. Libra Stumbles, Coronavirus Gains Show Pitfalls Of A ‘Global’ Currency. Here’s why when it comes to currencies, one size does not fit all.

Currencies 52

Currencies Treasury Cash Management B2B 52

PYMNTS

SEPTEMBER 18, 2019

Services include cash management and cross-border payment and currency conversion across APIs. The services are offered across several core product suites, including Travelex Business Cash, Travelex Business Pay and Travelex Business Cloud. The latter offering includes multi-currency processing.

Foreign Exchange 68

Foreign Exchange Treasury Currencies B2B 68

PYMNTS

NOVEMBER 14, 2018

Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury.

Banking 78

Banking Treasury Forecasting Corporate Finance 78

Future CFO

NOVEMBER 2, 2023

One of the product's capabilities allows users to lock and hold an FX rate for up to 24 hours and settle FX conversions on a future scheduled date, which helps businesses mitigate the risk of currency fluctuations and improve cash flow, the firm added.

Currencies 52

Currencies Foreign Exchange Marketing Cash Management 52

PYMNTS

FEBRUARY 29, 2016

In this week’s Data Digest, we take a trip around the world to uncover the evolving habits of business payments and cash management. Hitting the milestone, Citi’s Treasury and Trade Solutions said, means businesses’ banking needs are evolving. The tablet version of the corporate banking tool was launched soon thereafter.

Banking 40

Banking Valuation Treasury Cash Management 40

Planful

JANUARY 3, 2017

Accounts receivable and collections management. Fixed asset management. Treasury and cash management. Most ERP systems are built and deployed using a relational database management system (RDBMS), which is optimized for high-volume transaction processing. Accounts payable. Order processing and billing.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

PYMNTS

MARCH 10, 2016

When it comes to the economy, SMEs might just be the Cinderellas of the market — without the fairy tale ending. Technology has advanced to such an extent that banks can now properly service a scale market,” Rayfield continued. “It This customer segment also expressed a lack of liquidity management services from their banks, too.

Banking 41

Banking Concentration Treasury Cash Management 41