PYMNTS

NOVEMBER 7, 2016

4) it inked a partnership with Banque Régionale de Marchés (BRM) to provide a digital currency in the West African Economic and Monetary Union (WAEMU). The company noted that the digital currency is a high security digital instrument that can be used in all mobile money and eMoney wallets. ECurrency Mint announced Friday (Nov.

Currencies 73

Currencies Securities Compliance Banking 73

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. We need to take data protection seriously and ensure compliance to its entirety," he affirms.

Economics 59

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

Future CFO

FEBRUARY 19, 2025

Streamlining global financial management for growth, compliance, and stability comes hand in hand with an organisation's expansion, a benefit offered by cross-border virtual CFO services.

CFO 52

CFO Compliance Leadership Currencies 52

Cube Software

APRIL 3, 2025

The consolidation process typically includes aggregating financial results, eliminating intercompany transactions, handling currency conversions, and ensuring compliance with accounting standards like the International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles GAAP.

IFRS 52

IFRS GAAP Accounting Principles Accounting Standards 52

Trade Credit & Liquidity Management

MAY 29, 2025

This shift demands that billers stay informed and proactive, as compliance and efficiency heavily depend on understanding complex regulations and effectively leveraging service providers. Government Mandates: Clearance models help governments ensure compliance and improve tax collection through real-time transaction monitoring.

Invoicing 52

Invoicing Compliance Cash Flow Forecasting Currencies 52

Global Finance

JUNE 9, 2025

Additionally, the bank’s X-Border API enables other banks to automatically send payment instructions to Societe Generale in 40 different currencies from a single account, benefiting from a guaranteed rate for 20 minutes after obtaining the quotation. This leads to improved project outcomes and enhanced compliance with regulatory requirements.

Forecasting 59

Forecasting Cash Management Currencies Compliance 59

Bramasol

APRIL 15, 2024

In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation. to drive financial models.

SAP 93

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 93

Global Finance

JUNE 11, 2025

“We have recently extended our open banking API solutions to deliver a seamless digital-first experience to our custody FX solutions in multiple restricted currency markets, as well as being a key channel for our clients to access our bank-grade digital-asset custody service to capture the opportunities from this exciting asset class.”

Compliance 52

Compliance Foreign Exchange SAP Banking 52

PYMNTS

JULY 1, 2020

The Office of the Comptroller of the Currency (OCC) said in a report this week that it will examine how the coronavirus is impacting compliance by financial institutions (FIs). As noted in this space last month, Brian Brooks, acting Comptroller of the Currency, said in letters to the National League of Cities, U.S.

Compliance 66

Compliance Banking Currencies Financial Systems 66

CFO Talks

APRIL 17, 2025

As the role of the finance leader evolves beyond compliance and control, strategic decision-making increasingly relies on the intelligent use of data. Whether it’s expansion into a new market, investment in digital infrastructure, or rationalising product lines, information is the common currency that enables sound judgement.

CFO 52

CFO Compliance Finance Currencies 52

PYMNTS

AUGUST 16, 2020

China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ).

Currencies 134

Currencies Compliance Securities Planning 134

PYMNTS

DECEMBER 18, 2018

Now comes a comic book contribution to one of the most vexing and vital issues of modern payments and commerce — fraud prevention and ID compliance. 18) that is has released a free comic and coloring book entitled “ The Adventures of ID Man and Compliance Kid.”. Compliance, too, could become a juicer in the near future.

Compliance 61

Compliance Education Securities Currencies 61

PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. In other news, more than 7,000 digital currency ATMs now exist throughout the world, Cointelegraph reported.

Currencies 67

Currencies Planning Compliance Securities 67

PYMNTS

DECEMBER 9, 2020

The accelerated growth of USDC over the course of this year is the result of our active work to establish an open standard for fiat digital currency on the internet,” Puth said in a statement. Cuy Sheffield , head of the crypto at Visa, said this is the first business card that will make the balance of USDC available for spending.

Currencies 103

Currencies Treasury B2B Compliance 103

PYMNTS

NOVEMBER 9, 2018

MoneyGram shares sank as much as 25 percent during intraday trading on Friday (November 9), as the company reported results that reflected the impact of new compliance rules to stop fraudulent transactions, which has hurt top line momentum — and which will continue. Compliance Efforts, Continued. Bill payment revenues were $17.4

Compliance 64

Compliance Restructuring Currencies CFO 64

PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. “It’s not only about understanding the compliance procedures of the business itself,” said Karalevi?ius,

Banking 113

Banking Compliance Currencies B2B 113

PYMNTS

AUGUST 21, 2020

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software.

Currencies 139

Currencies Compliance Economics Investments 139

PYMNTS

DECEMBER 29, 2020

The network facilitates transactions across regional payment schemes and about 130 currencies, and regulatory and compliance tasks are streamlined and automated. Beyond solely collecting payment, she added, digital banking can be customized as firms pay their expenses, perhaps across a range of currencies. to name just a few.

Numbers 115

Numbers Accounting Banking eCommerce 115

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

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. Stokes, Quantas Capital: There is no silver bullet to the compliance challenges the region faces.

Banking 52

Banking Compliance Treasury Finance 52

PYMNTS

JANUARY 28, 2020

In the latest PYMNTS AML/KYC Tracker®, we learn that crypto is increasingly being defined as a security, not a currency – but either way, it’s getting a lot more scrutiny. Customer security and rigorous AML/KYC compliance are shaping up to be an amalgam of better systems, stricter procedures and a multi-layered safety approach to payments.

Compliance 60

Compliance Securities Currencies Finance 60

https://trustedcfosolutions.com/feed/

JULY 8, 2022

Many businesses are quick to learn that as your company grows and you develop more demanding and varied business requirements like multi-currency and multiple entity businesses, QuickBooks is limited and no longer meets your business needs. Multi-Currency. Suppose your business can identify with the following situations listed below.

Currencies 109

Currencies Compliance Financial Analysis Construction 109

Global Finance

SEPTEMBER 25, 2024

Regulatory shifts, such as Instant Payments and ISO20022 migration, mandate enhanced compliance and speed. SP: Specific challenges in CEE’s international transactions include currency volatility, regulatory compliance, and the need for speed and transparency.

Banking 98

Banking Cash Management Compliance Currencies 98

CFO News

JUNE 13, 2025

For the week ending on June 6, foreign currency assets, a major component of the reserves, increased by $3.47 Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves. bn to reach $696.6 billion to $696.66

Foreign Exchange 49

Foreign Exchange CFO Currencies Corporate Finance 49

PYMNTS

OCTOBER 14, 2020

As much as Bitcoin and other cryptocurrencies have attracted scrutiny from the Department of Justice and still lack mainstream acceptance, Voyager’s portfolio of so-called “stablecoins” (which are linked to an underlying currency such as the U.S. Ehrlich said stablecoins, including the U.S. Establishing Trust And Confidence.

Treasury 129

Treasury Currencies Cash Management Benchmarking 129

https://trustedcfosolutions.com/feed/

JULY 22, 2022

Some of the most common issues these businesses face include manual entry errors, decentralized payables, different currencies, inter-entity transactions, and taxation by location and country. It simplifies financial management for multiple locations, entities, and currencies for businesses of all sizes and complexities.

Accounting 113

Accounting Currencies Construction Compliance 113

PYMNTS

JUNE 18, 2020

More than 40 different FinTechs, digital currency companies and nonprofits are teaming up to launch a universal payment ID in a bid to make transferring money akin to sending an email. We are excited to facilitate borderless, frictionless instant transactions for free for users.”.

Nonprofit 98

Nonprofit Currencies Compliance Finance 98

CFO News

NOVEMBER 25, 2024

MakeMyTrip introduces multi-currency payment options for flights and hotels, simplifying bookings for international travelers and the Indian diaspora. The platform now supports payments in over 19 global currencies, enhancing accessibility for inbound travelers and expanding its reach to more than 150 countries through GDPR compliance.

Currencies 40

Currencies Compliance 40

CFO News Room

FEBRUARY 3, 2022

Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry. An expert committee to look into compliance & tax framework and thematic funds with government capital has been welcomed by investors.

Budgeting 130

Budgeting Startups Currencies Manufacturing 130

PYMNTS

JULY 5, 2020

It’s intended to “enhance the availability of financial services and the financial transparency of hemp-related businesses in compliance with federal law,” the notice said. The reminder is intended for banks with clients that include marijuana retailers or individuals that grow, process, or manufacture pot.

Treasury 140

Treasury Banking Concentration Manufacturing 140

PYMNTS

OCTOBER 18, 2018

In July, reports in the Financial Times said Switzerland is working to open the nation’s traditional corporate banking market to cryptocurrency companies finding it difficult to get banked, thanks to fears over anti-money laundering (AML) violations and other compliance issues. “Time is pressing,” he said.

Banking 85

Banking Planning Currencies Startups 85

Future CFO

MARCH 11, 2025

The complexity of managing diverse invoices, with multi-currency, continental tax variations, and format differences, further strains operational capacity. These systems can integrate disparate data sources into a centralised platform, breaking down silos, providing a holistic view, and supporting compliance efforts.

Finance 52

Finance Compliance Performance Measuring CFO 52

Future CFO

DECEMBER 13, 2020

Asia Pacific has seen the single biggest rise in regional financial non-compliance fines from US$6.6 The average value of enforcement actions against financial institutions for AML related compliance breaches is 44% lower than in 2019. million in 2019 to US$5.1 Meanwhile, penalties have totalled US$10.4 Global finding highlights.

Compliance 52

Compliance Banking Currencies Accounting 52

Bramasol

MAY 16, 2025

Revenue Recognition Compliance: Navigating ASC 606 / IFRS 15 rules for multi-element arrangements and variable consideration. Operational Scalability Multi-Entity and Global Expansion: Managing multiple subsidiaries, currencies, tax jurisdictions, and transfer pricing. SOX compliance) and financial transparency.

SAP 85

SAP IFRS Compliance Auditing 85

The Finance Weekly

DECEMBER 1, 2024

Regulatory Compliance - Accurate records are essential for meeting legal and regulatory requirements, especially for publicly traded companies. Compliance - Stay informed about regulatory requirements to avoid costly mistakes. Data Accuracy - Ensure that all your source data is accurate and up-to-date. What Causes Discrepancies?

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

Global Finance

FEBRUARY 5, 2025

Artificial intelligence and automation streamline document verification, compliance checks, and risk assessment. Citis support for credit-guarantee facility transactions in local currency attracted widespread recognition in the Mexican business community. Distributed ledger technologies help reduce fraud. The horizon is not cloudless.

Finance 59

Finance Banking Currencies Economics 59

CFO Talks

MAY 21, 2025

CFOs at group level are using shared services models to centralise HR, procurement, and compliance, and saving millions while boosting quality. South African CFOs are also shifting from imports to local supply chains to sidestep logistics shocks and currency volatility. This isnt patriotic, its practical.

Budgeting 52

Budgeting CFO Compliance Invoicing 52