PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Regulators and lawmakers, however, can latch onto digital currency efforts as they must monitor and also supervise such stablecoins. In a paper that debuted Tuesday (Nov. The Value Of CBDC .

Currencies 92

Currencies Economics Banking Compliance 92

Future CFO

MARCH 17, 2022

Asia Pacific will see growing risks to its economic growth as a result of the Russia-Ukraine war, said Moody’s recently. Several economies risk backsliding on debt consolidation,” Majmudar warned.

Economics 52

Economics Currencies Transportation Compliance 52

CFO News Room

NOVEMBER 13, 2022

Russia has said it will not sell to any countries that participate in the price cap scheme, and Jaishankar has repeatedly stated that India cannot afford to buy oil at high prices – at least not without undermining its economic growth, which is forecast to be 6.1 percent in 2023, the fastest-growing major economy in the world. Source link.

Transportation 130

Transportation Economics Currencies Treasury 130

The Finance Weekly

OCTOBER 13, 2021

Companies looking to advance in this new economic environment will continue to rely on the same four strategies that have proven successful over the past 16 months. Account reconciliation, currency exchange, and payables and receivables are all laborious processes that rely heavily on spreadsheets for many businesses.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

PYMNTS

AUGUST 22, 2019

Paying with digital currencies is becoming more and more prevalent internationally, and every industry is affected. With our pilot operation in the A1 shops we are testing the demand and acceptance of digital currencies in Austria,” Markus Schreiber, head of A1 business marketing, said in the press release.

Currencies 61

Currencies Compliance Economics Sales 61

PYMNTS

MAY 21, 2020

Comptroller of the Currency Joseph Otting will step down from his post on May 29, according to a press release. “I Otting’s tenure saw the Office of the Comptroller of the Currency (OCC) rationalizing the capital and liquidity rules to help banks serve customers’ needs while remaining safe, the release states.

Currencies 52

Currencies Budgeting Compliance Economics 52

PYMNTS

MARCH 30, 2020

and the Office of the Comptroller of the Currency — are all on board with using the “new methodology for measuring counterparty credit risk in derivatives transactions.”. National bank regulators — The Federal Reserve, Federal Deposit Insurance Corp.

Accounting Standards 66

Accounting Standards Banking Credit Risk Compliance 66

CFO Talks

MARCH 14, 2024

No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Subscribing to reputable economic research, attending industry conferences, and maintaining a network of global contacts can provide valuable insights and foresight.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

PYMNTS

OCTOBER 16, 2019

Mastercard said for a digital currency to be successful, it has to give customers not only stability and consumer protections but regulatory compliance as well. We thought it useful to share.”. The company said that a good portion of the 2,600 cryptocurrencies available right now don’t do that at all.

Currencies 60

Currencies Compliance Economics Securities 60

Spreadym

SEPTEMBER 12, 2023

It's important to note that the budget planning process should be flexible and adaptive to changing economic conditions, industry trends, and internal developments. Regulatory Environment: Changes in regulations and compliance requirements can impact costs and revenue.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

Bramasol

DECEMBER 14, 2023

As of the third quarter of 2023, SAP SE reported cloud revenue was up by 23% at constant currencies, driven mainly by the growth of SAP's combined SaaS and PaaS portfolio. This can be seen clearly in the increased adoption of SAP Cloud-based S/4HANA over recent years.

Technology 88

Technology SAP IFRS Compliance 88

PYMNTS

AUGUST 24, 2020

Online classes are also gaining the attention of workers who have been laid off during the economic downturn and want to refresh their skills or build new ones and attracting employees who may be seeking to polish their know-how while working from home. . Tackling The Currency Challenge . percent said they wanted to be paid on time.

Education 60

Education Currencies Economics Entertainment 60

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. Noreika, acting Comptroller of the Currency, in a statement. Compliance. Shifts in Lending Practices.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

JULY 1, 2020

In the latest Subscription Commerce Conversion Index, PYMNTS reveals the five key features that can help companies keep subscribers loyal despite today’s challenging economic times. OCC: Banks Face Higher Compliance Risks Amid Pandemic.

B2B 52

B2B Compliance Entertainment Currencies 52

PYMNTS

NOVEMBER 10, 2020

Many consumers move to new countries to pursue economic opportunities, but adjusting to these locations also requires learning the ins and outs of new financial systems — a transition that can be filled with friction. customers to recipients in Asia and Europe.

Banking 86

Banking Compliance Currencies Financial Systems 86

PYMNTS

OCTOBER 1, 2018

After all, it stands to reason that the more links there are in the supply chain (spread out, and even global in nature), the harder it is to deliver absolute confidence in production methods, quality of products, transparency of payments and regulatory compliance.

Currencies 73

Currencies B2B Manufacturing Compliance 73

PYMNTS

APRIL 26, 2019

B2B, in some respects, is the stubborn mule of the digital economy, and represents a massive source of economic strength. Amazon itself does not handle the bitcoin, and it was not clear which financial institutions are converting it from crypto to fiat (real currency) so merchants can receive actual money. Fun, Odd and Edgy.

B2B 70

B2B Compliance B2C Currencies 70

PYMNTS

MAY 29, 2019

Our systems automatically handle complexities from compliance to volatile currency exchanges so users can transfer money (24 hours a day, 7 days a week) to nearly every country across the world, with the touch of a few buttons,” said Khalid Fellahi, SVP and general manager of Western Union Digital.

Compliance 75

Compliance Currencies Economics Retail 75

Future CFO

AUGUST 27, 2023

You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks." Participants noted that this could increase material costs and impact currencies, leading to price fluctuations. Finally, we are facing issues post-COVID-19," said Yang.

Risk Management 98

Risk Management Credit Risk Finance Risk Analysis 98

PYMNTS

OCTOBER 21, 2020

The second in a series, the Playbook focuses specifically on how effective and efficient back-office payments processes are essential to adapting and thriving in a challenging global economic environment. The average multinational firm works with six separate banks and six currencies.

eCommerce 63

eCommerce Healthcare Compliance Currencies 63

PYMNTS

MAY 11, 2020

government continues to distribute economic impact payments to American citizens via ACH and paper checks over the course of weeks and months, it has become increasingly clear that their legacy payment infrastructure is ripe for innovation,” Ingo Money CEO Drew Edwards told PYMNTS. People want answers.

Currencies 52

Currencies Treasury Compliance Banking 52

PYMNTS

AUGUST 5, 2019

Selling to overseas subscribers means businesses must handle payments in multiple currencies. Consumers want to see prices in their home currencies when they consider signing up for services, rather than having to calculate conversions in their heads. Speed and Accuracy.

Currencies 46

Currencies Compliance Banking Securities 46

Future CFO

MAY 15, 2023

This notion is reinforced by the World Uncertainty Index (see Figure 1 below), which measures the level of global uncertainty across a variety of economic, social, and political factors. By assessing risk positions and gaining insights into commodity price changes and currency conversion rates, businesses can better mitigate financial risks.

IFRS 52

IFRS SAP Accounts Payable Compliance 52

PYMNTS

JULY 31, 2019

Bitwala, which has retail customers in all 31 countries of the European Economic Area, says it’s so far traded bitcoin to the value of over €11 million ($12.26 The funds will be used to expand the company’s customer base, add new staff and launch bitcoin accounts for businesses.

Finance 40

Finance Currencies Compliance Economics 40

CFO News Room

JANUARY 18, 2023

WSJ | Risk and Compliance Journal. Our Morning Risk Report features insights and news on governance, risk and compliance. Concurrent with the U.S. action, French authorities have taken their own enforcement steps, including closing Bitzlato’s digital infrastructure and seizing its cryptocurrency. Newsletter Sign-up.

Treasury 100

Treasury Compliance Financial Systems Finance 100

PYMNTS

NOVEMBER 23, 2020

He pointed to brands and merchants like Dunkin and Dollar General, marked by underserved populations that could benefit by better economics than has been seen with prepaid cards or payday lending. But they also offset some of those savings due to the regulatory costs and overhead that comes with compliance burdens.

Banking 86

Banking Leverage Compliance Technology 86

PYMNTS

NOVEMBER 7, 2019

Depending on how far afield they expand, those issues can span currencies, locally preferred payment methods and, increasingly, taxes. They must now apply tax rules to inventory, and keep track of the 43 (and counting) economic nexuses that, ultimately, have an impact on bottom lines. Last year, in the case of South Dakota v.

Compliance 40

Compliance eCommerce Sales Economics 40

PYMNTS

NOVEMBER 9, 2016

We want to come up with an expression of value exchange between consumers that is a delightful experience, that works anywhere in the world, that works across currencies, is instant and, for the consumer, free.”. This can be across the table in their own currency or through the blockchain to send value globally, Allaire added.

Currencies 75

Currencies Compliance Communication Credit Risk 75

PYMNTS

NOVEMBER 19, 2020

The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed. Mastercard Adds A2A For Track Business Payment Service.

B2B 104

B2B Reconciliations Risk Management Compliance 104

PYMNTS

FEBRUARY 2, 2021

You have these ‘local Amazons’ that are cropping up,” he told Webster, “and if you integrate with them, then you have merchants in meaningful numbers driving digital currency activity. System integrity, handling of leading-edge cases and compliance are some of the areas often overlooked.

eCommerce 94

eCommerce Numbers Compliance Currencies 94

PYMNTS

OCTOBER 19, 2016

The CFOs and treasurers throughout the globe are popping their bubbles when it comes to economic outlook. According to “ Managing Risk in Challenging Economic Times ,” released earlier this month, the majority of CFOs admit that they struggle to stay on top of how quickly the macroeconomic environment is changing.

Treasury 70

Treasury Prioritization Economics Leadership 70

PYMNTS

OCTOBER 30, 2018

percent year on year, edged analysts’ estimates slightly, though management noted that revenue on a currency-neutral basis, and excluding items, was up 17 percent. billion, up 18 percent on a currency-neutral basis. dollar on cross-border flows and the economic weakness in some emerging market countries.”. Earnings of $1.82

B2B 71

B2B Currencies Economics Compliance 71

PYMNTS

OCTOBER 10, 2019

The founding members are supposed to pay $10 million each to back the digital currency project, and in doing so, commit to Libra operations. and China, could sap economic activity as well as domestic hiring and trigger a recession. Libra Association member firms, which now number 27 companies, are slated to meet on Monday (Oct.

SAP 43

SAP Economics Manufacturing Compliance 43

PYMNTS

SEPTEMBER 18, 2018

17) that the city financial center, the Abu Dhabi Global Market (ADGM), has debuted a “sandbox” for digital offerings in tandem with Abu Dhabi’s Department of Economic Development. “ Announcements came Monday (Sept. Announcements came Monday (Sept. Startup accelerators are in place.

Banking 66

Banking Startups Education Compliance 66

PYMNTS

MARCH 8, 2016

In recognition of International Women’s Day, Western Union is paying tribute to women around the globe who have acted as agents of economic change. Chambers as Chief Strategy and Product Officer, and Jacqueline Molnar as Chief Compliance Officer. Western Union’s stats note that women alone are projected to move $300.6

Education 42

Education Economics Compliance Currencies 42

PYMNTS

JUNE 11, 2018

Change across the regulatory compliance landscape is de rigueur, and global in scope. The new legislation passed by Congress, known as the Economic Growth, Regulatory Relief and Consumer Protection Act, relaxes some restrictions, namely by boosting the threshold of “too big to fail” from $50 billion to as much as $250 billion.

Compliance 40

Compliance Currencies Banking Economics 40

PYMNTS

MARCH 19, 2020

That signals a seismic shift for companies across the globe and across industries, and for the FIs that process payments across borders, time zones and currencies. Well, they can leave one bank account and settle in another account in a matter of seconds.

Banking 60

Banking Compliance Currencies Accounting 60